MQL5 Algo Trading
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Explore the development of a logistic model aimed at predicting stock market crashes using comprehensive data analysis. Focus on key factors affecting stock prices, such as company performance, interest rates, and inflation. Assess the relevance and correlation of each factor, like the Price-to-Earnings Ratio and Earnings Per Share. The approach involves refining data selection to strengthen predictive accuracy, utilizing logistic regression for classifications. Evaluate model performance with testing data, achieving an accuracy of 70.45% for Apple's dataset, demonstrating a promising predictive tool for traders. Additionally, explore the practicality of deploying these models in real-time market testing for enhanced decision-making strategies.

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#MQL5 #MT5 #StockMarket
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Introducing SniperJaw EA, a focused expert advisor utilizing the Alligator indicator. Key features include single-position focus and trend tracking via the Jaw, Teeth, and Lips components. Control trade size with LotSize, and set exit strategies using UseEntryToExit for opposite signals or classic TakeProfit and StopLoss measures. Slippage is adjustable through the Slippage parameter, and trading capability can be toggled with TradeEnabled. Customize the Alligator's efficiency with parameters like JawPeriod, JawShift, TeethPeriod, TeethShift, LipsPeriod, and LipsShift. Adapt these settings to align with specific strategic goals and ensure precise trend following.

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#MQL4 #MT4 #EA
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The Double Moving Averages With Fibonacci tool is crafted for traders requiring both trend-following indicators and support/resistance levels. It employs two adaptable moving averages to signal trades: when the faster average surpasses the slower one, it signals a buy, marked by an arrow. A downward crossover signals a sell opportunity. This dual moving average approach aids in pinpointing trend shifts and entry points.

Fibonacci retracement levels and optional Fibonacci Fan lines are incorporated to act as support and resistance zones, assisting traders in identifying potential trend reversals or continuations. This indicator operates across all time frames, offering flexibility for scalping, day trading, or swing trading strategies.

The feature-rich tool includes real-time alerts via sound, pop-ups, and emails, allowing traders to remain aware of t...

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#MQL4 #MT4 #Indicator
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A new Expert Advisor has been shared on the forum utilizing two Moving Average (MA) indicators. It operates by opening trades if the MAs fail to cross over a predefined period, followed by a pullback from the main trend. The strategy involves opening the first of three trades, with subsequent orders initiated based on the Average True Range (ATR), dictating movement in favor of or against the trade direction. Trailing stop mechanisms are involved once all three trades are established and price moves favorably. Conversely, the EA closes trades if price moves adversely beyond a certain grid step distance. This provides flexibility in managing market uncertainties.

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#MQL5 #MT5 #EA
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This utility indicator is designed to show labeled trade levels on charts efficiently. To disable native trade levels, access "Show trade levels" in F8 Chart Properties. For Custom Charts that lack native display capabilities, attach this indicator to see the trade levels accurately. Utilize BaseSymbol to pull trade level data for unique Custom Symbols. Customize TextBarsBack to control how far back the level labels appear from the current bar. Although a magic number reference exists, it currently doesn't appear in trade lines. For multiple EAs on a single symbol, adapt the code to include magic numbers and run multiple indicator instances on one chart. Adjust font sizes and text spacing in object properties as needed for different display resolutions.

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#MQL5 #MT5 #Indicator
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Explore the Accumulation/Distribution (AD) indicator in MetaTrader 5 through the eyes of an experienced developer. This article provides insights into the core functionality and calculation of this volume-based tool. Discover the AD indicator's role in confirming trends and identifying potential reversals. Learn to manually compute the AD line, enhancing comprehension of its underlying logic. Dive into simple strategies to leverage AD for improved trading, including movement strength and trend analysis. Gain practical expertise with blueprint designs for MQL5 coding, fostering your ability to develop bespoke trading systems in MetaTrader 5. Ideal for both novice and seasoned algorithmic traders.

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#MQL5 #MT5 #Trading
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The Baseline: iMA + ATR Bands indicator merges a standard Moving Average with ATR-based bands, offering a visual tool to identify trends, breakouts, and volatility. Originating from the NNFX methodology, this indicator serves as a primary trend filter to streamline chart interpretation. Users can customize the iMA period to determine the bars for the Moving Average and select the type of MA, whether SMA, EMA, SMMA, or LWMA. The applied price can be set to Close, Open, High, or Low. ATR period and multiplier adjustments help calculate the bands. It’s advisable to utilize the MA line as a trend filter, noting that crossing above the upper band suggests bullish momentum and below indicates bearish momentum. For informed trading, it's crucial to integrate confirmation, volume, and exit strategies consistent with existing guidelines.

