Alain Verleyen
Alain Verleyen
4.9 (253)
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13+ years
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11
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78
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302
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Visit our all-new Stein Investments Welcome Page to get the latest information, updates and trading strategies at https://www.mql5.com/en/blogs/post/755375

Follow our daily analysis channel at https://www.mql5.com/en/channels/morningbriefing

Our portfolio on the Market at https://www.mql5.com/en/users/angevoyageur/seller and https://www.mql5.com/en/users/blueball/seller

If there are questions, just contact us and we'll be happy to help.

All the best and happy trading
Alain

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Please note I don't take freelance jobs any more, definitely. Thanks for your understandings.
Rodrigo Arana Garcia
Rodrigo Arana Garcia Published product

Heatmap Volume shows you at a glance when volume is truly unusual. Every volume bar is colored according to how many standard deviations it sits away from its moving average, from Low to Extra High , and the same color is painted on the candles of the main chart. Bursts of participation, climaxes and quiet phases become visible directly on price, with no numbers to read. How it works The indicator calculates the moving average and the standard deviation of volume (610 bars by default) and

Zahid Hussain
Zahid Hussain
The 2% Rule Is Not Enough: What Real Gold Risk Management Looks Like

Every beginner learns the same rule: never risk more than 2% per trade. It sounds safe. On gold, it is not enough — because a percentage is not a plan.

Here is what the rule misses.

First, gold moves fast. A 2% risk with a tight stop means a small position; the same 2% with a wide stop means a much bigger one. If you size from the percentage alone and ignore the distance to your stop, you are guessing your exposure on every trade.

Second, percentages hide losing streaks. Lose five trades at 2% and you are down roughly 10% — and most traders then do the worst thing possible: they increase size to win it back. Real risk management sets a daily loss limit in advance, not just a per-trade one. When the daily limit is hit, the session is over. No "one more trade to recover."

Third, gold does not trade alone. If you hold two gold positions at once, or gold plus a correlated pair, you are not risking 2% — you are risking 4% on the same idea. Count total exposure across open trades, not per trade.

A workable version of the rule looks like this: decide your dollar risk before you open the chart, size the position from the actual stop distance, cap total open risk, and cap the day. Write all four numbers down before you trade, not after a loss.

The traders who survive gold are rarely the ones with the best entries. They are the ones whose worst day never ends their account.
Conor Mcnamara
Conor Mcnamara
Published code ADX Auto Range
Range boxes that are drawn when market trend strength weakens
Osama Echchakery
Osama Echchakery Published product

Bearish Abandoned Baby ProLab MT5 A flexible MetaTrader 5 Expert Advisor built around the Bearish Abandoned Baby candlestick pattern. Build your own rules instead of using one fixed strategy. Pattern control: tune candle range, body, wicks, ratios, direction, tolerance and confirmation bars. Signals use a completed candle and can be restricted to a new candle. Optional filters: Spread Filter, two Moving Average filters, RSI, Parabolic SAR, Stochastic, MACD and ADX. Each filter has its own

Stephen Gathumbi Ndiba
Stephen Gathumbi Ndiba
Added topic A debugger has been found running in your system linux error
I have been running MT5 on my Kali Linux system for a while and recently purchased a cheap computer. Naturally, as I develop EAs, my aim was to run the new computer more or less as a server to live test them on a demo account (so please don't suggest
Rahman Pavaleh
Rahman Pavaleh
Customize Your MT5 Trading Workspace with Multi Risk Manager Pro: Themes, Languages, Hotkeys and Alerts A trading platform should provide more than order execution. It should also offer a workspace that is comfortable, organized, and practical for daily use...
Jurijs Gulkevics
Jurijs Gulkevics Published product

Spider Dual Grid EA is a professional, high-end fully automated trading system engineered specifically for MetaTrader 4. The algorithm executes a sophisticated, non-martingale Dual-Direction Grid Strategy designed to maximize profitability during market consolidation phases, tight ranges, and high-volatility sideways channels. Unlike traditional one-way grid systems that suffer during market turns, Spider Dual Grid EA maintains mathematical symmetry, capturing micro-oscillations in both

Zahid Hussain
Zahid Hussain
The Sweep Before the Move: Why Gold Takes Your Stop First

Gold has a habit that frustrates new traders more than any other: price runs to exactly where the obvious stops sit, takes them out, and then moves in the direction everyone expected in the first place. It feels personal. It is not. It is liquidity.

Think about where most traders place stops. Just below a clear swing low before a long, or just above a clear swing high before a short. Everyone can see the same levels, so stops pile up in the same places. Big participants need opposing orders to fill large positions, and those clusters of stops are the easiest source of them. A quick push past the level triggers the stops, fills the orders, and then price is free to reverse.

This is why the first break of a level is often the worst entry. The traders who bought the breakout above a high are buying from the same people who just got filled selling into their stops. Chasing that first push means entering right where the smart money finished its business.

