Articles, Library comments - page 2

Institutional Psychological Levels and Magnet Zones : Automatically identifies key psychological "Round Numbers" where institutional liquidity and bank orders are concentrated. Essential for spotting high-probability reversal zones and magnet price targets. Author: Amanda Vitoria De Paula Pereira

Institutional Anchored VWAP (Smart Money Benchmark) : The ultimate institutional benchmark tool for MT4. It accurately plots the Volume Weighted Average Price (VWAP) anchored to daily, weekly, or monthly sessions, including standard deviation bands for high-probability mean-reversion setups. Author

Institutional ICT Killzones and Asian Range : An essential time-and-price indicator for SMC and ICT traders on MT4. It automatically highlights the Asian Range, London Killzone, and New York Killzone, featuring a built-in Broker GMT Offset adjustment for perfect session timing. Author: Amanda

MQL5 Wizard - Trade Signals Based on Bullish Engulfing/Bearish Engulfing + RSI : p style="text-align: justify;">The MQL5 Wizard allows creating ready-made Expert Advisors based on the Standard library classes delivered together with the client terminal (see Creating Ready-Made Expert Advisors in

Check out the new article: Neural Networks in Trading: Adaptive Detection of Market Anomalies (DADA) . We invite you to get acquainted with the DADA framework, which is an innovative method for detecting anomalies in time series. It helps distinguish random fluctuations from suspicious deviations

Prop Firm Risk Monitor e Auto-Lot Calculator : An essential on-chart dashboard for MT4 prop firm traders. It tracks real-time daily drawdown to protect your funded accounts and provides an instant risk-to-lot-size calculator based on your exact stop loss. Author: Amanda Vitoria De Paula Pereira

MT4Orders : Parallel use of the MetaTrader 4 and MetaTrader 5 order systems. Author: fxsaber

Check out the new article: Implementing Practical Modules from Other Languages in MQL5 (Part 03): Schedule Module from Python, the OnTimer Event on Steroids . The schedule module in Python offers a simple way to schedule repeated tasks. While MQL5 lacks a built-in equivalent, in this article we’ll

Check out the new article: Battle Royale Optimizer (BRO) . The article explores the Battle Royale Optimizer algorithm — a metaheuristic in which solutions compete with their nearest neighbors, accumulate “damage,” are replaced when a threshold is exceeded, and periodically shrink the search space

New article Learn how to design a trading system by OBV has been published: This is a new article to continue our series for beginners about how to design a trading system based on some of the popular indicators. We will learn a new indicator that is On Balance Volume (OBV), and we will learn how we

Check out the new article: Creating Custom Indicators in MQL5 (Part 9): Order Flow Footprint Chart with Price Level Volume Tracking . This article builds an order-flow footprint indicator in MQL5 that aggregates tick-by-tick volume into quantized price levels and supports Bid vs Ask and Delta

VR Rsi Robot is a multi-timeframe trading strategy : Just two timeframes — H1 and D1 — work synchronously to filter out the noise and capture only strong RSI reversals from overbought and oversold zones. No random entries, only a clear confirmation of the direction from the "big brother." Author

Check out the new article: MQL5 Trading Tools (Part 25): Expanding to Multiple Distributions with Interactive Switching . In this article, we expand the MQL5 graphing tool to support seventeen statistical distributions with interactive cycling via a header switch icon. We add type-specific data

ICT True Open and Power of 3 (PO3) Lines : A lightweight, essential utility for ICT and SMC traders. It automatically plots the True Daily, Weekly, and Monthly Open prices, serving as the foundation for the Power of 3 (Accumulation, Manipulation, Distribution) concept. Author: Amanda Vitoria De

SMC Liquidity Sweep and Rejection Detector : A high-precision indicator designed to detect institutional liquidity sweeps (stop hunts). It identifies price rejection beyond recent swing levels, marking potential high-probability reversal zones without lagging indicators. Author: Amanda Vitoria De

Custom crosshair cursor with synchronization : Synchronized custom crosshair indicator showing price and (server/local) time. Author: Soewono Effendi

WPR for Overbought and Oversold : Overbought and oversold indicators aim to determine where the price may experience a reversal. Author: namakulabu

VR Breakdown level - Trading strategy based on a breakout of the previous High or Low : A simple trading strategy based on breakouts of prior Highs and Lows. Author: Vladimir Pastushak

Fir filters : Fir filters Author: Mladen Rakic

CRT Indicator(MTF) : Explorer : Multi-timeframe CRT Indicator(Explorer) that detects higher timeframe setups and projects CRH/CRL levels onto lower timeframe charts using Fibonacci objects for clear, real-time context. Author: Chukwubuikem Okeke

Liquidity Sweep H4 - M15 (Swing Highs and Lows) / MQL5 : This Expert Advisor (EA) is designed to detect swing highs and lows on the H4 timeframe, then wait for sweeps (liquidity grabs) on the M15 timeframe to trigger buy/sell trades with defined risk management. Author: Osmar Sandoval Espinosa

Institutional Currency Exposure Monitor : An institutional-grade dashboard that breaks down your open positions and calculates your true net lot exposure per individual currency, preventing invisible systemic risks and over-leveraging. Author: Amanda Vitoria De Paula Pereira

Check out the new article: Graph Theory: Traversal Depth-First Search (DFS) Applied in Trading . This article applies Depth-First Search to market structure by modeling swing highs and lows as graph nodes and tracking one structural path as deeply as conditions remain valid. When a key swing is

To CLose All Open Trades of Different Symbols : Technical Details Uses MQL5's OrderSend with TRADE_ACTION_DEAL for instant market closure at current Bid/Ask prices. Includes slippage tolerance (10 points), proper volume matching, and magic number preservation. Loops backward through positions to

Pro MA Crossover EA for MT5 - Free Source Code and Template : This Expert Advisor is a professional and clean template for traders using MetaTrader 5. It is based on a Moving Average crossover strategy and includes essential risk management features, making it suitable for both beginners and

Check out the new article: Launching MetaTrader VPS: A step-by-step guide for first-time users . Everyone who uses trading robots or signal subscriptions sooner or later recognizes the need to rent a reliable 24/7 hosting server for their trading platform. We recommend using MetaTrader VPS for

ZigZag Support and Resistance Detection : ZigZag SNR Detection identifies support and resistance levels using ZigZag pivot points. Author: Tshidiso Ephraim Mpakanyane

Good EA but needs FridayClose to perform better: I got this EA from a friend. It is based on the previous days open and close price, but I would want it to close all trade on friday at a certain time. Author: ChuQ Dennis

Check out the new article: Neural Networks in Trading: Dual Clustering of Multivariate Time Series (Final Part) . We continue to implement approaches proposed vy the authors of the DUET framework, which offers an innovative approach to time series analysis, combining temporal and channel clustering

Check out the new article: The MQL5 Standard Library Explorer (Part 10): Polynomial Regression Channel . Today, we explore another component of ALGLIB, leveraging its mathematical capabilities to develop a Polynomial Regression Channel indicator. By the end of this discussion, you will gain