Articles on the MQL5 programming and use of trading robots

Expert Advisors created for the MetaTrader platform perform a variety of functions implemented by their developers. Trading robots can track financial symbols 24 hours a day, copy deals, create and send reports, analyze news and even provide specific custom graphical interface.

The articles describe programming techniques, mathematical ideas for data processing, tips on creating and ordering of trading robots.

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How to purchase a trading robot from the MetaTrader Market and to install it?

A product from the MetaTrader Market can be purchased on the website or straight from the MetaTrader 4 and MetaTrader 5 trading platforms. Choose a desired product that suits your trading

How to Test a Trading Robot Before Buying

Buying a trading robot on MQL5 Market has a distinct benefit over all other similar options - an automated system offered can be thoroughly tested directly in the MetaTrader 5 terminal. Before buying

Step-By-Step Guide to writing an Expert Advisor in MQL5 for Beginners

The Expert Advisors programming in MQL5 is simple, and you can learn it easy. In this step by step guide, you will see the basic steps required in writing a simple Expert Advisor based on a developed

Trade Operations in MQL5 - It's Easy

Almost all traders come to market to make money but some traders also enjoy the process itself. However, it is not only manual trading that can provide you with an exciting experience. Automated

How to Order a Trading Robot in MQL5 and MQL4

"Freelance" is the largest freelance service for ordering MQL4/MQL5 trading robots and technical indicators. Hundreds of professional developers are ready to develop a custom trading application for

How to Order an Expert Advisor and Obtain the Desired Result

How to write correctly the Requirement Specifications? What should and should not be expected from a programmer when ordering an Expert Advisor or an indicator? How to keep a dialog, what moments to

Forecasting market movements using the Bayesian classification and indicators based on Singular Spectrum Analysis

The article considers the ideology and methodology of building a recommendatory system for time-efficient trading by combining the capabilities of forecasting with the singular spectrum analysis (SSA)

Automata-Based Programming as a New Approach to Creating Automated Trading Systems

This article takes us to a whole new direction in developing EAs, indicators and scripts in MQL4 and MQL5. In the future, this programming paradigm will gradually become the base standard for all

Automated Optimization of an EA for MetaTrader 5

This article describes the implementation of a self-optimization mechanism under MetaTrader 5

Why Is MQL5 Market the Best Place for Selling Trading Strategies and Technical Indicators Market provides Expert Advisors developers with the already formed market consisting of thousands of potential customers. This is the best place for selling trading robots and technical

Market Theory

A logically complete market theory that would cover all types and varieties of markets for goods and services, micro and macro markets like Forex, hasn't been available until now. This article covers

Implementing indicator calculations into an Expert Advisor code

The reasons for moving an indicator code to an Expert Advisor may vary. How to assess the pros and cons of this approach? The article describes implementing an indicator code into an EA. Several

MetaTrader 5 and Python integration: receiving and sending data

Comprehensive data processing requires extensive tools and is often beyond the sandbox of one single application. Specialized programming languages are used for processing and analyzing data

How to reduce trader's risks

Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a

Third Generation Neural Networks: Deep Networks

This article is dedicated to a new and perspective direction in machine learning - deep learning or, to be precise, deep neural networks. This is a brief review of second generation neural networks

How to Create Your Own Trailing Stop

The basic rule of trader - let profit to grow, cut off losses! This article considers one of the basic techniques, allowing to follow this rule - moving the protective stop level (Stop loss level)

The All or Nothing Forex Strategy

The purpose of this article is to create the most simple trading strategy that implements the "All or Nothing" gaming principle. We don't want to create a profitable Expert Advisor - the goal is to

50,000 completed orders in the Freelance service

Members of the official MetaTrader Freelance service have completed more than 50,000 orders as at October 2018. This is the world's largest Freelance site for MQL programmers: more than a thousand

