MQL4 and MQL5 Programming Articles
Study the MQL5 language for programming trading strategies in numerous published articles mostly written by you - the community members. The articles are grouped into categories to help you quicker find answers to any questions related to programming: Integration, Tester, Trading Strategies, etc.
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LifeHack for trader: "Quiet" optimization or Plotting trade distributions
Analysis of the trade history and plotting distribution charts of trading results in HTML depending on position entry time. The charts are displayed in three sections - by hours, by days of the week...
MQL5 vs QLUA - Why trading operations in MQL5 are up to 28 times faster?
Have you ever wondered how quickly your order is delivered to the exchange, how fast it is executed, and how much time your terminal needs in order to receive the operation result? We have prepared a...
Cross-Platform Expert Advisor: Orders
MetaTrader 4 and MetaTrader 5 uses different conventions in processing trade requests. This article discusses the possibility of using a class object that can be used to represent the trades processed...
MQL5 Cookbook - Trading signals of moving channels
The article describes the process of developing and implementing a class for sending signals based on the moving channels. Each of the signal version is followed by a trading strategy with testing...
How to quickly develop and debug a trading strategy in MetaTrader 5
Scalping automatic systems are rightfully regarded the pinnacle of algorithmic trading, but at the same time their code is the most difficult to write. In this article we will show how to build...
How to copy signals using an EA by your rules?
When you subscribe to signals, such situation may occur: your trade account has a leverage of 1:100, the provider has a leverage of 1:500 and trades using the minimal lot, and your trade balances are...
Graphical Interfaces X: Updates for Easy And Fast Library (Build 2)
Since the publication of the previous article in the series, Easy And Fast library has received some new features. The library structure and code have been partially optimized slightly reducing CPU...
Graphical Interfaces IX: The Progress Bar and Line Chart Controls (Chapter 2)
The second chapter of the part nine is dedicated to the progress bar and line chart controls. As always, there will be detailed examples provided to reveal how these controls can be used in custom MQL...
Graphical Interfaces IX: The Color Picker Control (Chapter 1)
With this article we begin chapter nine of series of articles dedicated to creating graphical interfaces in MetaTrader trading terminals. It consists of two chapters where new elements of controls and...
Cross-Platform Expert Advisor: Reuse of Components from the MQL5 Standard Library
There exists some components in the MQL5 Standard Library that may prove to be useful in the MQL4 version of cross-platform expert advisors. This article deals with a method of making certain...
LifeHack for trader: four backtests are better than one
Before the first single test, every trader faces the same question — "Which of the four modes to use?" Each of the provided modes has its advantages and features, so we will do it the easy way - run...
Graphical Interfaces VIII: the File Navigator Control (Chapter 3)
In the previous chapters of the eighth part of the series, our library has been reinforced by several classes for developing mouse pointers, calendars and tree views. The current article deals with...
Cross-Platform Expert Advisor: Introduction
This article details a method by which cross-platform expert advisors can be developed faster and easier. The proposed method consolidates the features shared by both versions into a single class, and...
Graphical Interfaces VIII: The Tree View Control (Chapter 2)
The previous chapter of part VIII on graphical interfaces has focused on the elements of static and drop-down calendar. The second chapter will be dedicated to an equally complex element — a tree view...
Graphical Interfaces VIII: The Calendar Control (Chapter 1)
In the part VIII of the series of articles dedicated to creating graphical interfaces in MetaTrader, we will consider complex composite controls like calendars, tree view, and file navigator. Due to...
Graphical Interfaces VII: The Tabs Control (Chapter 2)
The first chapter of seventh part introduced three classes of controls for creating tables: text label table (CLabelsTable), edit box table (CTable) and rendered table (CCanvasTable). In this article...
Testing trading strategies on real ticks
The article provides the results of testing a simple trading strategy in three modes: "1 minute OHLC", "Every tick" and "Every tick based on real ticks" using actual historical data.
Graphical Interfaces VII: the Tables Controls (Chapter 1)
The seventh part of the series on MetaTrader graphical interfaces deals with three table types: text label, edit box and rendered one. Another important and frequently used controls are tabs allowing...
The checks a trading robot must pass before publication in the Market
Before any product is published in the Market, it must undergo compulsory preliminary checks in order to ensure a uniform quality standard. This article considers the most frequent errors made by...