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#MQL5 #MT5 #Indicator
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MetaTrader 5 (MT5) is a robust platform for automating trading strategies. It utilizes MQL5, a proprietary programming language, enabling customization and automation in trading operations. Users can download MT5 for free from metatrader5.com, suitable for Windows, Linux, and Mac, when properly configured. The platform also facilitates mobile access for monitoring trades, though these versions lack automation features. MT5 supports an extensive ecosystem, including a marketplace for trading robots, technical indicators, and real-time signal services.

Installing MT5 is straightforward. Once downloaded, execute the setup file, agree to the terms, and complete the installation. For beginners, a Demo account is recommended; it allows risk-free practice in simulated trading environments. More serious users may consider Cent accounts for low-risk real-m...

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#MQL5 #MT5 #MetaTrader
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The "FalseBreakouts.mq5" indicator enhances chart analysis by identifying false breakout patterns of support and resistance levels in MetaTrader 5. It efficiently marks buy and sell points using dynamic support and resistance lines, aiding in the recognition of market tops and bottoms.

Constructed with six buffers, this indicator provides a visual representation on the main chart. Up and down arrows indicate buy and sell points in blue and red respectively, while support and resistance levels are drawn with corresponding coloured lines. Arrows also denote tops and bottoms.

Key functions include:

1. OnInit: Initialises buffers and sets arrow properties for easy visualisation.

2. OnCalculate: Updates buffers with each data change, identifies tops and bottoms, and evaluates buy/sell signals.

3. IsBuy/IsSell: Checks false breakouts for potential ...

πŸ‘‰ Read | Freelance | @mql5dev

#MQL5 #MT5 #Indicator
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The Atom-Motif Contrastive Transformer (AMCT) framework emerges as an innovative approach to forecast market trends with enhanced accuracy by analyzing both atomic and complex structural levels. By naturally aligning representations via candlesticks and market patterns, it enhances interpretative quality across varying timeframes. A key innovation is the property-aware attention mechanism employing cross-attention to refine trend analysis. The framework autonomously learns market property features, preventing manual definition errors. This structured approach significantly lowers decision latency by optimizing pass methods. The integration of scaling models transforms pattern outputs into more compatible dimensions, improving alignment and creating a cohesive structure for accurate market analysis.

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#MQL5 #MT5 #AI
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Institutional traders purposefully influence markets, triggering stop-losses for liquidity sweeps that move prices temporarily. Recognizing these sweeps can protect traders from premature exits and align them with market trends. A developed MQL5 Expert Advisor (EA) identifies such sweeps by analyzing candle patterns where price breaks and then closes back within a range, indicating liquidity absorption. This EA uses optional filters like moving averages and color changes for enhanced accuracy. By marking and alerting valid patterns, the EA helps traders foresee institutional moves, maintaining an edge by reducing false signals and catching shifts in market momentum effectively.

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#MQL5 #MT5 #Algorithm
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The Parabolic Stop-And-Reverse (SAR) indicator and Relative Vigor Index (RVI) oscillator provide a strategic combination of trend identification and momentum tracking. Testing on GBP CHF for 2023, using optimized metrics, assesses various signalling patterns in a wizard Expert Advisor. The testing ensures isolated setups for each pattern, adjusting parameters via MQL5’s structure, focusing on pattern-specific maps for signal accuracy.

The test spans from 2023 to 2025, highlighting SAR’s trend-following capability and RVI's momentum tracking. Patterns were systematically tested on a 4-hour timeframe, verifying reliability across different market conditions and incorporating essential filters to enhance signal clarity. The reactive nature of the SAR ensures adaptable stop-loss management, crucial in volatile market shifts, while the collected data ai...

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#MQL5 #MT5 #Indicator
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In MetaTrader 5 build 5120, we have introduced a number of fixes and improvements to the platform:

β€’ Fixed interface display issues on Linux and macOS.
β€’ Updated available models for AI Assistant in MetaEditor.
β€’ Enabled passing of arrays with signed/unsigned typecasting in ArraySwap, WebRequest, CryptEncode, CryptDecode, and other data conversion functions.
β€’ Fixed retrieval of key states for MQL programs on the active chart.
β€’ Corrected ArrayInitialize behavior for enum arrays.

