Articles, Library comments - page 26

GDS Renko Reversal Context : A simple MT5 indicator that shows the current fixed-size Renko run and the exact price level required to confirm a classic two-brick reversal. Author: Andrey Goida

Market Replay Tool : Market Replay Tool is an MT5 utility that seamlessly merges a Market Replay simulator with interactive TradingView-style Long & Short drawing tools. It allows traders to backtest strategies on historical data with adjustable playback speeds, while effortlessly mapping out

Check out the new article: Price Action Analysis Toolkit Development (Part 79): Extending the Indicator Search Panel with Dynamic Input Parameter Configuration . We integrate parameter configuration into the indicator search workflow in MQL5. A central repository describes each indicator's inputs, a

Check out the new article: Implementing a Trade Throttle and Rate Limiter in MQL5 . We build a trade throttle for MQL5 EAs using a token bucket with a priority queue to control order submission rate. Tokens refill at a configurable per‑second rate, allowing short bursts up to capacity and then

Check out the new article: Larry Williams Market Secrets (Part 17) : Detecting Oops Signals Using a Custom Indicator . This article implements an MQL5 custom indicator that detects Larry Williams Oops gap reversals and marks bullish and bearish arrows on the chart. It details configurable gap and

Check out the new article: Building a Compile-Time Unit Testing Framework in MQL5 Using Preprocessor Assertions . MQL5 lacks native unit testing, so utility bugs in lot sizing, pip value, and normalization often slip into production. This article presents a zero‑dependency framework built from

Check out the new article: Neural Networks in Trading: Probabilistic Time Series Forecasting (Conclusion) . We invite you to learn about the K²VAE framework and how the proposed approaches can be integrated into a trading system. You will learn how the hybrid Koopman–Kalman–VAE approach helps build

Wolfe Wave Dashboard : Professional MQL5 indicator (separate window) that automatically scans multiple symbols and timeframes, detects the most recent valid Wolfe Wave patterns (bullish/bearish), displays them in an interactive dashboard, and allows one-click chart opening with full pattern drawing

IronHawk Fibonacci Structure Map : Free MT5 indicator that automatically maps Fibonacci levels across multiple timeframes and highlights confluence zones, market structure, premium/discount areas and key price reactions. Author: Wennide Mogore

Check out the new article: Risk Manager for Trading Robots (Part I): Risk Control Include File for Expert Advisors . Trading is characterized by high demands on risk management discipline. The article presents an analysis of the main reasons for traders' failures and proposes a technical solution in

Broker Execution Diagnostics : A read only MT5 script that reports broker symbol specifications, volume limits, price settings, execution modes, trading permissions, margin requirements and estimated profit values. Author: Waseem Shahrukh

Market Session Separator Indicator : Marks the start/end of up to three trading sessions (Asian, London, New York, or any custom windows) with vertical separators and/or shaded background boxes, repeated daily across a rolling recent window. Purely visual — no calculations, no signals, just clean

Elliott Wave Auto Counter / Automatic Wave Labeling : Automatically detects swing pivots and labels a rule-validated Elliott Wave count (1-2-3-4-5 impulse and A-B-C correction) directly on the chart, with a Fibonacci info panel. For guidance only, always confirm manually. Author: Andrijana Radojevic

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

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

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

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