Articles on data analysis and statistics in MQL5
Articles on mathematical models and laws of probability are interesting for many traders. Mathematics is the basis of technical indicators, and statistics is required to analyze trading results and develop strategies.
Read about the fuzzy logic, digital filters, market profile, Kohonen maps, neural gas and many other tools that can be used for trading.
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)...
DiNapoli trading system
The article describes the Fibo levels-based trading system developed by Joe DiNapoli. The idea behind the system and the main concepts are explained, as well as a simple indicator is provided as an...
Analyzing Balance/Equity graphs by symbols and EAs' ORDER_MAGIC
With the introduction of hedging, MetaTrader 5 provides an excellent opportunity to trade several Expert Advisors on a single trading account simultaneously. When one strategy is profitable, while the...
Calculating the Hurst exponent
The article thoroughly explains the idea behind the Hurst exponent, as well as the meaning of its values and the calculation algorithm. A number of financial market segments are analyzed and the...
Visualize this! MQL5 graphics library similar to 'plot' of R language
When studying trading logic, visual representation in the form of graphs is of great importance. A number of programming languages popular among the scientific community (such as R and Python) feature...
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....
Statistical Distributions in MQL5 - taking the best of R and making it faster
The functions for working with the basic statistical distributions implemented in the R language are considered. Those include the Cauchy, Weibull, normal, log-normal, logistic, exponential, uniform,...
The Easy Way to Evaluate a Signal: Trading Activity, Drawdown/Load and MFE/MAE Distribution Charts
Subscribers often search for an appropriate signal by analyzing the total growth on the signal provider's account, which is not a bad idea. However, it is also important to analyze potential risks of...
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...
Self-organizing feature maps (Kohonen maps) - revisiting the subject
This article describes techniques of operating with Kohonen maps. The subject will be of interest to both market researchers with basic level of programing in MQL4 and MQL5 and experienced programmers...
Evaluation and selection of variables for machine learning models
This article focuses on specifics of choice, preconditioning and evaluation of the input variables (predictors) for use in machine learning models. New approaches and opportunities of deep predictor...
An Introduction to Fuzzy Logic
Fuzzy logic expands our boundaries of mathematical logic and set theory. This article reveals the basic principles of fuzzy logic as well as describes two fuzzy inference systems using Mamdani-type...
Tips for Selecting a Trading Signal to Subscribe. Step-By-Step Guide
This step-by-step guide is dedicated to the Signals service, examination of trading signals, a system approach to the search of a required signal which would satisfy criteria of profitability, risk,...
Bi-Directional Trading and Hedging of Positions in MetaTrader 5 Using the HedgeTerminal API, Part 2
This article describes a new approach to hedging of positions and draws the line in the debates between users of MetaTrader 4 and MetaTrader 5 about this matter. It is a continuation of the first part...
Bi-Directional Trading and Hedging of Positions in MetaTrader 5 Using the HedgeTerminal Panel, Part 1
This article describes a new approach to hedging of positions and draws the line in the debates between users of MetaTrader 4 and MetaTrader 5 about this matter. The algorithms making such hedging...
Trader's Statistical Cookbook: Hypotheses
This article considers hypothesis - one of the basic ideas of mathematical statistics. Various hypotheses are examined and verified through examples using methods of mathematical statistics. The...
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,...
Neural Networks Cheap and Cheerful - Link NeuroPro with MetaTrader 5
If specific neural network programs for trading seem expensive and complex or, on the contrary, too simple, try NeuroPro. It is free and contains the optimal set of functionalities for amateurs. This...
Random Forests Predict Trends
This article considers using the Rattle package for automatic search of patterns for predicting long and short positions of currency pairs on Forex. This article can be useful both for novice and...
Regression Analysis of the Influence of Macroeconomic Data on Currency Prices Fluctuation
This article considers the application of multiple regression analysis to macroeconomic statistics. It also gives an insight into the evaluation of the statistics impact on the currency exchange rate...
Continuous futures contracts in MetaTrader 5
A short life span of futures contracts complicates their technical analysis. It is difficult to technically analyze short charts. For example, number of bars on the day chart of the UX-9.13 Ukrainian...
SQL and MQL5: Working with SQLite Database
This article is intended for developers who would be interested in using SQL in their projects. It explains the functionality and advantages of SQLite. The article does not require special knowledge...
MQL5 Programming Basics: Lists
The new version of the programming language for trading strategy development, MQL [MQL5], provides more powerful and effective features as compared with the previous version [MQL4]. The advantage...
Creating a Multi-Currency Multi-System Expert Advisor
The article introduces a structure for an Expert Advisor that trades multiple symbols and uses several trading systems simultaneously. If you already identified the optimal input parameters for all...
Marvel Your MQL5 Customers with a Usable Cocktail of Technologies!
MQL5 provides programmers with a very complete set of functions and object-oriented API thanks to which they can do everything they want within the MetaTrader environment. However, Web Technology is...
MQL5 Cookbook: Saving Optimization Results of an Expert Advisor Based on Specified Criteria
We continue the series of articles on MQL5 programming. This time we will see how to get results of each optimization pass right during the Expert Advisor parameter optimization. The implementation...
MetaTrader AppStore Results for Q3 2013
Another quarter of the year has passed and we have decided to sum up its results for MetaTrader AppStore - the largest store of trading robots and technical indicators for MetaTrader platforms. More...
MQL5 Market Results for Q2 2013
Successfully operating for 1.5 years, MQL5 Market has become the largest traders' store of trading strategies and technical indicators. It offers around 800 trading applications provided by 350...
MQL5 Market Results for Q1 2013
Since its founding, the store of trading robots and technical indicators MQL5 Market has already attracted more than 250 developers who have published 580 products. The first quarter of 2013 has...
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...
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....
MQL5 Market Turns One Year Old
One year has passed since the launch of sales in MQL5 Market. It was a year of hard work, which turned the new service into the largest store of trading robots and technical indicators for MetaTrader...
MetaTrader 4 and MetaTrader 5 Trading Signals Widgets
Recently MetaTrader 4 and MetaTrader 5 user received an opportunity to become a Signals Provider and earn additional profit. Now, you can display your trading success on your web site, blog or social...
Statistical Carry Trade Strategy
An algorithm of statistical protection of open positive swap positions from unwanted price movements. This article features a variant of the carry trade protection strategy that allows to compensate...
Fundamentals of Statistics
Every trader works using certain statistical calculations, even if being a supporter of fundamental analysis. This article walks you through the fundamentals of statistics, its basic elements and...
Application of the Eigen-Coordinates Method to Structural Analysis of Nonextensive Statistical Distributions
The major problem of applied statistics is the problem of accepting statistical hypotheses. It was long considered impossible to be solved. The situation has changed with the emergence of the...
Introduction to the Empirical Mode Decomposition Method
This article serves to familiarize the reader with the empirical mode decomposition (EMD) method. It is the fundamental part of the Hilbert–Huang transform and is intended for analyzing data from...
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...
Kernel Density Estimation of the Unknown Probability Density Function
The article deals with the creation of a program allowing to estimate the kernel density of the unknown probability density function. Kernel Density Estimation method has been chosen for executing the...
The Simple Example of Creating an Indicator Using Fuzzy Logic
The article is devoted to the practical application of the fuzzy logic concept for financial markets analysis. We propose the example of the indicator generating signals based on two fuzzy rules based...