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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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Patterns available when trading currency baskets
Following up our previous article on the currency baskets trading principles, here we are going to analyze the patterns traders can detect. We will also consider the advantages and the drawbacks of
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
The 'Turtle Soup' trading system and its 'Turtle Soup Plus One' modification
The article features formalized rules of two trading strategies 'Turtle Soup' and 'Turtle Soup Plus One' from Street Smarts: High Probability Short-Term Trading Strategies by Linda Bradford Raschke
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
The Easy Way to Evaluate a Signal: Trading Activity, Drawdown/Load and MFE/MAE Distribution Charts
Subscribers often search for an appropriate signal by analyzing the total growth on the signal provider's account, which is not a bad idea. However, it is also important to analyze potential risks of
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
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
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
Universal Expert Advisor: Trading in a Group and Managing a Portfolio of Strategies (Part 4)
In the last part of the series of articles about the CStrategy trading engine, we will consider simultaneous operation of multiple trading algorithms, will learn to load strategies from XML files, and
Universal Expert Advisor: Custom Strategies and Auxiliary Trade Classes (Part 3)
In this article, we will continue analyzing the algorithms of the CStrategy trading engine. The third part of the series contains the detailed analysis of examples of how to develop specific trading
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
Universal Expert Advisor: the Event Model and Trading Strategy Prototype (Part 2)
This article continues the series of publications on a universal Expert Advisor model. This part describes in detail the original event model based on centralized data processing, and considers the
Area method
The "area method" trading system works based on unusual interpretation of the RSI oscillator readings. The indicator that visualizes the area method, and the Expert Advisor that trades using this
Universal Expert Advisor: Trading Modes of Strategies (Part 1)
Any Expert Advisor developer, regardless of programming skills, is daily confronted with the same trading tasks and algorithmic problems, which should be solved to organize a reliable trading process
Trading signals module using the system by Bill Williams
The article describes the rules of the trading system by Bill Williams, the procedure of application for a developed MQL5 module to search and mark patterns of this system on the chart, automated
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
Indicator for Spindles Charting
The article regards spindle chart plotting and its usage in trading strategies and experts. First let's discuss the chart's appearance, plotting and connection with japanese candlestick chart. Next we
Plotting trend lines based on fractals using MQL4 and MQL5
The article describes the automation of trend lines plotting based on the Fractals indicator using MQL4 and MQL5. The article structure provides a comparative view of the solution for two languages
Bi-Directional Trading and Hedging of Positions in MetaTrader 5 Using the HedgeTerminal API, Part 2
This article describes a new approach to hedging of positions and draws the line in the debates between users of MetaTrader 4 and MetaTrader 5 about this matter. It is a continuation of the first
Programming EA's Modes Using Object-Oriented Approach
This article explains the idea of multi-mode trading robot programming in MQL5. Every mode is implemented with the object-oriented approach. Instances of both mode classes hierarchy and classes for
Random Forests Predict Trends
This article considers using the Rattle package for automatic search of patterns for predicting long and short positions of currency pairs on Forex. This article can be useful both for novice and
Liquid Chart
Would you like to see an hourly chart with bars opening from the second and the fifth minute of the hour? What does a redrawn chart look like when the opening time of bars is changing every minute
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
Indicator for Constructing a Three Line Break Chart
This article is dedicated to the Three Line Break chart, suggested by Steve Nison in his book "Beyond Candlesticks". The greatest advantage of this chart is that it allows filtering minor fluctuations
How we developed the MetaTrader Signals service and Social Trading
We continue to enhance the Signals service, improve the mechanisms, add new functions and fix flaws. The MetaTrader Signals Service of 2012 and the current MetaTrader Signals Service are like two
Freelance Jobs on MQL5.com - Developer's Favorite Place
Developers of trading robots no longer need to market their services to traders that require Expert Advisors - as now they will find you. Already, thousands of traders place orders to MQL5 freelance
Building a Social Technology Startup, Part II: Programming an MQL5 REST Client
Let's now shape the PHP-based Twitter idea which was introduced in the first part of this article. We are assembling the different parts of the SDSS. Regarding the client side of the system
Johnpaul77 Signal Providers: "Our Strategy Remains Profitable for More Than Three Years Now. So Why Would We Change It?"
Let us reveal a little secret: MQL5.com website visitors spend most of their time on Johnpaul77 signal's page. It is a leader of our signal rating having about 900 subscribers with the total funds of
MQL5.com Freelance: Developers' Source of Income (Infographic)
On the occasion of the MQL5 Freelance Service fourth birthday, we have prepared an info-graphic demonstrating the service results for the entire time of its existence. The figures speak for
How to implement traders' orders and make a profit in the MQL5 Freelance service
MQL5 Freelance is an online service where developers get paid for creating trading applications ordered by traders. Now, traders understand the difference between all the services on MQL5.com: a
Do Traders Need Services From Developers?
Algorithmic trading becomes more popular and needed, which naturally led to a demand for exotic algorithms and unusual tasks. To some extent, such complex applications are available in the Code Base
Building a Social Technology Startup, Part I: Tweet Your MetaTrader 5 Signals
Today we will learn how to link an MetaTrader 5 terminal with Twitter so that you can tweet your EAs' trading signals. We are developing a Social Decision Support System in PHP based on a RESTful web
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
Tales of Trading Robots: Is Less More?
Two years ago in "The Last Crusade" we reviewed quite an interesting yet currently not widely used method for displaying market information - point and figure charts. Now I suggest you try to write a
Indicator for Kagi Charting
The article proposes Kagi chart indicator with various charting options and additional functions. Also, indicator charting principle and its MQL5 implementation features are considered. The most
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
Raise Your Linear Trading Systems to the Power
Today's article shows intermediate MQL5 programmers how they can get more profit from their linear trading systems (Fixed Lot) by easily implementing the so-called technique of exponentiation. This is
MetaTrader AppStore Results for Q3 2013
Another quarter of the year has passed and we have decided to sum up its results for MetaTrader AppStore - the largest store of trading robots and technical indicators for MetaTrader platforms. More
MQL5 Wizard: How to Teach an EA to Open Pending Orders at Any Price
The article describes a method of modifying the code of a trading signal module for the implementation of the functionality allowing you to set pending orders at any distance from the current price