Articles
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
Price Action Analysis Toolkit Development (Part 57): Developing a Market State Classification Module in MQL5 for MetaTrader 5
This article develops a market state classification module for MQL5 that interprets price behavior using completed price data. By examining volatility contraction, expansion, and structural consistency, the tool classifies market conditions as compression, transition, expansion, or trend, providing
Price Action Analysis Toolkit Development (Part 56): Reading Session Acceptance and Rejection with CPI for MetaTrader 5
This article presents a session-based analytical framework that combines time-defined market sessions with the Candle Pressure Index (CPI) to classify acceptance and rejection behavior at session boundaries using closed-candle data and clearly defined rules
Price Action Analysis Toolkit (Part 55): Designing a CPI Mini-Candle Overlay for Intra-bar Pressure for MetaTrader 5
This article presents the design and MetaTrader 5 implementation of the Candle Pressure Index (CPI)—a CLV-based overlay that visualizes intra-Bar buying and selling pressure directly on price charts. The discussion focuses on candle structure, pressure classification, visualization mechanics, and a
Price Action Analysis Toolkit Development (Part 54): Filtering Trends with EMA and Smoothed Price Action for MetaTrader 5
This article explores a method that combines Heikin‑Ashi smoothing with EMA20 High and Low boundaries and an EMA50 trend filter to improve trade clarity and timing. It demonstrates how these tools can help traders identify genuine momentum, filter out noise, and better navigate volatile or trending
Price Action Analysis Toolkit Development (Part 53): Pattern Density Heatmap for Support and Resistance Zone Discovery for MetaTrader 5
This article introduces the Pattern Density Heatmap, a price‑action mapping tool that transforms repeated candlestick pattern detections into statistically significant support and resistance zones. Rather than treating each signal in isolation, the EA aggregates detections into fixed price bins
Price Action Analysis Toolkit Development (Part 52): Master Market Structure with Multi-Timeframe Visual Analysis for MetaTrader 5
This article presents the Multi‑Timeframe Visual Analyzer, an MQL5 Expert Advisor that reconstructs and overlays higher‑timeframe candles directly onto your active chart. It explains the implementation, key inputs, and practical outcomes, supported by an animated demo and chart examples showing
Price Action Analysis Toolkit Development (Part 51): Revolutionary Chart Search Technology for Candlestick Pattern Discovery for MetaTrader 5
This article is intended for algorithmic traders, quantitative analysts, and MQL5 developers interested in enhancing their understanding of candlestick pattern recognition through practical implementation. It provides an in‑depth exploration of the CandlePatternSearch.mq5 Expert Advisor—a complete
Price Action Analysis Toolkit Development (Part 50): Developing the RVGI, CCI and SMA Confluence Engine in MQL5 for MetaTrader 5
Many traders struggle to identify genuine reversals. This article presents an EA that combines RVGI, CCI (±100), and an SMA trend filter to produce a single clear reversal signal. The EA includes an on-chart panel, configurable alerts, and the full source file for immediate download and testing