Articles, Library comments - page 2

Heikin Ashi Candles : A clean Heikin Ashi indicator that draws on the main chart window. It also adds one horizontal line at the average price, (Open + High + Low + Close) / 4, of the last closed candle of a chosen timeframe. By default this is H1, and the line uses the normal candles, not Heikin

GDS Renko Liquidity Sweep Lab : GDS Renko Liquidity Sweep Lab is a free educational indicator for studying what happens after price crosses a confirmed Renko swing level. Author: Andrey Goida

Check out the new article: Beyond Squared Returns: Path-Dependent Volatility . This article implements a path-dependent volatility model in MQL5 that keeps the sign of returns. The engine uses two-timescale EWMA kernels (four accumulators) to form activity and trend features, with closed-form

Check out the new article: Behavioural Cloning in a Live Trading System: What Live Experience Can and Cannot Teach . This article measures a live-to-train behavioral-cloning loop for an RL trading system across 83 models. Outcome-weighted imitation shifted the policy toward Hold (48% → 82%), with 12

Check out the new article: Fundamentals of Bayesian Inference in Discrete and Continuous Settings: From Theory to Practical Model Implementation . The article discusses the fundamentals of Bayesian statistics in both discrete and continuous settings. We will progress from classical Bayes’ theorem

Smart Money Concepts BOS CHoCH : Market structure indicator for Gold (XAUUSD), EURUSD and any symbol: swing highs and lows with HH HL LH LL labels, BOS and CHoCH drawn on closed candles, alerts and 4 buffers for EAs. Open source code. Author: Cristhian Alexander Gaibor Cuasquer

Check out the new article: Broker Time vs Real Market Time — Building a DST-Aware Session Clock in MQL5 . Session filters can run an hour off when a broker and a market change their clocks on different dates. This article presents an MQL5 include file, SessionClock.mqh, that converts London, New

Check out the new article: Neural Networks in Trading: Iterative Forecast Refinement Models (Key Components) . In this article, we explore the inner workings of the RAFT framework — one of the most precise and elegant approaches to analyzing dynamic processes. Step by step, we adapt its idea of

Tick Scalper Helper - tick chart and one-click trading panel for MetaTrader 5 : Tick Scalper Helper is a manual trading utility for traders who work on very short time frames and want to see every price change. Author: classicaltrading

Check out the new article: From Signal to Trade via a Chain of Agents: LangChain Architecture on Top of MQL5 . The article describes an architecture in which the MQL5 Expert Advisor (EA) handles only data collection and execution, while the logic is moved to a Python server with three LangChain

Check out the new article: Building a Gold Volatility Regime Monitor from Options Data in MQL5 . A practical bridge from the options market into MetaTrader 5 for gold. We compute near-the-money implied volatility by solving Black-Scholes from quoted prices, compare it with 30-day realized

Supertrend Scalper with Breakeven Win Rate Panel : A Supertrend scalping EA with 14 switchable filters and a self-measuring panel that shows the actual win rate next to the win rate needed to break even after real spread, so you can see whether a setting has an edge or only a high percentage

ICT Premium / Discount and OTE - dealing range, standard deviations, IPDA ranges : ICT dealing range from confirmed swings: premium and discount zones, equilibrium, the OTE band (62 - 79 %, 70.5 %), standard deviation targets and the IPDA 20 / 40 / 60-day ranges. No repaint. Alerts and EA buffers

ADX Auto Range : Range boxes that are drawn when market trend strength weakens Author: Conor Mcnamara

Broker GMT offset and daylight-time rule from price history : Detects the broker's GMT offset and its daylight-time rule (fixed, US or European) from the weekly closes in the H1 history, the same way live and in the Strategy Tester, with functions that convert New York times to server time and back

Partial Close Multi TP Manager : Partial close expert advisor for MetaTrader 5: closes a percent of the position at TP1, TP2, TP3, TP4 and TP5, moves the stop loss to breakeven and trails it. Works on manual trades and on positions of any EA, on any symbol, Gold (XAUUSD) included. Open source code

Swap Markup Scanner : Shows the broker's hidden financing markup and the carry for every symbol, as annual % of notional. Author: Ng Wei Siong

DataSnooping: SPA test, Reality Check, StepM and model confidence set : Is the best of many strategies really better than the benchmark? Hansen's SPA test, White's Reality Check, Romano-Wolf StepM and the model confidence set. Author: Mohamed-amine Baddir

Calendar News Filter - pause any EA around high-impact news : A small include file that tells your Expert Advisor when it is inside a news window, using the economic calendar built into MetaTrader 5. No web requests and no DLL. Author: Muhammad Muqeem Korejo

isNewBar : The function allows checking whether a new bar has appeared on the specified timeframe. For the indicators and Expert Advisors it's very often necessary the information whether a new bar has appeared on the specified timeframe. Here is an example, how it can be done. After the first call

Basket Pair Closer : Position manager for MT5 that closes the best winner together with the worst loser when their combined result reaches your minimum. Basket take profit and stop loss in money, magic filter, simple panel. Works with grid, martingale and manual trades. Open source code. Author

XANDER Adaptive Cross : Two adaptive moving averages that read the market differently. Crossovers signal trend shifts. Author: Cristhian Alexander Gaibor Cuasquer

XANDER Gold Recovery : Keltner Channel strategy for XAUUSD with optional Progressive Recovery System and basket level risk control. Source code for educational purposes. Author: Cristhian Alexander Gaibor Cuasquer

Quantum XAUUSD Silver Trader : Multi-indicator EA for Gold (XAUUSD) and Silver (XAGUSD): RSI, ADX and MA signals, adaptive ATR trailing stop and built-in capital protection. Author: Cristhian Alexander Gaibor Cuasquer

XPro Trade Panel — Full Trade Management Panel for MT5/MT4 : One-click trade panel for MT5 and MT4. Manage entries, exits, SL, TP, pending orders and partial closes without touching the keyboard. Author: Cristhian Alexander Gaibor Cuasquer

XANDER Grid XAUUSD : Bidirectional grid EA for Gold (XAUUSD). Ideal for ProCent accounts. Includes Daily Profit Target and Max Drawdown protection. Author: Cristhian Alexander Gaibor Cuasquer

Cointegration: ADF, Engle-Granger and Johansen tests with a pair scanner : Unit root and cointegration tests (ADF, Engle-Granger, Johansen) with MacKinnon p-values, hedge ratio, half-life and z-score of the spread, and a pair scanner. Author: Mohamed-amine Baddir

Kalman: exact diffuse Kalman filter, local level and time-varying hedge ratio : Kalman filter and smoother with an exact diffuse start, missing values and maximum likelihood: local level, local linear trend and a regression whose hedge ratio drifts. Author: Mohamed-amine Baddir

RegimeHMM: market regimes with a hidden Markov model : Gaussian hidden Markov model fitted by Baum-Welch: regime probabilities without look-ahead, most likely path, expected durations and regime forecasts. Author: Mohamed-amine Baddir

TesterVsLive - match a Strategy Tester report against your real account, trade by trade : A free, read-only utility. It reads an MT4 Strategy Tester report (.htm) and matches every backtest trade with your account history. It then shows the match rate, missed and extra trades, entry and exit