The Stochastic Oscillator and the Fractal Adaptive Moving Average are another indicator pairing that could be used for their ability to compliment each other within an MQL5 Expert Advisor. We look at the Stochastic for its ability to pinpoint momentum shifts, while the FrAMA is used to provide confirmation of the prevailing trends. In exploring this indicator pairing, as always, we use the MQL5 wizard to build and test out their potential.
In this article, we explore a powerful MQL5 tool that let's you test any price level you desire with just one click. Simply enter your chosen level and press analyze, the EA instantly scans historical data, highlights every touch and breakout on the chart, and displays statistics in a clean, organized dashboard. You'll see exactly how often price respected or broke through your level, and whether it behaved more like support or resistance. Continue reading to explore the detailed procedure.
In this article, we will forecast future extreme volatility using binary classification. Besides, we will develop an extreme volatility forecast indicator using machine learning.
Layered memory approaches that mimic human cognitive processes enable the processing of complex financial data and adaptation to new signals, thereby improving the effectiveness of investment decisions in dynamic markets.
This is the first part of an article series presenting the implementation of bivariate copulae in MQL5. This article presents code implementing Gaussian and Student's t-copulae. It also delves into the fundamentals of statistical copulae and related topics. The code is based on the Arbitragelab Python package by Hudson and Thames.
In this series of articles, we look at the challenges faced by algorithmic traders when deploying machine-learning-powered trading strategies. Some challenges within our community remain unseen because they demand deeper technical understanding. Today’s discussion acts as a springboard toward examining the blind spots of cross-validation in machine learning. Although often treated as routine, this step can easily produce misleading or suboptimal results if handled carelessly. This article briefly revisits the essentials of time series cross-validation to prepare us for more in-depth insight into its hidden blind spots.
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 retests with defined risk parameters. The system visualizes order and breaker blocks with dynamic labels and arrows, supporting automated trading and trailing stops.
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 insights. It classifies Pinbars, Engulfing, and Doji patterns at bar close, uses ATR-aware filtering, and optional breakout confirmation. The EA calculates raw and volume-weighted follow-through percentages, helping you understand each pattern's typical outcome on specific symbols and timeframes. On-chart markers, a compact dashboard, and interactive toggles allow easy validation and focus. Export detailed CSV logs for offline testing. Use it to develop probability profiles, optimize strategies, and turn pattern recognition into a measurable edge.
In this article, we demonstrate an easy way to install MetaTrader 5 on popular Linux versions — Ubuntu and Debian. These systems are widely used on server hardware as well as on traders’ personal computers.
We'll continue developing the Simple Candles and Adwizard projects, while also describing the finer aspects of using the MQL5 Algo Forge version control system and repository.
This article explains how to detect and trade the 5-0 harmonic pattern in MQL5, validate it using Fibonacci levels, and display it on the chart.
In this discussion, we introduce a Higher-to-Lower Timeframe Synchronizer tool designed to solve the problem of analyzing market patterns that span across higher timeframe periods. The built-in period markers in MetaTrader 5 are often limited, rigid, and not easily customizable for non-standard timeframes. Our solution leverages the MQL5 language to develop an indicator that provides a dynamic and visual way to align higher timeframe structures within lower timeframe charts. This tool can be highly valuable for detailed market analysis. To learn more about its features and implementation, I invite you to join the discussion.
In this article, we explore how previously invalidated orderblocks can be reused as mitigation blocks within Smart Money Concepts (SMC). These zones reveal where institutional traders re-enter the market after a failed orderblock, providing high-probability areas for trade continuation in the dominant trend.
Often we have to take a step back and then move forward. In this article, we will show all the changes necessary to ensure that the Mouse and Chart Trade indicators do not break. As a bonus, we'll also cover other changes that have occurred in other header files that will be widely used in the future.
In this article, we will use real-life examples to illustrate posting various types of terminal programs in the MQL5 source code base.
This article introduces a VWMA crossover signal tool for MetaTrader 5, designed to help traders identify potential bullish and bearish reversals by combining price action with trading volume. The EA generates clear buy and sell signals directly on the chart, features an informative panel, and allows for full user customization, making it a practical addition to your trading strategy.
