Articles, Library comments - page 2

Super Trend : The Supertrend indicator plots an ATR-based dynamic trend line on the MetaTrader 5 chart, switching between a green uptrend and red downtrend line with optional buy/sell arrow signals at every trend reversal. Author: Hammad Dilber

Draw on Liquidity DOL Mapper MT4 - ICT Targets : Maps all Draw on Liquidity targets: previous day/week/month highs-lows, equal levels, untested FVGs. Shows WHERE price is heading next. Author: Kestutis Balciunas

ASQ Order Executor : ASQ Order Executor — Institutional order execution wrapper for MQL5 EAs ASQ Order Executor provides institutional-grade order execution with automatic retry logic, slippage monitoring, partial fill handling, requote management, and comprehensive execution statistics. Drop it

Advanced Trade History Exporter: MAE, MFE and Time-Based Excursions (Points) : Utility script that exports your MetaTrader 5 trading history to a CSV file. It automatically calculates Maximum Favorable Excursion (MFE), Maximum Adverse Excursion (MAE), and Forward Returns (Time-Based Excursions) in

Check out the new article: Statistical Arbitrage Through Cointegrated Stocks (Part 7): Scoring System 2 . This article describes two additional scoring criteria used for selection of baskets of stocks to be traded in mean-reversion strategies, more specifically, in cointegration based statistical

New article How to use ONNX models in MQL5 has been published: ONNX (Open Neural Network Exchange) is an open format built to represent machine learning models. In this article, we will consider how to create a CNN-LSTM model to forecast financial timeseries. We will also show how to use the created

Check out the new article: Self Optimizing Expert Advisors in MQL5 (Part 17): Ensemble Intelligence . All algorithmic trading strategies are difficult to set up and maintain, regardless of complexity—a challenge shared by beginners and experts alike. This article introduces an ensemble framework

MultiTester : Multiple runs/optimisations in Tester. Author: fxsaber

New article MetaTrader 5 on Linux is published: 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. Author: MetaQuotes

Check out the new article: Self-Learning Expert Advisor with a Neural Network Based on a Markov State-Transition Matrix . Self-training EA with a neural network based on a state matrix. We combine Markov chains with a multilayer neural network MLP developed using the ALGLIB MQL5 library. How can

Check out the new article: Price Movement: Mathematical Models and Technical Analysis . Forecasting the movements of currency pairs is an important factor in trading success. This article explores various price movement models, analyzes their advantages and disadvantages, and explores their

Self-Aware Trend System : Self-Aware Trend System (SATS) is an advanced MQL5 indicator that combines an adaptive SuperTrend engine with a Trend Quality Index (TQI) dashboard, offering dynamic signal detection, risk management levels, and self-learning calibration for smarter, more reliable trade

HLPeak_Trend : High/Low Peak Trend Author: Elmo Ferrera

ExMachina SafeScalping : ExMachina Safe Scalping is a professional-grade Expert Advisor built for conservative breakout scalping on Gold (XAUUSD), Silver (XAGUSD), and Forex majors. Author: William Jefferson Mukam Tatsinke

Easy Range Breakout EA - MT5 : This EA implements a range breakout trading strategy. It calculates a price range between start and end times defined by the user, draws a visual rectangle on the chart to mark the high and low of that range, and then monitors price action after the range closes. If

Check out the new article: Creating a Traditional Renko Overlay Indicator in MQL5 . Create a traditional Renko indicator in MQL5 that converts candlestick closing prices into fixed-size blocks displayed on the main chart. We calculate the movement from the closing price of the last block, create new

Check out the new article: Markov Chain-Based Matrix Forecasting Model . We are going to create a matrix forecasting model based on a Markov chain. What are Markov chains, and how can we use a Markov chain for Forex trading? Andrey Markov, a prominent mathematician of the early 20th century, while

Check out the new article: How to Detect Round-Number Liquidity in MQL5 . The article presents an MQL5 method for detecting psychological round numbers by converting prices to strings and counting trailing zeros (ZeroSize). It outlines the theory of institutional liquidity at integers, explains the

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

Check out the new article: Price Action Analysis Toolkit Development (Part 33): Candle Range Theory Tool . Upgrade your market reading with the Candle-Range Theory suite for MetaTrader 5, a fully MQL5-native solution that converts raw price bars into real-time volatility intelligence. The

Check out the new article: Price Action Analysis Toolkit Development (Part 66): Developing a Structured Head and Shoulders Scanner in MQL5 . Head and Shoulders patterns are difficult to identify consistently in live market data due to noise and structural ambiguity. This article presents a

Check out the new article: Building a Trade Analytics System (Part 1): Foundation and System Architecture . We design a simple external trade analytics pipeline for MetaTrader 5 and implement its backend in Python with Flask and SQLite. The article defines the architecture, data model, and versioned

CCI (mimic) : CCI (mimic) Author: Mladen Rakic

Check out the new article: Integrating Computer Vision into Trading in MQL5 (Part 2): Extending the Architecture to 2D RGB Image Analysis . Computer vision for trading: how it works and how to develop it step by step. We create an algorithm for recognition of RGB images of price charts using the

Check out the new article: Larry Williams Market Secrets (Part 11): Detecting Smash Day Reversals with a Custom Indicator . We convert Larry Williams’ Smash Day reversal rules into a practical MQL5 indicator that flags confirmed setups with arrows. Step by step, the text shows buffer binding, plot

BGC Grid EA : Regime-adaptive grid EA with three operating modes (BGT/TGT/MGT), ATR-dynamic spacing, CUSUM change-point detection, equity-based cycle management, and a full CSV diagnostics pipeline. Based on the Bi-Directional Grid Constrained (BGC) stochastic process research by Taranto & Khan

Fibonacci Confluence Zone Finder - Multi-Swing Clusters : Draws Fibonacci from multiple swing points and finds overlap zones where multiple Fib levels cluster. Confluence zones are dramatically stronger than single levels. Author: Kestutis Balciunas

Check out the new article: Camel Algorithm (CA) . The Camel Algorithm, developed in 2016, simulates the behavior of camels in the desert to solve optimization problems, taking into account temperature, supply, and endurance. This article also presents a modified version of the algorithm (CAm) with

Daily Risk Monitor Lite : Daily Risk Monitor Lite is a lightweight MetaTrader 5 indicator that displays daily realized P/L, floating P/L, daily total, current drawdown, and color-based risk status directly on the chart. It is a read-only monitoring tool and does not close trades or block trading

Check out the new article: MetaTrader 5 Machine Learning Blueprint (Part 11): Kelly Criterion, Prop Firm Integration, and CPCV Dynamic Backtesting . The bet-sizing signal from Part 10 is concurrency-corrected but carries no payoff-ratio adjustment, no response to a hard drawdown budget, and no