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Build a practical MetaTrader 5 “Sigma Score” indicator from scratch and learn what it really measures: The z-score of log returns (how many standard deviations the latest move is from the recent average). The article walks through every code block in OnInit(), OnCalculate(), and OnDeinit(), then shows how to interpret thresholds (e.g., ±2) and apply the Sigma Score as a simple “market stress meter” for mean-reversion and momentum trading.
🚨ATTENTION🚨 This is NOT a normal Grid / Martingale EA. Here are the setfiles: https://mega.nz/folder/fQF0hbRR#oIvhJcOVZXGRZMLYHr9_vw ApexVol Grid EA is a fully automated trading algorithm for MetaTrader 5. It is built on a volatility-filtered grid trading system and operates using dynamic moving average channels. The EA is designed to detect optimal entry zones during stable market conditions and execute trades in both directions based on predefined grid levels. The first 5 copies are
The Candle Smoother is an indicator for MetaTrader 5 that helps you see price movements more calmly and clearly. It removes unnecessary "market noise" and displays the true trend more effectively. What does the "Candle Smoother Indicator" do? It smooths the classic candlestick data (Open, High, Low, Close). This filters out chaotic, hectic candles. Additionally, an EMA line (Exponential Moving Average) is calculated based on the smoothed prices. This helps you better recognize where the market
The Bayesian Trend Indicator colors each candle according to a Bayesian‐inference of trend direction. It computes “prior” trend strength from four standard moving averages (EMA, SMA, DEMA, VWMA) of your chosen length, then computes a “likelihood” from faster versions of those same MAs (shortened by a “gap”). It combines them to produce a posterior probability of an uptrend. Candles are colored: Green when posterior indicates a strong uptrend. Red when posterior indicates a strong downtrend. Blue
Let us introduce the Heikin Ashi RSI Oscillator! This indicator combines the concepts of Heikin Ashi candles with the RSI (Relative Strength Index) to produce an oscillator-like format that can be used to filter out some of the noise associated with standard RSI readings. This provides traders with a smoother representation of market conditions. Here are some articles to read more about the RSI and Heikin Ashi candles: https://www.investopedia.com/terms/r/rsi.asp