Larry Williams Market Secrets (Part 5): Automating the Volatility Breakout Strategy in MQL5

Larry Williams Market Secrets (Part 5): Automating the Volatility Breakout Strategy in MQL5

This article demonstrates how to automate Larry Williams’ volatility breakout strategy in MQL5 using a practical, step-by-step approach. You will learn how to calculate daily range expansions, derive buy and sell levels, manage risk with range-based stops and reward-based targets, and structure a professional Expert Advisor for MetaTrader 5. Designed for traders and developers looking to transform Larry Williams’ market concepts into a fully testable and deployable automated trading system.
Building AI-Powered Trading Systems in MQL5 (Part 8): UI Polish with Animations, Timing Metrics, and Response Management Tools

Building AI-Powered Trading Systems in MQL5 (Part 8): UI Polish with Animations, Timing Metrics, and Response Management Tools

In this article, we enhance the AI-powered trading system in MQL5 with user interface improvements, including loading animations for request preparation and thinking phases, as well as timing metrics displayed in responses for better feedback. We add response management tools like regenerate buttons to re-query the AI and export options to save the last response to a file, streamlining interaction.
From Novice to Expert: Higher Probability Signals

From Novice to Expert: Higher Probability Signals

In high-probability support and resistance zones, valid entry confirmation signals are always present once the zone has been correctly identified. In this discussion, we build an intelligent MQL5 program that automatically detects entry conditions within these zones. We leverage well-known candlestick patterns alongside native confirmation indicators to validate trade decisions. Click to read further.
From Novice to Expert: Navigating Market Irregularities

From Novice to Expert: Navigating Market Irregularities

Market rules are continuously evolving, and many once-reliable principles gradually lose their effectiveness. What worked in the past no longer works consistently over time. Today’s discussion focuses on probability ranges and how they can be used to navigate market irregularities. We will leverage MQL5 to develop an algorithm capable of trading effectively even in the choppiest market conditions. Join this discussion to find out more.
Pure implementation of RSA encryption in MQL5

Pure implementation of RSA encryption in MQL5

MQL5 lacks built-in asymmetric cryptography, making secure data exchange over insecure channels like HTTP difficult. This article presents a pure MQL5 implementation of RSA using PKCS#1 v1.5 padding, enabling safe transmission of AES session keys and small data blocks without external libraries. This approach provides HTTPS-like security over standard HTTP and even more, it fills an important gap in secure communication for MQL5 applications.
From Novice to Expert: Automating Trade Discipline with an MQL5 Risk Enforcement EA

From Novice to Expert: Automating Trade Discipline with an MQL5 Risk Enforcement EA

For many traders, the gap between knowing a risk rule and following it consistently is where accounts go to die. Emotional overrides, revenge trading, and simple oversight can dismantle even the best strategy. Today, we will transform the MetaTrader 5 platform into an unwavering enforcer of your trading rules by developing a Risk Enforcement Expert Advisor. Join this discussion to find out more.
Building AI-Powered Trading Systems in MQL5 (Part 7): Further Modularization and Automated Trading

Building AI-Powered Trading Systems in MQL5 (Part 7): Further Modularization and Automated Trading

In this article, we enhance the AI-powered trading system's modularity by separating UI components into a dedicated include file. The system now automates trade execution based on AI-generated signals, parsing JSON responses for BUY/SELL/NONE with entry/SL/TP, visualizing patterns like engulfing or divergences on charts with arrows, lines, and labels, and optional auto-signal checks on new bars.
Codex Pipelines, from Python to MQL5, for Indicator Selection: A Multi-Quarter Analysis of the XLF ETF with Machine Learning

Codex Pipelines, from Python to MQL5, for Indicator Selection: A Multi-Quarter Analysis of the XLF ETF with Machine Learning

We continue our look at how the selection of indicators can be pipelined when facing a ‘none-typical’ MetaTrader asset. MetaTrader 5 is primarily used to trade forex, and that is good given the liquidity on offer, however the case for trading outside of this ‘comfort-zone’, is growing bolder with not just the overnight rise of platforms like Robinhood, but also the relentless pursuit of an edge for most traders. We consider the XLF ETF for this article and also cap our revamped pipeline with a simple MLP.
From Novice to Expert: Trading the RSI with Market Structure Awareness

From Novice to Expert: Trading the RSI with Market Structure Awareness

In this article, we will explore practical techniques for trading the Relative Strength Index (RSI) oscillator with market structure. Our focus will be on channel price action patterns, how they are typically traded, and how MQL5 can be leveraged to enhance this process. By the end, you will have a rule-based, automated channel-trading system designed to capture trend continuation opportunities with greater precision and consistency.
Automated Risk Management for Passing Prop Firm Challenges

Automated Risk Management for Passing Prop Firm Challenges

This article explains the design of a prop-firm Expert Advisor for GOLD, featuring breakout filters, multi-timeframe analysis, robust risk management, and strict drawdown protection. The EA helps traders pass prop-firm challenges by avoiding rule breaches and stabilizing trade execution under volatile market conditions.
Codex Pipelines: From Python to MQL5 for Indicator Selection — A Multi-Quarter Analysis of the FXI ETF