Discuss the update
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The process of closing or deleting orders in a multi-currency EA is straightforward. The code uses comments as identifiers to determine which orders to close or delete. If the EAComment input is empty, it defaults to closing based on the specified close type. The functionality supports both prefix and suffix in the comment for flexibility. There is potential for further development and customization by exploring additional options. Please ensure any suggestions or feedback focus on core functional enhancements. This systematic approach ensures efficient trade management in multi-currency scenarios.

πŸ‘‰ Read | Freelance | @mql5dev

#MQL5 #MT5 #EA
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The article explores the development of an info panel to track trading history and statistics using MetaTrader 5's MQL5 environment. It provides a solution for traders needing an adaptable tool to analyze trading data by symbols and strategy identifiers (magic numbers) without using data buffers. By leveraging SQLite for database operations, the article details how to structure tables and manage data efficiently, allowing extended functionality like scrollable tables and dynamic dashboards. The solution empowers traders and developers to extract and interpret comprehensive account statistics directly from existing databases, enhancing decision-making in algorithmic trading strategies.

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#MQL5 #MT5 #AlgoTrading
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Introducing the AlphaTrend indicator designed for analyzing market trends, support, and resistance levels. This tool adapts to available data by utilizing the Money Flow Index (MFI) when volume data is present, and the Relative Strength Index (RSI) otherwise. The indicator integrates momentum indicators such as RSI and MFI, providing versatile insights into market dynamics. Additionally, AlphaTrend employs the Average True Range (ATR) for assessing market volatility. This multi-faceted approach ensures a comprehensive analysis, aiding in informed decision-making. AlphaTrend represents a strategic addition to any market analysis toolkit, bridging momentum and volatility for a thorough market perspective.

πŸ‘‰ Read | VPS | @mql5dev

#MQL5 #MT5 #Algorithm
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Discover the cutting-edge NAFS algorithm for graph representation learning, designed to tackle scalability and over-smoothing issues in traditional GCNs. Unlike previous methods, NAFS uses a unique node-adaptive feature smoothing technique, capturing rich structural data efficiently across varying scales without training, thus reducing computational costs. Engineers can implement this technique in MetaTrader 5 using MQL5, leveraging OpenCL for constructing multi-scale node representations and enhancing computational performance. NAFS' approach of adjusting smoothing rates based on node characteristics ensures robust and scalable graph data processing, making it a significant advancement for both graph researchers and traders integrating algorithmic strategies.

πŸ‘‰ Read | CodeBase | @mql5dev

#MQL5 #MT5 #Graph
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Introducing a new integrated approach for Forex trading calculations directly within the MetaTrader 5 platform. By embedding a Forex Values Calculator into the Trade Management Panel, traders can now perform essential calculations such as Position Size, Risk Amount, Pip Value, and Margin Requirement without leaving their trading terminal. This integration is facilitated by MQL5's robust GUI capabilities, ensuring that trade set-up is more streamlined and efficient.

The implementation includes adjusting the Trade Management Panel to house new control classes, utilizing ComboBox and DatePicker components for intuitive user interaction. This approach minimizes the need to toggle between different applications, enhancing the overall trading workflow.

Testing phases confirm that the integration maintains accuracy and reliability, aligning with MetaTrader 5...

πŸ‘‰ Read | Signals | @mql5dev

#MQL5 #MT5 #Forex
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The ATR Channel indicator for MT4, originally developed by The Collector, offers a valuable tool for traders looking to implement volatility-based strategies. By utilizing the Average True Range, it assists in assessing market volatility and establishing dynamic support and resistance levels. This can aid in making informed trading decisions and identifying potential breakout or reversal points. Users interested in leveraging this indicator can find the original version on the MQL5 codebase. It is crucial to understand how the indicator functions and adjust its parameters according to individual trading needs, ensuring optimal performance within specific market conditions.

πŸ‘‰ Read | CodeBase | @mql5dev

#MQL5 #MT5 #Indicator
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The article introduces a series focusing on developing Windows Forms-style controls using MQL5 for application GUIs. This series emphasizes implementing popular controls for GUI development, linked to enhancing library graphical objects. The initial focus is on the Panel element, a crucial container for housing other controls. The process involves creating a panel that adapts to content changes and manages child objects efficiently.

Subsequent updates will address library improvements. These include integrating new properties from terminal updates into symbol and account objects, refining graphical and form object classes, and setting up the foundation for the Panel object class. Enhanced object management, size adjustment features, and object interaction capabilities will be incorporated.

With preparatory elements in place, each WinForms component will pr...

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#MQL5 #MT5 #WinForms
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