Articles

Price Action Analysis Toolkit Development (Part 64): Synchronizing Manually Drawn Trendlines with Automated Monitoring for MetaTrader 5

Monitoring manually drawn trendlines requires constant chart observation, which can cause important price interactions to be missed. This article develops a trendline monitoring Expert Advisor that synchronizes manually drawn trendlines with automated monitoring logic in MQL5, generating alerts when

Engineering Trading Discipline into Code (Part 3): Enforcing Symbol-Level Trading Boundaries with a Whitelist System in MQL5 for MetaTrader 5

This article details an MQL5 framework that restricts trading to an approved set of symbols. The solution combines a shared library, a configuration dashboard, and an enforcement Expert Advisor that validates each trade against a whitelist and logs blocked attempts. It includes fully functional code

Engineering Trading Discipline into Code (Part 2): Building a Daily Trade Limit Enforcer for All Trades in MQL5 for MetaTrader 5

We have developed a system that enforces a daily trade limit to keep you aligned with your trading rules. It monitors all executed trades across the account and automatically intervenes once the defined limit is reached, preventing any further activity. By embedding control directly into the

Price Action Analysis Toolkit Development (Part 63): Automating Rising and Falling Wedge Detection in MQL5 for MetaTrader 5

In this part of the Price Action Analysis Toolkit Development series, we develop an MQL5 indicator that automatically detects rising and falling wedge patterns in real time. The system confirms pivot structures, validates boundary convergence mathematically, prevents overlapping formations, and

Price Action Analysis Toolkit Development (Part 62): Building an Adaptive Parallel Channel Detection and Breakout System in MQL5 for MetaTrader 5

This article presents an adaptive parallel channel detection and breakout system in MQL5. It explains how swing points are identified, channels are constructed and dynamically recalculated, and breakouts are confirmed and visualized with persistent signals. The framework integrates trendline

Engineering Trading Discipline into Code (Part 1): Creating Structural Discipline in Live Trading with MQL5 for MetaTrader 5

Discipline becomes reliable when it is produced by system design, not willpower. Using MQL5, the article implements real-time constraints—trade-frequency caps and daily equity-based stops—that monitor behavior and trigger actions on breach. Readers gain a practical template for governance layers

Price Action Analysis Toolkit Development (Part 61): Structural Slanted Trendline Breakouts with 3-Swing Validation for MetaTrader 5

We present a slanted trendline breakout tool that relies on three‑swing validation to generate objective, price‑action signals. The system automates swing detection, trendline construction, and breakout confirmation using crossing logic to reduce noise and standardize execution. The article explains

Price Action Analysis Toolkit Development (Part 60): Objective Swing-Based Trendlines for Structural Analysis for MetaTrader 5

We present a rule-based approach to trendlines that avoids indicator pivots and uses ordered swings derived from raw prices. The article walks through swing detection, size qualification via ATR or fixed thresholds, and validation of ascending and descending structures, then implements these rules

Price Action Analysis Toolkit Development (Part 59): Using Geometric Asymmetry to Identify Precision Breakouts from Fractal Consolidation for MetaTrader 5

While studying a wide range of breakout setups, I noticed that failed breakouts were rarely caused by a lack of volatility, but more often by weak internal structure. That observation led to the framework presented in this article. The approach identifies patterns where the final price leg shows

Price Action Analysis Toolkit Development (Part 58): Range Contraction Analysis and Maturity Classification Module for MetaTrader 5

Building on the previous article that introduced the market state classification module, this installment focuses on implementing the core logic for identifying and evaluating compression zones. It presents a range contraction detection and maturity grading system in MQL5 that analyzes market