A Quick Start Or a Short Guide for Beginners

Hello dear reader! In this article, I will try to explain and show you how you can easily and quickly get the hang of the principles of creating Expert Advisors, working with indicators, etc. It is

MQL5 Wizard: Creating Expert Advisors without Programming

Do you want to try out a trading strategy while wasting no time for programming? In MQL5 Wizard you can simply select the type of trading signals, add modules of trailing positions and money

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

The Channel Breakout pattern

Price trends form price channels that can be observed on financial symbol charts. The breakout of the current channel is one of the strong trend reversal signals. In this article, I suggest a way to

Night trading during the Asian session: How to stay profitable

The article deals with the concept of night trading, as well as trading strategies and their implementation in MQL5. We perform tests and make appropriate conclusions

Self-optimization of EA: Evolutionary and genetic algorithms

This article covers the main principles set fourth in evolutionary algorithms, their variety and features. We will conduct an experiment with a simple Expert Advisor used as an example to show how our

Neural Networks: From Theory to Practice

Nowadays, every trader must have heard of neural networks and knows how cool it is to use them. The majority believes that those who can deal with neural networks are some kind of superhuman. In this

MQL5 for beginners: Anti-vandal protection of graphic objects

What should your program do, if graphic control panels have been removed or modified by someone else? In this article we will show you how not to have "ownerless" objects on the chart, and how not to

14,000 trading robots in the MetaTrader Market

The largest store of ready-made applications for algo-trading now features 13,970 products. This includes 4,800 robots, 6,500 indicators, 2,400 utilities and other solutions. Almost half of the

Visual strategy builder. Creating trading robots without programming

This article presents a visual strategy builder. It is shown how any user can create trading robots and utilities without programming. Created Expert Advisors are fully functional and can be tested in

The "New Bar" Event Handler

MQL5 programming language is capable of solving problems on a brand new level. Even those tasks, that already have such solutions, thanks to object oriented programming can rise to a higher level. In

Studying candlestick analysis techniques (part III): Library for pattern operations

The purpose of this article is to create a custom tool, which would enable users to receive and use the entire array of information about patterns discussed earlier. We will create a library of

MQL5 for Newbies: Guide to Using Technical Indicators in Expert Advisors

In order to obtain values of a built-in or custom indicator in an Expert Advisor, first its handle should be created using the corresponding function. Examples in the article show how to use this or

Limitless Opportunities with MetaTrader 5 and MQL5

In this article, I would like to give an example of what a trader's program can be like as well as what results can be achieved in 9 months, having started to learn MQL5 from scratch. This example

Neural network: Self-optimizing Expert Advisor

Is it possible to develop an Expert Advisor able to optimize position open and close conditions at regular intervals according to the code commands? What happens if we implement a neural network

Comparative Analysis of 10 Trend Strategies

The article provides a brief overview of ten trend following strategies, as well as their testing results and comparative analysis. Based on the obtained results, we draw a general conclusion about

Money Management by Vince. Implementation as a module for MQL5 Wizard

The article is based on 'The Mathematics of Money Management' by Ralph Vince. It provides the description of empirical and parametric methods used for finding the optimal size of a trading lot. Also

Combining trend and flat strategies

There are numerous trading strategies out there. Some of them look for a trend, while others define ranges of price fluctuations to trade within them. Is it possible to combine these two approaches to

Multi-symbol balance graph in MetaTrader 5

The article provides an example of an MQL application with its graphical interface featuring multi-symbol balance and deposit drawdown graphs based on the last test results

Deep Neural Networks (Part V). Bayesian optimization of DNN hyperparameters

The article considers the possibility to apply Bayesian optimization to hyperparameters of deep neural networks, obtained by various training variants. The classification quality of a DNN with the

Applying The Fisher Transform and Inverse Fisher Transform to Markets Analysis in MetaTrader 5

We now know that probability density function (PDF) of a market cycle does not remind a Gaussian but rather a PDF of a sine wave and most of the indicators assume that the market cycle PDF is Gaussian

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