Conventional bounded oscillators such as RSI, Stochastic, and CCI often lose sensitivity during trend expansion. Under heavy volume, values can remain pinned near their limits, producing repeated reversal signals that do not reflect dominant order flow. A key limitation is distributional: many classic indicators implicitly assume near-normal behavior, while market returns are non-linear and frequently non-Gaussian.

A DSP-based approach using John F. Ehlers’ Fisher Transform addresses the boundary-flattening problem by reshaping the price PDF toward a Gaussian form. Routine noise is compressed near the zero baseline while statistically extreme moves become sharper peaks. The transform is unbounded, so momentum is not clipped at arbitrary ceilings, and turning behavior is detected without moving-average phase lag.

Implementation details include a rolli...

👉 Read | VPS | @mql5dev

Running multiple EAs on one account should be evaluated by risk overlap, not by isolated PnL. A practical metric is drawdown compression: sum each system’s worst losing stretch, then compare it to the worst losing stretch of the combined account over the same period. The gap between those numbers is the measurable diversification benefit, and it is typically not shown in terminal reports.

A script can compute this from closed-trade history grouped by magic number. Output includes per-system trade count, net result, and max drawdown; portfolio compression ratio; and a full pairwise Pearson correlation matrix on period PnL with summary stats and optional heat map plus CSV export.

Monte Carlo reshuffling of period results adds percentile drawdowns (50/90/95) to quantify ordering risk. Position sizing should reference the tail of that distribution, not the sing...

👉 Read | Quotes | @mql5dev

Learning-rate selection remains a practical constraint in gradient-descent training: high values can cause oscillation or divergence, while very low values slow convergence and can stall in local minima. Stepwise decay is often suggested, but results vary by task.

OpenCL-based EA tests on EURUSD H1 with ~12.4k bars compared eta=0.1/0.01/0.001 and a 10x decay from 0.01 every 10 epochs. Eta=0.1 failed (error near 1). Others stabilized near 0.42; 0.001 showed marginally lower loss but missed nearly all fractals, while 0.01 produced slightly better signal behavior.

A class-imbalance adjustment (labeling “no fractal” as 0.5 instead of 1) reduced error to ~0.34, cut missed fractals to ~51%, and raised hits to ~9.88%, indicating data weighting can dominate eta tweaks.

👉 Read | NeuroBook | @mql5dev

GoldScalpBot is an MT5 Expert Advisor for XAUUSD scalping on M5, intended for the London and New York sessions, including the overlap window.

Entries use EMA momentum with short breakout and retest filters. Exits are managed via ATR-based Stop Loss and Take Profit, with an optional time-based stop.

Risk is set as a fixed percent of equity per base trade. Position sizing scales up only after consecutive wins, with a hard cap and no martingale behavior after losses. Safety controls include a daily loss stop and a maximum spread filter.

An optional local HTTP bridge can support a companion mobile/web app for monitoring, pausing, closing trades, and adjusting SL/TP. Recommended: ECN conditions with tight XAUUSD spreads, demo-first testing, Algo Trading enabled, and WebRequest allowed to http://127.0.0.1:8765 if the bridge is used. Automated trading can result i...

👉 Read | VPS | @mql5dev

Crystal Structure Algorithm (CryStAl) adapts crystal formation into a population optimizer: candidate solutions act like “atoms” updated by four equally likely strategies that shift toward the population mean, the best solution, or the average of random neighbors (Fc). This mix targets exploration and exploitation without complex control logic.

An MT5-oriented implementation wraps it in a C_AO_CryStAl class with explicit parameter validation, mean/Fc computation, discrete step mapping, and a Revision pass that tracks both per-crystal and global bests.

Baseline tests landed near random-walk quality (~26%), exposing weak interaction and boundary handling. A revised variant changes the update formulation, adds a 10% probabilistic perturbation using power-distributed sampling around the current best, and avoids full re-randomization on bounds, improving ...

👉 Read | Docs | @mql5dev

Price-series matching remains fragile under level shifts, time stretching, and noise. A practical alternative uses symbolic representations: z-normalize each window, keep low-frequency Fourier coefficients, then quantize them into short words via per-coefficient, data-fitted breakpoints (SFA with MCB).

BOSS converts a series into a sparse histogram of word counts using a sliding window. Numerosity reduction prevents consecutive identical words from dominating. Distance is asymmetric, summing squared count differences only over words present in the query, then applying 1-NN classification.

Single-window BOSS is parameter-sensitive, so an ensemble trains multiple window sizes, scores them with leave-one-out accuracy, retains members near the best, and votes. The approach is benchmarked against DTW for regime labeling such as trending, ranging, and vo...

👉 Read | Signals | @mql5dev

Just three weeks after the official launch of MCP support and the built-in AI Assistant, MetaTrader 5 users have already processed more than 1 trillion tokens through the free MQL5 Lite model.

