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.
Developing a trading Expert Advisor from scratch (Part 21): New order system (IV)
Finally, the visual system will start working, although it will not yet be completed. Here we will finish making the main changes. There will be quite a few of them, but they are all necessary. Well, the whole work will be quite interesting.
Larry Williams Market Secrets (Part 4): Automating Short-Term Swing Highs and Lows in MQL5
Master the automation of Larry Williams’ short-term swing patterns using MQL5. In this guide, we develop a fully configurable Expert Advisor (EA) that leverages non-random market structures. We’ll cover how to integrate robust risk management and flexible exit logic, providing a solid foundation for systematic strategy development and backtesting.
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 because the resulting equity curve growth is then geometric, or exponential, taking the form of a parabola. Specifically, we will implement a practical MQL5 variant of the Fixed Fractional position sizing developed by Ralph Vince.
Creating Graphical Panels Became Easy in MQL5
In this article, we will provide a simple and easy guide to anyone who needs to create one of the most valuable and helpful tools in trading which is the graphical panel to simplify and ease doing tasks around trading which helps to save time and focus more on your trading process itself without any distractions.
Social Trading with the MetaTrader 4 and MetaTrader 5 Trading Platforms
What is social trading? It is a mutually beneficial cooperation of traders and investors whereby successful traders allow monitoring of their trading and potential investors take the opportunity to monitor their performance and copy trades of those who look more promising.
How to create a simple Multi-Currency Expert Advisor using MQL5 (Part 6): Two RSI indicators cross each other's lines
The multi-currency expert advisor in this article is an expert advisor or trading robot that uses two RSI indicators with crossing lines, the Fast RSI which crosses with the Slow RSI.
Testing different Moving Average types to see how insightful they are
We all know the importance of the Moving Average indicator for a lot of traders. There are other Moving average types that can be useful in trading, we will identify these types in this article and make a simple comparison between each one of them and the most popular simple Moving average type to see which one can show the best results.
Prices in DoEasy library (part 63): Depth of Market and its abstract request class
In the article, I will start developing the functionality for working with the Depth of Market. I will also create the class of the Depth of Market abstract order object and its descendants.
Econometrics EURUSD One-Step-Ahead Forecast
The article focuses on one-step-ahead forecasting for EURUSD using EViews software and a further evaluation of forecasting results using the programs in EViews. The forecast involves regression models and is evaluated by means of an Expert Advisor developed for MetaTrader 4.
Library for easy and quick development of MetaTrader programs (part VII): StopLimit order activation events, preparing the functionality for order and position modification events
In the previous articles, we started creating a large cross-platform library simplifying the development of programs for MetaTrader 5 and MetaTrader 4 platforms. In the sixth part, we trained the library to work with positions on netting accounts. Here we will implement tracking StopLimit orders activation and prepare the functionality to track order and position modification events.
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 testing are provided. Multi-mode programming of trading robots is supposed to take into account all peculiarities of every operational mode of an EA written in MQL5. Functions and enumeration are created for identifying the mode.
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 service. This idea comes from a particular conception of automatic trading called computer-assisted trading. We want the cognitive abilities of human traders to filter those trading signals which otherwise would be automatically placed on the market by the Expert Advisors.
How to Quickly Create an Expert Advisor for Automated Trading Championship 2010
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.
Multi-module trading robot in Python and MQL5 (Part I): Creating basic architecture and first modules
We are going to develop a modular trading system that combines Python for data analysis with MQL5 for trade execution. Four independent modules monitor different market aspects in parallel: volumes, arbitrage, economics and risks, and use RandomForest with 400 trees for analysis. Particular emphasis is placed on risk management, since even the most advanced trading algorithms are useless without proper risk management.
Formulating Dynamic Multi-Pair EA (Part 5): Scalping vs Swing Trading Approaches
This part explores how to design a Dynamic Multi-Pair Expert Advisor capable of adapting between Scalping and Swing Trading modes. It covers the structural and algorithmic differences in signal generation, trade execution, and risk management, allowing the EA to intelligently switch strategies based on market behavior and user input.
MVC design pattern and its application (Part 2): Diagram of interaction between the three components
This article is a continuation and completion of the topic discussed in the previous article: the MVC pattern in MQL programs. In this article, we will consider a diagram of possible interaction between the three components of the pattern.
MQL5 Trading Tools (Part 3): Building a Multi-Timeframe Scanner Dashboard for Strategic Trading
In this article, we build a multi-timeframe scanner dashboard in MQL5 to display real-time trading signals. We plan an interactive grid interface, implement signal calculations with multiple indicators, and add a close button. The article concludes with backtesting and strategic trading benefits
How to create a custom Donchian Channel indicator using MQL5
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.
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.
Creating an EA that works automatically (Part 11): Automation (III)
An automated system will not be successful without proper security. However, security will not be ensured without a good understanding of certain things. In this article, we will explore why achieving maximum security in automated systems is such a challenge.
Revisiting an Old Trend Trading Strategy: Two Stochastic oscillators, a MA and Fibonacci
Old trading strategies. This article presents one of the strategies used to follow the trend in a purely technical way. The strategy is purely technical and uses a few technical indicators and tools to deliver signals and targets. The components of the strategy are as follows: A 14-period stochastic oscillator. A 5-period stochastic oscillator. A 200-period moving average. A Fibonacci projection tool (for target setting).
