In this article, we build a custom Keltner Channel indicator with advanced canvas graphics in MetaQuotes Language 5 (MQL5). The Keltner Channel calculates dynamic support and resistance levels using Moving Average (MA) and Average True Range (ATR) indicators, helping traders spot trend directions and potential breakouts. more...
Mini-articles with technical and fundamental analysis on the way as forecasts and levels - https://www.mql5.com/en/channels/forecast
With all the trading data and information such as indicators (there are more than 36 built-in indicators in MetaTrader 5), symbol pairs (there are more than 100 symbols) that can also be used as data for correlation strategies, there are also news which are valuable data for traders, etc. The point I'm trying to raise is that there is abundant information for traders to use in manual trading or when trying to build Artificial Intelligence models to help us make smart trading decisions in our ...
In this article, we focus on developing an Expert Advisor (EA) using MQL5, designed to identify potential market reversals. The EA employs the Parabolic SAR for signal detection, generating trading signals by monitoring technical indicators, evaluating their validity in real time, and identifying optimal exit points when predefined levels are reached. more...
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