Articles, Library comments - page 49

Check out the new article: Mastering Market Dynamics: Creating a Support and Resistance Strategy Expert Advisor (EA) . A comprehensive guide to developing an automated trading algorithm based on the Support and Resistance strategy. Detailed information on all aspects of creating an expert advisor in

Candle Range MT5 : Candle Range MetaTrader indicator — is a very simple and lightweight indicator that displays the candle's range in pips on mouseover. In addition, to the High/Low range, it can optionally display the body size (Open/Close) for candles. Multiple display parameters are available to

Value Area Retracement Volume Indicator : The Value Area Retracement indicator, is a powerful volume profile-based tool designed to identify key trading levels—Point of Control (POC), Value Area High (VAH), Value Area Low (VAL), and Profile High/Low—across different timeframes. It helps traders spot

Check out the new article: Example of new Indicator and Conditional LSTM . This article explores the development of an Expert Advisor (EA) for automated trading that combines technical analysis with deep learning predictions. Technical indicators have long been used by the financial industry to spot

Check out the new article: Price Action Analysis Toolkit Development (Part 29): Boom and Crash Interceptor EA . Discover how the Boom & Crash Interceptor EA transforms your charts into a proactive alert system-spotting explosive moves with lightning-fast velocity scans, volatility surge checks

New article Reversal patterns: Testing the Double top/bottom pattern has been published: Traders often look for trend reversal points since the price has the greatest potential for movement at the very beginning of a newly formed trend. Consequently, various reversal patterns are considered in the

Swing trading 3 EMA Crossover : Hassane Zibara Author: Hassane Zibara

Daily VWAP : Daily VWAP (Volume Weighted Average Price) is a simple yet powerful indicator that calculates and displays the Volume Weighted Average Price for each trading day. Ideal for identifying intraday fair value and supporting your daily trading decisions. Author: Guillermo Pineda

Check out the new article: From Novice to Expert: Animated News Headline Using MQL5 (VIII) — Quick Trade Buttons for News Trading . While algorithmic trading systems manage automated operations, many news traders and scalpers prefer active control during high-impact news events and fast-paced market

Find Swing Highs Swing Lows : The Swing High/Low Identifier for MetaTrader 5 marks significant swing highs and swing lows directly on your chart with color-coded arrows. This tool helps traders quickly identify key price levels, which can serve as resistance and support, and is ideal for trend

Check out the new article: Self Optimizing Expert Advisors in MQL5 (Part 11): A Gentle Introduction to the Fundamentals of Linear Algebra . In this discussion, we will set the foundation for using powerful linear, algebra tools that are implemented in the MQL5 matrix and vector API. For us to make

Aroon Up, Down MT5 : Aroon Up & Down MetaTrader indicator — detecting the local tops and bottoms of the chart it was applied to, this indicator provides the signals for buying and selling the currency pairs when they rise up from the bottom and fall from the top. The cross of the indicator lines

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