Studying candlestick analysis techniques (part I): Checking existing patterns
In this article, we will consider popular candlestick patterns and will try to find out if they are still relevant and effective in today's markets. Candlestick analysis appeared more than 20 years...
The power of ZigZag (part I). Developing the base class of the indicator
Many researchers do not pay enough attention to determining the price behavior. At the same time, complex methods are used, which very often are simply “black boxes”, such as machine learning or...
Practical application of correlations in trading
In this article, we will analyze the concept of correlation between variables, as well as methods for the calculation of correlation coefficients and their practical use in trading. Correlation is a...
Applying Monte Carlo method in reinforcement learning
In the article, we will apply Reinforcement learning to develop self-learning Expert Advisors. In the previous article, we considered the Random Decision Forest algorithm and wrote a simple...
Practical Use of Kohonen Neural Networks in Algorithmic Trading. Part II. Optimizing and forecasting
Based on universal tools designed for working with Kohonen networks, we construct the system of analyzing and selecting the optimal EA parameters and consider forecasting time series. In Part I, we...
Martingale as the basis for a long-term trading strategy
In this article we will consider in detail the martingale system. We will review whether this system can be applied in trading and how to use it in order to minimize risks. The main disadvantage of...
Horizontal diagrams on MеtaTrader 5 charts
Horizontal diagrams are not a common occurrence on the terminal charts but they can still be of use in a number of tasks, for example when developing indicators displaying volume or price distribution...
Analyzing trading results using HTML reports
The MetaTrader 5 platform features functionality for saving trading reports, as well as Expert Advisor testing and optimization reports. Trading and testing reports can be saved in two formats: XLSX...
Selection and navigation utility in MQL5 and MQL4: Adding auto search for patterns and displaying detected symbols
In this article, we continue expanding the features of the utility for collecting and navigating through symbols. This time, we will create new tabs displaying only the symbols that satisfy some of...
Practical Use of Kohonen Neural Networks in Algorithmic Trading. Part I. Tools
The present article develops the idea of using Kohonen Maps in MetaTrader 5, covered in some previous publications. The improved and enhanced classes provide tools to solve application tasks.
Separate optimization of a strategy on trend and flat conditions
The article considers applying the separate optimization method during various market conditions. Separate optimization means defining trading system's optimal parameters by optimizing for an uptrend...
Selection and navigation utility in MQL5 and MQL4: Adding "homework" tabs and saving graphical objects
In this article, we are going to expand the capabilities of the previously created utility by adding tabs for selecting the symbols we need. We will also learn how to save graphical objects we have...
How to create and test custom MOEX symbols in MetaTrader 5
The article describes the creation of a custom exchange symbol using the MQL5 language. In particular, it considers the use of exchange quotes from the popular Finam website. Another option considered...
Applying the probability theory to trading gaps
In this article, we will apply the probability theory and mathematical statistics methods to creating and testing trading strategies. We will also look for optimal trading risk using the differences...
Developing the symbol selection and navigation utility in MQL5 and MQL4
Experienced traders are well aware of the fact that most time-consuming things in trading are not opening and tracking positions but selecting symbols and looking for entry points. In this article, we...
Using OpenCL to test candlestick patterns
The article describes the algorithm for implementing the OpenCL candlestick patterns tester in the "1 minute OHLC" mode. We will also compare its speed with the built-in strategy tester launched in...
DIY multi-threaded asynchronous MQL5 WebRequest
The article describes the library allowing you to increase the efficiency of working with HTTP requests in MQL5. Execution of WebRequest in non-blocking mode is implemented in additional threads that...
Reversing: Formalizing the entry point and developing a manual trading algorithm
This is the last article within the series devoted to the Reversing trading strategy. Here we will try to solve the problem, which caused the testing results instability in previous articles. We will...
Reversing: Reducing maximum drawdown and testing other markets
In this article, we continue to dwell on reversing techniques. We will try to reduce the maximum balance drawdown till an acceptable level for the instruments considered earlier. We will see if the...
Reversal patterns: Testing the Head and Shoulders pattern
This article is a follow-up to the previous one called "Reversal patterns: Testing the Double top/bottom pattern". Now we will have a look at another well-known reversal pattern called Head and...
Reversal patterns: Testing the Double top/bottom pattern
Traders often look for trend reversal points since the price has the greatest potential for movement at the very beginning of a newly formed trend. Consequently, various reversal patterns are...
Gap - a profitable strategy or 50/50?
The article dwells on gaps — significant differences between a close price of a previous timeframe and an open price of the next one, as well as on forecasting a daily bar direction. Applying the...
Using limit orders instead of Take Profit without changing the EA's original code
Using limit orders instead of conventional take profits has long been a topic of discussions on the forum. What is the advantage of this approach and how can it be implemented in your trading? In this...
Movement continuation model - searching on the chart and execution statistics
This article provides programmatic definition of one of the movement continuation models. The main idea is defining two waves — the main and the correction one. For extreme points, I apply fractals as...
EA remote control methods
The main advantage of trading robots lies in the ability to work 24 hours a day on a remote VPS server. But sometimes it is necessary to intervene in their work, while there may be no direct access to...
100 best optimization passes (part 1). Developing optimization analyzer
The article dwells on the development of an application for selecting the best optimization passes using several possible options. The application is able to sort out the optimization results by a...
Modeling time series using custom symbols according to specified distribution laws
The article provides an overview of the terminal's capabilities for creating and working with custom symbols, offers options for simulating a trading history using custom symbols, trend and various...
Reversing: The holy grail or a dangerous delusion?
In this article, we will study the reverse martingale technique and will try to understand whether it is worth using, as well as whether it can help improve your trading strategy. We will create an...
Using indicators for optimizing Expert Advisors in real time
Efficiency of any trading robot depends on the correct selection of its parameters (optimization). However, parameters that are considered optimal for one time interval may not retain their...
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...
Automated Optimization of an EA for MetaTrader 5
This article describes the implementation of a self-optimization mechanism under MetaTrader 5.
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...
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...
Combining trend and flat strategies
There are numerous trading strategies out there. Some of them look for a trend, while others define ranges of price fluctuations to trade within them. Is it possible to combine these two approaches to...
Deep Neural Networks (Part VIII). Increasing the classification quality of bagging ensembles
The article considers three methods which can be used to increase the classification quality of bagging ensembles, and their efficiency is estimated. The effects of optimization of the ELM neural...
PairPlot graph based on CGraphic for analyzing correlations between data arrays (time series)
Comparing several time series during a technical analysis is a quite common task that requires appropriate tools. In this article, I suggest developing a tool for graphical analysis and detecting...
950 websites broadcast the Economic Calendar from MetaQuotes
The widget provides websites with a detailed release schedule of 500 indicators and indices, of the world's largest economies. Thus, traders quickly receive up-to-date information on all important...
Developing stock indicators featuring volume control through the example of the delta indicator
The article deals with the algorithm of developing stock indicators based on real volumes using the CopyTicks() and CopyTicksRange() functions. Some subtle aspects of developing such indicators, as...
Universal RSI indicator for working in two directions simultaneously
When developing trading algorithms, we often encounter a problem: how to determine where a trend/flat begins and ends? In this article, we try to create a universal indicator, in which we try to...
Custom presentation of trading history and creation of report diagrams
The article describes custom methods for assessing the trading history. Two classes have been written for downloading and analyzing history. The first of them collects the trading history and...