Articles on manual and algorithmic trading in MetaTrader 5

We will look at several new ways of building money management systems and define their main features. Today, there are quite a few money management strategies to fit every taste. We will try to consider several ways to manage money based on different mathematical growth models.

There are many technical tools that can be used to visualize a channel surrounding prices, One of these tools is the Donchian Channel indicator. In this article, we will learn how to create the Donchian Channel indicator and how we can trade it as a custom indicator using EA.

There is an essential need for MQL5 programmers or developers to master important and valuable tools. One of these tools is the Strategy Tester, this article is a practical guide to understanding and using the strategy tester of MQL5.

Here is a new article about how to create a custom indicator. This time we will work with the True Strength Index (TSI) and will create an Expert Advisor based on it.

In this article, we will learn how to create a custom indicator using MQL5 based on our preferences, to be used in MetaTrader 5 to help us read charts or to be used in automated Expert Advisors.

In this introductory article, I address a few of the lessons one can take from the challenge rules that proprietary trading firms implement. This is especially relevant for beginners and those who struggle to find their footing in this world of trading. The subsequent article will address the code implementation.

In this article, we will provide a method to detect price actions patterns automatically by MQL5, like trends (Uptrend, Downtrend, Sideways), Chart patterns (Double Tops, Double Bottoms).

A new article to learn how to detect candlesticks patterns on prices automatically by MQL5.

This article is about moral expectation. We will look at several examples of its use in trading, as well as the results that can be achieved with its help.

My strategy is based on the classic trading fundamentals and the refinement of indicators that are widely used in all types of markets. This is a ready-made tool allowing you to follow the proposed new profitable trading strategy.

In this article, we will continue our series of creating a trading system based on the most popular technical indicator. Here is a new technical tool which is the Fibonacci and we will learn how to design a trading system based on this technical indicator.

Are you tired of constantly trying to predict the stock market? Do you wish you had a crystal ball to help you make more informed investment decisions? Self-trained neural networks might be the solution you've been looking for. In this article, we explore whether these powerful algorithms can help you "ride the wave" and outsmart the stock market. By analyzing vast amounts of data and identifying patterns, self-trained neural networks can make predictions that are often more accurate than human traders. Discover how you can use this cutting-edge technology to maximize your profits and make smarter investment decisions.

This is a new article in the series in which we learn how to design a trading system based on popular technical indicators. This time we will cover Bill Williams' Market Facilitation Index (BW MFI).

Graphical price analysis systems are deservedly popular among traders. In this article, I am going to describe the complete Murray system, including its famous levels, as well as some other useful techniques for assessing the current price position and making a trading decision.

A new article in our series about learning how to design a trading system based on popular technical indicators will be about the Gator Oscillator technical indicator and how to create a trading system through simple strategies.

We continue to remove separate parts from our EA. This is the last article within this series. And the last thing to be removed is the sound system. This can be a bit confusing if you haven't followed these article series.

What is Frames Analyzer? This is a plug-in module for any Expert Advisor for analyzing optimization frames during parameter optimization in the strategy tester, as well as outside the tester, by reading an MQD file or a database that is created immediately after parameter optimization. You will be able to share these optimization results with other users who have the Frames Analyzer tool to discuss the results together.

This is a lazy algorithm that doesn't learn from the training dataset, it stores the dataset instead and acts immediately when it's given a new sample. As simple as it is, it is used in a variety of real-world applications.

In this article, we will learn how to make the MetaTrader 5 platform talk. What if we make the EA more fun? Financial market trading is often too boring and monotonous, but we can make this job less tiring. Please note that this project can be dangerous for those who experience problems such as addiction. However, in a general case, it just makes things less boring.

In this article, you will find your way to deal with the most important lines like trendlines, support, and resistance by MQL5.

There is still one task which our order system is not up to, but we will FINALLY figure it out. The MetaTrader 5 provides a system of tickets which allows creating and correcting order values. The idea is to have an Expert Advisor that would make the same ticket system faster and more efficient.

This article is a new one from our series about how to design a trading system based on the most popular technical indicators. We will learn a new indicator which Fractals indicator and we will learn how to design a trading system based on it to be executed in the MetaTrader 5 terminal.

Let's move on to a more complete order system directly on the chart. In this article, I will show a way to fix the order system, or rather, to make it more intuitive.

Today we will take our order system to the next level. But before that, we need to solve a few problems. Now we have some questions that are related to how we want to work and what things we do during the trading day.

In this article, we will make the final step towards the EA's performance. So, be prepared for a long read. To make our Expert Advisor reliable, we will first remove everything from the code that is not part of the trading system.

In this article, we will make the system more reliable to ensure a robust and secure use. One of the ways to achieve the desired robustness is to try to re-use the code as much as possible so that it is constantly tested in different cases. But this is only one of the ways. Another one is to use OOP.

In this article, we'll complete our series about how to design a trading system based on the most popular technical indicator. We'll learn how to create a trading system based on the Alligator indicator.