Articles on manual and algorithmic trading in MetaTrader 5

This category features articles on all aspects of trading - from manual to fully automatic trading, from Expert Advisor ideas to trading robot creation using the MQL5 Wizard. Position management, processing of trade events and money management - these integral parts of trading are covered in theses articles.

Learn how to copy trading signals and how to provide around-the-clock operation of Expert Advisors, how to create a trading robot and how to run MetaTrader on Linux and MacOS, what social trading is and how to order a trading robot.

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Developing a self-adapting algorithm (Part II): Improving efficiency

In this article, I will continue the development of the topic by improving the flexibility of the previously created algorithm. The algorithm became more stable with an increase in the number of

Finding seasonal patterns in the forex market using the CatBoost algorithm

The article considers the creation of machine learning models with time filters and discusses the effectiveness of this approach. The human factor can be eliminated now by simply instructing the model

Developing a self-adapting algorithm (Part I): Finding a basic pattern

In the upcoming series of articles, I will demonstrate the development of self-adapting algorithms considering most market factors, as well as show how to systematize these situations, describe them

Using spreadsheets to build trading strategies

The article describes the basic principles and methods that allow you to analyze any strategy using spreadsheets (Excel, Calc, Google). The obtained results are compared with MetaTrader 5 tester

Analyzing charts using DeMark Sequential and Murray-Gann levels

Thomas DeMark Sequential is good at showing balance changes in the price movement. This is especially evident if we combine its signals with a level indicator, for example, Murray levels. The article

Gradient boosting in transductive and active machine learning

In this article, we will consider active machine learning methods utilizing real data, as well discuss their pros and cons. Perhaps you will find these methods useful and will include them in your

Practical application of neural networks in trading. Python (Part I)

In this article, we will analyze the step-by-step implementation of a trading system based on the programming of deep neural networks in Python. This will be performed using the TensorFlow machine

Basic math behind Forex trading

The article aims to describe the main features of Forex trading as simply and quickly as possible, as well as share some basic ideas with beginners. It also attempts to answer the most tantalizing

A scientific approach to the development of trading algorithms

The article considers the methodology for developing trading algorithms, in which a consistent scientific approach is used to analyze possible price patterns and to build trading algorithms based on

Custom symbols: Practical basics

The article is devoted to the programmatic generation of custom symbols which are used to demonstrate some popular methods for displaying quotes. It describes a suggested variant of minimally invasive

What is a trend and is the market structure based on trend or flat?

Traders often talk about trends and flats but very few of them really understand what a trend/flat really is and even fewer are able to clearly explain these concepts. Discussing these basic terms is

Gradient Boosting (CatBoost) in the development of trading systems. A naive approach

Training the CatBoost classifier in Python and exporting the model to mql5, as well as parsing the model parameters and a custom strategy tester. The Python language and the MetaTrader 5 library are

Using cryptography with external applications

In this article, we consider encryption/decryption of objects in MetaTrader and in external applications. Our purpose is to determine the conditions under which the same results will be obtained with

Quick Manual Trading Toolkit: Working with open positions and pending orders

In this article, we will expand the capabilities of the toolkit: we will add the ability to close trade positions upon specific conditions and will create tables for controlling market and pending

Quick Manual Trading Toolkit: Basic Functionality

Today, many traders switch to automated trading systems which can require additional setup or can be fully automated and ready to use. However, there is a considerable part of traders who prefer

Manual charting and trading toolkit (Part I). Preparation: structure description and helper class

This is the first article in a series, in which I am going to describe a toolkit which enables manual application of chart graphics by utilizing keyboard shortcuts. It is very convenient: you press

Multicurrency monitoring of trading signals (Part 5): Composite signals

In the fifth article related to the creation of a trading signal monitor, we will consider composite signals and will implement the necessary functionality. In earlier versions, we used simple

Multicurrency monitoring of trading signals (Part 4): Enhancing functionality and improving the signal search system

In this part, we expand the trading signal searching and editing system, as well as introduce the possibility to use custom indicators and add program localization. We have previously created a basic

Multicurrency monitoring of trading signals (Part 3): Introducing search algorithms

In the previous article, we developed the visual part of the application, as well as the basic interaction of GUI elements. This time we are going to add internal logic and the algorithm of trading

