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Articles on trading system automation in MQL4

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.

The MQL5 Wizard will help you create robots without programming to quickly check your trading ideas. Use the Wizard to learn about genetic algorithms.

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How to conduct a qualitative analysis of trading signals and select the best of them

The article deals with evaluating the performance of Signals Providers. We offer several additional parameters highlighting signal trading results from a slightly different angle than in traditional...

Angles in Trading. Further Study Required

In this article, we discuss the method of trading analysis by measuring angles in the MetaTrader 4 terminal. The article provides a general plan of using angles for trend movement analysis, as well as...

Portfolio trading in MetaTrader 4

The article reveals the portfolio trading principles and their application to Forex market. A few simple mathematical portfolio arrangement models are considered. The article contains examples of...

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...

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...

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...

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....

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...

Lite_EXPERT2.mqh: Expert Advisor Implementation Examples

In this article, the author continues to familiarize the readers with the Lite_EXPERT2.mqh functions using real Expert Advisor implementation examples. The article deals with the idea of using...

Lite_EXPERT2.mqh: Functional Kit for Developers of Expert Advisors

This article continues the series of articles "Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization". It familiarizes the readers with a more universal function...

How Reliable is Night Trading?

The article covers the peculiarities of night flat trading on cross currency pairs. It explains where you can expect profits and why great losses are not unlikely. The article also features an example...

Mechanical Trading System "Chuvashov's Triangle"

Let me offer you an overview and the program code of the mechanical trading system based on ideas of Stanislav Chuvashov. Triangle's construction is based on the intersection of two trend lines built...

The Golden Rule of Traders

In order to make profits based on high expectations, we must understand three basic principles of good trading: 1) know your risk when entering the market; 2) cut your losses early and allow your...

Synthetic Bars - A New Dimension to Displaying Graphical Information on Prices

The main drawback of traditional methods for displaying price information using bars and Japanese candlesticks is that they are bound to the time period. It was perhaps optimal at the time when these...

Mechanical Trading System "Chuvashov's Fork"

This article draws your attention to the brief review of the method and program code of the mechanical trading system based on the technique proposed by Stanislav Chuvashov. The market analysis...

Econometrics EURUSD One-Step-Ahead Forecast

The article focuses on one-step-ahead forecasting for EURUSD using EViews software and a further evaluation of forecasting results using the programs in EViews. The forecast involves regression models...

On Methods of Technical Analysis and Market Forecasting

The article demonstrates the capabilities and potential of a well-known mathematical method coupled with visual thinking and an "out of the box" market outlook. On the one hand, it serves to attract...

Testing (Optimization) Technique and Some Criteria for Selection of the Expert Advisor Parameters

There is no trouble finding the Holy Grail of testing, it is however much more difficult to get rid of it. This article addresses the selection of the Expert Advisor operating parameters with...

Contest of Expert Advisors inside an Expert Advisor

Using virtual trading, you can create an adaptive Expert Advisor, which will turn on and off trades at the real market. Combine several strategies in a single Expert Advisor! Your multisystem Expert...

Research of Statistical Recurrences of Candle Directions

Is it possible to predict the behavior of the market for a short upcoming interval of time, based on the recurring tendencies of candle directions, at specific times throughout the day? That is, If...

The Magic of Filtration

Most of the automated trading systems developers use some form of trading signals filtration. In this article, we explore the creation and implementation of bandpass and discrete filters for Expert...

Checking the Myth: The Whole Day Trading Depends on How the Asian Session Is Traded

In this article we will check the well-known statement that "The whole day trading depends on how the Asian session is traded".

Using Neural Networks In MetaTrader

This article shows you how to easily use Neural Networks in your MQL4 code taking advantage of best freely available artificial neural network library (FANN) employing multiple neural networks in your...

Expert Advisors Based on Popular Trading Strategies and Alchemy of Trading Robot Optimization (Cont.)

In this article, the author proposes the way of improving trading systems presented in his previous articles. The article is of interest for traders already having experiences in writing Expert...

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Cont.)

In this article, the author gives an example Expert Advisor meeting the requirements stated in the Rules of the Automated Trading Championship 2008

What about Hedging Daily?

A trading strategy using hedging system created for trading the intra-day style of GBPJPY / EURJPY and for daily trading.

Layman's Notes: ZigZag…

Surely, a fey thought to trade closely to extremums visited every apprentice trader when he/she saw "enigmatic" polyline for the first time. It's so simple, indeed. Here is the maximum. And there is...

Automated Trading Championship: The Reverse of the Medal

Automated Trading Championship based on online trading platform MetaTrader 4 is being conducted for the third time and accepted by many people as a matter-of-course yearly event being waited for with...

How to Become a Participant of Automated Trading Championship 2008?

The main purpose of the Championship is to popularize automated trading and accumulate practical information in this field of knowledge. As the Organizer of the Championship, we are doing our best to...

Show Must Go On, or Once Again about ZigZag

About an obvious but still substandard method of ZigZag composition, and what it results in: the Multiframe Fractal ZigZag indicator that represents ZigZags built on three larger ons, on a single...

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Cont.)

In this article the author offers ways to improve trading systems described in his previous articles. The article will be interesting for traders that already have some experience of writing Expert...

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Cont.)

In this article the author continues to analyze implementation algorithms of simplest trading systems and introduces recording of optimization results in backtesting into one html file in the form of...

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Cont.)

In this article the author continues to analyze implementation algorithms of simplest trading systems and introduces backtesting automation. The article will be useful for beginning traders and EA...

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization (Cont.)

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...

Expert Advisors Based on Popular Trading Systems and Alchemy of Trading Robot Optimization

This article dwells on implementation algorithm of simplest trading systems. The article will be useful for beginning traders and EA writers.

Using MetaTrader 4 for a Time Based Pattern Analysis

Time based pattern analysis can be used in the currency market to determine a better time to enter a trade or time in which trading should be avoided at all.Here we use MetaTrader 4 to analyze history...