Market Entropy Indicator logic has been formalized into an MQL5 Expert Advisor to remove manual monitoring issues such as inconsistent interpretation and late capture of compression-to-expansion transitions.
The EA computes fast/slow/base Shannon entropy from up/down/flat bar states on every tick, then derives divergence, momentum, regime (trend/transition/chaotic), and compression/decompression states. Signals come from entropy crossovers with momentum and regime filters, plus compression breakout and decompression-end triggers.
Execution is deterministic and parameterized: LotSize, SL/TP, MagicNumber, MinSignalGap, optional reverse-on-opposite-signal, and retry logic. It renders arrows and regime labels, enforces one trade per bar, supports daily resets, and logs all actions for Strategy Tester and live validation.
#MQL5 #MT5 #EA #Entropy
mql5.com/en/articles/21742?u…