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 trading Expert Advisor from scratch (Part 23): New order system (VI)
We will make the order system more flexible. Here we will consider changes to the code that will make it more flexible, which will allow us to change position stop levels much faster.
Developing a trading Expert Advisor from scratch (Part 22): New order system (V)
Today we will continue to develop the new order system. It is not that easy to implement a new system as we often encounter problems which greatly complicate the process. When these problems appear, we have to stop and re-analyze the direction in which we are moving.
Risk and capital management using Expert Advisors
This article is about what you can not see in a backtest report, what you should expect using automated trading software, how to manage your money if you are using expert advisors, and how to cover a significant loss to remain in the trading activity when you are using automated procedures.
Learn how to design a trading system by Accelerator Oscillator
A new article from our series about how to create simple trading systems by the most popular technical indicators. We will learn about a new one which is the Accelerator Oscillator indicator and we will learn how to design a trading system using it.
Learn how to design a trading system by Awesome Oscillator
In this new article in our series, we will learn about a new technical tool that may be useful in our trading. It is the Awesome Oscillator (AO) indicator. We will learn how to design a trading system by this indicator.
Learn how to design a trading system by Relative Vigor Index
A new article in our series about how to design a trading system by the most popular technical indicator. In this article, we will learn how to do that by the Relative Vigor Index indicator.
Learn how to design a trading system by DeMarker
Here is a new article in our series about how to design a trading system by the most popular technical indicators. In this article, we will present how to create a trading system by the DeMarker indicator.
Learn how to design a trading system by VIDYA
Welcome to a new article from our series about learning how to design a trading system by the most popular technical indicators, in this article we will learn about a new technical tool and learn how to design a trading system by Variable Index Dynamic Average (VIDYA).
Developing a trading Expert Advisor from scratch (Part 19): New order system (II)
In this article, we will develop a graphical order system of the "look what happens" type. Please note that we are not starting from scratch this time, but we will modify the existing system by adding more objects and events on the chart of the asset we are trading.
Metamodels in machine learning and trading: Original timing of trading orders
Metamodels in machine learning: Auto creation of trading systems with little or no human intervention — The model decides when and how to trade on its own.
Learn how to design a trading system by Bull's Power
Welcome to a new article in our series about learning how to design a trading system by the most popular technical indicator as we will learn in this article about a new technical indicator and how we can design a trading system by it and this indicator is the Bull's Power indicator.
Learn how to design a trading system by Bear's Power
Welcome to a new article in our series about learning how to design a trading system by the most popular technical indicator here is a new article about learning how to design a trading system by Bear's Power technical indicator.
Learn how to design a trading system by Force Index
Welcome to a new article in our series about how to design a trading system by the most popular technical indicators. In this article, we will learn about a new technical indicator and how to create a trading system using the Force Index indicator.
Developing a trading Expert Advisor from scratch (Part 18): New order system (I)
This is the first part of the new order system. Since we started documenting this EA in our articles, it has undergone various changes and improvements while maintaining the same on-chart order system model.
Learn how to design a trading system by Chaikin Oscillator
Welcome to our new article from our series about learning how to design a trading system by the most popular technical indicator. Through this new article, we will learn how to design a trading system by the Chaikin Oscillator indicator.
Data Science and Machine Learning (Part 06): Gradient Descent
The gradient descent plays a significant role in training neural networks and many machine learning algorithms. It is a quick and intelligent algorithm despite its impressive work it is still misunderstood by a lot of data scientists let's see what it is all about.
Automated grid trading using limit orders on Moscow Exchange (MOEX)
The article considers the development of an MQL5 Expert Advisor (EA) for MetaTrader 5 aimed at working on MOEX. The EA is to follow a grid strategy while trading on MOEX using MetaTrader 5 terminal. The EA involves closing positions by stop loss and take profit, as well as removing pending orders in case of certain market conditions.
Learn how to design a trading system by Standard Deviation
Here is a new article in our series about how to design a trading system by the most popular technical indicators in MetaTrader 5 trading platform. In this new article, we will learn how to design a trading system by Standard Deviation indicator.
Learn how to design a trading system by Williams PR
A new article in our series about learning how to design a trading system by the most popular technical indicators by MQL5 to be used in the MetaTrader 5. In this article, we will learn how to design a trading system by the Williams' %R indicator.
Developing a trading Expert Advisor from scratch (Part 11): Cross order system
In this article we will create a system of cross orders. There is one type of assets that makes traders' life very difficult for traders — futures contracts. But why do they make life difficult?
Data Science and Machine Learning (Part 05): Decision Trees
Decision trees imitate the way humans think to classify data. Let's see how to build trees and use them to classify and predict some data. The main goal of the decision trees algorithm is to separate the data with impurity and into pure or close to nodes.