Applying OLAP in trading (part 4): Quantitative and visual analysis of tester reports

The article offers basic tools for the OLAP analysis of tester reports relating to single passes and optimization results. The tool can work with standard format files (tst and opt), and it also

Projects assist in creating profitable trading robots! Or at least, so it seems

A big program starts with a small file, which then grows in size as you keep adding more functions and objects. Most robot developers utilize include files to handle this problem. However, there is a

Multicurrency monitoring of trading signals (Part 2): Implementation of the visual part of the application

In the previous article, we created the application framework, which we will use as the basis for all further work. In this part, we will proceed with the development: we will create the visual part

SQLite: Native handling of SQL databases in MQL5

The development of trading strategies is associated with handling large amounts of data. Now, you are able to work with databases using SQL queries based on SQLite directly in MQL5. An important

Exploring Seasonal Patterns of Financial Time Series with Boxplot

In this article we will view seasonal characteristics of financial time series using Boxplot diagrams. Each separate boxplot (or box-and-whiskey diagram) provides a good visualization of how values

Extending Strategy Builder Functionality

In the previous two articles, we discussed the application of Merrill patterns to various data types. An application was developed to test the presented ideas. In this article, we will continue

Strategy builder based on Merrill patterns

In the previous article, we considered application of Merrill patterns to various data, such as to a price value on a currency symbol chart and values of standard MetaTrader 5 indicators: ATR, WPR

Developing Pivot Mean Oscillator: a novel Indicator for the Cumulative Moving Average

This article presents Pivot Mean Oscillator (PMO), an implementation of the cumulative moving average (CMA) as a trading indicator for the MetaTrader platforms. In particular, we first introduce Pivot

Arranging a mailing campaign by means of Google services

A trader may want to arrange a mailing campaign to maintain business relationships with other traders, subscribers, clients or friends. Besides, there may be a necessity to send screenshotas, logs or

Developing a cross-platform Expert Advisor to set StopLoss and TakeProfit based on risk settings

In this article, we will create an Expert Advisor for automated entry lot calculation based on risk values. Also the Expert Advisor will be able to automatically place Take Profit with the select

Developing a cross-platform grider EA (part II): Range-based grid in trend direction

In this article, we will develop a grider EA for trading in a trend direction within a range. Thus, the EA is to be suited mostly for Forex and commodity markets. According to the tests, our grider

Grokking market "memory" through differentiation and entropy analysis

The scope of use of fractional differentiation is wide enough. For example, a differentiated series is usually input into machine learning algorithms. The problem is that it is necessary to display

Applying OLAP in trading (part 2): Visualizing the interactive multidimensional data analysis results

In this article, we consider the creation of an interactive graphical interface for an MQL program, which is designed for the processing of account history and trading reports using OLAP techniques

Applying OLAP in trading (part 1): Online analysis of multidimensional data

The article describes how to create a framework for the online analysis of multidimensional data (OLAP), as well as how to implement this in MQL and to apply such analysis in the MetaTrader

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

The power of ZigZag (part II). Examples of receiving, processing and displaying data

In the first part of the article, I have described a modified ZigZag indicator and a class for receiving data of that type of indicators. Here, I will show how to develop indicators based on these

The power of ZigZag (part I). Developing the base class of the indicator

Many researchers do not pay enough attention to determining the price behavior. At the same time, complex methods are used, which very often are simply “black boxes”, such as machine learning or

Martingale as the basis for a long-term trading strategy

In this article we will consider in detail the martingale system. We will review whether this system can be applied in trading and how to use it in order to minimize risks. The main disadvantage of

Reversing: Formalizing the entry point and developing a manual trading algorithm

This is the last article within the series devoted to the Reversing trading strategy. Here we will try to solve the problem, which caused the testing results instability in previous articles. We will

Gap - a profitable strategy or 50/50?

The article dwells on gaps — significant differences between a close price of a previous timeframe and an open price of the next one, as well as on forecasting a daily bar direction. Applying the

Using limit orders instead of Take Profit without changing the EA's original code

Using limit orders instead of conventional take profits has long been a topic of discussions on the forum. What is the advantage of this approach and how can it be implemented in your trading? In this