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Articles on strategy testing in MQL5

How to develop, write and test a trading strategy, how to find the optimal system parameters and how to analyze the results? The MetaTrader platform offers developers of trading robots rich functionality for fast and accurate testing of trading ideas. Read these articles to learn how to test multi-currency robots and how to use MQL5 Cloud Network for optimization purposes.

Developers of automated trading systems are recommended to start with the testing fundamentals and tick generation algorithms in the strategy tester.

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Optimizing a strategy using balance graph and comparing results with "Balance + max Sharpe Ratio" criterion

In this article, we consider yet another custom trading strategy optimization criterion based on the balance graph analysis. The linear regression is calculated using the function from the ALGLIB...

TradeObjects: Automation of trading based on MetaTrader graphical objects

The article deals with a simple approach to creating an automated trading system based on the chart linear markup and offers a ready-made Expert Advisor using the standard properties of the MetaTrader...

Creating and testing custom symbols in MetaTrader 5

Creating custom symbols pushes the boundaries in the development of trading systems and financial market analysis. Now traders are able to plot charts and test trading strategies on an unlimited...

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...

Custom Walk Forward optimization in MetaTrader 5

The article deals with the approaches enabling accurate simulation of walk forward optimization using the built-in tester and auxiliary libraries implemented in MQL.

Trading with Donchian Channels

In this article, we develop and tests several strategies based on the Donchian channel using various indicator filters. We also perform a comparative analysis of their operation.

How Long Is the Trend?

The article highlights several methods for trend identification aiming to determine the trend duration relative to the flat market. In theory, the trend to flat rate is considered to be 30% to 70%....

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...

An Example of Developing a Spread Strategy for Moscow Exchange Futures

The MetaTrader 5 platform allows developing and testing trading robots that simultaneously trade multiple financial instruments. The built-in Strategy Tester automatically downloads required tick...

LifeHack for trader: "Quiet" optimization or Plotting trade distributions

Analysis of the trade history and plotting distribution charts of trading results in HTML depending on position entry time. The charts are displayed in three sections - by hours, by days of the week...

How to quickly develop and debug a trading strategy in MetaTrader 5

Scalping automatic systems are rightfully regarded the pinnacle of algorithmic trading, but at the same time their code is the most difficult to write. In this article we will show how to build...

LifeHack for trader: four backtests are better than one

Before the first single test, every trader faces the same question — "Which of the four modes to use?" Each of the provided modes has its advantages and features, so we will do it the easy way - run...

Testing trading strategies on real ticks

The article provides the results of testing a simple trading strategy in three modes: "1 minute OHLC", "Every tick" and "Every tick based on real ticks" using actual historical data.

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...

LifeHack for Traders: Indicators of Balance, Drawdown, Load and Ticks during Testing

How to make the testing process more visual? The answer is simple: you need to use one or more indicators in the Strategy Tester, including a tick indicator, an indicator of balance and equity, an...

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...

MQL5 Cookbook: Reducing the Effect of Overfitting and Handling the Lack of Quotes

Whatever trading strategy you use, there will always be a question of what parameters to choose to ensure future profits. This article gives an example of an Expert Advisor with a possibility to...

MQL5 Cookbook: Writing the History of Deals to a File and Creating Balance Charts for Each Symbol in Excel

When communicating in various forums, I often used examples of my test results displayed as screenshots of Microsoft Excel charts. I have many times been asked to explain how such charts can be...

MQL5 Cookbook: Developing a Multi-Currency Expert Advisor with Unlimited Number of Parameters

In this article, we will create a pattern that uses a single set of parameters for optimization of a trading system, while allowing for unlimited number of parameters. The list of symbols will be...

MQL5 Cookbook: Multi-Currency Expert Advisor - Simple, Neat and Quick Approach

This article will describe an implementation of a simple approach suitable for a multi-currency Expert Advisor. This means that you will be able to set up the Expert Advisor for testing/trading under...

