Articles, Library comments - page 26

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

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

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

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

Adaptive Volume Profile Node Tracker : Builds a rolling, volatility-adaptive volume profile over a configurable lookback window and plots the Point of Control (POC), Value Area High/Low, and statistically significant High/Low Volume Nodes (HVN/LVN) directly on the chart. Author: Adeolu Kayode

GoldLondonBreakout : Locks in the Asian session range on XAUUSD, then places an OCO breakout pair (BuyStop/SellStop) for the London open, with ATR-based stops and risk-percent position sizing. No indicators, no discretion — the range is measured, not guessed. Author: Adeolu Kayode Gbadebo

Check out the new article: Larry Williams Market Secrets (Part 16): Detecting and Trading the Oops Gap Reversal Pattern . Learn how to build an MQL5 Expert Advisor that detects and trades Larry Williams’ Oops Gap Reversal pattern using objective gap rules and later-bar confirmation. The EA tracks

Check out the new article: Does This Entry Filter Really Add Edge? A Block-Permutation Test in MQL5 . An MQL5 analyzer reconstructs completed trades, records acceptance labels, and measures the accepted-minus-rejected mean net-profit difference. It benchmarks that statistic against individual

Check out the new article: Automating Chart Patterns in MQL5 (Part 1): The Multi-Timeframe Swing Structure Engine . This article presents CSwingEngine, a reusable MQL5 class that detects H4 swing highs and lows, labels them HH, LH, HL, or LL, and classifies market structure as trend or range. Swings

Check out the new article: Measuring Market Efficiency with Lempel-Ziv Complexity . This article presents a compact MQL5 library for market-complexity analysis: LZ76 complexity and Normalized Compression Distance built on a SAX symbolizer, exposed through a simple facade and an efficiency indicator

XAUUSD MTF Liquidity OB Reversal Breakout : XAUUSD MTF Liquidity & Order Block Reversal Strategy A professional Smart Money Concepts (SMC) based MT5 indicator designed primarily for **XAUUSD (Gold)**. The strategy combines multi-timeframe liquidity, order blocks, liquidity sweeps, breakout/reversal

Chaos Theory Lyapunov Exponent EA : Quantitative MT5 Expert Advisor that filters market noise using Chaos Theory and the Largest Lyapunov Exponent (LLE). Trades momentum EMA crossovers only during deterministic market regimes, with built-in ATR risk management. Author: Jose Alejandro Albornoz

Check out the new article: Feature Engineering for ML (Part 14): Trend-Scanning Features in MQL5 . A naive MQL5 port of trend-scanning features recomputes each candidate window per bar at O(H·L) cost. This article introduces CTrendScanningFeatures.mqh, which maintains three running sums per horizon

Gonisshi MT4 Sync : Automatically sends your closed MT4 trades to your GO日誌 (gonisshi.com) journal — no manual entry, no exported statements. Read-only and data-sync only: it never opens, modifies, or closes orders, and your broker login never leaves your PC. Author: Sakhala Manoj Kiran

Check out the new article: How To Debug MQL5 Code in MetaEditor . This article is a practical walk-through of the MetaEditor debugger using a rolling z‑score indicator with two planted bugs: an off‑by‑one array access and a silent wrong‑denominator variance. We show how to set breakpoints, step

Check out the new article: Custom Indicator Workshop (Part 1): Building the Supertrend Indicator in MQL5 . Build a non‑repainting Supertrend in MQL5 for MetaTrader 5 from first principles. We use an iATR handle and CopyBuffer for volatility, bind buffers with SetIndexBuffer, and configure plots

Currency Strength Meter : Ranks the 8 major currencies by relative strength on a live on-chart panel, calculated from the average percentage change of every available cross pair — not just USD pairs — so weak/strong currencies are visible at a glance, independent of whichever chart you have open

Timer Candle : simple coundown timer Author: Anh Hoang Nguyen

Check out the new article: Designing a Partial Close Engine in MQL5 with Configurable Profit Ladders . This MQL5 engine applies configurable profit ladders in R‑multiples to manage partial closes reliably. It prevents stranded remainders by rounding to lot step, computes close percentages from the

Drawdown Meter : Most reports give you one drawdown number - the worst one. This read-only script measures all three that matter on your own closed history: depth, duration and frequency. It prints the maximum drawdown with its peak, trough and recovery dates, the longest underwater period in days

Basket Protective Close : Closes a basket of positions when its floating loss reaches a limit set as fixed money, a percent of balance, or a percent of equity. Scope filters by symbol or magic numbers, optional profit target, safe non blocking retries. Author: Judi Gosal

Check out the new article: Larry Williams Market Secrets (Part 4): Automating Short-Term Swing Highs and Lows in MQL5 . Master the automation of Larry Williams’ short-term swing patterns using MQL5. In this guide, we develop a fully configurable Expert Advisor (EA) that leverages non-random market

Alpha Beta Channel - AKM : 1. The Core Tracking Engine (Alpha-Beta Filter)At its core, the indicator utilizes an Alpha-Beta filter—a lightweight, steady-state version of a Kalman filter designed to track position and velocity.Predictive Calculation: Instead of simply averaging past prices like an