MQL4 and MQL5 Programming Articles

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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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Library for easy and quick development of MetaTrader programs (part VI): Netting account events
Library for easy and quick development of MetaTrader programs (part VI): Netting account events

Library for easy and quick development of MetaTrader programs (part VI): Netting account events

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 fifth part of the article series, we created trading event classes and the event collection, from which the events are sent to the base object of the Engine library and the control program chart. In this part, we will let the library to work on netting accounts.
Graphics in DoEasy library (Part 89): Programming standard graphical objects. Basic functionality
Graphics in DoEasy library (Part 89): Programming standard graphical objects. Basic functionality

Graphics in DoEasy library (Part 89): Programming standard graphical objects. Basic functionality

Currently, the library is able to track standard graphical objects on the client terminal chart, including their removal and modification of some of their parameters. At the moment, it lacks the ability to create standard graphical objects from custom programs.
Other classes in DoEasy library (Part 70): Expanding functionality and auto updating the chart object collection
Other classes in DoEasy library (Part 70): Expanding functionality and auto updating the chart object collection

Other classes in DoEasy library (Part 70): Expanding functionality and auto updating the chart object collection

In this article, I will expand the functionality of chart objects and arrange navigation through charts, creation of screenshots, as well as saving and applying templates to charts. Also, I will implement auto update of the collection of chart objects, their windows and indicators within them.
MQL4 Language for Newbies. Difficult Questions in Simple Phrases.
MQL4 Language for Newbies. Difficult Questions in Simple Phrases.

MQL4 Language for Newbies. Difficult Questions in Simple Phrases.

This is the second article from the series "MQL4 Language for Newbies". Now we will examine more complex and advanced constructions of the language, learn new options and see, how they can be applied in everyday practice. You will get acquainted with a new cycle type 'while', new condition type 'switch', operators 'break' and 'continue'. Besides you will learn to write your own functions and work with multidimensional arrays. And for a dessert I have prepared an explanation about a preprocessor.
Filtering Signals Based on Statistical Data of Price Correlation
Filtering Signals Based on Statistical Data of Price Correlation

Filtering Signals Based on Statistical Data of Price Correlation

Is there any correlation between the past price behavior and its future trends? Why does the price repeat today the character of its previous day movement? Can the statistics be used to forecast the price dynamics? There is an answer, and it is positive. If you have any doubt, then this article is for you. I'll tell how to create a working filter for a trading system in MQL5, revealing an interesting pattern in price changes.
Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Part II)
Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Part II)

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Part II)

In this article the author continues to analyze implementation algorithms of simplest trading systems and describes some relevant details of using optimization results. The article will be useful for beginning traders and EA writers.
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Automating Trading Strategies in MQL5 (Part 11): Developing a Multi-Level Grid Trading System

Automating Trading Strategies in MQL5 (Part 11): Developing a Multi-Level Grid Trading System

In this article, we develop a multi-level grid trading system EA using MQL5, focusing on the architecture and algorithm design behind grid trading strategies. We explore the implementation of multi-layered grid logic and risk management techniques to handle varying market conditions. Finally, we provide detailed explanations and practical tips to guide you through building, testing, and refining the automated trading system.
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Population optimization algorithms: Particle swarm (PSO)

Population optimization algorithms: Particle swarm (PSO)

In this article, I will consider the popular Particle Swarm Optimization (PSO) algorithm. Previously, we discussed such important characteristics of optimization algorithms as convergence, convergence rate, stability, scalability, as well as developed a test stand and considered the simplest RNG algorithm.
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Gradient boosting in transductive and active machine learning

Gradient boosting in transductive and active machine learning

In this article, we will consider active machine learning methods utilizing real data, as well discuss their pros and cons. Perhaps you will find these methods useful and will include them in your arsenal of machine learning models. Transduction was introduced by Vladimir Vapnik, who is the co-inventor of the Support-Vector Machine (SVM).
MQL5 Programming Basics: Global Variables of the Terminal
MQL5 Programming Basics: Global Variables of the Terminal

MQL5 Programming Basics: Global Variables of the Terminal

This article highlights object-oriented capabilities of the MQL5 language for creating objects facilitating work with global variables of the terminal. As a practical example I consider a case when global variables are used as control points for implementation of program stages.
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Building A Candlestick Trend Constraint Model(Part 2): Merging Native Indicators

Building A Candlestick Trend Constraint Model(Part 2): Merging Native Indicators

This article focuses on taking advantage of in-built meta trader 5 indicators to screen out off-trend signals. Advancing from the previous article we will explore how to do it using MQL5 code to communicate our idea to the final program.
MetaEditor:Templates as a Spot to Stand On
MetaEditor:Templates as a Spot to Stand On

MetaEditor:Templates as a Spot to Stand On

It may be news to many our readers that all preparations for writing an EA can be performed once and then used continuously.
Library for easy and quick development of MetaTrader programs (part IX): Compatibility with MQL4 - Preparing data
Library for easy and quick development of MetaTrader programs (part IX): Compatibility with MQL4 - Preparing data

