The Edgoro blog
Step-by-step guides for TradingView and MetaTrader 5, plain-English explanations of strategy and risk, and honest notes on what AI can and can't do for your trading.
Prop firm challenge rules explained: daily loss, drawdown and the fine print
What profit targets, daily loss limits, static and trailing drawdown, minimum days and EA rules actually mean — and how to size trades so one bad day doesn't end your challenge.
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What AI chart analysis can (and can't) do for your trading
An honest look at screenshot-based AI chart analysis: what a model can reliably read from a chart, where it goes wrong, and how to use it as a second opinion rather than a signal.
RiskThe MQL5 Expert Advisor risk checklist: 12 checks before you go live
A practical pre-flight checklist for MetaTrader 5 EAs — risk-based lot sizing, broker limits, spread and session filters, daily loss guards and safe order handling, with MQL5 code.
StrategySmart money concepts explained without the hype
Market structure, BOS and CHoCH, liquidity sweeps, order blocks, fair value gaps and premium/discount — defined plainly, with what each one needs to become a testable rule.
Strategy8 backtesting mistakes that make a strategy look better than it is
Look-ahead bias, repainting, overfitting, missing costs and unrealistic fills — how each one inflates a backtest, how to spot it, and how to fix it in TradingView and MT5.
RiskPosition sizing and the 1% rule: how much to risk per trade
How to turn a fixed percentage of your account into a position size for forex, stocks and futures, why small risk per trade matters, and when to adjust the 1% guideline.
AIHow to describe a trading strategy to AI so the code does what you mean
A practical template for writing strategy prompts that produce correct Pine Script and MQL5: precise entries and exits, risk rules, filters and inputs — plus the ambiguous words to avoid.
GuidesPine Script v6 for beginners: the concepts that make everything click
A beginner-friendly tour of Pine Script v6 — how scripts run bar by bar, series and history, inputs, plots, strategies and what changed from v5 — with working examples.
PlatformsHow to install an Expert Advisor on MetaTrader 5 (step by step)
Copy, compile and attach an MQL5 Expert Advisor in MT5: the right folder, MetaEditor, Algo Trading settings, inputs, the Strategy Tester and fixes for the most common errors.
PlatformsHow to add a Pine Script indicator to TradingView
Paste, save and add a Pine Script v6 indicator or strategy to your TradingView chart in a few minutes — plus how to change its settings, create alerts and fix common compile errors.
Turn your next idea into code
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