Articles, Library comments - page 2

Broker Info Panel MT5 : A lightweight MT5 chart indicator that displays live broker and symbol trading specifications including spread, tick size, tick value, volume limits, stop level and freeze level. Author: Waseem Shahrukh

Nadaraya_Watson_Envelope_NR : Calculates a non-repainting Nadaraya-Watson envelope using Gaussian smoothing and marks price crosses beyond the upper and lower bands with arrows. Author: Derrick Njagi Bundi

Risk Based Position Size Calculator : A draggable MT5 risk calculator that converts the selected entry and stop distance into a broker normalized position size using tick size, tick value and account risk. Author: Waseem Shahrukh

Check out the new article: Integrating MQL5 with Data Processing Packages (Part 9): Entropy-Based Adaptive Volatility . This work presents an end-to-end pipeline: collect MetaTrader 5 data, engineer entropy/volatility/trend features, train a PyTorch classifier, and expose predictions through a Flask

Check out the new article: Building a Correlation-Aware Multi-EA Portfolio Scorer in MQL5 . Most algo traders optimize Expert Advisors individually but never measure how they behave together on a single account. Correlated strategies amplify drawdowns instead of reducing them, and coverage gaps

SuperTrend Indicator : A custom SuperTrend indicator built from first principles, combining an ATR-based volatility band with a ratchet mechanism to produce a clean, non-repainting trend line. Internal recursive state is managed through properly registered calculation buffers, avoiding the

Fisher Transform Indicator : A Fisher Transform oscillator built from statistical first principles — normalizing price into a bounded range, then applying a logarithmic transform to produce sharp, well-defined reversal signals instead of the gradual turns typical of conventional oscillators

Adaptive_MACD : Adaptive MACD is a dynamic momentum indicator that adjusts its smoothing based on market conditions. It calculates a Pearson correlation coefficient between price and bar index over a user-defined period, then uses the resulting R² to blend two different MACD coefficient sets. This

Risk reward box : This Indicator creates automatically a Risk/Reward Box on you all opened chart base on High, Low price with the old candles. You can use it easily to drag and change size and price to your desire wanted. Author: Livio Alves

Check out the new article: Automating Trading Strategies in MQL5 (Part 50): Turtle Soup Liquidity Sweeps . We build an automated MQL5 program that trades Turtle Soup by fading false breakouts of the N-bar high and low. The article implements liquidity-sweep detection, confirmation closes back inside

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

Sniper Gold Hybrid Recovery EA : XAUUSD M15 basket recovery EA with adaptive ATR spacing, LL/LH structure validation, dynamic RSI gating, crash detection, news filter, and smart trade trimming. Author: Waseem Shahrukh

Check out the new article: Distribution-Free Price Channels in MQL5: Quantile Regression by Iteratively Reweighted Least Squares . We build a rolling price channel by fitting the 0.1, 0.5 and 0.9 conditional quantile lines via IRLS with pinball loss, packaged as a reusable class and two MetaTrader 5

SniperGold SMC ProPlus (Institutional Smart Money Concepts) : SMC chart indicator: market structure (BOS/CHoCH), volume weighted order blocks, multi timeframe FVG, equal highs/lows, liquidity sweeps, premium/discount zones, a 3 time frame bias panel and an optional trade setup readout. Closed bar

Check out the new article: From Novice to Expert: Candlestick Momentum Confirmation for Classic Crossover Strategies . In this article, we refine a moving average crossover strategy with a momentum candle filter and an immediate retracement bar confirmation. When both conditions are met, a pending

Check out the new article: Meta-Labeling the Classics (Part 3): Filtering and Sizing Bollinger Band Trades . Bollinger Band mean reversion degrades in trending regimes when ADX is high and bandwidth expands. We separate direction from trade selection with a two‑stage meta‑labeling pipeline: a

Check out the new article: Implementing a Daily Loss Limit and Drawdown Circuit Breaker in MQL5 . This article presents a circuit breaker for MQL5 that monitors combined daily P&L (realized plus floating) on every tick and compares it to a configured loss limit. On breach, it closes positions

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

Server Clock and Daily Reset Hour : A free, read-only MetaTrader 5 panel that converts your prop firm's daily reset rule (written in whatever time zone the firm uses) into your broker's actual server time, shows a live countdown to the next reset, and warns you before a daylight-saving shift moves

Liquidity Sweep Detector Indicator : Marks fractal swing highs/lows as liquidity levels, then flags the exact bar where price wicks beyond one and closes back inside — a liquidity sweep / stop hunt — with an arrow and an optional price label. Sweep checks run only on closed bars, so signals never

EdgeMeter - does your entry signal beat the spread? : Measures whether an entry signal actually beats transaction costs, before you spend weeks building an EA around it. Reports net result after cost, an honest t-statistic on non-overlapping samples, and a random control. Places no orders. Author

RepaintTest - measure whether a drawing indicator repaints : Measures whether a drawing indicator repaints, instead of asserting that it does not. The invariant: once a bar has closed and been processed, no object drawn on it may ever change - not move, not recolour, not change its text, and not

Support Resistance zig zag based : Support Resistance zig zag based is a Price Action indicator designed to automatically and dynamically map Support, Resistance, and transition areas (Flip Zones) on the chart. It focuses purely on clear price structure mapping and highlighting key bounce areas (SBR

Market Structure Entry Model : Market Structure Shift (CHoCH) Bullish Setup (CHoCH ): Price breaks above the previous confirmed Lower High (LH), signaling a trend reversal from bearish to bullish. Bearish Setup (CHoCH ): Price breaks below the previous confirmed Higher Low (HL), signaling a trend

Auto ZigZag Fibonacci Golden Zone Indicator For MT5 : The Auto ZigZag Fibonacci Golden Zone indicator automatically detects the latest swing high and low, draws key Fibonacci retracement levels (50%, 61.8%, 78.6%), and highlights the Golden Zone between 61.8% and 78.6% as an optimal pullback entry

New article Migrating from MQL4 to MQL5 is published: Many developers have accumulated a lot of indicators and trading strategies written in MQL4. To use them in Metatrader 5, they should be converted to MQL5. It's not so easy to rewrite all programs in MQL5. It would be much easier to convert them

Volume Profile Levels Indicator : Builds a horizontal volume histogram over a recent lookback window and marks the Point of Control and Value Area using the standard TPO/volume value-area expansion algorithm — not just POC ± a fixed offset. Refreshed once per new bar, drawn as a sidebar next to

Volume-Weighted Delta Divergence Oscillator : A normalized order-flow oscillator that estimates buy/sell volume pressure per bar, accumulates it into a rolling delta, and automatically flags regular bullish and bearish divergence against price swings. Author: Adeolu Kayode Gbadebo

Daily Zone Recovery EA mt5 for GOLD : Daily Zone Recovery is a multi-strategy trading expert advisor for MetaTrader 5 that operates based on the previous trading day’s high and low levels. The expert advisor monitors price behavior near daily extremes, uses three independent entry strategies, and

Channel Sun Signals : Overview Channel Sun Signals plots an adaptive, triangular-weighted moving-average channel (a center line plus an upper and lower band) around price, and marks potential reversal points where price pierces a band and then closes back inside it. It is built on the same