Articles on trading system automation in MQL5

Is it possible to trade on a real MetaTrader 5 account today? How to organize such trading? The article contains the theory of these questions and the working codes used for copying trades from the MetaTrader 5 terminal to MetaTrader 4. The article will be useful both for the developers of Expert Advisors and for practicing traders.

The knowledge of programming languages is no longer a prerequisite for creating trading robots. Earlier lack of programming skills was an impassable obstacle to the implementation of one's own trading strategies, but with the emergence of the MQL5 Wizard, the situation radically changed. Novice traders can stop worrying because of the lack of programming experience - with the new Wizard, which allows you to generate Expert Advisor code, it is not necessary.

The article discusses how to write your own class of trading signals with the implementation of signals on the crossing of the price and the moving average, and how to include it to the generator of trading strategies of the MQL5 Wizard, as well as describes the structure and format of the description of the generated class for the MQL5 Wizard.

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 management - and your work is done! Create your own implementations of modules or order them via the Jobs service - and combine your new modules with existing ones.

I am not a professional programmer. And thus, the principle of "going from the simple to the complex" is of primary importance to me when I am working on trading system development. What exactly is simple for me? First of all, it is the visualization of the process of creating the system, and the logic of its work. Also, it is a minimum of handwritten code. In this article, I will attempt to create and test the trading system, based on a Matlab package, and then write an Expert Advisor for MetaTrader 5. The historical data from MetaTrader 5 will be used for the testing process.

This article explains how to use the major functionalities of the MQL5 Standard Library Trade Classes in writing Expert Advisors which implements position closing and modifying, pending order placing and deletion and verifying of Margin before placing a trade. We have also demonstrated how Trade classes can be used to obtain order and deal details.

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 the statistics based on measures of effectiveness can be used for the MetaTrader 5 platform. It includes the class for transformation of the interpretation of statistics by deals to the one that doesn't contradict the description given in the "Statistika dlya traderov" ("Statistics for Traders") book by S.V. Bulashev. It also includes an example of custom function for optimization.

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 manner that you can track the dynamics inside the data. In this article we analyze candlestick types, classification of candlestick patterns and present an indicator that can determine candlestick patterns.

Finding rules for a trade system and programming them in an Expert Advisor is a half of the job. Somehow, you need to correct the operation of the Expert Advisor as it accumulates the results of trading. This article describes one of approaches, which allows improving performance of an Expert Advisor through creation of a feedback that measures slope of the balance curve.

This article suggests a variant of an adaptive system that consists of many strategies, each of which performs its own "virtual" trade operations. Real trading is performed in accordance with the signals of a most profitable strategy at the moment. Thanks to using of the object-oriented approach, classes for working with data and trade classes of the Standard library, the architecture of the system appeared to be simple and scalable; now you can easily create and analyze the adaptive systems that include hundreds of trade strategies.

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, it describes the effect of this function on the algorithm of calculation of the drawdown of equity in the strategy tester. This function is useful when optimizing parameter of your Expert Advisors.

In order to develop an expert to participate in Automated Trading Championship 2010, let's use a template of ready expert advisor. Even novice MQL5 programmer will be capable of this task, because for your strategies the basic classes, functions, templates are already developed. It's enough to write a minimal amount of code to implement your trading idea.

This article summarizes and systematizes the principles of creating algorithms and elements of trading systems. The article considers designing of expert algorithm. As an example the CExpertAdvisor class is considered, which can be used for quick and easy development of trading systems.

The problem of calculation of the total position volume of the specified symbol and magic number is considered in this article. The proposed method requests only the minimum necessary part of the history of deals, finds the closest time when the total position was equal to zero, and performs the calculations with the recent deals. Working with global variables of the client terminal is also considered.

This article focuses on the object oriented approach to doing what we did in the article "Step-By-Step Guide to writing an Expert Advisor in MQL5 for Beginners" - creating a simple Expert Advisor. Most people think this is difficult, but I want to assure you that by the time you finish reading this article, you will be able to write your own Expert Advisor which is object oriented based.

The concept of diversification of assets on financial markets is quiet old, and has always attracted beginner traders. In this article, the author proposes a maximally simple approach to a construction of a multi-currency Expert Advisor, for an initial introduction to this direction of trading strategies.

In this article the author talks about evolutionary calculations with the use of a personally developed genetic algorithm. He demonstrates the functioning of the algorithm, using examples, and provides practical recommendations for its usage.

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 operations are implemented on the bases of classes of the Standard class library. The testing results of the reviewed trading strategy, are based on the history, and obtained using the built-in MetaTrader 5 strategy tester, are provided in the article.

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 trading strategy. The structure of an Expert Advisor, the use of built-in technical indicators and trading functions, the details of the Debug mode and use of the Strategy Tester are presented.

Surfing the Internet, it is easy to find many strategies, which will give you a number of various recommendations. Let’s take an insider’s approach and look into the process of strategy creation, based on the differences in timezones on different continents.