Articles, Library comments - page 2

Portfolio Correlation and Margin Risk Calculator : Computes the historical Pearson correlation between any set of instruments and the combined margin your account would need to hold all of them at once, as a percentage of your equity. Runs natively in MetaTrader 5 with no external libraries, no

MACD Signal Line indicator for MT5 : A stripped-down (signal line only) version of Metaquotes' MACD indicator from the MT5==>Indicators==>Examples folder. Author: Silk Road Trading LLC

Check out the new article: Larry Williams Market Secrets (Part 2): Automating a Market Structure Trading System . Learn how to automate Larry Williams market structure concepts in MQL5 by building a complete Expert Advisor that reads swing points, generates trade signals, manages risk, and applies a

SniperJaw EA : SniperJaw EA is a one-trade-at-a-time robot that uses the Alligator indicator (Jaw, Teeth, Lips) to follow the trend. You can control the trade size with LotSize, choose to close trades on opposite signal with UseEntryToExit, or use TakeProfit and StopLoss in pips if set. Slippage is

Trading Performance journal : An institutional-grade trading journal and behavioral analytics suite designed to run entirely inside MetaTrader 5. The application is built as a single-file, zero-dependency dashboard that replaces standard terminal objects with a high-performance, double-buffered

Check out the new article: Market Simulation: Position View (V) . Despite what was shown in the previous article, the task may appear simple. In reality, several problems remain, along with many tasks that still need to be completed. You, dear reader, may imagine that everything is easy and

Check out the new article: From Basic to Intermediate: Random Access to Files (I) . In today's article, we will explore random access to file contents for the first time. This applies to both writing and reading information stored in a file. However, since the topic is too broad to cover in a single

Volume Strength Compass / BhanuCodeLab : Volume Strength Compass is a volume-analysis indicator for MetaTrader 5 that evaluates market activity using Relative Volume, candle body strength, close position, and volume intensity. The indicator classifies each candle into different volume conditions

SMMA Levels MTF / BhanuCodeLab : SMMA Levels MTF is a multi-timeframe Smoothed Moving Average indicator for MetaTrader 5. The indicator calculates SMMA values from several selectable timeframes and displays them together on the current chart. Author: Bhanu Chandra Raju Indukuri

Pivot SuperTrend / BhanuCodeLab : Pivot SuperTrend BhanuCodeLab is a trend-following indicator that combines confirmed pivot points with an ATR-based trailing trend line to identify market direction, trend reversals, and potential BUY or SELL signals. Author: Bhanu Chandra Raju Indukuri

Check out the new article: Exponentially Weighted Covariance Matrix in MQL5: Building an Adaptive Correlation Monitor for Multi-Symbol EAs . This article builds a constant-memory EW covariance engine and a chart heatmap for monitoring cross-symbol correlations in MQL5. CEWCovariance updates in O(N²)

New article Payments and payment methods is published: MQL5.community built-in services offer great opportunities both to MQL5 developers and ordinary traders with no programming skills. But all these features can't be implemented without in-house secure payment system, that provides a convenient

External Range Liquidity ERL Market Structure : External Range Liquidity ERL is a custom indicator for MetaTrader 4 designed specifically for traders utilizing Price Action and Smart Money Concepts. This indicator automatically maps the Market Structure and identifies areas where liquidity has been

Check out the new article: From Basic to Intermediate: Object Events (III) . In this article, we will prepare the foundation for what will be covered in the next publication. We will also look at how to make an OBJ_LABEL object fully interactive for editing and moving. In other words, we can change

High-Performance Time Functions (TimeUtils) : High-performmance functions for dealing with time. Author: amrali

Check out the new article: Neural Networks in Trading: Hierarchical Skill Discovery for Adaptive Agent Behavior (HiSSD) . In this article, we explore the HiSSD framework, which combines hierarchical learning and multi-agent approaches to create adaptive systems. We examine in detail how this

Woodies CCI : Woodies CCI is a momentum indicator that was developed by Ken Woods. It's based on a 14 period Commodity Channel Index (CCI). It's a fully unbounded oscillator with a base value of 0 and has no lower or upper limit. Some traders use the indicator to spot a number of tradable CCI

ATR Values: This indicator plots the values of the user specified ATR period for all timeframes as a text block. The text block corner can be changed by the user. Author: mohit marwaha

Check out the new article: Foundation Models for Trading (Part I): Porting Kronos to Native MQL5 . Kronos is a pretrained transformer that models OHLCV bars the way a language model predicts words. We reimplement its tokenizer/encoder and transformer block in native MQL5, export weights to flat .bin

Rainbow Ranga - AKM : This indicator is essentially a GPS based on envelope as channel gauging and weather radar for the market wrapped into one. Instead of just giving you a bunch of lines to guess at, it calculates the mathematical "stretch" of the market and combines it with a multi-timeframe

Check out the new article: Entropy-Based Market Efficiency Indicator in MQL5: Measuring Randomness in Price Returns Using Approximate Entropy . A rolling-window Approximate Entropy oscillator for MQL5, built without external dependencies. Covers the full mathematics of template matching, Chebyshev

Check out the new article: Building a Synthetic Custom Symbol in MQL5 Using Multi-Symbol Price Averaging . This article shows how to build a synthetic custom symbol in MQL5 by averaging OHLC data from multiple instruments into a single derived price series. It covers symbol collection and

Check out the new article: Beyond the Clock (Part 4): Efficacy of Bars on Trending and Mean-Reversion Strategies . Does better return conditioning buy strategy performance? We hold bar count fixed across time, tick, tick-imbalance, and tick-runs on 60.5 million EURUSD ticks, then meta-label RSI

Check out the new article: Market Simulation: Position View (IV) . Here we will start bringing together different components or applications that were previously completely isolated from each other. Chart Trade, the mouse indicator, and the Expert Advisor had already been linked to one another, but

ASQ Safe Scalping v1.20 : A free, open-source breakout scalping Expert Advisor for MetaTrader 5 by AlgoSphere Quant. It implements a strict seven-condition entry system where every condition must align simultaneously before any trade is taken. Author: Muharrem Rogova

Check out the new article: From Basic to Intermediate: FileSave and FileLoad . In today’s article, we will look at several ways to work with the FileSave and FileLoad library functions. Although many people consider them of limited use because of certain limitations or difficulties they create in

Check out the new article: Trading Robot Based on a GPT Language Model . The article presents a complete implementation of TimeGPT, a specialized Transformer-based architecture for forecasting financial time series on the MetaTrader 5 platform. Adaptation of the attention mechanism to financial

T5Copier - MT 5 client to client Local trade copier : A local client to client trade copier with custom dashboard in C# and transport pipe in golang , complete src is provided in archive ( socket based ver ) ultra low latency Author: Amarnath Kondiyan Mohan

Check out the new article: Custom Indicator Workshop (Part 4) : Automating UT Bot Alerts into a Trading Expert Advisor . This article shows how to build an MQL5 Expert Advisor around the UT Bot Alerts indicator. The EA reads custom indicator signals via iCustom() and CopyBuffer(), evaluates entries

Check out the new article: Creating an Interactive Portfolio Analyzer Dashboard with CCanvas in MQL5 . This article presents a standalone Portfolio Analyzer dashboard implemented as an Expert Advisor for MetaTrader 5. It reads account deal history, reconstructs closed positions, and attributes