Articles on trading system automation in MQL5

Read articles on the trading systems with a wide variety of ideas at the core. Learn how to use statistical methods and patterns on candlestick charts, how to filter signals and where to use semaphore indicators.

The MQL5 Wizard will help you create robots without programming to quickly check your trading ideas. Use the Wizard to learn about genetic algorithms.

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How to Subscribe to Trading Signals

The Signals service introduces social trading with MetaTrader 4 and MetaTrader 5. The Service is integrated into the trading platform, and allows anyone to easily copy trades of professional traders

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 MQL5.com website or straight from the MetaTrader 4 and MetaTrader 5 trading platforms. Choose a desired product that suits your trading

MetaTrader 5 on Mac OS

Apple products have become very popular. MetaQuotes Software Corp. attentively follows the progress of the IT industry and has already released the special mobile applications for iOS-based devices -

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

MQL5 Cookbook: Getting properties of an open hedge position

MetaTrader 5 is a multi-asset platform. Moreover, it supports different position management systems. Such opportunities provide significantly expanded options for the implementation and formalization

MetaTrader 5 on Linux

Linux is a Unix-like computer operating system assembled under the model of free and open source software development and distribution. Linux systems are widely used in smartphones and server

Video tutorial: MetaTrader Signals Service

In just 15 minutes, this video tutorial explains what MetaTrader Signals Service is, and demonstrates in great detail how to subscribe to trade signals and how to become a signal provider in our

Trading account monitoring is an indispensable trader's tool

Trading account monitoring provides a detailed report on all completed deals. All trading statistics are collected automatically and provided to you as easy-to-understand diagrams and graphs

Why Virtual Hosting On The MetaTrader 4 And MetaTrader 5 Is Better Than Usual VPS

The Virtual Hosting Cloud network was developed specially for MetaTrader 4 and MetaTrader 5 and has all the advantages of a native solution. Get the benefit of our free 24 hours offer - test out a

How to Make a Trading Robot in No Time

Trading on financial markets involves many risks including the most critical one - the risk of making a wrong trading decision. The dream of every trader is to find a trading robot, which is always in

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)

MetaTrader 5 features hedging position accounting system

In order to expand possibilities of retail Forex traders, we have added the second accounting system — hedging. Now, it is possible to have multiple positions per symbol, including oppositely directed

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

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

How to create Requirements Specification for ordering a trading robot

Are you trading using your own strategy? If your system rules can be formally described as software algorithms, it is better to entrust trading to an automated Expert Advisor. A robot does not need

Create Your Own Trading Robot in 6 Steps!

If you don't know how trade classes are constructed, and are scared of the words "Object Oriented Programming", then this article is for you. In fact, you do not need to know the details to write your

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

Analyzing Candlestick Patterns

Construction of Japanese candlestick chart and analysis of candlestick patterns constitute an amazing area of technical analysis. The advantage of candlesticks is that they represent data in such a

Orders, Positions and Deals in MetaTrader 5

Creating a robust trading robot cannot be done without an understanding of the mechanisms of the MetaTrader 5 trading system. The client terminal receives the information about the positions, orders

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

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

An Example of a Trading System Based on a Heiken-Ashi Indicator

In this article we look into the question of using a Heiken-Ashi indicator in trading. Based on this indicator, a simple trading system is considered and an MQL5 Expert Advisor is written. Trading

50,000 completed orders in the MQL5.com 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

80-20 trading strategy

The article describes the development of tools (indicator and Expert Advisor) for analyzing the '80-20' trading strategy. The trading strategy rules are taken from the work "Street Smarts. High

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

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

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

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

William Blau's Indicators and Trading Systems in MQL5. Part 1: Indicators

The article presents the indicators, described in the book by William Blau "Momentum, Direction, and Divergence". William Blau's approach allows us to promptly and accurately approximate the

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

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

The ZigZag Indicator: Fresh Approach and New Solutions

The article examines the possibility of creating an advanced ZigZag indicator. The idea of identifying nodes is based on the use of the Envelopes indicator. We assume that we can find a certain

Indicator for Renko charting

The article describes an example of Renko charting and its implementation in MQL5 as an indicator. Modifications of this indicator distinguish it from a classic chart. It can be constructed both in

Library for easy and quick development of MetaTrader programs (part XXII): Trading classes - Base trading class, verification of limitations

In this article, we will start the development of the library base trading class and add the initial verification of permissions to conduct trading operations to its first version. Besides, we will

Merrill patterns

In this article, we will have a look at Merrill patterns' model and try to evaluate their current relevance. To do this, we will develop a tool to test the patterns and apply the model to various data

Elder-Ray (Bulls Power and Bears Power)

The article dwells on Elder-Ray trading system based on Bulls Power, Bears Power and Moving Average indicators (EMA — exponential averaging). This system was described by Alexander Elder in his book

Library for easy and quick development of MetaTrader programs (part XXX): Pending trading requests - managing request objects

In the previous article, we have created the classes of pending request objects corresponding to the general concept of library objects. This time, we are going to deal with the class allowing the

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