To understand the scale, 1 trillion tokens is roughly equivalent to:

• 700–750 billion English words
• 2.5–3 billion pages of text, assuming 250 words per page
• Around 9 million books with 80,000 words each
• Nearly 7,000 years of continuous reading at 200 words per minute

These figures show how actively thousands of MetaTrader 5 users are applying AI Assistant for a wide range of tasks — from market analysis to developing trading robots.

No API keys or third-party service setup are required to get started. Just sign in to MetaTrader 5 with your MQL5.com account, and the free MQL5 Lite model is available automatically.

Explore the capabilities of agentic AI for trading and programming.

Read more...

MetaTrader 5 exposes OHLC and volume, but not exchange liquidation or open interest. Liquidity zones can only be estimated from on-chart data.

A Liquidity Heatmap approach flags candles where volume exceeds a moving average, then projects an estimated long/short liquidation price using candle direction plus an assumed leverage. Signals are ranked via a rolling buffer: HD mode uses raw volume, Normal mode uses volume delta.

Visualization relies on chart objects: lines for levels and tiered bubbles for strength. Levels extend forward until swept, then stop updating. Object limits, timestamp de-duplication, and per-bar processing reduce redraw and tick overhead. Output is probabilistic and should not be treated as confirmed liquidations.

👉 Read | AppStore | @mql5dev

Backtesting a custom MQL5 indicator in Python often forces a reimplementation that can drift due to bar indexing, rounding, or warm-up rules. A cleaner approach is to export the exact indicator buffers calculated by the terminal and read them in Python as-is.

An MQL5 script can attach via iCustom(), wait using BarsCalculated(), fetch rates with CopyRates() and buffers with CopyBuffer(), then write a locale-stable CSV to MQL5/Files/. Avoid FILE_CSV; format numbers with DoubleToString() and write full lines with FileWriteString().

Handle warm-up by converting EMPTY_VALUE to empty fields so pandas loads NaN. iCustom() parameter forwarding needs a fixed-arity dispatch block due to compile-time call signatures.

👉 Read | CodeBase | @mql5dev

TimeFound reframes forecasting as a foundation-model problem: a Transformer pre-trained on diverse time series can produce usable predictions even with little or no asset history, enabling zero-shot forecasts for newly traded instruments.

Core mechanics combine encoder–decoder attention with multi-resolution patching, capturing fast spikes and slow trends simultaneously. Standardization aligns scales across domains, while relative positional attention preserves temporal relevance and the decoder enforces causal generation.

Training blends point accuracy (MSE) with quantile loss to output uncertainty bands alongside forecasts.

The MQL5 implementation replaces costly patch replication with parallel multi-window convolution for aligned multi-scale features, then uses a multi-head residual feed-forward block and convolution/max-pooling aggregation for low-l...

👉 Read | VPS | @mql5dev

MQL evolved from early “Expert Advisor” concepts into an integrated environment where strategy code runs inside the terminal, with direct access to market series, indicators, and order execution. The key shift was treating automation as native, not an external add-on.

Early MQL was minimal, but MetaTrader 2 introduced MQL II with loops, arrays, richer types, and math functions, enabling real program logic per tick. MetaTrader 3 then expanded beyond execution into research by adding custom indicators and file I/O.

MetaTrader 4 and MQL4 completed the transition to a developer workflow: a structured language with user functions, scripts, libraries, DLL calls, plus MetaEditor bundling compiler, help, and tooling. Community infrastructure (MQL4.COM, Code Base, forums) and the automated trading championship validated autonomous trading at scale and push...

👉 Read | AppStore | @mql5dev

Reinforcement learning in algo trading shifts strategy creation from fixed rules to continuous updating from trade outcomes. An MQL5/MetaTrader 5 implementation uses a multi-agent layout with experience stored as discrete “memory neurons” and aggregated into independent decision agents.

Each neuron encodes a quantized 32-bit market state, a continuous action value (sell to buy), activation stats, and a score combining hit rate and usage frequency. Inputs are built from mostly stationary features (RSI, CCI, stochastics, MACD, ATR, Bollinger position, MA relations, fractals, ADX, WPR, normalized returns).

Learning is modified Q-learning with staged exploration, epsilon control, class-balance correction, and pruning when memory exceeds 1,000 nodes. Ensemble voting weights agents by recent success to reduce single-model bias.

👉 Read | Forum | @mql5dev

Indicator architecture follows an event-driven, sequential pipeline split across OnInit, OnCalculate, and OnTimer, with additional tick-level checks for alerts.

OnInit sets chart precision from _Digits, removes legacy objects prefixed with “SMC_OB_”, and initializes buffers plus state arrays.

OnCalculate iterates from prev_calculated - 1 for incremental updates. A price-boundary filter skips non-essential work when price remains between prev_valid_high and prev_valid_low, reducing CPU usage.

Market structure uses a rolling 3-bar window (vb1/vb2/vb3) keyed by datetime for stable swing tracking across reloads and timeframe changes. Order blocks are derived from swing confirmation plus displacement and a measurable FVG. Nested zones are filtered by comparing FVG size and deactivating weaker blocks.

