Articles, Library comments - page 63

Close by Equity Percent : The EA closes all positions if the equity reaches a certain ratio as related to the balance. Author: Vladimir Karputov

AutoFibo indicator of two last swings based on ZigZag for MT5 : The AutoFibo indicator is an advanced Fibonacci retracement tool that automatically draws Fibonacci levels based on the ZigZag pattern. This indicator is designed to help traders quickly identify potential support and resistance levels

Check out the new article: Developing a multi-currency Expert Advisor (Part 11): Automating the optimization (first steps) . To get a good EA, we need to select multiple good sets of parameters of trading strategy instances for it. This can be done manually by running optimization on different

Check out the new article: Trading with the MQL5 Economic Calendar (Part 3): Adding Currency, Importance, and Time Filters . In this article, we implement filters in the MQL5 Economic Calendar dashboard to refine news event displays by currency, importance, and time. We first establish filter

ClosePositionsBySymbol : The script closes all positions of the current symbol. Author: Nikolay Kositsin

JMA - Jurik Moving Average : JMA is an indicator which is the transformation of the accumulated background data is the essence of this technical indicator. JMA offers an opportunity to recognize several peculiarities and patterns that are invisible to the naked eye in price dynamics. Based on this

No Loss EA - No Indicator, No Price Action strategy for MetaTrader 4 : This strategy eliminates the need to rely on indicators, candlestick patterns, chart patterns, or any price action. This EA employs a progressive system that I have been using for the past six months and have backtested for over

New article How to choose an Expert Advisor: Twenty strong criteria to reject a trading bot has been published: This article tries to answer the question: how can we choose the right expert advisors? Which are the best for our portfolio, and how can we filter the large trading bots list available on

Check out the new article: Neural Networks Made Easy (Part 94): Optimizing the Input Sequence . When working with time series, we always use the source data in their historical sequence. But is this the best option? There is an opinion that changing the sequence of the input data will improve the

Check out the new article: MQL5 Wizard Techniques you should know (Part 49): Reinforcement Learning with Proximal Policy Optimization . Proximal Policy Optimization is another algorithm in reinforcement learning that updates the policy, often in network form, in very small incremental steps to

Candle ZigZag : Candle ZigZag is an indicator which changes its leg if a candlestick color changes Author: Rajesh Kumar Nait

Check out the new article: Mastering Log Records (Part 1): Fundamental Concepts and First Steps in MQL5 . Welcome to the beginning of another journey! This article opens a special series where we will create, step by step, a library for log manipulation, tailored for those who develop in the MQL5

Check out the new article: Creating a Trading Administrator Panel in MQL5 (Part VII): Trusted User, Recovery and Cryptography . Security prompts, such as those triggered every time you refresh the chart, add a new pair to the chat with the Admin Panel EA, or restart the terminal, can become tedious

DXY Dollar Index: This indicator calculates and displays the Dollar Index and 2 definable moving averages. In order for it to work, the broker must provide prices for all the reference pairs, i.e. EURUSD, USDJPY, GBPUSD, USDCAD, USDSEK, USDCHF. Author: Andy T

Kijun-Sen with alerts : The Kijun-sen line with color customization and sending alert on trend changes Author: Automated-Trading

Script to extract Candlesticks data from all time frames to CSV. : This MQL5 script exports candlestick data for various timeframes into a CSV file, capturing essential market information like open, high, low, and close prices. It analyzes each candlestick's characteristics, including body and wick

Demo_BitmapOffset (OBJPROP_XOFFSET and OBJPROP_YOFFSET) : If you need to show just a part of the image at the moment and hide other, you can use the moving window by specifying the visible area of the image. This is an example of use of the OBJPROP_XOFFSET and OBJPROP_YOFFSET properties. See video

Check out the new article: Developing a multi-currency Expert Advisor (Part 13): Automating the second stage — selection into groups . We have already implemented the first stage of the automated optimization. We perform optimization for different symbols and timeframes according to several criteria

New article Data Science and Machine Learning (Part 01): Linear Regression has been published: It's time for us as traders to train our systems and ourselves to make decisions based on what number says. Not on our eyes, and what our guts make us believe, this is where the world is heading so, let us

Check out the new article: Developing a Replay System (Part 51): Things Get Complicated (III) . In this article, we will look into one of the most difficult issues in the field of MQL5 programming: how to correctly obtain a chart ID, and why objects are sometimes not plotted on the chart. The

2MA_RSI : This Expert Advisor uses two Moving Averages and RSI indicator. It has two money management systems - fixed lot and martingale. The martingale can be disabled. Author: Fox Rex

jMasterRSX v1 by jirimac: Based on RSX multiple timeframes for EURUSD Author: jirimac

Fourier extrapolation of price : This indicator fits a trigonometric model to prices and extrapolates it in the future. This indicator uses the Quinn-Fernandes algorithm to find the harmonic frequencies. It fits harmonics of the trigonometric series one by one until the specified total number of

Check out the new article: Developing a Replay System (Part 53): Things Get Complicated (V) . In this article, we'll cover an important topic that few people understand: Custom Events. Dangers. Advantages and disadvantages of these elements. This topic is key for those who want to become a

Check out the new article: Creating a Trading Administrator Panel in MQL5 (Part VI):Trade Management Panel (II) . In this article, we enhance the Trade Management Panel of our multi-functional Admin Panel. We introduce a powerful helper function that simplifies the code, improving readability

Check out the new article: Price Action Analysis Toolkit Development (Part 2): Analytical Comment Script . Aligned with our vision of simplifying price action, we are pleased to introduce another tool that can significantly enhance your market analysis and help you make well-informed decisions. This

Check out the new article: Data Science and Machine Learning (Part 21): Unlocking Neural Networks, Optimization algorithms demystified . Dive into the heart of neural networks as we demystify the optimization algorithms used inside the neural network. In this article, discover the key techniques

Check out the new article: Developing Zone Recovery Martingale strategy in MQL5 . The article discusses, in a detailed perspective, the steps that need to be implemented towards the creation of an expert advisor based on the Zone Recovery trading algorithm. This helps automate the system saving time

Check out the new article: Exploring Cryptography in MQL5: A Step-by-Step Approach . This article explores the integration of cryptography within MQL5, enhancing the security and functionality of trading algorithms. We’ll cover key cryptographic methods and their practical implementation in

Check out the new article: Mutual information as criteria for Stepwise Feature Selection . In this article, we present an MQL5 implementation of Stepwise Feature Selection based on the mutual information between an optimal predictor set and a target variable. Mutual information is a valuable tool