Self Optimizing Expert Advisor With MQL5 And Python (Part V): Deep Markov Models
In this discussion, we will apply a simple Markov Chain on an RSI Indicator, to observe how price behaves after the indicator passes through key levels. We concluded that the strongest buy and sell signals on the NZDJPY pair are generated when the RSI is in the 11-20 range and 71-80 range, respectively. We will demonstrate how you can manipulate your data, to create optimal trading strategies that are learned directly from the data you have. Furthermore, we will demonstrate how to train a deep neural network to learn to use the transition matrix optimally.
Neural networks made easy (Part 35): Intrinsic Curiosity Module
We continue to study reinforcement learning algorithms. All the algorithms we have considered so far required the creation of a reward policy to enable the agent to evaluate each of its actions at each transition from one system state to another. However, this approach is rather artificial. In practice, there is some time lag between an action and a reward. In this article, we will get acquainted with a model training algorithm which can work with various time delays from the action to the reward.
Moving to MQL5 Algo Forge (Part 2): Working with Multiple Repositories
In this article, we are considering one of the possible approaches to organizing the storage of the project's source code in a public repository. We will distribute the code across different branches to establish clear and convenient rules for the project development.
Data Science and Machine Learning (Part 19): Supercharge Your AI models with AdaBoost
AdaBoost, a powerful boosting algorithm designed to elevate the performance of your AI models. AdaBoost, short for Adaptive Boosting, is a sophisticated ensemble learning technique that seamlessly integrates weak learners, enhancing their collective predictive strength.
Brute force approach to patterns search (Part V): Fresh angle
In this article, I will show a completely different approach to algorithmic trading I ended up with after quite a long time. Of course, all this has to do with my brute force program, which has undergone a number of changes that allow it to solve several problems simultaneously. Nevertheless, the article has turned out to be more general and as simple as possible, which is why it is also suitable for those who know nothing about brute force.
Neural Networks Made Easy (Part 94): Optimizing the Input Sequence
When working with time series, we always use the source data in their historical sequence. But is this the best option? There is an opinion that changing the sequence of the input data will improve the efficiency of the trained models. In this article I invite you to get acquainted with one of the methods for optimizing the input sequence.
Pure implementation of RSA encryption in MQL5
MQL5 lacks built-in asymmetric cryptography, making secure data exchange over insecure channels like HTTP difficult. This article presents a pure MQL5 implementation of RSA using PKCS#1 v1.5 padding, enabling safe transmission of AES session keys and small data blocks without external libraries. This approach provides HTTPS-like security over standard HTTP and even more, it fills an important gap in secure communication for MQL5 applications.
Pipelines in MQL5
In this piece, we look at a key data preparation step for machine learning that is gaining rapid significance. Data Preprocessing Pipelines. These in essence are a streamlined sequence of data transformation steps that prepare raw data before it is fed to a model. As uninteresting as this may initially seem to the uninducted, this ‘data standardization’ not only saves on training time and execution costs, but it goes a long way in ensuring better generalization. In this article we are focusing on some SCIKIT-LEARN preprocessing functions, and while we are not exploiting the MQL5 Wizard, we will return to it in coming articles.
Creation of an Automated Trading System
You must admit that it sounds alluringly - you become a fortunate possessor of a program that can develop for you a profitable automated trading system (ATC) within a few minutes. All you need is to enter desirable inputs and press Enter. And - here you are, take your ATC tested and having positive expected payoff. Where thousands of people spend thousands of hours on developing that very unique ATC, which will "wine and dine", these statements soundб to put it mildly, very hollow. On the one hand, this really looks a little larger than life... However, to my mind, this problem can be solved.
Timeseries in DoEasy library (part 50): Multi-period multi-symbol standard indicators with a shift
In the article, let’s improve library methods for correct display of multi-symbol multi-period standard indicators, which lines are displayed on the current symbol chart with a shift set in the settings. As well, let’s put things in order in methods of work with standard indicators and remove the redundant code to the library area in the final indicator program.
Neural Networks in Trading: Hierarchical Vector Transformer (HiVT)
We invite you to get acquainted with the Hierarchical Vector Transformer (HiVT) method, which was developed for fast and accurate forecasting of multimodal time series.
Data Science and Machine Learning (Part 17): Money in the Trees? The Art and Science of Random Forests in Forex Trading
Discover the secrets of algorithmic alchemy as we guide you through the blend of artistry and precision in decoding financial landscapes. Unearth how Random Forests transform data into predictive prowess, offering a unique perspective on navigating the complex terrain of stock markets. Join us on this journey into the heart of financial wizardry, where we demystify the role of Random Forests in shaping market destiny and unlocking the doors to lucrative opportunities
Building a Keltner Channel Indicator with Custom Canvas Graphics in MQL5
In this article, we build a Keltner Channel indicator with custom canvas graphics in MQL5. We detail the integration of moving averages, ATR calculations, and enhanced chart visualization. We also cover backtesting to evaluate the indicator’s performance for practical trading insights.