LifeHack for Traders: Indicators of Balance, Drawdown, Load and Ticks during Testing
How to make the testing process more visual? The answer is simple: you need to use one or more indicators in the Strategy Tester, including a tick indicator, an indicator of balance and equity, an...
False trigger protection for Trading Robot
Profitability of trading systems is defined not only by logic and precision of analyzing the financial instrument dynamics, but also by the quality of the performance algorithm of this logic. False...
Using text files for storing input parameters of Expert Advisors, indicators and scripts
The article describes the application of text files for storing dynamic objects, arrays and other variables used as properties of Expert Advisors, indicators and scripts. The files serve as a...
How to create an indicator of non-standard charts for MetaTrader Market
Through offline charts, programming in MQL4, and reasonable willingness, you can get a variety of chart types: "Point & Figure", "Renko", "Kagi", "Range bars", equivolume charts, etc. In this article,...
Evaluating the effectiveness of trading systems by analyzing their components
This article explores the effectiveness of complex trading systems by analyzing the efficiency of its individual components. Any analysis, whether it is graphic, based on indicators, or any other, is...
Applying fuzzy logic in trading by means of MQL4
The article deals with examples of applying fuzzy set theory in trading by means of MQL4. The use of FuzzyNet library for MQL4 in the development of an indicator and an Expert Advisor is described as...
Deep neural network with Stacked RBM. Self-training, self-control
This article is a continuation of previous articles on deep neural network and predictor selection. Here we will cover features of a neural network initiated by Stacked RBM, and its implementation in...
Enhancing the StrategyTester to Optimize Indicators Solely on the Example of Flat and Trend Markets
It is essential to detect whether a market is flat or not for many strategies. Using the well known ADX we demonstrate how we can use the Strategy Tester not only to optimize this indicator for our...
Thomas DeMark's contribution to technical analysis
The article details TD points and TD lines discovered by Thomas DeMark. Their practical implementation is revealed. In addition to that, a process of writing three indicators and two Expert Advisors...
Fuzzy logic to create manual trading strategies
This article suggests the ways of improving manual trading strategy by applying fuzzy set theory. As an example we have provided a step-by-step description of the strategy search and the selection of...
Price Action. Automating the Engulfing Pattern Trading Strategy
This article describes a process of creating an Expert Advisor for MetaTrader 4 based on the Engulfing pattern, as well as the pattern recognition principle, rules of setting pending orders and stop...
How to Develop a Profitable Trading Strategy
This article provides an answer to the question: "Is it possible to formulate an automated trading strategy based on history data with neural networks?".
Price Action. Automating the Inside Bar Trading Strategy
The article describes the development of a MetaTrader 4 Expert Advisor based on the Inside Bar strategy, including Inside Bar detection principles, as well as pending and stop order setting rules....
Managing the MetaTrader Terminal via DLL
The article deals with managing MetaTrader user interface elements via an auxiliary DLL library using the example of changing push notification delivery settings. The library source code and the...
Statistical Verification of the Labouchere Money Management System
In this article, we test the statistical properties of the Labouchere money management system. It is considered to be a less aggressive kind of Martingale, since bets are not doubled, but are raised...
Identifying Trade Setups by Support, Resistance and Price Action
This article shows how price action and the monitoring of support and resistance levels can be used for well-timed market entry. It discusses a trading system that effectively combines the two for the...
Trading Ideas Based on Prices' Direction and Movement Speed
The article provides a review of an idea based on the analysis of prices' movement direction and their speed. We have performed its formalization in the MQL4 language presented as an expert advisor to...
How we developed the MetaTrader Signals service and Social Trading
We continue to enhance the Signals service, improve the mechanisms, add new functions and fix flaws. The MetaTrader Signals Service of 2012 and the current MetaTrader Signals Service are like two...
Why Is It Important to Update MetaTrader 4 to the Latest Build by August 1?
From August 1, 2014, MetaTrader 4 desktop terminals older than build 600 will no longer be supported. However, many traders still work with outdated versions and are unaware of the updated platform's...
Common Errors in MQL4 Programs and How to Avoid Them
To avoid critical completion of programs, the previous version compiler handled many errors in the runtime environment. For example, division by zero or array out of range are critical errors and...
Upgrade to MetaTrader 4 Build 600 and Higher
The new version of the MetaTrader 4 terminal features the updated structure of user data storage. In earlier versions all programs, templates, profiles etc. were stored directly in terminal...