MQL5 Cookbook: Developing a Framework for a Trading System Based on the Triple Screen Strategy

In this article, we will develop a framework for a trading system based on the Triple Screen strategy in MQL5. The Expert Advisor will not be developed from scratch. Instead, we will simply modify the...

MQL5 Cookbook: Using Indicators to Set Trading Conditions in Expert Advisors

In this article, we will continue to modify the Expert Advisor we have been working on throughout the preceding articles of the MQL5 Cookbook series. This time, the Expert Advisor will be enhanced...

MQL5 Cookbook: The History of Deals And Function Library for Getting Position Properties

It is time to briefly summarize the information provided in the previous articles on position properties. In this article, we will create a few additional functions to get the properties that can only...

Debugging MQL5 Programs

This article is intended primarily for the programmers who have already learned the language but have not fully mastered the program development yet. It reveals some debugging techniques and presents...

MQL5 Cookbook: How to Avoid Errors When Setting/Modifying Trade Levels

In continuation of our work on the Expert Advisor from the previous article of the series called "MQL5 Cookbook: Analyzing Position Properties in the MetaTrader 5 Strategy Tester", we will enhance it...

MQL5 Cloud Network: Are You Still Calculating?

It will soon be a year and a half since the MQL5 Cloud Network has been launched. This leading edge event ushered in a new era of algorithmic trading - now with a couple of clicks, traders can have...

MQL5 Cookbook: Analyzing Position Properties in the MetaTrader 5 Strategy Tester

We will present a modified version of the Expert Advisor from the previous article "MQL5 Cookbook: Position Properties on the Custom Info Panel". Some of the issues we will address include getting...

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,...

Fast Dive into MQL5

You have decided to study MQL5 trading strategies' programming language, but you know nothing about it? We have tried to examine MQL5 and MetaTrader 5 terminal from the newcomers' point of view and...

Why Is MQL5 Market the Best Place for Selling Trading Strategies and Technical Indicators

MQL5.community 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...

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...

Visualize a Strategy in the MetaTrader 5 Tester

We all know the saying "Better to see once than hear a hundred times". You can read various books about Paris or Venice, but based on the mental images you wouldn't have the same feelings as on the...

Speed Up Calculations with the MQL5 Cloud Network

How many cores do you have on your home computer? How many computers can you use to optimize a trading strategy? We show here how to use the MQL5 Cloud Network to accelerate calculations by receiving...

The Fundamentals of Testing in MetaTrader 5

What are the differences between the three modes of testing in MetaTrader 5, and what should be particularly looked for? How does the testing of an EA, trading simultaneously on multiple instruments,...

Finding Errors and Logging

MetaEditor 5 has the debugging feature. But when you write your MQL5 programs, you often want to display not the individual values, but all messages that appear during testing and online work. When...

Creating Multi-Expert Advisors on the basis of Trading Models

Using the object-oriented approach in MQL5 greatly simplifies the creation of multi-currency/multi-system /multi-time-frame Expert Advisors. Just imagine, your single EA trades on several dozens of...

Guide to Testing and Optimizing of Expert Advisors in MQL5

This article explains the step by step process of identifying and resolving code errors as well as the steps in testing and optimizing of the Expert Advisor input parameters. You will learn how to use...

Evaluation of Trade Systems - the Effectiveness of Entering, Exiting and Trades in General

There are a lot of measures that allow determining the effectiveness and profitability of a trade system. However, traders are always ready to put any system to a new crash test. The article tells how...

Using the TesterWithdrawal() Function for Modeling the Withdrawals of Profit

This article describes the usage of the TesterWithDrawal() function for estimating risks in trade systems which imply the withdrawing of a certain part of assets during their operation. In addition,...

The Algorithm of Ticks' Generation within the Strategy Tester of the MetaTrader 5 Terminal

MetaTrader 5 allows us to simulate automatic trading, within an embedded strategy tester, by using Expert Advisors and the MQL5 language. This type of simulation is called testing of Expert Advisors,...