Articles, Library comments - page 7

Kalman Candles : Good tendency estimator, coloured candlesticks Author: Rodrigo S. Franco

Check out the new article: The Hypothesis of Randomness: Searching for Hidden Patterns in Price Series . The article describes a test of the hypothesis of randomness for quotes based on a chi-square statistic derived from the frequencies of overlapping s-chains. The article shows how to define

Mr. Wave : A stylish design view of the markets prices. Surf the trend!! Author: Rodrigo S. Franco

Convergence of Indis : Set the number of convergence indicators to a reversion occur. Author: Rodrigo S. Franco

Fair Value Gaps (FVG) - unfilled imbalance zones with fill tracking and alerts : Draws the fair value gaps (three-candle imbalances) that price has not filled yet, follows how much of each gap is filled and ends the box when it is. Closed candles only, no repaint. Alerts and buffers for EAs. Author

New article Thomas DeMark's Sequential (TD SEQUENTIAL) using artificial intelligence has been published: In this article, I will tell you how to successfully trade by merging a very well-known strategy and a neural network. It will be about the Thomas DeMark's Sequential strategy with the use of an

Support and Resistance Channels Ranked by Strength : Support and resistance channels built from price pivots and ranked by strength: each pivot inside a channel and each bar that touched it adds to its score. The strongest channels run across the whole chart, colored by where price is, with break

Check out the new article: Trading Options Without Options (Part 4): More Complex Option Strategies . In this article, we will examine how to reduce risk (and whether it is even possible to do so) in option strategies where risk is initially unlimited. This applies to strategies based on writing

Divergence Panel : From MultiIndicatorDivergence - Show all Time-Frames (if div.in last bar & if div. in actual bar). Author: Rodrigo S. Franco

Weekend Gap Check - prop firm gap risk before the Friday close : Before the Friday close: estimates how much your open positions could lose if the market reopens with a gap, and compares it with the room left under the daily loss limit of the next trading day. For prop firm and funded accounts. It

Key Trading System MASTER : Pro Version Author: Rodrigo S. Franco

Key Trading System : STRATEGY BASED ON RSI, SAR, HEIKEN-ASHI, STOCHASTIC, CCI, WPR AND BULLS & BEARS Author: Rodrigo S. Franco

MTF Trend Context - Vian : A compact MetaTrader 5 indicator that classifies five selected timeframes as Bullish, Bearish, Neutral, or N/A using price and EMA alignment, then summarizes whether the timeframes are aligned or mixed. This is a market-context indicator, not a standalone trading signal

APEX VELOCITY : ApexVelocity is a professional-grade Expert Advisor designed to capture explosive momentum in high-volatility instruments like XAUUSD (Gold). Moving away from rigid, hard-coded parameters, v1.0 introduces a robust, fully dynamic architecture that adapts to market conditions and

Magic Number Scorecard - win rate, profit factor and drawdown per EA : Running several EAs on one account? This script groups the closed trades by magic number and shows the score of each EA: win rate, profit factor, net profit and drawdown. Read-only, writes a CSV file. Author: Muhammad Muqeem

Check out the new article: Machine Learning Under Constraint (Part 3): De-Risking Near the Profit Target and the News-Window Rule . Position sizing that ignores proximity to a profit target or the timing of high-impact news exposes banked progress to reversal risk and misstates simulated profit near

Multi-TF Data Grabber Lite — Free Clean CSV Export (M1/M15/H1 + Indicators) : Free script exporting clean, deterministic OHLC + tick volume + 4 indicators (MA, RSI, MACD, ATR) for M1/M15/H1 to CSV. Closed bars only, zero lookahead — ideal for analysis and ML datasets. Author: Abdelhakim Kouachi

Check out the new article: Beyond the Mean and Standard Deviation: A Robust Statistics Library for MQL5 Indicators . Price outliers distort indicators based on the mean and standard deviation. This article delivers a robust MQL5 library (RobustStats.mqh) implementing the median, 1.4826-scaled MAD

Check out the new article: Nonlinear OHLC Features Derived from Elliptic Curves . The article discusses the projection of EURUSD daily candlesticks onto the secp256k1 elliptic curve and the extraction of 96 features (EC+TA) to predict the direction of the next candlestick in CatBoost. The price

Check out the new article: Try/Catch style in MQL5: Bringing Modern Error Management to Algorithmic Trading . This article presents an exception-like model for MQL5 that prevents VM faults through defensive guards and cooperative TRY/CATCH/FINALLY macros. It introduces structured error objects

Basket Break-Even Lines - buy, sell and net break-even with target price : Several buys and sells open on one symbol? The indicator draws where all buys, all sells and the whole basket break even, and the price for a profit target. Planned entries can be added to see the break-even before you trade

Check out the new article: Agent Based Market Simulation: Growing a Market From Rules, and Using It to Catch an Overfitted Strategy . A compact MetaTrader 5 library builds a synthetic market from agents: a minority game, a zero‑intelligence double auction, a stylized‑facts analyzer, and a parameter

Telegram Trade Notifier - opens, closes, pending orders and daily summary : Sends every opened and closed position, pending orders and a daily account summary to your Telegram chat. It never trades on your account. Author: Muhammad Muqeem Korejo

Smart Money Concept Expert Advisor - Market Strucutre, FVG, Pullback : This Expert Advisor trades fair value gaps in the direction of market structure, the way Smart Money Concepts describes it. It is the third step of a series that has been built one piece at a time: In previous shared codes, the

Check out the new article: Adaptive Trade Management in MQL5: Building a Broker-Aware, Deterministic, and Explainable Exit Engine . This article presents an MQL5 trade-management engine that converts exit rules into proposal generators. A policy engine ranks all proposals by a configurable reason

Check out the new article: The MQL5 Standard Library Explorer (Part 17): Building a Reusable Portfolio Manager with CArrayObj . We present a multi‑symbol EA structure that moves symbol‑specific state into independently initialized CStrategyNode objects and manages them with CPortfolioManager. Using

Check out the new article: Online False Discovery Rate Control: Putting an Error Budget on a Live Signal Stream . The article addresses online false discovery rate control for streaming signals, where fixed thresholds inflate noise discoveries. We port LORD3, LORD++ and SAFFRON into MQL5, construct

Check out the new article: Neural Networks in Trading: A Spiking-Semantic Approach to Spatiotemporal Identification (Key Components) . In this article, we took a detailed look at the integration of the SSAM module into the SEW-ResNeXt block, demonstrating how the S3CE-Net framework enables the

Check out the new article: Building a Prop Firm Compliance Monitor in MQL5 (Part 2): Daily Sessions and Restart-Safe Starting Balances . Establishes persistent daily-session management for Prop Firm Guard in MetaTrader 5. The EA derives the session identity from the trading-server date, account

Check out the new article: Building Your Personal Expert Advisor (Part 7): Risk Management VI (Final)—Consolidating the Risk Framework . The article consolidates trade, basket, and account risk into a modular framework for MQL5 EAs. Risk logic moves into reusable classes and shared types, leaving