Trading with the MQL5 Economic Calendar (Part 1): Mastering the Functions of the MQL5 Economic Calendar
In this article, we explore how to use the MQL5 Economic Calendar for trading by first understanding its core functionalities. We then implement key functions of the Economic Calendar in MQL5 to extract relevant news data for trading decisions. Finally, we conclude by showcasing how to utilize this information to enhance trading strategies effectively.
Data Science and Machine Learning (Part 11): Naïve Bayes, Probability theory in Trading
Trading with probability is like walking on a tightrope - it requires precision, balance, and a keen understanding of risk. In the world of trading, the probability is everything. It's the difference between success and failure, profit and loss. By leveraging the power of probability, traders can make informed decisions, manage risk effectively, and achieve their financial goals. So, whether you're a seasoned investor or a novice trader, understanding probability is the key to unlocking your trading potential. In this article, we'll explore the exciting world of trading with probability and show you how to take your trading game to the next level.
Magic of time trading intervals with Frames Analyzer tool
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.
Day Trading Larry Connors RSI2 Mean-Reversion Strategies
Larry Connors is a renowned trader and author, best known for his work in quantitative trading and strategies like the 2-period RSI (RSI2), which helps identify short-term overbought and oversold market conditions. In this article, we’ll first explain the motivation behind our research, then recreate three of Connors’ most famous strategies in MQL5 and apply them to intraday trading of the S&P 500 index CFD.
Multiple indicators on one chart (Part 06): Turning MetaTrader 5 into a RAD system (II)
In my previous article, I showed you how to create a Chart Trade using MetaTrader 5 objects and thus to turn the platform into a RAD system. The system works very well, and for sure many of the readers might have thought about creating a library, which would allow having extended functionality in the proposed system. Based on this, it would be possible to develop a more intuitive Expert Advisor with a nicer and easier to use interface.
Building a Trading System (Part 2): The Science of Position Sizing
Even with a positive-expectancy system, position sizing determines whether you thrive or collapse. It’s the pivot of risk management—translating statistical edges into real-world results while safeguarding your capital.
Trademinator 3: Rise of the Trading Machines
In the article "Dr. Tradelove..." we created an Expert Advisor, which independently optimizes parameters of a pre-selected trading system. Moreover, we decided to create an Expert Advisor that can not only optimize parameters of one trading system underlying the EA, but also select the best one of several trading systems. Let's see what can come of it...
Timeseries in DoEasy library (part 46): Multi-period multi-symbol indicator buffers
In this article, I am going to improve the classes of indicator buffer objects to work in the multi-symbol mode. This will pave the way for creating multi-symbol multi-period indicators in custom programs. I will add the missing functionality to the calculated buffer objects allowing us to create multi-symbol multi-period standard indicators.
Learn how to design a trading system by Bill Williams' MFI
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).
Building and testing Aroon Trading Systems
In this article, we will learn how we can build an Aroon trading system after learning the basics of the indicators and the needed steps to build a trading system based on the Aroon indicator. After building this trading system, we will test it to see if it can be profitable or needs more optimization.
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 analyze the indicator's implementation in the source code in the MQL5 language. Let's test the expert based on indicator and formulate the trading strategy.
Neural networks made easy (Part 13): Batch Normalization
In the previous article, we started considering methods aimed at improving neural network training quality. In this article, we will continue this topic and will consider another approach — batch data normalization.
Implementing a Rapid-Fire Trading Strategy Algorithm with Parabolic SAR and Simple Moving Average (SMA) in MQL5
In this article, we develop a Rapid-Fire Trading Expert Advisor in MQL5, leveraging the Parabolic SAR and Simple Moving Average (SMA) indicators to create a responsive trading strategy. We detail the strategy’s implementation, including indicator usage, signal generation, and the testing and optimization process.
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 than 500 developers have placed over 1 200 products in the Market by the end of the reported quarter.
Learn how to design a trading system by Gator Oscillator
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.
Price Action Analysis Toolkit Development (Part 6): Mean Reversion Signal Reaper
While some concepts may seem straightforward at first glance, bringing them to life in practice can be quite challenging. In the article below, we'll take you on a journey through our innovative approach to automating an Expert Advisor (EA) that skillfully analyzes the market using a mean reversion strategy. Join us as we unravel the intricacies of this exciting automation process.
Tracing, Debugging and Structural Analysis of Source Code
The entire complex of problems of creating a structure of an executed code and its tracing can be solved without serious difficulties. This possibility has appeared in MetaTrader 5 due to the new feature of the MQL5 language - automatic creation of variables of complex type of data (structures and classes) and their elimination when going out of local scope. The article contains the description of the methodology and the ready-made tool.
Price Action Analysis Toolkit Development (Part 38): Tick Buffer VWAP and Short-Window Imbalance Engine
In Part 38, we build a production-grade MT5 monitoring panel that converts raw ticks into actionable signals. The EA buffers tick data to compute tick-level VWAP, a short-window imbalance (flow) metric, and ATR-based position sizing. It then visualizes spread, ATR, and flow with low-flicker bars. The system calculates a suggested lot size and a 1R stop, and issues configurable alerts for tight spreads, strong flow, and edge conditions. Auto-trading is intentionally disabled; the focus remains on robust signal generation and a clean user experience.