Articles, Library comments - page 41

Check out the new article: Forex Arbitrage Trading: A Matrix Trading System for Return to Fair Value with Risk Control . The article contains a detailed description of the cross-rate calculation algorithm, a visualization of the imbalance matrix, and recommendations for optimally setting the

Check out the new article: MQL5 Wizard Techniques you should know (Part 100): Sliding Window Median and Bidirectional LSTM for a Custom Trailing Stop . CTrailingSlidingMedianBiLSTM is a custom MQL5 Wizard trailing module that combines robust median/MAD outlier filtering with a BiLSTM context score

Draw On Liquidity + Kill Zone : The Draw On Liquidity (DOL) indicator automatically plots these essential levels on your chart and highlights high-probability trading windows through session kill zones. With full customization options, it provides a clean, professional, and highly informative

EA Money Management : A simple indicator based on trend criteria Author: Aleksej Poljakov

Relative Moving Average EA : An MQL5 implementation of all four cross-strategies from Bloch's Relative Moving Average framework, with his Adaptive Crossover Exit switching rules by volatility regime. Entries and exits are taken in fractile space, so thresholds mean the same thing on every symbol

Relative Moving Average Indicator : A faithful MQL5 port of Daniel Bloch's Relative Moving Average framework. It ranks the current close inside its own window's distribution on a [0, 1] scale comparable across symbols, publishing the fractiles, regime classification, and directional consistency as

Trading Panel EA : Pro Manager is an all-in-one MT5 trading assistant built for prop firm and professional traders. Execute trades faster, manage positions smarter, control risk efficiently, and automate daily trading tasks with powerful tools such as Break-even, Average TP, Magic Number management

Check out the new article: Forecasting a Conditional Distribution Using MLP . In this article, we will consider an MLP-based regression model that predicts not only the conditional expectation but also the conditional variance. In other words, we will train our network to predict the entire

Check out the new article: Symbolic Aggregate Approximation (SAX) in MQL5: Historical Analog Search and Forecasting . Symbolic Aggregate approXimation (SAX) encodes price windows as short words to enable fast, sound similarity search on history. We implement SAX in pure MQL5, including Gaussian

Check out the new article: CSV Data Analysis (Part 7): Statistical Robustness Testing on MQL5 CSV Exports with Monte Carlo Simulation . A statistically significant backtest is not proof of a robust edge. This article presents a three-part validation battery in Python that consumes an MQL5

Check out the new article: How to publish code to CodeBase: A practical guide . In this article, we will use real-life examples to illustrate posting various types of terminal programs in the MQL5 source code base. To publish your code in CodeBase, you only need to follow a few simple steps and

SR Zone Scanner : Multi-timeframe Support & Resistance zone scanner with strength rating and instant alerts — M15, H1, H4, D1. Author: Zbynek Liska

SMMA Levels MTF / BhanuCodeLab : SMMA Levels MTF is a multi-timeframe Smoothed Moving Average indicator for MetaTrader 5. The indicator calculates SMMA values from several selectable timeframes and displays them together on the current chart. Author: Bhanu Chandra Raju Indukuri

Footprint XRay (Order Flow Volume Delta) : An institutional-grade order flow and footprint chart indicator ported from Pine Script to MQL5. It dynamically deconstructs major timeframe bars using lower timeframe (LTF) historical tick/real volume to compute buy/sell volume delta at each price level

Check out the new article: Bison Algorithm (BIA) . A new optimization method, the Bison Algorithm (BIA), uses two strategies, inspired by the behavior of bison, for solving continuous problems with a single objective function. The key features of BIA are two fundamental principles borrowed from the

MT4 to MT5 Convertor (MT5Compat.mqh) - library for MetaTrader 5 : A new interface library has been developed to simplify the process of converting MT4 indicators and Expert Advisors (EAs) to MT5. This library supports most of the MetaTrader 4 functions, offering developers a unified solution for

Clock (Spread) : What this indicator does Clock (Spread).mq5 is a MetaTrader 5 chart indicator that displays a small text label in the corner of the chart showing: Countdown timer until the current candle closes (in HH:MM:SS or MM:SS format, depending on timeframe) Current spread (Ask − Bid, in

Check out the new article: Mapping the Shape of Price: The Mapper Lens and Cover in MQL5 . The article introduces the Mapper pipeline in MQL5 by implementing the two fundamental components: CTDAMapperFilter (lens) and CTDAMapperCover (overlapping intervals). It explains three lens

Check out the new article: Building a JSON Trade Report Exporter in Pure MQL5 . A refined MQL5 script exports trade history to a well‑formed JSON file in MQL5/Files/, reconstructing trades from deals by position ID and recovering stop loss and take profit via a two‑pass lookup that falls back closed

Mediana Trendline : Draws parallel trend channels (Median, High, Low) on the current chart based on the last two closed candles of up to 7 higher timeframes (MN1, W1, D1, H4, H1, M30, M15), with individually configurable colors and line styles for each timeframe. Author: Marian Beceanu

Advanced Risk Manager: Auto Suffix Detection Multi Currency Lot Sizer : Advanced MQL5 risk management class providing deterministic lot sizing, auto-suffix detection, and cross-currency triangular conversion. Author: Al-hassan Ali Mubarak Bahbah

Check out the new article: Symbolic Price Forecasting Equation Using SymPy . The article describes an interesting approach to algorithmic trading based on symbolic mathematical equations instead of traditional machine learning "black boxes". The author demonstrates how to transform opaque neural

Check out the new article: Ordinal Pattern Transition Networks in MQL5 . We implement ordinal pattern transition networks in MQL5: a Lehmer-code encoder, a directed network over ordinal price patterns, and three complexity metrics. Two indicators expose a trend-versus-range regime from

Check out the new article: Adaptive Spread Monitoring and Order Gating in MQL5 . This article presents a distribution-adaptive spread monitor for MQL5 that replaces fixed thresholds with a rolling histogram of each symbol's recent spread. It explains percentile estimation from bins, a four-state

Check out the new article: MQL5 Wizard Techniques you should know (Part 71): Using Patterns of MACD and the OBV . The Moving-Average-Convergence-Divergence (MACD) oscillator and the On-Balance-Volume (OBV) oscillator are another pair of indicators that could be used in conjunction within an MQL5

Check out the new article: How to Test and Customize Built-in MQL5 Programs: Custom BullishBearish MeetingLines Stoch Expert Advisor . We demonstrate a practical customization path for a built-in MetaTrader 5 EA using BullishBearish MeetingLines Stoch. The workflow covers baseline testing in the

Check out the new article: Comparing Trade Return Distributions with Mann-Whitney U in MQL5 . A native, dependency-free MQL5 implementation of the Mann-Whitney U test for comparing trade returns across two market regimes. It details rank calculation, tie correction, and a normal-approximation

New article Using Self-Organizing Feature Maps (Kohonen Maps) in MetaTrader 5 is published: One of the most interesting aspects of Self-Organizing Feature Maps (Kohonen maps) is that they learn to classify data without supervision. In its basic form it produces a similarity map of input data

Pivot SuperTrend / BhanuCodeLab : Pivot SuperTrend BhanuCodeLab is a trend-following indicator that combines confirmed pivot points with an ATR-based trailing trend line to identify market direction, trend reversals, and potential BUY or SELL signals. Author: Bhanu Chandra Raju Indukuri

Hidden Risk of Ruin Auditor : Reads a closed-position trade history (a CSV file, or one generated automatically from the current account's deal history by the companion RuinExport.mq5 script) and reports four independent risk fingerprints: volume escalation after a loss, overlapping same-direction