Articles on trading system automation in MQL5
Read articles on the trading systems with a wide variety of ideas at the core. Learn how to use statistical methods and patterns on candlestick charts, how to filter signals and where to use semaphore indicators.
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Creating an EA that works automatically (Part 02): Getting started with the code
Today we'll see how to create an Expert Advisor that simply and safely works in automatic mode. In the previous article, we discussed the first steps that anyone needs to understand before proceeding to creating an Expert Advisor that trades automatically. We considered the concepts and the structure.
Testing patterns that arise when trading currency pair baskets. Part II
We continue testing the patterns and trying the methods described in the articles about trading currency pair baskets. Let's consider in practice, whether it is possible to use the patterns of the combined WPR graph crossing the moving average. If the answer is yes, we should consider the appropriate usage methods.
Statistical Carry Trade Strategy
An algorithm of statistical protection of open positive swap positions from unwanted price movements. This article features a variant of the carry trade protection strategy that allows to compensate for potential risk of the price movement in the direction opposite to that of the open position.
Neural networks made easy (Part 11): A take on GPT
Perhaps one of the most advanced models among currently existing language neural networks is GPT-3, the maximal variant of which contains 175 billion parameters. Of course, we are not going to create such a monster on our home PCs. However, we can view which architectural solutions can be used in our work and how we can benefit from them.
Universal Regression Model for Market Price Prediction
The market price is formed out of a stable balance between demand and supply which, in turn, depend on a variety of economic, political and psychological factors. Differences in nature as well as causes of influence of these factors make it difficult to directly consider all the components. This article sets forth an attempt to predict the market price on the basis of an elaborated regression model.
Library for easy and quick development of MetaTrader programs (part XVI): Symbol collection events
In this article, we will create a new base class of all library objects adding the event functionality to all its descendants and develop the class for tracking symbol collection events based on the new base class. We will also change account and account event classes for developing the new base object functionality.
Extending Strategy Builder Functionality
In the previous two articles, we discussed the application of Merrill patterns to various data types. An application was developed to test the presented ideas. In this article, we will continue working with the Strategy Builder, to improve its efficiency and to implement new features and capabilities.
Developing a trading Expert Advisor from scratch (Part 7): Adding Volume at Price (I)
This is one of the most powerful indicators currently existing. Anyone who trades trying to have a certain degree of confidence must have this indicator on their chart. Most often the indicator is used by those who prefer “tape reading” while trading. Also, this indicator can be utilized by those who use only Price Action while trading.
Learn how to design a trading system by Fractals
This article is a new one from our series about how to design a trading system based on the most popular technical indicators. We will learn a new indicator which Fractals indicator and we will learn how to design a trading system based on it to be executed in the MetaTrader 5 terminal.
Data Science and Machine Learning — Neural Network (Part 02): Feed forward NN Architectures Design
There are minor things to cover on the feed-forward neural network before we are through, the design being one of them. Let's see how we can build and design a flexible neural network to our inputs, the number of hidden layers, and the nodes for each of the network.
Neural networks made easy (Part 12): Dropout
As the next step in studying neural networks, I suggest considering the methods of increasing convergence during neural network training. There are several such methods. In this article we will consider one of them entitled Dropout.
Data Science and Machine Learning (Part 01): Linear Regression
It's time for us as traders to train our systems and ourselves to make decisions based on what number says. Not on our eyes, and what our guts make us believe, this is where the world is heading so, let us move perpendicular to the direction of the wave.
Learn how to design a trading system by MFI
The new article from our series about designing a trading system based on the most popular technical indicators considers a new technical indicator - the Money Flow Index (MFI). We will learn it in detail and develop a simple trading system by means of MQL5 to execute it in MetaTrader 5.
Trade Events in MetaTrader 5
A monitoring of the current state of a trade account implies controlling open positions and orders. Before a trade signal becomes a deal, it should be sent from the client terminal as a request to the trade server, where it will be placed in the order queue awaiting to be processed. Accepting of a request by the trade server, deleting it as it expires or conducting a deal on its basis - all those actions are followed by trade events; and the trade server informs the terminal about them.
Risk and capital management using Expert Advisors
This article is about what you can not see in a backtest report, what you should expect using automated trading software, how to manage your money if you are using expert advisors, and how to cover a significant loss to remain in the trading activity when you are using automated procedures.
Dr. Tradelove or How I Stopped Worrying and Created a Self-Training Expert Advisor
Just over a year ago joo, in his article "Genetic Algorithms - It's Easy!", gave us a tool for implementation of the genetic algorithm in MQL5. Now utilizing the tool we will create an Expert Advisor that will genetically optimize its own parameters upon certain boundary conditions...
Visualizing trading strategy optimization in MetaTrader 5
The article implements an MQL application with a graphical interface for extended visualization of the optimization process. The graphical interface applies the last version of EasyAndFast library. Many users may ask why they need graphical interfaces in MQL applications. This article demonstrates one of multiple cases where they can be useful for traders.
Library for easy and quick development of MetaTrader programs (part X): Compatibility with MQL4 - Events of opening a position and activating pending orders
In the previous articles, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. In the ninth part, we started improving the library classes for working with MQL4. Here we will continue improving the library to ensure its full compatibility with MQL4.
The market and the physics of its global patterns
In this article, I will try to test the assumption that any system with even a small understanding of the market can operate on a global scale. I will not invent any theories or patterns, but I will only use known facts, gradually translating these facts into the language of mathematical analysis.
Using the TesterWithdrawal() Function for Modeling the Withdrawals of Profit
This article describes the usage of the TesterWithDrawal() function for estimating risks in trade systems which imply the withdrawing of a certain part of assets during their operation. In addition, it describes the effect of this function on the algorithm of calculation of the drawdown of equity in the strategy tester. This function is useful when optimizing parameter of your Expert Advisors.
