Articles, Library comments - page 57

Pending orders DOWN : The scripts places multiple pending orders lower than the current price. Author: Vladimir Karputov

Engulfing bar with rsi : Alerts on engulfing bar below or above rsi levels Author: traderonemax

Place Hedge Order of unbalanced positions in MT4 : This script will place hedge trade of unbalanced type in MT4. Author: Biswarup Banerjee

ZigZag_channel : A channel based on peaks and troughs of the ZigZag indicator. Author: Nikolay Kositsin

Transparent MetaTrader 5 : The script allows to set transparency level of the client terminal window using Windows API. Author: Karputov Vladimir

Check out the new article: Matrix Factorization: A more practical modeling . You might not have noticed that the matrix modeling was a little strange, since only columns were specified, not rows and columns. This looks very strange when reading the code that performs matrix factorizations. If you

Check out the new article: MQL5 Wizard Techniques you should know (Part 42): ADX Oscillator . The ADX is another relatively popular technical indicator used by some traders to gauge the strength of a prevalent trend. Acting as a combination of two other indicators, it presents as an oscillator whose

Check out the new article: Ordinal Encoding for Nominal Variables . In this article, we discuss and demonstrate how to convert nominal predictors into numerical formats that are suitable for machine learning algorithms, using both Python and MQL5. Nominal variables represent categorical data where

Check out the new article: Developing a multi-currency Expert Advisor (Part 5): Variable position sizes . In the previous parts, the Expert Advisor (EA) under development was able to use only a fixed position size for trading. This is acceptable for testing, but is not advisable when trading on a

New article Universal ZigZag has been published: ZigZag is one of the most popular indicators among the MetaTrader 5 users. The article analyzes the possibilities for creating various versions of the ZigZag. The result is a universal indicator with ample opportunities to extend its functionality

SHA256, SHA384 and SHA512 + HMAC: Many developers need these functions, while working with different kinds of external APIs, like Bitcoin and altcoin exchanges where it is often necessary to send data with the confirmation of parameters validity through HMAC-SHA512, HMAC-SHA384 and...

New article Triangular arbitrage has been published: The article deals with the popular trading method - triangular arbitrage. Here we analyze the topic in as much detail as possible, consider the positive and negative aspects of the strategy and develop the ready-made Expert Advisor code. The

ThirdPartyTicks : A library for working with a third-party tick archive. Author: fxsaber

New article MQL5 Wizard techniques you should know (Part 04): Linear Discriminant Analysis has been published: Todays trader is a philomath who is almost always looking up new ideas, trying them out, choosing to modify them or discard them; an exploratory process that should cost a fair amount of

Check out the new article: Header in the Connexus (Part 3): Mastering the Use of HTTP Headers for Requests . We continue developing the Connexus library. In this chapter, we explore the concept of headers in the HTTP protocol, explaining what they are, what they are for, and how to use them in

Check out the new article: Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5 . The article guides in demonstrating an automated algorithm based on EMA Crossovers for MetaTrader 5. Detailed information on all aspects of demonstrating an Expert Advisor in MQL5 and testing it in

Crossover Vortex - MT4 EA : Fully customizable moving average, take profit, stop loss, close on crossover EA Author: Kommoju Sahityananda Devi

Check out the new article: MQL5 Wizard Techniques you should know (Part 08): Perceptrons . Perceptrons, single hidden layer networks, can be a good segue for anyone familiar with basic automated trading and is looking to dip into neural networks. We take a step by step look at how this could be

Check out the new article: Creating a Trading Administrator Panel in MQL5 (Part III): Extending Built-in Classes for Theme Management (II) . In this discussion, we will carefully extend the existing Dialog library to incorporate theme management logic. Furthermore, we will integrate methods for

Check out the new article: Self Optimizing Expert Advisor With MQL5 And Python (Part IV): Stacking Models . Today, we will demonstrate how you can build AI-powered trading applications capable of learning from their own mistakes. We will demonstrate a technique known as stacking, whereby we use 2

Check out the new article: Self Optimizing Expert Advisor With MQL5 And Python (Part V): Deep Markov Models . In this discussion, we will apply a simple Markov Chain on an RSI Indicator, to observe how price behaves after the indicator passes through key levels. We concluded that the strongest buy

Check out the new article: Reimagining Classic Strategies (Part IX): Multiple Time Frame Analysis (II) . In today's discussion, we examine the strategy of multiple time-frame analysis to learn on which time frame our AI model performs best. Our analysis leads us to conclude that the Monthly and

QuickTrade Control - One-Click Trade Management : This EA allows you to open trades with predefined TP, SL, and Lot Size parameters with just one click. It automatically handles pipette conversions and displays real-time Buy and Sell profits directly on the chart. Author: Kommoju Sahityananda Devi

Smart MA Trailing Stop EA - MT4 : Smart MA Trailing Stop EA automatically adjusts stop losses based on your selected MA period and distance between SL and MA. Author: Kommoju Sahityananda Devi

Check out the new article: MQL5 Wizard Techniques you should know (Part 25): Multi-Timeframe Testing and Trading . Strategies that are based on multiple time frames cannot be tested in wizard assembled Expert Advisors by default because of the MQL5 code architecture used in the assembly classes. We

Money Manager Graphic Tool: Money Manager Graphic Tool shows Lot Size, Ratio, Risk and opens orders (Buy, Sell, Buy Stop, Buy Limit, Sell Stop, Sell Limit). Author: takycard

New article MQL5 Cookbook - Creating a ring buffer for fast calculation of indicators in a sliding window has been published: The ring buffer is the simplest and the most efficient way to arrange data when performing calculations in a sliding window. The article describes the algorithm and shows how

ZigZag + Fibo : ZigZag indicator allowing to set Fibo levels at two last extremums. Author: Nikolay Kositsin

WKBIBS : WKBIBS is a next generation oscillator with combined WKB and IBS indicators functions. This indicator is quite suitable even for the beginner at Forex, also it will be a good addition to a trading system of a professional. WKBIBS gives the earliest signals in comparison to standard

MQL5 Programming for Traders – Source Codes from the Book. Part 4 : In the fourth part of the book, we will focus on mastering built-in functions (MQL5 API) and will gradually delve into specialized subsystems. Any MQL5 program can utilize a plethora of technologies and functionalities. Therefore