Library for easy and quick development of MetaTrader programs (part IX): Compatibility with MQL4 - Preparing data

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 eighth part, we implemented the class for tracking order and position modification events. Here, we will improve the library by making it fully compatible with MQL4.
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Learn how to design a trading system by Force Index

Learn how to design a trading system by Force Index

Welcome to a new article in our series about how to design a trading system by the most popular technical indicators. In this article, we will learn about a new technical indicator and how to create a trading system using the Force Index indicator.
Prices in DoEasy library (part 60): Series list of symbol tick data
Prices in DoEasy library (part 60): Series list of symbol tick data

Prices in DoEasy library (part 60): Series list of symbol tick data

In this article, I will create the list for storing tick data of a single symbol and check its creation and retrieval of required data in an EA. Tick data lists that are individual for each used symbol will further constitute a collection of tick data.
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Modified Grid-Hedge EA in MQL5 (Part I): Making a Simple Hedge EA

Modified Grid-Hedge EA in MQL5 (Part I): Making a Simple Hedge EA

We will be creating a simple hedge EA as a base for our more advanced Grid-Hedge EA, which will be a mixture of classic grid and classic hedge strategies. By the end of this article, you will know how to create a simple hedge strategy, and you will also get to know what people say about whether this strategy is truly 100% profitable.
Calculation of Integral Characteristics of Indicator Emissions
Calculation of Integral Characteristics of Indicator Emissions

Calculation of Integral Characteristics of Indicator Emissions

Indicator emissions are a little-studied area of market research. Primarily, this is due to the difficulty of analysis that is caused by the processing of very large arrays of time-varying data. Existing graphical analysis is too resource intensive and has therefore triggered the development of a parsimonious algorithm that uses time series of emissions. This article demonstrates how visual (intuitive image) analysis can be replaced with the study of integral characteristics of emissions. It can be of interest to both traders and developers of automated trading systems.
Running MetaTrader 4 Client Terminal on Linux-Desktop
Running MetaTrader 4 Client Terminal on Linux-Desktop

Running MetaTrader 4 Client Terminal on Linux-Desktop

Description of a step-by-step Linux-desktop setup using a non-emulator wine for running MetaTrader 4 Client Terminal on it.
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MQL5 — You too can become a master of this language

MQL5 — You too can become a master of this language

This article will be a kind of interview with myself, in which I will tell you how I took my first steps in the MQL5 language. I will show you how you can become a great MQL5 programmer. I will explain the necessary bases for you to achieve this feat. The only prerequisite is a willingness to learn.
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Algorithmic Trading With MetaTrader 5 And R For Beginners

Algorithmic Trading With MetaTrader 5 And R For Beginners

Embark on a compelling exploration where financial analysis meets algorithmic trading as we unravel the art of seamlessly uniting R and MetaTrader 5. This article is your guide to bridging the realms of analytical finesse in R with the formidable trading capabilities of MetaTrader 5.
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Data Science and Machine Learning (Part 04): Predicting Current Stock Market Crash

Data Science and Machine Learning (Part 04): Predicting Current Stock Market Crash

In this article I am going to attempt to use our logistic model to predict the stock market crash based upon the fundamentals of the US economy, the NETFLIX and APPLE are the stocks we are going to focus on, Using the previous market crashes of 2019 and 2020 let's see how our model will perform in the current dooms and glooms.
Graphics in DoEasy library (Part 80): "Geometric animation frame" object class
Graphics in DoEasy library (Part 80): "Geometric animation frame" object class

Graphics in DoEasy library (Part 80): "Geometric animation frame" object class

In this article, I will optimize the code of classes from the previous articles and create the geometric animation frame object class allowing us to draw regular polygons with a given number of vertices.
Building an Interactive Application to Display RSS Feeds in MetaTrader 5
Building an Interactive Application to Display RSS Feeds in MetaTrader 5

Building an Interactive Application to Display RSS Feeds in MetaTrader 5

In this article we look at the possibility of creating an application for the display of RSS feeds. The article will show how aspects of the Standard Library can be used to create interactive programs for MetaTrader 5.
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Learn how to design a trading system by DeMarker

Learn how to design a trading system by DeMarker

Here is a new article in our series about how to design a trading system by the most popular technical indicators. In this article, we will present how to create a trading system by the DeMarker indicator.
Drawing Horizontal Break-Through Levels Using Fractals
Drawing Horizontal Break-Through Levels Using Fractals

Drawing Horizontal Break-Through Levels Using Fractals

The article describes creation of an indicator that would display the support/resistance levels using up/down fractals.
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Neural networks made easy (Part 36): Relational Reinforcement Learning

Neural networks made easy (Part 36): Relational Reinforcement Learning

In the reinforcement learning models we discussed in previous article, we used various variants of convolutional networks that are able to identify various objects in the original data. The main advantage of convolutional networks is the ability to identify objects regardless of their location. At the same time, convolutional networks do not always perform well when there are various deformations of objects and noise. These are the issues which the relational model can solve.
What Is a Martingale?
What Is a Martingale?