Mitigation scans bars against active zones with body ...

👉 Read | Signals | @mql5dev

A mean-reversion signal indicator pairs Bollinger Bands with an embedded Stochastic RSI and triggers only after a close returns inside the band following an oscillator extreme.

Bearish logic: the prior bar closes above the upper band while StochRSI %K and %D are above the upper limit, then the current bar closes back inside. Bullish logic mirrors this below the lower band with both lines under the lower limit. Arrows are plotted on the signal bar and offset by a fraction of ATR(14) to avoid candle overlap.

Everything is calculated in a single .mq5 file: Bollinger Bands with shaded fill and basis line, StochRSI built from RSI plus rolling stochastic and double SMA smoothing, and an on-chart panel with live BB/ATR values, %K/%D zone, armed setup flags, and last signal details. Signals are evaluated on closed bars, with no trade execution or order manag...

👉 Read | Docs | @mql5dev

Trade Manager is an MT5 Expert Advisor focused on fast manual execution with automated risk controls. Trade parameters are managed on-chart through draggable horizontal lines for entry, stop loss, and take profit, with real-time recalculation as levels are adjusted.

The interface uses native MT5 graphic objects and supports instant minimize/maximize. Two workflows are provided: market execution at current Bid/Ask, and pending orders with automatic routing to limit or stop based on the entry line position versus current price (Buy Limit/Stop, Sell Limit/Stop).

Stop loss can be set by fixed points or an ATR multiplier, with separate settings for execution and pending modes. Position sizing is risk-based, calculating volume from account balance risk percent and SL distance while respecting broker constraints. State is persisted via terminal global variables, an...

👉 Read | CodeBase | @mql5dev

A multi-timeframe trend-agreement indicator consolidates fast/slow moving-average direction across three configurable horizons (default H4, D1, W1) into a single bias score from -3 to +3. Each timeframe contributes +1 when FastMA > SlowMA, -1 when below, and 0 when equal. MA method is selectable (SMA, EMA, SMMA, LWMA) and applied consistently.

The histogram reports only the current live state, avoiding backfilled history. Higher-timeframe read failures retain the last valid value to prevent flicker. A throttled dashboard panel shows per-timeframe direction, total score, and a bias label, with DPI-aware scaling and strict input validation.

Typical use: trade only at ±3 for full alignment, use any non-zero score as a directional filter, validate existing entry signals with macro agreement, and treat score sign flips as exit warnings.

👉 Read | Quotes | @mql5dev

Slice sampling is presented as an adaptive MCMC alternative that avoids the step-size tuning pain of Metropolis and the conditional-derivation burden of Gibbs. It only needs an unnormalized density (typically evaluated as a log-posterior), then samples by defining a “slice” level, expanding or placing an interval/hyperrectangle, and shrinking it until a valid draw is found.

The article details an MQL5 implementation: 1D sampling uses stepping-out plus shrinkage; the multivariate version simplifies by skipping stepping-out and shrinking a randomly placed hyperrectangle.

Tests on Bayesian linear and logistic regression show posterior means and 95% credible intervals closely match OLS and IRLS estimates, while adding full uncertainty quantification. Practical notes include tracking log-density evaluations (neval) and validating chains with trace plots, ACF, an...

👉 Read | AlgoBook | @mql5dev

MQL5 backtests often assume ideal fills. Live trading adds slippage, spread widening, requotes, price changes, and latency across the full path: terminal/VPS, network, broker gateway, and liquidity.

A diagnostic EA, Execution Quality Monitor, records execution metrics to separate strategy issues from execution issues. It runs in two modes: an active probe that opens and closes a minimum-lot trade and measures request-to-fill slippage, latency, and retcodes; and a passive listener via OnTradeTransaction that estimates fill quality for normal deals (approximate because the quote is read after execution).

Metrics are split by entry vs exit to detect slippage asymmetry, and reported as distributions (mean, median, p95, worst), plus observed spread. Samples are written to CSV with timestamps for per-hour analysis. Use on demo or minimum lot; probes place real tr...

👉 Read | AppStore | @mql5dev

This article ports level-2 path signatures to MQL5 to measure lead–lag without scanning lags. Instead of shifting series and correlating, it treats two aligned streams as a 2D path and uses the Levy area (the antisymmetric part of level 2) as an ordering-sensitive statistic: sign indicates which channel tends to move first, and zero-crossings mark flips.

The implementation builds a correct incremental engine via Chen’s identity with O(d^2) work per bar, plus a shuffle-relation residual to verify results. A facade class handles preprocessing (time augmentation, window normalization, optional lead–lag staircase transform), and exposes compact features.

Practical output is an indicator plotting a rolling Levy-area oscillator and an EA using the reading directly, with notes on scaling choices and non-stationary behavior in real markets.

👉 Read | Forum | @mql5dev