Articles, Library comments - page 42

Check out the new article: MQL5 Wizard Techniques you should know (Part 78): Gator and AD Oscillator Strategies for Market Resilience . The article presents the second half of a structured approach to trading with the Gator Oscillator and Accumulation/Distribution. By introducing five new patterns

iForexSessions : Highlights the Forex Market Sessions (Sydney, Tokyo, London, New York). Author: amrali

Check out the new article: Feature Engineering With Python And MQL5 (Part IV): Candlestick Pattern Recognition With UMAP Regression . Dimension reduction techniques are widely used to improve the performance of machine learning models. Let us discuss a relatively new technique known as Uniform

Check out the new article: Algorithmic trading based on 3D reversal patterns . Discovering a new world of automated trading on 3D bars. What does a trading robot look like on multidimensional price bars? Are "yellow" clusters of 3D bars able to predict trend reversals? What does multidimensional

Smart Fibonacci : SmartFibo is a powerful MQL5 custom indicator that automatically draws Fibonacci retracement and extension levels based on the ZigZag algorithm, ideal for trading ABCD patterns. It supports both wick-to-wick and body-to-body Fibonacci calculations, making it versatile for various

ZScore : The ZScore indicator shows relative price deviation from its average value. Author: Scriptor

Pending tread EA. : Pending_tread EA This Expert Advisor automatically places a grid of pending orders above and below the current market price. It supports both buy and sell pending orders with user-configurable distance (in pips), lot size, and take profit levels. The EA maintains up to 10 pending

Moving Average based on Heiken-Ashi : This is a Moving Average indicator based on Heiken-Ashi candles instead of raw market price. Author: Tshidiso Ephraim Mpakanyane

Average penetration : Average penetration Author: Mladen Rakic

CRASH SPIKE TRADE PATTERN : This indicator detects a specific bearish spike formation over 3 candles: Candle 1: Bearish (Red candle). Long wick. Body must be greater than 70% of the total candle range (i.e., a strong spike). Candle 2 (Middle): Bullish (Green candle). Can be any size; just needs to

Risk Management EA Based on ATR Volatility : This Expert Advisor (EA) helps traders manage risk by automatically adjusting position sizes and stop-loss levels based on market volatility, using the Average True Range (ATR) indicator. The EA calculates the optimal position size for each trade

Check out the new article: MQL5 Trading Tools (Part 7): Informational Dashboard for Multi-Symbol Position and Account Monitoring . In this article, we develop an informational dashboard in MQL5 for monitoring multi-symbol positions and account metrics like balance, equity, and free margin. We

Engulfing Pattern Indicator with Volume Confirmation : This indicator detects bullish and bearish engulfing candlestick patterns with an optional volume filter to highlight stronger signals. Author: Ezequiel Henrique Melo Do Nascimento

Check out the new article: Portfolio optimization in Forex: Synthesis of VaR and Markowitz theory . How does portfolio trading work on Forex? How can Markowitz portfolio theory for portfolio proportion optimization and VaR model for portfolio risk optimization be synthesized? We create a code based

New article Adaptive Trading Systems and Their Use in the MetaTrader 5 Client Terminal is published: This article suggests a variant of an adaptive system that consists of many strategies, each of which performs its own "virtual" trade operations. Real trading is performed in accordance with the

BreakRevertPro EA Adaptive Trading Edge for Breakout Mean Reversion : BreakRevertPro EA merges breakout and mean reversion strategies with adaptive SL/TP and multi-timeframe ATR trailing stops for flexible trading in volatile markets. Author: Mustafa Seyyid Sahin

Check out the new article: Price Action Analysis Toolkit Development (Part 34): Turning Raw Market Data into Predictive Models Using an Advanced Ingestion Pipeline . Have you ever missed a sudden market spike or been caught off‑guard when one occurred? The best way to anticipate live events is to

Hello everyone, I have a question about privacy while using MetaTrader 5. Specifically, I want to know: Can the broker detect what type of device I am using to access MT5 (e.g., mobile, desktop, or VPS)? Can they see if I am logged in from one or multiple devices simultaneously? Is it possible for

Check out the new article: Self Optimizing Expert Advisors in MQL5 (Part 10): Matrix Factorization . Factorization is a mathematical process used to gain insights into the attributes of data. When we apply factorization to large sets of market data—organized in rows and columns—we can uncover

Check out the new article: From Novice to Expert: Reporting EA — Setting up the work flow . Brokerages often provide trading account reports at regular intervals, based on a predefined schedule. These firms, through their API technologies, have access to your account activity and trading history

OrderExample : The Expert Advisor sends trade requests using OrderSendAsync() function. Author: Roberto Jacobs

Karacatica : The indicator generates market entry signals shown as colored arrows on the chart. The signals are based on the ADX indicator . Author: Nikolay Kositsin

Check out the new article: Building a Profitable Trading System (Part 1): A Quantitative Approach . Many traders evaluate strategies based on short-term performance, often abandoning profitable systems too early. Long-term profitability, however, depends on positive expectancy through optimized win

Viral MACD Strategy (3.5M+ Views) — Recreated and Automated : This Expert Advisor implements a well-known MACD strategy made popular through a viral video. It combines MACD signals with trend and support/resistance filters. Author: Peter Mueller

ServerTime : A lightweight, customizable tool that displays server time on your chart for precise trading decisions. Author: Duy Van Nguy

Vortex 2 : Vortex 2 Author: Mladen Rakic

Pivot Oscillator Extended : Extended version of Pivot Oscillator . In addition to be able to calculate pivot points as oscillator, 4 ways of calculating pivot points were added: (Previous High + Previous Low + Previous Close)/3, (Previous High + Previous Low + Previous Close + Previous Close)/4

Weis Waves : Volume Wave indicator originally idealized by Richard D. Wyckoff. Author: Minions Labs

Check out the new article: Developing Advanced ICT Trading Systems: Implementing Order Blocks in an Indicator . In this article, we will learn how to create an indicator that detects, draws, and alerts on the mitigation of order blocks. We will also take a detailed look at how to identify these

LotSize Calculation : This is a simple script file to compute lot size either using risk percentage approach or the actual amount to risk. Author: Daniel Opoku