What Is a Martingale?

A short description of various illusions that come up when people trade using martingale betting strategies or misuse spiking and the like approaches.
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Experiments with neural networks (Part 6): Perceptron as a self-sufficient tool for price forecast

Experiments with neural networks (Part 6): Perceptron as a self-sufficient tool for price forecast

The article provides an example of using a perceptron as a self-sufficient price prediction tool by showcasing general concepts and the simplest ready-made Expert Advisor followed by the results of its optimization.
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Creating an EA that works automatically (Part 03): New functions

Creating an EA that works automatically (Part 03): New functions

Today we'll see how to create an Expert Advisor that simply and safely works in automatic mode. In the previous article, we started to develop an order system that we will use in our automated EA. However, we have created only one of the necessary functions.
MQL5 Cloud Network: Are You Still Calculating?
MQL5 Cloud Network: Are You Still Calculating?

MQL5 Cloud Network: Are You Still Calculating?

It will soon be a year and a half since the MQL5 Cloud Network has been launched. This leading edge event ushered in a new era of algorithmic trading - now with a couple of clicks, traders can have hundreds and thousands of computing cores at their disposal for the optimization of their trading strategies.
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Learn how to design a trading system by Chaikin Oscillator

Learn how to design a trading system by Chaikin Oscillator

Welcome to our new article from our series about learning how to design a trading system by the most popular technical indicator. Through this new article, we will learn how to design a trading system by the Chaikin Oscillator indicator.
A Library for Constructing a Chart via Google Chart API
A Library for Constructing a Chart via Google Chart API

A Library for Constructing a Chart via Google Chart API

The construction of various types of diagrams is an essential part of the analyses of the market situation and the testing of a trading system. Frequently, in order to construct a nice looking diagram, it is necessary to organize the data output into a file, after which it is used in applications such as MS Excel. This is not very convenient and deprives us of the ability to dynamically update the data. Google Charts API provided the means for creating charts in online modes, by sending a special request to the server. In this article we attempt to automate the process of creating such a request and obtaining a chart from the Google server.
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Neural networks made easy (Part 30): Genetic algorithms

Neural networks made easy (Part 30): Genetic algorithms

Today I want to introduce you to a slightly different learning method. We can say that it is borrowed from Darwin's theory of evolution. It is probably less controllable than the previously discussed methods but it allows training non-differentiable models.
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Creating Graphical Panels Became Easy in MQL5

Creating Graphical Panels Became Easy in MQL5

In this article, we will provide a simple and easy guide to anyone who needs to create one of the most valuable and helpful tools in trading which is the graphical panel to simplify and ease doing tasks around trading which helps to save time and focus more on your trading process itself without any distractions.
Universal regression model for market price prediction (Part 2): Natural, technological and social transient functions
Universal regression model for market price prediction (Part 2): Natural, technological and social transient functions

Universal regression model for market price prediction (Part 2): Natural, technological and social transient functions

This article is a logical continuation of the previous one. It highlights the facts that confirm the conclusions made in the first article. These facts were revealed within ten years after its publication. They are centered around three detected dynamic transient functions describing the patterns in market price changes.
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Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5

Cascade Order Trading Strategy Based on EMA Crossovers for MetaTrader 5

The article guides in demonstrating an automated algorithm based on EMA Crossovers for MetaTrader 5. Detailed information on all aspects of demonstrating an Expert Advisor in MQL5 and testing it in MetaTrader 5 - from analyzing price range behaviors to risk management.
Jeremy Scott - Successful MQL5 Market Seller
Jeremy Scott - Successful MQL5 Market Seller

Jeremy Scott - Successful MQL5 Market Seller

Jeremy Scott who is better known under Johnnypasado nickname at MQL5.community became famous offering products in our MQL5 Market service. Jeremy has already made several thousands of dollars in the Market and that is not the limit. We decided to take a closer look at the future millionaire and receive some pieces of advice for MQL5 Market sellers.
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Developing a Replay System — Market simulation (Part 03): Adjusting the settings (I)

Developing a Replay System — Market simulation (Part 03): Adjusting the settings (I)

Let's start by clarifying the current situation, because we didn't start in the best way. If we don't do it now, we'll be in trouble soon.
Graphical interfaces X: New features for the Rendered table (build 9)
Graphical interfaces X: New features for the Rendered table (build 9)

Graphical interfaces X: New features for the Rendered table (build 9)

Until today, the CTable was the most advanced type of tables among all presented in the library. This table is assembled from edit boxes of the OBJ_EDIT type, and its further development becomes problematic. Therefore, in terms of maximum capabilities, it is better to develop rendered tables of the CCanvasTable type even at the current development stage of the library. Its current version is completely lifeless, but starting from this article, we will try to fix the situation.
Principles of Time Transformation in Intraday Trading
Principles of Time Transformation in Intraday Trading

Principles of Time Transformation in Intraday Trading

This article contains the concept of operation time that allows to receive more even price flow. It also contains the code of the changed moving average with an allowance for this time transformation.