Learn how to design a trading system by Ichimoku
Here is a new article in our series about how to design a trading system b the most popular indicators, we will talk about the Ichimoku indicator in detail and how to design a trading system by this indicator.
Learn how to design a trading system by Volumes
Here is a new article from our series about learning how to design a trading system based on the most popular technical indicators. The current article will be devoted to the Volumes indicator. Volume as a concept is one of the very important factors in financial markets trading and we have to pay attention to it. Through this article, we will learn how to design a simple trading system by Volumes indicator.
Learn how to design a trading system by MFI
The new article from our series about designing a trading system based on the most popular technical indicators considers a new technical indicator - the Money Flow Index (MFI). We will learn it in detail and develop a simple trading system by means of MQL5 to execute it in MetaTrader 5.
Data Science and Machine Learning (Part 04): Predicting Current Stock Market Crash
In this article I am going to attempt to use our logistic model to predict the stock market crash based upon the fundamentals of the US economy, the NETFLIX and APPLE are the stocks we are going to focus on, Using the previous market crashes of 2019 and 2020 let's see how our model will perform in the current dooms and glooms.
Learn how to design a trading system by Accumulation/Distribution (AD)
Welcome to the new article from our series about learning how to design trading systems based on the most popular technical indicators. In this article, we will learn about a new technical indicator called Accumulation/Distribution indicator and find out how to design an MQL5 trading system based on simple AD trading strategies.
Developing a trading Expert Advisor from scratch (Part 7): Adding Volume at Price (I)
This is one of the most powerful indicators currently existing. Anyone who trades trying to have a certain degree of confidence must have this indicator on their chart. Most often the indicator is used by those who prefer “tape reading” while trading. Also, this indicator can be utilized by those who use only Price Action while trading.
Learn how to design a trading system by OBV
This is a new article to continue our series for beginners about how to design a trading system based on some of the popular indicators. We will learn a new indicator that is On Balance Volume (OBV), and we will learn how we can use it and design a trading system based on it.
Learn how to design a trading system by Parabolic SAR
In this article, we will continue our series about how to design a trading system using the most popular indicators. In this article, we will learn about the Parabolic SAR indicator in detail and how we can design a trading system to be used in MetaTrader 5 using some simple strategies.
Multiple indicators on one chart (Part 05): Turning MetaTrader 5 into a RAD system (I)
There are a lot of people who do not know how to program but they are quite creative and have great ideas. However, the lack of programming knowledge prevents them from implementing these ideas. Let's see together how to create a Chart Trade using the MetaTrader 5 platform itself, as if it were an IDE.
Multiple indicators on one chart (Part 04): Advancing to an Expert Advisor
In my previous articles, I have explained how to create an indicator with multiple subwindows, which becomes interesting when using custom indicators. This time we will see how to add multiple windows to an Expert Advisor.
Learn how to design a trading system by ATR
In this article, we will learn a new technical tool that can be used in trading, as a continuation within the series in which we learn how to design simple trading systems. This time we will work with another popular technical indicator: Average True Range (ATR).
Learn how to design a trading system by ADX
In this article, we will continue our series about designing a trading system using the most popular indicators and we will talk about the average directional index (ADX) indicator. We will learn this indicator in detail to understand it well and we will learn how we to use it through a simple strategy. By learning something deeply we can get more insights and we can use it better.
Learn how to design a trading system by Stochastic
In this article, we continue our learning series — this time we will learn how to design a trading system using one of the most popular and useful indicators, which is the Stochastic Oscillator indicator, to build a new block in our knowledge of basics.
Learn how to design a trading system by MACD
In this article, we will learn a new tool from our series: we will learn how to design a trading system based on one of the most popular technical indicators Moving Average Convergence Divergence (MACD).
Learn how to design a trading system by CCI
In this new article from our series for learning how to design trading systems, I will present the Commodities Channel Index (CCI), explain its specifics, and share with you how to create a trading system based on this indicator.
Mathematics in trading: Sharpe and Sortino ratios
Return on investments is the most obvious indicator which investors and novice traders use for the analysis of trading efficiency. Professional traders use more reliable tools to analyze strategies, such as Sharpe and Sortino ratios, among others.
Learn how to design a trading system by Momentum
In my previous article, I mentioned the importance of identifying the trend which is the direction of prices. In this article I will share one of the most important concepts and indicators which is the Momentum indicator. I will share how to design a trading system based on this Momentum indicator.
Learn how to design a trading system by RSI
In this article, I will share with you one of the most popular and commonly used indicators in the world of trading which is RSI. You will learn how to design a trading system using this indicator.
Learn how to design a trading system by Envelopes
In this article, I will share with you one of the methods of how to trade bands. This time we will consider Envelopes and will see how easy it is to create some strategies based on the Envelopes.