MQL4 and MQL5 Programming Articles

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Study the MQL5 language for programming trading strategies in numerous published articles mostly written by you - the community members. The articles are grouped into categories to help you quicker find answers to any questions related to programming: Integration, Tester, Trading Strategies, etc.

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How to create a custom indicator (Heiken Ashi) using MQL5

How to create a custom indicator (Heiken Ashi) using MQL5

In this article, we will learn how to create a custom indicator using MQL5 based on our preferences, to be used in MetaTrader 5 to help us read charts or to be used in automated Expert Advisors.
Graphics in DoEasy library (Part 89): Programming standard graphical objects. Basic functionality
Graphics in DoEasy library (Part 89): Programming standard graphical objects. Basic functionality

Graphics in DoEasy library (Part 89): Programming standard graphical objects. Basic functionality

Currently, the library is able to track standard graphical objects on the client terminal chart, including their removal and modification of some of their parameters. At the moment, it lacks the ability to create standard graphical objects from custom programs.
Other classes in DoEasy library (Part 70): Expanding functionality and auto updating the chart object collection
Other classes in DoEasy library (Part 70): Expanding functionality and auto updating the chart object collection

Other classes in DoEasy library (Part 70): Expanding functionality and auto updating the chart object collection

In this article, I will expand the functionality of chart objects and arrange navigation through charts, creation of screenshots, as well as saving and applying templates to charts. Also, I will implement auto update of the collection of chart objects, their windows and indicators within them.
How to Develop a Reliable and Safe Trade Robot in MQL 4
How to Develop a Reliable and Safe Trade Robot in MQL 4

How to Develop a Reliable and Safe Trade Robot in MQL 4

The article deals with the most common errors that occur in developing and using of an Expert Advisor. An exemplary safe automated trading system is described, as well.
Filtering Signals Based on Statistical Data of Price Correlation
Filtering Signals Based on Statistical Data of Price Correlation

Filtering Signals Based on Statistical Data of Price Correlation

Is there any correlation between the past price behavior and its future trends? Why does the price repeat today the character of its previous day movement? Can the statistics be used to forecast the price dynamics? There is an answer, and it is positive. If you have any doubt, then this article is for you. I'll tell how to create a working filter for a trading system in MQL5, revealing an interesting pattern in price changes.
Optimal approach to the development and analysis of trading systems
Optimal approach to the development and analysis of trading systems

Optimal approach to the development and analysis of trading systems

In this article, I will show the criteria to be used when selecting a system or a signal for investing your funds, as well as describe the optimal approach to the development of trading systems and highlight the importance of this matter in Forex trading.
Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Part II)
Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Part II)

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Part II)

In this article the author continues to analyze implementation algorithms of simplest trading systems and describes some relevant details of using optimization results. The article will be useful for beginning traders and EA writers.
MQL4 Language for Newbies. Difficult Questions in Simple Phrases.
MQL4 Language for Newbies. Difficult Questions in Simple Phrases.

MQL4 Language for Newbies. Difficult Questions in Simple Phrases.

This is the second article from the series "MQL4 Language for Newbies". Now we will examine more complex and advanced constructions of the language, learn new options and see, how they can be applied in everyday practice. You will get acquainted with a new cycle type 'while', new condition type 'switch', operators 'break' and 'continue'. Besides you will learn to write your own functions and work with multidimensional arrays. And for a dessert I have prepared an explanation about a preprocessor.
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Revisiting an Old Trend Trading Strategy: Two Stochastic oscillators, a MA and Fibonacci

Revisiting an Old Trend Trading Strategy: Two Stochastic oscillators, a MA and Fibonacci

Old trading strategies. This article presents one of the strategies used to follow the trend in a purely technical way. The strategy is purely technical and uses a few technical indicators and tools to deliver signals and targets. The components of the strategy are as follows: A 14-period stochastic oscillator. A 5-period stochastic oscillator. A 200-period moving average. A Fibonacci projection tool (for target setting).
Prices in DoEasy library (part 60): Series list of symbol tick data
Prices in DoEasy library (part 60): Series list of symbol tick data

Prices in DoEasy library (part 60): Series list of symbol tick data

In this article, I will create the list for storing tick data of a single symbol and check its creation and retrieval of required data in an EA. Tick data lists that are individual for each used symbol will further constitute a collection of tick data.
Graphical Interfaces XI: Rendered controls (build 14.2)
Graphical Interfaces XI: Rendered controls (build 14.2)

Graphical Interfaces XI: Rendered controls (build 14.2)

In the new version of the library, all controls will be drawn on separate graphical objects of the OBJ_BITMAP_LABEL type. We will also continue to describe the optimization of code: changes in the core classes of the library will be discussed.
Calculation of Integral Characteristics of Indicator Emissions
Calculation of Integral Characteristics of Indicator Emissions

