Articles, Library comments - page 9

New article Orders, Positions, and Deals in MetaTrader 5 is published: Creating a robust trading robot cannot be done without an understanding of the mechanisms of the MetaTrader 5 trading system. The client terminal receives the information about the positions, orders, and deals from the trading

EMA_RSI_RISK-EA : Expert Advisor for MetaTrader 5 that combines Exponential Moving Averages (EMA) and Relative Strength Index (RSI) to generate trading signals. Includes risk management features and trading time filter. Author: solyemam

Grid assistant: The Expert Advisor is designed for placing managing grids. Author: Vladimir Khlystov

Check out the new article: Neural Networks in Trading: Parameter-Efficient Transformer with Segmented Attention (Final Part) . In the previous work, we discussed the theoretical aspects of the PSformer framework, which includes two major innovations in the classical Transformer architecture: the

New article A Library for Constructing a Chart via Google Chart API is published: The construction of various types of diagrams is an essential part of the analyses of the market situation and the testing of a trading system. Frequently, in order to construct a nice looking diagram, it is necessary

Check out the new article: Developing Advanced ICT Trading Systems: Implementing Signals in the Order Blocks Indicator . In this article, you will learn how to develop an Order Blocks indicator based on order book volume (market depth) and optimize it using buffers to improve accuracy. This

Check out the new article: Example of Auto Optimized Take Profits and Indicator Parameters with SMA and EMA . This article presents a sophisticated Expert Advisor for forex trading, combining machine learning with technical analysis. It focuses on trading Apple stock, featuring adaptive

Check out the new article: Elevate Your Trading With Smart Money Concepts (SMC): OB, BOS, and FVG . Elevate your trading with Smart Money Concepts (SMC) by combining Order Blocks (OB), Break of Structure (BOS), and Fair Value Gaps (FVG) into one powerful EA. Choose automatic strategy execution or

Pinbar Detector : This MQL5 indicator identifies Upward (Bullish) and Downward (Bearish) Pinbars, displayed with customizable arrows (lime for upward, red for downward). It allows fine-tuning of detection parameters like tail body ratio and protrusion. Pop-up and push notification alerts signal new

boom index spike pattern : This MetaTrader 5 (MT5) custom indicator, boomSpikeBoxMitigationFinal.mq5, detects a specific bullish spike pattern on the chart and marks entry zones using rectangles and horizontal lines. Once the price returns to ("mitigates") the entry level, the entry line is

Code To Check And Delete Chart Objects For MT5 : - The script scans through the current chart for any available chart objects, - Counts and delete them accordingly - And log the the names of the objects on the chart respectively. Author: Chika Echezona Anumba

Check out the new article: Automating Trading Strategies in MQL5 (Part 36): Supply and Demand Trading with Retest and Impulse Model . In this article, we create a supply and demand trading system in MQL5 that identifies supply and demand zones through consolidation ranges, validates them with

Engulfing Indicator : This is an indicator that helps identify Engulfing candle patterns. Author: Minh Hieu Hoang

New article Developing a trading Expert Advisor from scratch has been published: In this article, we will discuss how to develop a trading robot with minimum programming. Of course, MetaTrader 5 provides a high level of control over trading positions. However, using only the manual ability to place

Check out the new article: Price Action Analysis Toolkit Development (Part 43): Candlestick Probability and Breakouts . Enhance your market analysis with the MQL5-native Candlestick Probability EA, a lightweight tool that transforms raw price bars into real-time, instrument-specific probability

Check out the new article: Implementing a Bollinger Bands Trading Strategy with MQL5: A Step-by-Step Guide . A step-by-step guide to implementing an automated trading algorithm in MQL5 based on the Bollinger Bands trading strategy. A detailed tutorial based on creating an Expert Advisor that can be

Check out the new article: Building AI-Powered Trading Systems in MQL5 (Part 3): Upgrading to a Scrollable Single Chat-Oriented UI . In this article, we upgrade the ChatGPT-integrated program in MQL5 to a scrollable single chat-oriented UI, enhancing conversation history display with timestamps and

Logify - Library for log management : Logify is a logging library for MQL designed to simplify debugging, tracking, and monitoring of EAs and indicators. It provides structured, customizable, and organized logs directly on the chart or in the terminal, with support for log levels, flexible formats

Check out the new article: DoEasy. Service functions (Part 2): Inside Bar pattern . In this article, we will continue to look at price patterns in the DoEasy library. We will also create the Inside Bar pattern class of the Price Action formations. We continue to develop patterns formed based on

Check out the new article: Building a Professional Trading System with Heikin Ashi (Part 2): Developing an EA . This article explains how to develop a professional Heikin Ashi-based Expert Advisor (EA) in MQL5. You will learn how to set up input parameters, enumerations, indicators, global

Check out the new article: Reimagining Classic Strategies (Part 16): Double Bollinger Band Breakouts . This article walks the reader through a reimagined version of the classical Bollinger Band breakout strategy. It identifies key weaknesses in the original approach, such as its well-known

Check out the new article: Visual assessment and adjustment of trading in MetaTrader 5 . The strategy tester allows you to do more than just optimize your trading robot's parameters. I will show how to evaluate your account's trading history post-factum and make adjustments to your trading in the

Check out the new article: Automating Trading Strategies in MQL5 (Part 34): Trendline Breakout System with R-Squared Goodness of Fit . In this article, we develop a Trendline Breakout System in MQL5 that identifies support and resistance trendlines using swing points, validated by R-squared goodness

Volatility Step Channel : A channel which calculates local highs and local lows with volatility-adjusted lines Author: Conor Mcnamara

CrossFire Alert - Fast alerts. Smarter entries. : It’s a powerful moving average crossover indicator that instantly notifies you when two MAs cross, so you never miss a signal. Author: Ajinkya Pradip

RSI Alert - Multi Timeframe Overbought/Oversold Detector : A simple yet effective RSI indicator that monitors overbought and oversold conditions on any symbol and timeframe. Sends instant alerts via pop-up and mobile notifications when RSI crosses your defined thresholds. Author: Duy Van Nguy

Check out the new article: Automating Trading Strategies in MQL5 (Part 35): Creating a Breaker Block Trading System . In this article, we create a Breaker Block Trading System in MQL5 that identifies consolidation ranges, detects breakouts, and validates breaker blocks with swing points to trade

Check out the new article: Connexus Observer (Part 8): Adding a Request Observer . In this final installment of our Connexus library series, we explored the implementation of the Observer pattern, as well as essential refactorings to file paths and method names. This series covered the entire

Fair Value Gaps : Fair Value Gaps indicator or 'imbalance areas' where markets often move back to. Author: maximo

Check out the new article: Master MQL5 from Beginner to Pro (Part VI): Basics of Developing Expert Advisors . This article continues the series for beginners. Here we will discuss the basic principles of developing Expert Advisors (EAs). We will create two EAs: the first one will trade without