Market math: profit, loss and costs
In this article, I will show you how to calculate the total profit or loss of any trade, including commission and swap. I will provide the most accurate mathematical model and use it to write the code and compare it with the standard. Besides, I will also try to get on the inside of the main MQL5 function to calculate profit and get to the bottom of all the necessary values from the specification.
Can Heiken-Ashi Combined With Moving Averages Provide Good Signals Together?
Combinations of strategies may offer better opportunities. We can combine indicators or patterns together, or even better, indicators with patterns, so that we get an extra confirmation factor. Moving averages help us confirm and ride the trend. They are the most known technical indicators and this is because of their simplicity and their proven track record of adding value to analyses.
The RSI Deep Three Move Trading Technique
Presenting the RSI Deep Three Move Trading Technique in MetaTrader 5. This article is based on a new series of studies that showcase a few trading techniques based on the RSI, a technical analysis indicator used to measure the strength and momentum of a security, such as a stock, currency, or commodity.
Library for easy and quick development of MetaTrader programs (part XII): Account object class and collection of account objects
In the previous article, we defined position closure events for MQL4 in the library and got rid of the unused order properties. Here we will consider the creation of the Account object, develop the collection of account objects and prepare the functionality for tracking account events.
Learn how to design a trading system by Awesome Oscillator
In this new article in our series, we will learn about a new technical tool that may be useful in our trading. It is the Awesome Oscillator (AO) indicator. We will learn how to design a trading system by this indicator.
Data Science and Machine Learning — Neural Network (Part 01): Feed Forward Neural Network demystified
Many people love them but a few understand the whole operations behind Neural Networks. In this article I will try to explain everything that goes behind closed doors of a feed-forward multi-layer perception in plain English.
Developing a cross-platform grider EA (part III): Correction-based grid with martingale
In this article, we will make an attempt to develop the best possible grid-based EA. As usual, this will be a cross-platform EA capable of working both with MetaTrader 4 and MetaTrader 5. The first EA was good enough, except that it could not make a profit over a long period of time. The second EA could work at intervals of more than several years. Unfortunately, it was unable to yield more than 50% of profit per year with a maximum drawdown of less than 50%.
The Prototype of a Trading Robot
This article summarizes and systematizes the principles of creating algorithms and elements of trading systems. The article considers designing of expert algorithm. As an example the CExpertAdvisor class is considered, which can be used for quick and easy development of trading systems.
Building a Social Technology Startup, Part II: Programming an MQL5 REST Client
Let's now shape the PHP-based Twitter idea which was introduced in the first part of this article. We are assembling the different parts of the SDSS. Regarding the client side of the system architecture, we are relying on the new MQL5 WebRequest() function for sending trading signals via HTTP.
Brute force approach to pattern search (Part IV): Minimal functionality
The article presents an improved brute force version, based on the goals set in the previous article. I will try to cover this topic as broadly as possible using Expert Advisors with settings obtained using this method. A new program version is attached to this article.
Library for easy and quick development of MetaTrader programs (part XI). Compatibility with MQL4 - Position closure events
We continue the development of a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. In the tenth part, we resumed our work on the library compatibility with MQL4 and defined the events of opening positions and activating pending orders. In this article, we will define the events of closing positions and get rid of the unused order properties.
MVC design pattern and its possible application
The article discusses a popular MVC pattern, as well as the possibilities, pros and cons of its usage in MQL programs. The idea is to split an existing code into three separate components: Model, View and Controller.
Other classes in DoEasy library (Part 66): MQL5.com Signals collection class
In this article, I will create the signal collection class of the MQL5.com Signals service with the functions for managing signals. Besides, I will improve the Depth of Market snapshot object class for displaying the total DOM buy and sell volumes.
Creating a comprehensive Owl trading strategy
My strategy is based on the classic trading fundamentals and the refinement of indicators that are widely used in all types of markets. This is a ready-made tool allowing you to follow the proposed new profitable trading strategy.
Separate optimization of a strategy on trend and flat conditions
The article considers applying the separate optimization method during various market conditions. Separate optimization means defining trading system's optimal parameters by optimizing for an uptrend and downtrend separately. To reduce the effect of false signals and improve profitability, the systems are made flexible, meaning they have some specific set of settings or input data, which is justified because the market behavior is constantly changing.
Learn how to design a trading system by Relative Vigor Index
A new article in our series about how to design a trading system by the most popular technical indicator. In this article, we will learn how to do that by the Relative Vigor Index indicator.
Understanding order placement in MQL5
When creating any trading system, there is a task we need to deal with effectively. This task is order placement or to let the created trading system deal with orders automatically because it is crucial in any trading system. So, you will find in this article most of the topics that you need to understand about this task to create your trading system in terms of order placement effectively.
Improve Your Trading Charts With Interactive GUI's in MQL5 (Part III): Simple Movable Trading GUI
Join us in Part III of the "Improve Your Trading Charts With Interactive GUIs in MQL5" series as we explore the integration of interactive GUIs into movable trading dashboards in MQL5. This article builds on the foundations set in Parts I and II, guiding readers to transform static trading dashboards into dynamic, movable ones.
Data Science and Machine Learning (Part 03): Matrix Regressions
This time our models are being made by matrices, which allows flexibility while it allows us to make powerful models that can handle not only five independent variables but also many variables as long as we stay within the calculations limits of a computer, this article is going to be an interesting read, that's for sure.
Timeseries in DoEasy library (part 36): Object of timeseries for all used symbol periods
In this article, we will consider combining the lists of bar objects for each used symbol period into a single symbol timeseries object. Thus, each symbol will have an object storing the lists of all used symbol timeseries periods.