Articles, Library comments - page 3

Check out the new article: Neural Networks in Practice: Gradient Descent . In this article, I will try to explain as simply and clearly as possible one of the most controversial issues that arises when discussing neural networks: how to find the best possible point, or the minimum of the loss

Check out the new article: From Basic to Intermediate: Technical Indicators (I) . In this article, we will examine the basic principles of using the technical indicators built into MetaTrader 5 and supported by this platform. Knowing and understanding these indicators can make implementing a

Check out the new article: Using the MQL5 Economic Calendar for News Filter (Part 5): The Tier the Calendar Does Not Have . This part extends the news filter with an ordered tier scale that adds a special tier above the broker's High, per‑event time windows, and one classifier shared by live

Check out the new article: Building a PDF Creation Library in MQL5 (Part 3): The Byte-Exact Writer . The article presents CPdfBuffer and CPdfWriter, a minimal MQL5 pair that derives all offsets from the output buffer instead of hand-maintaining numbers. CPdfWriter records object starts, writes a

Check out the new article: Neural Networks in Trading: Temporal Motion Aggregation (TMA) . The TMA framework offers a new perspective on market dynamics, enabling models to capture not only the state of the market but also the passage of time itself. Its ability to identify patterns in a continuous

Check out the new article: Trading Strategy Beyond Raw Volume: Using Transformed Volume Change for Trading . The article develops a volume-change strategy that transforms tick or real volume with Ln(volume+1), differences it bar to bar, and applies arctan to produce a bounded, scale‑independent

SingleTesterCache : Tester's single pass data. Author: fxsaber

Check out the new article: Color Harmony Algorithm (CHA) . We take a closer look at the Color Harmony Algorithm (CHA) — a meta-heuristic optimization method based on Munsell's theory of color harmony. We explore the structure of the hue circle, harmony templates, the alternation between the

SuperTrend Indicator : A custom SuperTrend indicator built from first principles, combining an ATR-based volatility band with a ratchet mechanism to produce a clean, non-repainting trend line. Internal recursive state is managed through properly registered calculation buffers, avoiding the

Check out the new article: From Basic to Intermediate: Operator Overloading (VI) . Here, we implement deletion using operator overloading. Without a doubt, many people will have to spend quite a bit of time studying this article to fully grasp everything that will be covered here. I want to remind

Check out the new article: Neural Networks in Practice: An Example of Implementing an XOR Gate . In this article, I will try to show you, dear reader, that things are not always what they seem. We often tend to think that everything is arranged in a certain way, even though we may end up believing

Kalman Candles : Good tendency estimator, coloured candlesticks Author: Rodrigo S. Franco

Supply Demand Zones : Supply and demand zones for Gold (XAUUSD), EURUSD and any symbol: zones from swing highs and lows sized by ATR, fresh or tested, merged, broken ones removed, alerts and 5 buffers for EAs. Open source code. Author: Cristhian Alexander Gaibor Cuasquer

AutoGannAutoTrend : The indicator plots price channel, Fibonacci levels and Gann fan based on the latest ZigZag peaks. Author: Nikolay Kositsin

New article MetaTrader 5 on Linux is published: In this article, we demonstrate an easy way to install MetaTrader 5 on popular Linux versions — Ubuntu and Debian. These systems are widely used on server hardware as well as on traders’ personal computers. Author: MetaQuotes

TimeZones : The indicator draws four vertical colored lines during a day. Line parameters can be set in the input parameters. Author: Nikolay Kositsin

Copula: Gaussian, Student t, Clayton, Gumbel and Frank copulas with tail dependence : Fits five bivariate copulas on ranks, with Kendall's tau, tail dependence, the probability of joint extreme days, AIC and the conditional probabilities of pairs trading. Author: Mohamed-amine Baddir

ChangePoint: Bayesian online change point detection : Online detection of changes in the mean or volatility (Adams-MacKay): probability of a change in the last k bars, current segment length, forecast, and an indicator. Author: Mohamed-amine Baddir

MeanReversion: Ornstein-Uhlenbeck fit and optimal trading bands : Exact maximum likelihood of an Ornstein-Uhlenbeck spread and Bertram's optimal entry and exit levels for a given cost, with the expected length of a trade cycle. Author: Mohamed-amine Baddir

Trade Excursion Report - MAE and MFE of your closed trades (script) : For every closed position the script measures how far the price went against it (MAE) and in its favour (MFE), and shows what that says about your stops and exits. Table, summary on the chart and a CSV file. Read-only, it never

Spread Heatmap - typical spread for every hour and weekday, in server time or New York time : A table on the chart: the typical spread of the symbol for every hour and weekday, read from the history of your broker. Green is cheap, red is expensive. Hours in server time, UTC or a city with the right

DailyLossGuard — Hard Daily Loss Protection : DailyLossGuard — Hard Daily Loss Protection (Prop-Firm Challenge Essential) The #1 reason funded challenges fail is breaking the daily loss rule. DailyLossGuard enforces it automatically: it tracks your daily P/L every tick against your limit (% of

Awesome Oscillator Pullback EA for EURUSD, +209 Percent in a 2021-2026 Backtest : EURUSD EA that trades both directions: when the Awesome Oscillator turns against a weighted moving average filter, it places a stop order at the daily low or high of three days ago, with an ATR stop. Self-contained, no

Prop Firm Guard - daily loss and max drawdown protection : Closes all trades and blocks new ones when your prop firm daily loss or maximum drawdown limit is reached. Author: Marius Emeric Auguste Aubert

Equity Guard - daily loss, max drawdown and profit target lock : Closes all trades and keeps the account flat when the daily loss limit, the maximum drawdown or a daily profit target is reached. Prop-firm style rules, an on-chart panel, and a state that survives terminal restarts. Author: Muhammad

Gold MT5 Fractal Breakout EA : A MetaTrader 5 (MT5) Expert Advisor based on breakouts of prior swing highs and lows. The EA places pending orders around confirmed fractal structures and manages each trade with defined stop-loss, take-profit, and optional position-management rules. Author: chen guang

Prop Firm Equity Guard - Daily Loss Limit and Max Drawdown Protection : Closes all trades and blocks new ones when the daily loss limit, maximum loss or profit target is reached. Built for prop firm challenges. Works with manual trading and any other EA. Author: Shanawaz Mohammed Nabi Rasool Pinjori

Daily PnL Percentage Overlay - prop firm daily loss limit : Displays today's floating PnL as % of balance plus how much of the daily-loss budget is consumed — the number that actually matters for prop firm rules (FTMO, Apex, TopStep). Color code: green under 50% of limit, orange under 80%, red

VWAP - Volume Weighted Average Price : VWAP is an intra-day calculation used primarily by algorithms and institutional traders to assess where a stock is trading relative to its volume weighted average for the day. Author: Felipe Almeida

CanvasTabs: a lightweight tab bar for MQL5 based on CCanvas : A lightweight tab bar for chart panels, drawn with the standard CCanvas class. One include file, several independent instances per chart, click selection, resizing and safe cleanup. Includes a demo Expert Advisor. Author: Sayed Ali