All Blogs

This week I failed one of my own portfolio tests, and the fault was in the ruler, not the strategies. Early on Wednesday a five-part portfolio of my research legs cleared the return-to-drawdown line I had set for it...

The MT5 report lists two streaks side by side: the maximum consecutive wins and the maximum consecutive losses, counted in closed trades. A losing streak is the number buyers worry about...

JET Market Monitor US500 is a new indicator for MetaTrader 5 that shows the stocks that make up the S&P 500 index (about 500) in one panel, right on your chart...

Trading Pullbacks Through a Thermal Camera: Meet THERMA-X PRO Every trend trader knows the problem. The trend is clear, but when do you get in? Buy too early and the pullback keeps running against you. Wait too long and the move leaves without you...

Not all currency pairs cost the same to trade. A pair that moves a lot can look attractive, but if its spread eats a big part of that move, there is less left for you. Here is how the three groups of pairs differ, and a simple test to compare them...

GoldFever MT5 and MT4: daily breakout trading on gold with controlled risk GoldFever is an Expert Advisor for gold (XAUUSD and the symbol names used by different brokers) that trades breakouts of the previous trading day's levels...

https://www.mql5.com/en/market/product/207774 Adding a colored Moving average to renko trading can filter out bad trades. After a box forms pullbacks to boxes and using the MA to filter, the trader can stack odds in favor...

🏛️ Giza Gold EA launch: $199 for the first 10 copies, then $499. Get it on MQL5 | Launch post | Watch Giza trade in public, every trade on the gold chart: thegoldheist.com MetaTrader 5 shows your balance and equity...

When I read an EA description that says “stops on news,” I want to know what actually stops. Does the robot stop opening trades? Does it close positions already open? Which announcements count as news, and how long does the pause last...

Second Push Fade for MT5: Why Wait for the Second Push After a Breakout? Breakouts are easy to identify after they happen. The harder question is what to do next. A strong move outside an established range can continue, reverse immediately, or briefly pause before making another push...

The question I get about the free Smart Money Concepts indicators on the MT5 Market is rarely "which one should I use"; it is usually "which one draws the thing I am looking for". This list is organised around that question and nothing else...

Prop Firm Risk Guardian comes in two editions on the MT5 Market. The free edition is Prop Firm Risk Guardian and the paid one is Prop Firm Risk Guardian PRO . Both watch the daily loss line of a challenge or funded account, and the difference is what happens when the line is touched...

When MT4 freezes or hangs, two of the terminal's own settings decide how much price history it loads and stores, and one of them sets how many bars every indicator works through. A few of the commands you might go looking for are not in the terminal at all...

Most traders I talk to run several indicators side by side. One shows strength, one the trend, one the levels. Each shows its own part of the picture, and putting it together still happens in your head, chart by chart. On BuildYourTools you bring them together in one tool of your own...

Pitbull Gold 1.05 is out with two changes. The trade selection is improved, so it takes fewer and more selective trades. And every risk profile now puts 1.5 times more on each trade. If you already run Pitbull Gold, the second change is the one to read before you click Update...

Most Expert Advisors trade one market with one idea. That works until the market changes character, and then the whole account depends on a single method going through a bad stretch. VELTIS Keystone takes a different route...

Video of the rule language: https://youtu.be/i5lHA5d0JRE Multi Timeframe Signal Workshop marks every bar where a signal you build fires. Every signal is a rule written in a small text language: the condition cards write it for you as you click, and a signal file takes it as you type it...

Multi Timeframe Signal Workshop watches signals you build from indicators on any timeframe and marks every bar where one fires...

How to Use Chart Drawing Tools in MT4 and MT5 with Multi Risk Manager Pro Suppose you mark a support zone on an H1 chart. You want its boundaries to match two exact prices, its label to explain why you marked it, and its shading to disappear when you switch to M5...

The EA's page says "1:500 or higher". Your account is 1:100. Or it is 1:500 and the number bothers you, because it sounds like five hundred times the risk. Both readings mix up two different things. Leverage decides how much you can open. The lot decides how much you win or lose...