The MQL5 Standard Library Explorer (Part 5): Multiple Signal Expert
In this session, we will build a sophisticated, multi-signal Expert Advisor using the MQL5 Standard Library. This approach allows us to seamlessly blend built-in signals with our own custom logic, demonstrating how to construct a powerful and flexible trading algorithm. For more, click to read further.
Chaos theory in trading (Part 1): Introduction, application in financial markets and Lyapunov exponent
Can chaos theory be applied to financial markets? In this article, we will consider how conventional Chaos theory and chaotic systems are different from the concept proposed by Bill Williams.
News Trading Made Easy (Part 5): Performing Trades (II)
This article will expand on the trade management class to include buy-stop and sell-stop orders to trade news events and implement an expiration constraint on these orders to prevent any overnight trading. A slippage function will be embedded into the expert to try and prevent or minimize possible slippage that may occur when using stop orders in trading, especially during news events.
Larry Williams Market Secrets (Part 9): Patterns to Profit
An empirical study of Larry Williams' short-term trading patterns, showing how classic setups can be automated in MQL5, tested on real market data, and evaluated for consistency, profitability, and practical trading value.
Ten Basic Errors of a Newcomer in Trading
There are ten basic errors of a newcomer intrading: trading at market opening, undue hurry in taking profit, adding of lots in a losing position, closing positions starting with the best one, revenge, the most preferable positions, trading by the principle of 'bought for ever', closing of a profitable strategic position on the first day, closing of a position when alerted to open an opposite position, doubts.
MQL5 Wizard Techniques you should know (Part 84): Using Patterns of Stochastic Oscillator and the FrAMA - Conclusion
The Stochastic Oscillator and the Fractal Adaptive Moving Average are an indicator pairing that could be used for their ability to compliment each other within an MQL5 Expert Advisor. We introduced this pairing in the last article, and now look to wrap up by considering its 5 last signal patterns. In exploring this, as always, we use the MQL5 wizard to build and test out their potential.
Building an Object-Oriented FVG Scanner in MQL5
Create an object-oriented fair value gap (FVG) scanner in MQL5 and display liquidity gaps directly on a MetaTrader 5 chart, this article formalizes the imbalance geometry based on three candlesticks, synchronizes OHLC arrays with CopyRates, manages rectangles without leaks, and monitors mitigation in real time. It also shows how to integrate this class into an Expert Advisor with a strict new bar filter for stable and efficient execution.
Multiple Symbol Analysis With Python And MQL5 (Part 3): Triangular Exchange Rates
Traders often face drawdowns from false signals, while waiting for confirmation can lead to missed opportunities. This article introduces a triangular trading strategy using Silver’s pricing in Dollars (XAGUSD) and Euros (XAGEUR), along with the EURUSD exchange rate, to filter out noise. By leveraging cross-market relationships, traders can uncover hidden sentiment and refine their entries in real time.
From Novice to Expert: Parameter Control Utility
Imagine transforming the traditional EA or indicator input properties into a real-time, on-chart control interface. This discussion builds upon our foundational work in the Market Periods Synchronizer indicator, marking a significant evolution in how we visualize and manage higher-timeframe (HTF) market structures. Here, we turn that concept into a fully interactive utility—a dashboard that brings dynamic control and enhanced multi-period price action visualization directly onto the chart. Join us as we explore how this innovation reshapes the way traders interact with their tools.
Reimagining Classic Strategies (Part II): Bollinger Bands Breakouts
This article explores a trading strategy that integrates Linear Discriminant Analysis (LDA) with Bollinger Bands, leveraging categorical zone predictions for strategic market entry signals.
Reimagining Classic Strategies in Python: MA Crossovers
In this article, we revisit the classic moving average crossover strategy to assess its current effectiveness. Given the amount of time since its inception, we explore the potential enhancements that AI can bring to this traditional trading strategy. By incorporating AI techniques, we aim to leverage advanced predictive capabilities to potentially optimize trade entry and exit points, adapt to varying market conditions, and enhance overall performance compared to conventional approaches.
From Novice to Expert: Forex Market Periods
Every market period has a beginning and an end, each closing with a price that defines its sentiment—much like any candlestick session. Understanding these reference points allows us to gauge the prevailing market mood, revealing whether bullish or bearish forces are in control. In this discussion, we take an important step forward by developing a new feature within the Market Periods Synchronizer—one that visualizes Forex market sessions to support more informed trading decisions. This tool can be especially powerful for identifying, in real time, which side—bulls or bears—dominates the session. Let’s explore this concept and uncover the insights it offers.