How to handle it in practice:
1. Treat a sweep as information, not as a signal by itself. A wick through a level that closes back inside the range tells you the level was defended, not that the trend changed.
2. Wait for the close. A level is only truly broken when price closes beyond it and stays there. A wick that fails is the market telling you who is in control.
3. Never place a stop exactly on the obvious line. If everyone can see it, assume it will be tested. A little breathing room past the level, or a smaller position, beats a stop that gets collected by routine noise.
4. If you get swept out, do not re-enter in anger. The loss came from the location of the stop, not from your read on direction. Review the chart, note where the liquidity sat, and wait for the next clean setup.

The uncomfortable truth is that the market does not hunt your stop specifically — it hunts everyone's stop, because that is where the orders are. Traders who understand this stop fearing the sweep and start reading it. The sweep is not the end of the move. Very often, it is the beginning.
Mauricio Vellasquez
Mauricio Vellasquez
Running more Expert Advisors does not automatically create diversification. Five robots can produce five different labels while taking the same underlying bet. Real diversification begins when strategies respond differently to the same market event...
Zahid Hussain
Zahid Hussain
Support Turned Resistance: The Flip Every Gold Trader Must Respect

When a support level breaks on gold, most traders cross it off their chart. That is a mistake. A broken support level does not disappear — it changes sides, and it often becomes the best resistance level on the chart.

Why it works is simple. Traders who bought at that support are now trapped in losing positions. When price climbs back to their entry, many of them sell just to get out even. That wave of selling is what turns old support into new resistance.

How to use it properly:
1. Mark the level only after a clean break and a close below it — a wick through the level is not a break.
2. Wait for price to come back and test the level from below. Patience here is the whole trade.
3. Look for rejection at the retest: a long upper wick, a bearish engulfing candle, or a stall on the lower timeframe.
4. The invalidation is clear: if price closes back above the flipped level, the idea is dead. No hoping, no averaging down.

The common mistake is shorting the first break itself, chasing price down after the move already happened. The break is the news; the retest is the opportunity. Traders who wait for the retest get a tighter stop, a cleaner entry, and a reason to be wrong that they can actually see.

Support and resistance are not lines on a chart. They are places where real traders made real decisions — and where many of them are still waiting to undo those decisions.
Rahman Pavaleh
Rahman Pavaleh
Trade History, Performance Reports and Strategy Journaling in Multi Risk Manager Pro Successful trading requires more than opening and closing positions...
Osama Echchakery
Osama Echchakery Published product

Bullish Engulfing ProLab MT5 Build your own trading workflow around the Bullish Engulfing candlestick pattern. Bullish Engulfing ProLab MT5 is a configurable Expert Advisor for MetaTrader 5 designed to detect Bullish Engulfing formations on a new completed candle and give you full control over how the signal is filtered, managed, and executed. This is a flexible pattern framework—not a fixed strategy. You can use the Bullish Engulfing signal with the default settings or build your own trading

Conor Mcnamara
Conor Mcnamara
Published code Extreme Price Filter
An indicator to reveal the the time candles breached an extreme price boundary
Artem Marukhov
Artem Marukhov
AI Algo Gold hits a new all-time high in terms of returns. We’ll keep watching. We made it through this week without any stop-losses, which is great!

ttps://www.mql5.com/en/market/product/193863?source=Site+Market+MT5+Expert+Search+Rating006%3A+AI+algo
Jackson Isaac Mahendra
Jackson Isaac Mahendra
Discover a different approach to automated gold trading. Three Symbols. One Balanced Strategy . Triangle XAU is an Expert Advisor built around the interconnected relationship between three instruments : XAUUSD, XAUEUR, and EURUSD...
Jackson Isaac Mahendra
Jackson Isaac Mahendra Published product

Triangular Arbitrage XAU USD EUR . Discover a different approach to automated gold trading. Three Symbols. One Balanced Strategy . Triangle XAU is an Expert Advisor built around the interconnected relationship between three instruments : XAUUSD, XAUEUR, and EURUSD. Rather than treating each symbol as an isolated market, Triangle XAU brings these three instruments together in a coordinated trading framework designed to work with their combined market relationships . Why These Three Symbols? Why

Andres Felipe Carvajal Rodriguez
Andres Felipe Carvajal Rodriguez Published product

Discover which days and hours historically experience higher or lower market movement. Volatility Heatmap transforms historical price data into a visual heatmap that helps you quickly identify when an instrument tends to move more or less. Analyze weekly patterns and gain additional insight into relative market activity to help plan your trading sessions. Compatible with Forex, metals, indices, and cryptocurrencies. How Is Volatility Calculated? The indicator calculates the range of each closed

Conor Mcnamara
Conor Mcnamara
bear flag breakouts on eurusd