Articles, Library comments - page 2

Strength Arrow: This is an indicator which totally based on RSI. The reason to amend this indicator is knowing the strength of a currency. Author: Khurram Mustafa

Check out the new article: Building a Trade Analytics System (Part 2): How to Capture Closed Trades and Send JSON in MQL5 . We build a lightweight bridge that captures closed trades in MetaTrader 5 and sends them to an external backend over HTTP as JSON. It uses OnTradeTransaction for event

Check out the new article: Engineering Trading Discipline into Code (Part 4): Enforcing Trading Hours and News Disabling in MQL5 . An MQL5 control system that blocks orders outside scheduled trading hours and during scheduled news releases, converting time rules into executable restrictions. It

Check out the new article: Automating Trading Strategies in MQL5 (Part 48): Order Blocks, Inducement, Break of Structure . We implement an MQL5 expert advisor that detects order blocks formed after consolidation breakouts and confirms them with fair value gaps. Each zone is validated by a break of

Check out the new article: Using the MQL5 Economic Calendar for News Filter (Part 4): Accurate Backtesting with Static Data . This article implements a static, CSV-based news source for the Strategy Tester, so historical economic news events can be preloaded and queried during backtesting. It

New article The checks a trading robot must pass before publication in the Market has been published: Before any product is published in the Market, it must undergo compulsory preliminary checks in order to ensure a uniform quality standard. This article considers the most frequent errors made by

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

Price prediction by Nearest Neighbor found by a weighted correlation coefficient : The main disadvantage of the classical Nearest Neighbor algorithm (see an examplary implementation in https://www.mql5.com/en/code/133 ) is that all prices within a pattern are treated equally. In other words, it

OHLCMTF Scalper EA - Multi-Timeframe Price Action : A strict Multi-Timeframe Price Action Expert Advisor that trades based on precise OHLC conditions across different timeframes simultaneously. It features pending order entries, role reversals, and dynamic risk management without using any lagging

Check out the new article: Statistical Arbitrage Through Cointegrated Stocks (Part 2): Expert Advisor, Backtests, and Optimization . This article presents a sample Expert Advisor implementation for trading a basket of four Nasdaq stocks. The stocks were initially filtered based on Pearson

Check out the new article: Neural Networks in Trading: Adaptive Detection of Market Anomalies (Final Part) . We continue to build the algorithms that form the basis of the DADA framework, which is an advanced tool for detecting anomalies in time series. This approach enables effective distinguishing

Check out the new article: Deterministic Oscillatory Search (DOS) . Deterministic Oscillatory Search (DOS) algorithm is an innovative global optimization method that combines the advantages of gradient and swarm algorithms without the use of random numbers. The fitness oscillation and slope

HTF_Reversal_Divergences : A multi_timeframe indicator which features RSI divergence. + Buy/Sell signals Inspired from trading view. Author: Hammad Dilber

Check out the new article: Larry Williams Market Secrets (Part 5): Automating the Volatility Breakout Strategy in MQL5 . This article demonstrates how to automate Larry Williams’ volatility breakout strategy in MQL5 using a practical, step-by-step approach. You will learn how to calculate daily

Check out the new article: From Novice to Expert: Automating Base-Candle Geometry for Liquidity Zones in MQL5 . This article implements an MQL5 module that analyzes the lower‑timeframe bars inside each liquidity‑zone base candle. It detects swing points and applies objective rules to classify the

Check out the new article: MQL5 Trading Tools (Part 28): Filling Sweep Polygons for Butterfly Curve in MQL5 . We expand the capabilities of the MetaTrader 5 butterfly curve canvas by adding multi-layered wing fills, vein lines, scale dots, and a full body (abdomen, thorax, head, eyes, antennae)

Check out the new article: MetaTrader 5 Machine Learning Blueprint (Part 13): Implementing Bet Sizing in MQL5 . We build a production MQL5 bet‑sizing toolkit: utilities, snippets, and user‑level functions that mirror the Python originals. The methods cover probability‑to‑size mapping with overlap

Cross_Line_Trader : The Expert Advisor opens positions when the price crosses line objects. Author: Scriptor

Frontend EA : UI cleanup + quick-trading layer for MT5 : A chart-cleanup + quick-trading layer for MT5 Author: Elie Baptiste Granger

Machine Learning Supertrend : A machine-learning inspired approach towards trending regimes. Providing accurate signals and backtest confidence built-in Author: Hammad Dilber

MQL5 Programming for Traders – Source Codes from the Book. Part 6 : In Part 6 of the "MQL5 Programming for Traders", we will study a key component of the MQL5 language – trading automation. We will start with a description of the fundamental entities, such as financial instrument specifications and

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

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

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