Codex Pipelines: From Python to MQL5 for Indicator Selection — A Multi-Quarter Analysis of the FXI ETF

We continue our look at how MetaTrader can be used outside its forex trading ‘comfort-zone’ by looking at another tradable asset in the form of the FXI ETF. Unlike in the last article where we tried to do ‘too-much’ by delving into not just indicator selection, but also considering indicator pattern combinations, for this article we will swim slightly upstream by focusing more on indicator selection. Our end product for this is intended as a form of pipeline that can help recommend indicators for various assets, provided we have a reasonable amount of their price history.
Automating Trading Strategies in MQL5 (Part 45): Inverse Fair Value Gap (IFVG)

Automating Trading Strategies in MQL5 (Part 45): Inverse Fair Value Gap (IFVG)

In this article, we create an Inverse Fair Value Gap (IFVG) detection system in MQL5 that identifies bullish/bearish FVGs on recent bars with minimum gap size filtering, tracks their states as normal/mitigated/inverted based on price interactions (mitigation on far-side breaks, retracement on re-entry, inversion on close beyond far side from inside), and ignores overlaps while limiting tracked FVGs.
Reimagining Classic Strategies (Part 19): Deep Dive Into Moving Average Crossovers

Reimagining Classic Strategies (Part 19): Deep Dive Into Moving Average Crossovers

This article revisits the classic moving average crossover strategy and examines why it often fails in noisy, fast-moving markets. It presents five alternative filtering methods designed to strengthen signal quality and remove weak or unprofitable trades. The discussion highlights how statistical models can learn and correct the errors that human intuition and traditional rules miss. Readers leave with a clearer understanding of how to modernize an outdated strategy and of the pitfalls of relying solely on metrics like RMSE in financial modeling.
Developing a Trading Strategy: Using a Volume-Bound Approach

Developing a Trading Strategy: Using a Volume-Bound Approach

In the world of technical analysis, price often takes center stage. Traders meticulously map out support, resistance, and patterns, yet frequently ignore the critical force that drives these movements: volume. This article delves into a novel approach to volume analysis: the Volume Boundary indicator. This transformation, utilizing sophisticated smoothing functions like the butterfly and triple sine curves, allows for clearer interpretation and the development of systematic trading strategies.
Neural Networks in Trading: Multi-Task Learning Based on the ResNeXt Model

Neural Networks in Trading: Multi-Task Learning Based on the ResNeXt Model

A multi-task learning framework based on ResNeXt optimizes the analysis of financial data, taking into account its high dimensionality, nonlinearity, and time dependencies. The use of group convolution and specialized heads allows the model to effectively extract key features from the input data.
The MQL5 Standard Library Explorer (Part 5): Multiple Signal Expert

The MQL5 Standard Library Explorer (Part 5): Multiple Signal Expert

In this session, we will build a sophisticated, multi-signal Expert Advisor using the MQL5 Standard Library. This approach allows us to seamlessly blend built-in signals with our own custom logic, demonstrating how to construct a powerful and flexible trading algorithm. For more, click to read further.
Automating Trading Strategies in MQL5 (Part 43): Adaptive Linear Regression Channel Strategy

Automating Trading Strategies in MQL5 (Part 43): Adaptive Linear Regression Channel Strategy

In this article, we implement an adaptive Linear Regression Channel system in MQL5 that automatically calculates the regression line and standard deviation channel over a user-defined period, only activates when the slope exceeds a minimum threshold to confirm a clear trend, and dynamically recreates or extends the channel when the price breaks out by a configurable percentage of channel width.
Price Action Analysis Toolkit Development (Part 53): Pattern Density Heatmap for Support and Resistance Zone Discovery

Price Action Analysis Toolkit Development (Part 53): Pattern Density Heatmap for Support and Resistance Zone Discovery

This article introduces the Pattern Density Heatmap, a price‑action mapping tool that transforms repeated candlestick pattern detections into statistically significant support and resistance zones. Rather than treating each signal in isolation, the EA aggregates detections into fixed price bins, scores their density with optional recency weighting, and confirms levels against higher‑timeframe data. The resulting heatmap reveals where the market has historically reacted—levels that can be used proactively for trade timing, risk management, and strategy confidence across any trading style.
The MQL5 Standard Library Explorer (Part 4): Custom Signal Library

The MQL5 Standard Library Explorer (Part 4): Custom Signal Library

Today, we use the MQL5 Standard Library to build custom signal classes and let the MQL5 Wizard assemble a professional Expert Advisor for us. This approach simplifies development so that even beginner programmers can create robust EAs without in-depth coding knowledge, focusing instead on tuning inputs and optimizing performance. Join this discussion as we explore the process step by step.
Market Positioning Codex for VGT with Kendall's Tau and Distance Correlation

Market Positioning Codex for VGT with Kendall's Tau and Distance Correlation

In this article, we look to explore how a complimentary indicator pairing can be used to analyze the recent 5-year history of Vanguard Information Technology Index Fund ETF. By considering two options of algorithms, Kendall’s Tau and Distance-Correlation, we look to select not just an ideal indicator pair for trading the VGT, but also suitable signal-pattern pairings of these two indicators.