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About mql5

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Metatrader 5 / Metatrader 4 for MQL5 / MQL4 articles preview preview
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View mql5's Blog

Recent Entries

Trading strategy based on the improved Doji candlestick pattern recognition indicator

by mql5 on 09-13-2023 at 01:29 AM
The article "Improved candlestick pattern recognition illustrated by the example of Doji" dealt with the concept of metabars. In short, a metabar is a conditional combination of several consecutive bars into a large one. This is similar to a bar of a higher timeframe, but not exactly, since the size of the metabar is not fixed (it "floats" in a given range) and there is no binding to a specific start and end time of the bar. Therefore, the use of metabars allows traders to detect various patterns

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Everything you need to learn about the MQL5 program structure

by mql5 on 09-06-2023 at 01:24 AM
Every software in any programming language has a structure, after understanding this structure we can create or develop our software smoothly. MQL5 language's programs are the same as any other programming language has their structure and it is supposed to be understood by the developer to achieve the objectives of his project smoothly and effectively. In this article, we will provide information in this context to try to deliver its content easily as possible.
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Understand and efficiently use OpenCL API by recreating built-in support as DLL on Linux (Part 1): Motivation and validation

by mql5 on 09-05-2023 at 01:24 AM
OpenCL (Open Computing Language) is framework that allows users to write programs to execute across CPU (Central Processing Unit), GPU (Graphics Processing Unit), or dedicated accelerator device with benefit that it can speed up heavy computation required as per problem domain.


MetaTrader 5 supports OpenCL version 1.2. It has several built-in functions that users can take benefit in using of out-of-box.
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MetaTrader 5 Python package

by mql5 on 09-04-2023 at 01:24 AM
New version of MetaTrader5-Python-5.0.34 available for MetaTrader 5 build 2765
read more here.
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Cycle analysis using the Goertzel algorithm

by mql5 on 08-28-2023 at 01:14 AM


The Goertzel algorithm is a digital signal processing technique known for its efficiency in detecting particular frequency components. Its precision, real-time abilities, and computational efficiency make it suitable for financial time series analysis. In this article we will examine and demonstrate practical ways in which the method can be used to analyze dominant cycles for possible strategy development. We will take a look at the implementation of

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