Price velocity measurement methods
There are multiple different approaches to market research and analysis. The main ones are technical and fundamental. In technical analysis, traders collect, process and analyze numerical data and
Using MATLAB 2018 computational capabilities in MetaTrader 5
After the upgrade of the MATLAB package in 2015, it is necessary to consider a modern way of creating DLL libraries. The article uses a sample predictive indicator to illustrate the peculiarities of
MTF indicators as the technical analysis tool
Most of traders agree that the current market state analysis starts with the evaluation of higher chart timeframes. The analysis is performed downwards to lower timeframes until the one, at which
Universal RSI indicator for working in two directions simultaneously
When developing trading algorithms, we often encounter a problem: how to determine where a trend/flat begins and ends? In this article, we try to create a universal indicator, in which we try to
How to analyze the trades of the Signal selected in the chart
The trade Signals service develops in leaps and bounds. Trusting our funds to a signal provider, we would like to minimize the risk of losing our deposit. So how to puzzle out in this forest of trade
Developing the oscillator-based ZigZag indicator. Example of executing a requirements specification
The article demonstrates the development of the ZigZag indicator in accordance with one of the sample specifications described in the article "How to prepare Requirements Specification when ordering
Developing multi-module Expert Advisors
MQL programming language allows implementing the concept of modular development of trading strategies. The article shows an example of developing a multi-module Expert Advisor consisting of separately
Synchronizing several same-symbol charts on different timeframes
When making trading decisions, we often have to analyze charts on several timeframes. At the same time, these charts often contain graphical objects. Applying the same objects to all charts is
How to create Requirements Specification for ordering an indicator
Most often the first step in the development of a trading system is the creation of a technical indicator, which can identify favorable market behavior patterns. A professionally developed indicator
Automatic construction of support and resistance lines
The article deals with automatic construction of support/resistance lines using local tops and bottoms of price charts. The well-known ZigZag indicator is applied to define these extreme values
Using the Kalman Filter for price direction prediction
For successful trading, we almost always need indicators that can separate the main price movement from noise fluctuations. In this article, we consider one of the most promising digital filters, the
Mini Market Emulator or Manual Strategy Tester
Mini Market Emulator is an indicator designed for partial emulation of work in the terminal. Presumably, it can be used to test "manual" strategies of market analysis and trading
A New Approach to Interpreting Classic and Hidden Divergence
The article considers the classic method for divergence construction and provides an additional divergence interpretation method. A trading strategy was developed based on this new interpretation
Implementing a Scalping Market Depth Using the CGraphic Library
In this article, we will create the basic functionality of a scalping Market Depth tool. Also, we will develop a tick chart based on the CGraphic library and integrate it with the order book. Using
Auto search for divergences and convergences
The article considers all kinds of divergence: simple, hidden, extended, triple, quadruple, convergence, as well as divergences of A, B and C classes. A universal indicator for their search and
Graphical Interfaces XI: Integrating the Standard Graphics Library (build 16)
A new version of the graphics library for creating scientific charts (the CGraphic class) has been presented recently. This update of the developed library for creating graphical interfaces will
Using cloud storage services for data exchange between terminals
Cloud technologies are becoming more popular. Nowadays, we can choose between paid and free storage services. Is it possible to use them in trading? This article proposes a technology for exchanging
Graphical Interfaces XI: Text edit boxes and Combo boxes in table cells (build 15)
In this update of the library, the Table control (the CTable class) will be supplemented with new options. The lineup of controls in the table cells is expanded, this time adding text edit boxes and
The Flag Pattern
The article provides the analysis of the following patterns: Flag, Pennant, Wedge, Rectangle, Contracting Triangle, Expanding Triangle. In addition to analyzing their similarities and differences, we
Graphical Interfaces XI: Rendered controls (build 14.2)
In the new version of the library, all controls will be drawn on separate graphical objects of the OBJ_BITMAP_LABEL type. We will also continue to describe the optimization of code: changes in the
Graphical Interfaces XI: Refactoring the Library code (build 14.1)
As the library grows, its code must be optimized again in order to reduce its size. The version of the library described in this article has become even more object-oriented. This made the code easier
Custom indicators and infographics in CCanvas
The article considers new types of indicators with more complex structural implementation. It also describes the development of pseudo-3D indicator types and dynamic infographics
An example of an indicator drawing Support and Resistance lines
The article provides an example of how to implement an indicator for drawing support and resistance lines based on formalized conditions. In addition to having a ready-to-use indicator, you will see
Graphical Interfaces X: Text selection in the Multiline Text box (build 13)
This article will implement the ability to select text using various key combinations and deletion of the selected text, similar to the way it is done in any other text editor. In addition, we will
Wolfe Waves
The graphical method proposed by Bill Wolfe allows to detect a pattern, based on which a moment and direction for entry can be found, and also it helps forecast the target which the price should
Thomas DeMark's Sequential (TD SEQUENTIAL) using artificial intelligence
In this article, I will tell you how to successfully trade by merging a very well-known strategy and a neural network. It will be about the Thomas DeMark's Sequential strategy with the use of an
MQL5 Cookbook - Pivot trading signals
The article describes the development and implementation of a class for sending signals based on pivots — reversal levels. This class is used to form a strategy applying the Standard Library
Graphical Interfaces X: Word wrapping algorithm in the Multiline Text box (build 12)
We continue to develop the Multiline Text box control. This time our task is to implement an automatic word wrapping in case a text box width overflow occurs, or a reverse word wrapping of the text to
Universal Trend with the Graphical Interface
In this article a universal trend indicator is created based on a number of standard indicators. An additionally created graphical interface allows selecting the type of indicator and adjusting its
Graphical Interfaces X: Sorting, rebuilding the table and controls in the cells (build 11)
We continue to add new features to the rendered table: data sorting, managing the number of columns and rows, setting the table cell types to place controls into them
A Universal Channel with the Graphical Interface
All channel indicators are displayed as three lines, including central, top and bottom lines. The drawing principle of the central line is similar to a moving average, while the moving average
Graphical Interfaces X: Updates for the Rendered table and code optimization (build 10)
We continue to complement the Rendered table (CCanvasTable) with new features. The table will now have: highlighting of the rows when hovered; ability to add an array of icons for each cell and a
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
Graphical Interfaces X: The Multiline Text box control (build 8)
The Multiline Text box control is discussed. Unlike the graphical objects of the OBJ_EDIT type, the presented version will not have restrictions on the number of input characters. It also adds the
3D Modeling in MQL5
A time series is a dynamic system, in which values of a random variable are received continuously or at successive equally spaced points in time. Transition from 2D to 3D market analysis provides a
Graphical interfaces X: Advanced management of lists and tables. Code optimization (build 7)
The library code needs to be optimized: it should be more regularized, which is — more readable and comprehensible for studying. In addition, we will continue to develop the controls created
Graphical Interfaces X: Time control, List of checkboxes control and table sorting (build 6)
Development of the library for creating graphical interfaces continues. The Time and List of checkboxes controls will be covered this time. In addition, the CTable class now provides the ability to
Statistical distributions in the form of histograms without indicator buffers and arrays
The article discusses the possibility of plotting statistical distribution histograms of market conditions with the help of the graphical memory meaning no indicator buffers and arrays are applied
Graphical Interfaces X: Text Edit box, Picture Slider and simple controls (build 5)
This article will consider new controls: Text Edit box, Picture Slider, as well as additional simple controls: Text label and Picture. The library continues to grow, and in addition to introduction of
Universal Oscillator with a GUI
The article describes the process of creation of a universal indicator based on all oscillators available in the terminal, with its own graphical interface. The GUI allows users to quickly and easily