Articles, Library comments - page 8

Easy Range Breakout EA - MT5 : This EA implements a range breakout trading strategy. It calculates a price range between start and end times defined by the user, draws a visual rectangle on the chart to mark the high and low of that range, and then monitors price action after the range closes. If

Report by Magic and currency MT5 indicator for account PNL and trade statistics exported to CSV : Exports comprehensive trading statistics to a CSV file. Author: Marco

Check out the new article: Stress Testing Trade Sequences with Monte Carlo in MQL5 . A backtest shows only one path among many possible outcomes. This MQL5 script performs 1000 bootstrap Monte Carlo resamples of a trade P&L series, draws a percentile fan chart on the chart via CCanvas, and reports

Swap Fee Monitor Panel : Real-time swap & rollover monitor panel for all MarketWatch symbols. Displays long/short swap rates, daily and weekly costs per lot with color-coded values. Author: Kayode Michael Oyetunde

Check out the new article: Algorithmic Trading Without the Routine: Quick Trade Analysis in MetaTrader 5 with SQLite . The article presents a minimal working set for maintaining a trading journal in MQL5 using SQLite: a table structure for trades, signals, and events, indices, prepared statements

HTF_Reversal_Divergences : A multi_timeframe indicator which features RSI divergence. + Buy/Sell signals Inspired from trading view. Author: Hammad Dilber

Chart Water Mark : Chart Water Mark Transform your MetaTrader 5 charts to look as elegant and professional as TradingView. Author: Robby Suhendrawan

Check out the new article: Python + MetaTrader 5: Fast Research Framework for Data, Features, and Prototypes . The article demonstrates how Python and MetaTrader 5 integration combines research flexibility and trade execution into a single workflow. Python is used for data analysis, feature

Correlation Matrix Heatmap with Interactive Dashboard : Interactive Correlation Heatmap using high-performance MQL5 matrix functions. > Features a draggable, minimizable dashboard with instant multi-timeframe switching and a vivid 5-band color scale for real-time currency relationship analysis

Check out the new article: Integrating Hidden Markov Models in MetaTrader 5 . In this article we demonstrate how Hidden Markov Models trained using Python can be integrated into MetaTrader 5 applications. Hidden Markov Models are a powerful statistical tool used for modeling time series data, where

Weekend Gap Statistics and Distribution Analyzer : The Weekend Gap Statistics & Distribution Analyzer is a purely analytical MQL5 indicator designed to evaluate the historical behavior of weekend price gaps. It scans chart data to calculate gap closure rates and measures the adverse excursion

Check out the new article: CFTC Data Mining in Python and Building an AI Model . Let's try mining CFTC data, downloading COT and TFF reports via Python, connecting all this with MetaTrader 5 quotes and an AI model, and get forecasts. What are COT reports in the Forex market? How to use COT and TFF

MTF Confluence Board : A multi-timeframe analysis panel that evaluates four classic signal engines — Stochastic, fast vs slow RSI, fast CCI and slow CCI — across nine timeframes from M1 to MN1. Each engine returns BUY, SELL or WAIT, and the panel sums them into a per-timeframe verdict. Optional

Price prediction by Nearest Neighbor found by a weighted correlation coefficient : The main disadvantage of the classical Nearest Neighbor algorithm (see an examplary implementation in https://www.mql5.com/en/code/133 ) is that all prices within a pattern are treated equally. In other words, it

Forex Calculators : Margin Calculator, Point Value Calculator, Profit Calculator and Swap Calculator. Author: amrali

Machine Learning Supertrend : A machine-learning inspired approach towards trending regimes. Providing accurate signals and backtest confidence built-in Author: Hammad Dilber

Check out the new article: Recurrence Quantification Analysis (RQA) in MQL5: Building a Complete Analysis Library . This article builds a complete Recurrence Quantification Analysis (RQA) toolkit for MetaTrader 5 in pure MQL5. We cover phase-space reconstruction, time-delay embedding, distance and

Check out the new article: How to connect AI agents to MetaTrader 5 via MCP . This article shows how to connect AI agents directly to MetaTrader 5 by building a complete MCP (Model Context Protocol) server in Python. It details the architecture, MetaTrader 5 client wrapper, market data and order

Draw on Liquidity DOL Mapper MT4 - ICT Targets : Maps all Draw on Liquidity targets: previous day/week/month highs-lows, equal levels, untested FVGs. Shows WHERE price is heading next. Author: Kestutis Balciunas

BEC Lockin Dashboard Manager : BEC Trade Manager helps you manage active positions on the current symbol using one-click controls for breakeven, trailing logic, partial close, stop-loss removal, profit-side closing, loss-side closing, and fast scalp entries. It also displays key account and symbol

Check out the new article: CAPM Model Indicator for the Forex Market . Adaptation of the classical CAPM model for the Forex currency market in MQL5. The indicator calculates expected return and risk premium based on historical volatility. The indicators rise at peaks and bottoms, reflecting the

Check out the new article: Mining Central Bank Balance Sheet Data to Get a Picture of Global Liquidity . Mining central bank balance sheet data provides a picture of global liquidity in the Forex market and key currencies. We combine data from the Fed, ECB, BOJ and PBoC into a composite index and

Check out the new article: MQL5 Wizard Techniques you should know (Part 87): Volatility-Scaled Money Management with Monotonic Queue in MQL5 . This article presents a custom MQL5 money management class that adapts position sizing to real-time volatility using a monotonic queue for O(N)

Check out the new article: Forex Arbitrage Trading: A Matrix Trading System for Return to Fair Value with Risk Control . The article contains a detailed description of the cross-rate calculation algorithm, a visualization of the imbalance matrix, and recommendations for optimally setting the

Check out the new article: Developing a Multi-Currency Advisor (Part 27): Component for Displaying Multi-Line Text . If there is a need to display text on a chart, we can use the Comment() function. But its capabilities are quite limited. Therefore, in this article, we will create our own component

Check out the new article: Price Action Analysis Toolkit Development (Part 67): Automating Support and Resistance Monitoring in MQL5 . This article implements a complete MQL5 Expert Advisor that monitors manually drawn support and resistance levels in real time. It synchronizes horizontal lines

Check out the new article: MQL5 Trading Tools (Part 29): Step-by-Step Butterfly Animation on Canvas . In this article, we expand our butterfly animation program with a four-stage animation pipeline: sequential curve drawing, smooth wing fill fading, detailed body rendering, and continuous flight. We

Check out the new article: Developing Trading Strategy: Pseudo Pearson Correlation Approach . Generating new indicators from existing ones offers a powerful way to enhance trading analysis. By defining a mathematical function that integrates the outputs of existing indicators, traders can create

New article MetaTrader 5 on Linux is published: In this article, we demonstrate an easy way to install MetaTrader 5 on popular Linux versions — Ubuntu and Debian. These systems are widely used on server hardware as well as on traders’ personal computers. Author: MetaQuotes

Shved Supply and Demand : This is MQL5 version of Shved Supply and Demand written by Shved and upgraded by eevviill7. Author: Behzad Movaghar