Calculation of Integral Characteristics of Indicator Emissions

Indicator emissions are a little-studied area of market research. Primarily, this is due to the difficulty of analysis that is caused by the processing of very large arrays of time-varying data. Existing graphical analysis is too resource intensive and has therefore triggered the development of a parsimonious algorithm that uses time series of emissions. This article demonstrates how visual (intuitive image) analysis can be replaced with the study of integral characteristics of emissions. It can be of interest to both traders and developers of automated trading systems.
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Gradient boosting in transductive and active machine learning

Gradient boosting in transductive and active machine learning

In this article, we will consider active machine learning methods utilizing real data, as well discuss their pros and cons. Perhaps you will find these methods useful and will include them in your arsenal of machine learning models. Transduction was introduced by Vladimir Vapnik, who is the co-inventor of the Support-Vector Machine (SVM).
Graphics in DoEasy library (Part 80): "Geometric animation frame" object class
Graphics in DoEasy library (Part 80): "Geometric animation frame" object class

Graphics in DoEasy library (Part 80): "Geometric animation frame" object class

In this article, I will optimize the code of classes from the previous articles and create the geometric animation frame object class allowing us to draw regular polygons with a given number of vertices.
Library for easy and quick development of MetaTrader programs (part IX): Compatibility with MQL4 - Preparing data
Library for easy and quick development of MetaTrader programs (part IX): Compatibility with MQL4 - Preparing data

Library for easy and quick development of MetaTrader programs (part IX): Compatibility with MQL4 - Preparing data

In the previous articles, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. In the eighth part, we implemented the class for tracking order and position modification events. Here, we will improve the library by making it fully compatible with MQL4.
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Neural networks made easy (Part 13): Batch Normalization

Neural networks made easy (Part 13): Batch Normalization

In the previous article, we started considering methods aimed at improving neural network training quality. In this article, we will continue this topic and will consider another approach — batch data normalization.
MQL5 Programming Basics: Global Variables of the Terminal
MQL5 Programming Basics: Global Variables of the Terminal

MQL5 Programming Basics: Global Variables of the Terminal

This article highlights object-oriented capabilities of the MQL5 language for creating objects facilitating work with global variables of the terminal. As a practical example I consider a case when global variables are used as control points for implementation of program stages.
Jeremy Scott - Successful MQL5 Market Seller
Jeremy Scott - Successful MQL5 Market Seller

Jeremy Scott - Successful MQL5 Market Seller

Jeremy Scott who is better known under Johnnypasado nickname at MQL5.community became famous offering products in our MQL5 Market service. Jeremy has already made several thousands of dollars in the Market and that is not the limit. We decided to take a closer look at the future millionaire and receive some pieces of advice for MQL5 Market sellers.
Running MetaTrader 4 Client Terminal on Linux-Desktop
Running MetaTrader 4 Client Terminal on Linux-Desktop

Running MetaTrader 4 Client Terminal on Linux-Desktop

Description of a step-by-step Linux-desktop setup using a non-emulator wine for running MetaTrader 4 Client Terminal on it.
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Learn how to design a trading system by Gator Oscillator

Learn how to design a trading system by Gator Oscillator

A new article in our series about learning how to design a trading system based on popular technical indicators will be about the Gator Oscillator technical indicator and how to create a trading system through simple strategies.
Drawing Horizontal Break-Through Levels Using Fractals
Drawing Horizontal Break-Through Levels Using Fractals

Drawing Horizontal Break-Through Levels Using Fractals

The article describes creation of an indicator that would display the support/resistance levels using up/down fractals.
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Magic of time trading intervals with Frames Analyzer tool

Magic of time trading intervals with Frames Analyzer tool

What is Frames Analyzer? This is a plug-in module for any Expert Advisor for analyzing optimization frames during parameter optimization in the strategy tester, as well as outside the tester, by reading an MQD file or a database that is created immediately after parameter optimization. You will be able to share these optimization results with other users who have the Frames Analyzer tool to discuss the results together.
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Developing a Replay System — Market simulation (Part 03): Adjusting the settings (I)

Developing a Replay System — Market simulation (Part 03): Adjusting the settings (I)

Let's start by clarifying the current situation, because we didn't start in the best way. If we don't do it now, we'll be in trouble soon.
What Is a Martingale?
What Is a Martingale?

What Is a Martingale?

A short description of various illusions that come up when people trade using martingale betting strategies or misuse spiking and the like approaches.
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Population optimization algorithms: Particle swarm (PSO)

Population optimization algorithms: Particle swarm (PSO)

In this article, I will consider the popular Particle Swarm Optimization (PSO) algorithm. Previously, we discussed such important characteristics of optimization algorithms as convergence, convergence rate, stability, scalability, as well as developed a test stand and considered the simplest RNG algorithm.
Principles of Time Transformation in Intraday Trading
Principles of Time Transformation in Intraday Trading

Principles of Time Transformation in Intraday Trading

This article contains the concept of operation time that allows to receive more even price flow. It also contains the code of the changed moving average with an allowance for this time transformation.
A Library for Constructing a Chart via Google Chart API
A Library for Constructing a Chart via Google Chart API

