In this article, we build an MQL5-powered tool that simplifies price-action trading. The system automates a strategy based on four elements: a dual Commodity Channel Index (CCI), a 34-period Exponential Moving Average (EMA), the Average True Range (ATR), and pure price action. After reviewing each indicator and outlining the full trading strategy, we will walk through the step-by-step development of the Expert Advisor, test it, analyze the results, and draw conclusions. A summary of the other tools
Mini-articles with technical and fundamental analysis on the way as forecasts and levels -
https://www.mql5.com/en/channels/forecast
more...In this discussion, we build on the foundation laid in the previous article, where we created a scrolling horizontal bar on the chart to display upcoming news events along with countdown timers indicating how much time remains before each release in order of importance. We concluded that article with a placeholder for live news feed—and now, we’re ready to bring that feature to life.
more...Today’s discussion aims to address the challenge of analyzing candlestick patterns using geometric approaches. In our recent article, From Novice to Expert: Programming Candlesticks, we focused on identifying simple candlestick patterns, which are typically composed of just a few candles. However, when working with larger sequences of candlesticks, pattern recognition becomes more complex, as consistency tends to diminish over long series.
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