Population optimization algorithms: Cuckoo Optimization Algorithm (COA)
The next algorithm I will consider is cuckoo search optimization using Levy flights. This is one of the latest optimization algorithms and a new leader in the leaderboard.
How to Use Crashlogs to Debug Your Own DLLs
25 to 30% of all crashlogs received from users appear due to errors occurring when functions imported from custom dlls are executed.
Building A Candlestick Trend Constraint Model (Part 7): Refining our model for EA development
In this article, we will delve into the detailed preparation of our indicator for Expert Advisor (EA) development. Our discussion will encompass further refinements to the current version of the indicator to enhance its accuracy and functionality. Additionally, we will introduce new features that mark exit points, addressing a limitation of the previous version, which only identified entry points.
Utilizing CatBoost Machine Learning model as a Filter for Trend-Following Strategies
CatBoost is a powerful tree-based machine learning model that specializes in decision-making based on stationary features. Other tree-based models like XGBoost and Random Forest share similar traits in terms of their robustness, ability to handle complex patterns, and interpretability. These models have a wide range of uses, from feature analysis to risk management. In this article, we're going to walk through the procedure of utilizing a trained CatBoost model as a filter for a classic moving average cross trend-following strategy.
MQL5 Wizard Techniques you should know (Part 56): Bill Williams Fractals
The Fractals by Bill Williams is a potent indicator that is easy to overlook when one initially spots it on a price chart. It appears too busy and probably not incisive enough. We aim to draw away this curtain on this indicator by examining what its various patterns could accomplish when examined with forward walk tests on all, with wizard assembled Expert Advisor.
Market Simulation (Part 06): Transferring Information from MetaTrader 5 to Excel
Many people, especially non=programmers, find it very difficult to transfer information between MetaTrader 5 and other programs. One such program is Excel. Many use Excel as a way to manage and maintain their risk control. It is an excellent program and easy to learn, even for those who are not VBA programmers. Here we will look at how to establish a connection between MetaTrader 5 and Excel (a very simple method).
Developing a Replay System (Part 78): New Chart Trade (V)
In this article, we will look at how to implement part of the receiver code. Here we will implement an Expert Advisor to test and learn how the protocol interaction works. The content presented here is intended solely for educational purposes. Under no circumstances should the application be viewed for any purpose other than to learn and master the concepts presented.
Building A Candlestick Trend Constraint Model (Part 8): Expert Advisor Development (II)
Think about an independent Expert Advisor. Previously, we discussed an indicator-based Expert Advisor that also partnered with an independent script for drawing risk and reward geometry. Today, we will discuss the architecture of an MQL5 Expert Advisor, that integrates, all the features in one program.
Data Science and ML (Part 27): Convolutional Neural Networks (CNNs) in MetaTrader 5 Trading Bots — Are They Worth It?
Convolutional Neural Networks (CNNs) are renowned for their prowess in detecting patterns in images and videos, with applications spanning diverse fields. In this article, we explore the potential of CNNs to identify valuable patterns in financial markets and generate effective trading signals for MetaTrader 5 trading bots. Let us discover how this deep machine learning technique can be leveraged for smarter trading decisions.
Price Action Analysis Toolkit Development (Part 57): Developing a Market State Classification Module in MQL5
This article develops a market state classification module for MQL5 that interprets price behavior using completed price data. By examining volatility contraction, expansion, and structural consistency, the tool classifies market conditions as compression, transition, expansion, or trend, providing a clear contextual framework for price action analysis.
Neural networks made easy (Part 44): Learning skills with dynamics in mind
In the previous article, we introduced the DIAYN method, which offers the algorithm for learning a variety of skills. The acquired skills can be used for various tasks. But such skills can be quite unpredictable, which can make them difficult to use. In this article, we will look at an algorithm for learning predictable skills.
MQL5 Wizard Techniques you should know (Part 46): Ichimoku
The Ichimuko Kinko Hyo is a renown Japanese indicator that serves as a trend identification system. We examine this, on a pattern by pattern basis, as has been the case in previous similar articles, and also assess its strategies & test reports with the help of the MQL5 wizard library classes and assembly.
Betting Modeling as Means of Developing "Market Intuition"
The article dwells on the notion of "market intuition" and ways of developing it. The method described in the article is based on the modeling of financial betting in the form of a simple game.
GIT: What is it?
In this article, I will introduce a very important tool for developers. If you are not familiar with GIT, read this article to get an idea of what it is and how to use it with MQL5.
Practicing the development of trading strategies
In this article, we will make an attempt to develop our own trading strategy. Any trading strategy must be based on some kind of statistical advantage. Moreover, this advantage should exist for a long time.