Articles, Library comments - page 50

CloseAgent : Optimal closing tool with Bollinger Bands and RSI. Author: Pedro Roberto Diez San Jose

Indicator PriceScale.mq5 - price scale for the visually impaired. : Tortured small print in the terminal? This indicator makes price numbers visible! Author: Aleksandr Slavskii

Close Orders By Target or Cut Loss : This EA is used as a trading tool to help us close all orders with a specific target in the form of money or cut loss. We can filter orders by magic number. Author: Yulianto Hiu

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

Check out the new article: Automating Trading Strategies in MQL5 (Part 10): Developing the Trend Flat Momentum Strategy . In this article, we develop an Expert Advisor in MQL5 for the Trend Flat Momentum Strategy. We combine a two moving averages crossover with RSI and CCI momentum filters to

Check out the new article: Automating Trading Strategies in MQL5 (Part 9): Building an Expert Advisor for the Asian Breakout Strategy . In this article, we build an Expert Advisor in MQL5 for the Asian Breakout Strategy by calculating the session's high and low and applying trend filtering with a

Take Profit based on your current profit : Most EAs tend to close orders in take profit based on the distance in pips from the purchase price. However, this MQL4 code is based mainly on the current profit. Author: Luca Cerquatelli

Super_Signals_Channel_V3 : The Super_Signals_Channel_V3 indicator with a colored filling of the channel and a middle line Author: Nikolay Kositsin

Check out the new article: From Basic to Intermediate: Operators . In this article we will look at the main operators. Although the topic is simple to understand, there are certain points that are of great importance when it comes to including mathematical expressions in the code format. Without an

Check out the new article: Price Action Analysis Toolkit Development (Part 15): Introducing Quarters Theory (1) Quarters Drawer Script . Points of support and resistance are critical levels that signal potential trend reversals and continuations. Although identifying these levels can be challenging

Check out the new article: Developing a multi-currency Expert Advisor (Part 8): Load testing and handling a new bar . As we progressed, we used more and more simultaneously running instances of trading strategies in one EA. Let's try to figure out how many instances we can get to before we hit

Useful #define statements : These are some #define statements that are useful to perform operations in your EA. You only need to assign the name of your variables at the beginning of the file, and then let the other #define statements do the work. In order to use this file, add #include

SuperTrend: The SuperTrend indicator developed for MetaTrader 4 based on the ProRealTime version. Author: Jason Robinson

Engulfing Pattern Plus One : Engulfing Pattern Plus One Author: Vladimir Karputov

Check out the new article: Anarchic Society Optimization (ASO) algorithm . In this article, we will get acquainted with the Anarchic Society Optimization (ASO) algorithm and discuss how an algorithm based on the irrational and adventurous behavior of participants in an anarchic society (an anomalous

MTF_MA : The Multi-timeframe Moving Average indicator Author: Scriptor

Check out the new article: Chaos theory in trading (Part 1): Introduction, application in financial markets and Lyapunov exponent . Can chaos theory be applied to financial markets? In this article, we will consider how conventional Chaos theory and chaotic systems are different from the concept

Check out the new article: MQL5 Integration: Python . Python is a well-known and popular programming language with many features, especially in the fields of finance, data science, Artificial Intelligence, and Machine Learning. Python is a powerful tool that can be useful in trading as well. MQL5

Check out the new article: MQL5 Wizard Techniques you should know (Part 55): SAC with Prioritized Experience Replay . Replay buffers in Reinforcement Learning are particularly important with off-policy algorithms like DQN or SAC. This then puts the spotlight on the sampling process of this

Check out the new article: Neural Networks in Trading: Injection of Global Information into Independent Channels (InjectTST) . Most modern multimodal time series forecasting methods use the independent channels approach. This ignores the natural dependence of different channels of the same time

Check out the new article: Build Self Optimizing Expert Advisors in MQL5 (Part 6): Stop Out Prevention . Join us in our discussion today as we look for an algorithmic procedure to minimize the total number of times we get stopped out of winning trades. The problem we faced is significantly

Check out the new article: Neural Networks in Trading: Practical Results of the TEMPO Method . We continue our acquaintance with the TEMPO method. In this article we will evaluate the actual effectiveness of the proposed approaches on real historical data. The TEMPO method is built on the use of a

Corrected double smoothed Wilder's EMA : Corrected double smoothed Wilder's EMA Author: Mladen Rakic

BB stops : BB stops - new version. Author: Mladen Rakic

Time in microseconds (µs) since 01/01/1970 : Simple class for getting the number of milliseconds(µs) elapsed since January 1, 1970 Author: Nikolai Semko

Check out the new article: Price Action Analysis Toolkit Development (Part 13): RSI Sentinel Tool . Price action can be effectively analyzed by identifying divergences, with technical indicators such as the RSI providing crucial confirmation signals. In the article below, we explain how automated

Check out the new article: Price Action Analysis Toolkit Development (Part 14): Parabolic Stop and Reverse Tool . Embracing technical indicators in price action analysis is a powerful approach. These indicators often highlight key levels of reversals and retracements, offering valuable insights into

Check out the new article: Developing a robot in Python and MQL5 (Part 2): Model selection, creation and training, Python custom tester . We continue the series of articles on developing a trading robot in Python and MQL5. Today we will solve the problem of selecting and training a model, testing

New article Trading account monitoring is an indispensable trader's tool has been published: Trading account monitoring provides a detailed report on all completed deals. All trading statistics are collected automatically and provided to you as easy-to-understand diagrams and graphs. Author

Profit Shield - EA for MT4 : This EA is designed to automatically close BUY and SELL orders independently based on user-defined profit percentages of the account balance. It allows traders to set separate profit targets for both BUY and SELL positions, ensuring that each side of the market is