A Library for Constructing a Chart via Google Chart API

The construction of various types of diagrams is an essential part of the analyses of the market situation and the testing of a trading system. Frequently, in order to construct a nice looking diagram, it is necessary to organize the data output into a file, after which it is used in applications such as MS Excel. This is not very convenient and deprives us of the ability to dynamically update the data. Google Charts API provided the means for creating charts in online modes, by sending a special request to the server. In this article we attempt to automate the process of creating such a request and obtaining a chart from the Google server.
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Data Science and Machine Learning (Part 04): Predicting Current Stock Market Crash

Data Science and Machine Learning (Part 04): Predicting Current Stock Market Crash

In this article I am going to attempt to use our logistic model to predict the stock market crash based upon the fundamentals of the US economy, the NETFLIX and APPLE are the stocks we are going to focus on, Using the previous market crashes of 2019 and 2020 let's see how our model will perform in the current dooms and glooms.
Library for easy and quick development of MetaTrader programs (part VI): Netting account events
Library for easy and quick development of MetaTrader programs (part VI): Netting account events

Library for easy and quick development of MetaTrader programs (part VI): Netting account events

In the previous articles, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. In the fifth part of the article series, we created trading event classes and the event collection, from which the events are sent to the base object of the Engine library and the control program chart. In this part, we will let the library to work on netting accounts.
Prices in DoEasy library (part 62): Updating tick series in real time, preparation for working with Depth of Market
Prices in DoEasy library (part 62): Updating tick series in real time, preparation for working with Depth of Market

Prices in DoEasy library (part 62): Updating tick series in real time, preparation for working with Depth of Market

In this article, I will implement updating tick data in real time and prepare the symbol object class for working with Depth of Market (DOM itself is to be implemented in the next article).
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Build Self Optmising Expert Advisors in MQL5

Build Self Optmising Expert Advisors in MQL5

Build expert advisors that look forward and adjust themselves to any market.
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Timeseries in DoEasy library (part 58): Timeseries of indicator buffer data

Timeseries in DoEasy library (part 58): Timeseries of indicator buffer data

In conclusion of the topic of working with timeseries organise storage, search and sort of data stored in indicator buffers which will allow to further perform the analysis based on values of the indicators to be created on the library basis in programs. The general concept of all collection classes of the library allows to easily find necessary data in the corresponding collection. Respectively, the same will be possible in the class created today.
Universal regression model for market price prediction (Part 2): Natural, technological and social transient functions
Universal regression model for market price prediction (Part 2): Natural, technological and social transient functions

Universal regression model for market price prediction (Part 2): Natural, technological and social transient functions

This article is a logical continuation of the previous one. It highlights the facts that confirm the conclusions made in the first article. These facts were revealed within ten years after its publication. They are centered around three detected dynamic transient functions describing the patterns in market price changes.
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Indicators with on-chart interactive controls

Indicators with on-chart interactive controls

The article offers a new perspective on indicator interfaces. I am going to focus on convenience. Having tried dozens of different trading strategies over the years, as well as having tested hundreds of different indicators, I have come to some conclusions I want to share with you in this article.
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Trader-friendly stop loss and take profit

Trader-friendly stop loss and take profit

Stop loss and take profit can have a significant impact on trading results. In this article, we will look at several ways to find optimal stop order values.
MetaEditor:Templates as a Spot to Stand On
MetaEditor:Templates as a Spot to Stand On

MetaEditor:Templates as a Spot to Stand On

It may be news to many our readers that all preparations for writing an EA can be performed once and then used continuously.
Lite_EXPERT2.mqh: Functional Kit for Developers of Expert Advisors
Lite_EXPERT2.mqh: Functional Kit for Developers of Expert Advisors

Lite_EXPERT2.mqh: Functional Kit for Developers of Expert Advisors

This article continues the series of articles "Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization". It familiarizes the readers with a more universal function library of the Lite_EXPERT2.mqh file.
Other classes in DoEasy library (Part 67): Chart object class
Other classes in DoEasy library (Part 67): Chart object class

Other classes in DoEasy library (Part 67): Chart object class

In this article, I will create the chart object class (of a single trading instrument chart) and improve the collection class of MQL5 signal objects so that each signal object stored in the collection updates all its parameters when updating the list.
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Timeseries in DoEasy library (part 55): Indicator collection class

Timeseries in DoEasy library (part 55): Indicator collection class

The article continues developing indicator object classes and their collections. For each indicator object create its description and correct collection class for error-free storage and getting indicator objects from the collection list.
Building an Interactive Application to Display RSS Feeds in MetaTrader 5
Building an Interactive Application to Display RSS Feeds in MetaTrader 5

Building an Interactive Application to Display RSS Feeds in MetaTrader 5

In this article we look at the possibility of creating an application for the display of RSS feeds. The article will show how aspects of the Standard Library can be used to create interactive programs for MetaTrader 5.