MQL4 and MQL5 Programming Articles
Study the MQL5 language for programming trading strategies in numerous published articles mostly written by you - the community members. The articles are grouped into categories to help you quicker find answers to any questions related to programming: Integration, Tester, Trading Strategies, etc.
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Cross-Platform Expert Advisor: Time Filters
This article discusses the implementation of various methods of time filtering a cross-platform expert advisor. The time filter classes are responsible for checking whether or not a given time falls...
Developing custom indicators using CCanvas class
The article deals with developing custom graphical indicators using graphical primitives of the CCanvas class.
Cross-Platform Expert Advisor: Money Management
This article discusses the implementation of money management method for a cross-platform expert advisor. The money management classes are responsible for the calculation of the lot size to be used...
Forecasting market movements using the Bayesian classification and indicators based on Singular Spectrum Analysis
The article considers the ideology and methodology of building a recommendatory system for time-efficient trading by combining the capabilities of forecasting with the singular spectrum analysis (SSA)...
DiNapoli trading system
The article describes the Fibo levels-based trading system developed by Joe DiNapoli. The idea behind the system and the main concepts are explained, as well as a simple indicator is provided as an...
An example of an indicator drawing Support and Resistance lines
The article provides an example of how to implement an indicator for drawing support and resistance lines based on formalized conditions. In addition to having a ready-to-use indicator, you will see...
Graphical Interfaces X: Text selection in the Multiline Text box (build 13)
This article will implement the ability to select text using various key combinations and deletion of the selected text, similar to the way it is done in any other text editor. In addition, we will...
Wolfe Waves
The graphical method proposed by Bill Wolfe allows to detect a pattern, based on which a moment and direction for entry can be found, and also it helps forecast the target which the price should reach...
Analyzing Balance/Equity graphs by symbols and EAs' ORDER_MAGIC
With the introduction of hedging, MetaTrader 5 provides an excellent opportunity to trade several Expert Advisors on a single trading account simultaneously. When one strategy is profitable, while the...
Thomas DeMark's Sequential (TD SEQUENTIAL) using artificial intelligence
In this article, I will tell you how to successfully trade by merging a very well-known strategy and a neural network. It will be about the Thomas DeMark's Sequential strategy with the use of an...
Cross-Platform Expert Advisor: Signals
This article discusses the CSignal and CSignals classes which will be used in cross-platform expert advisors. It examines the differences between MQL4 and MQL5 on how particular data needed for...
MQL5 Cookbook - Creating a ring buffer for fast calculation of indicators in a sliding window
The ring buffer is the simplest and the most efficient way to arrange data when performing calculations in a sliding window. The article describes the algorithm and shows how it simplifies...
Trading with Donchian Channels
In this article, we develop and tests several strategies based on the Donchian channel using various indicator filters. We also perform a comparative analysis of their operation.
Cross-Platform Expert Advisor: Order Manager
This article discusses the creation of an order manager for a cross-platform expert advisor. The order manager is responsible for the entry and exit of orders or positions entered by the expert, as...
How Long Is the Trend?
The article highlights several methods for trend identification aiming to determine the trend duration relative to the flat market. In theory, the trend to flat rate is considered to be 30% to 70%....
Comparative Analysis of 10 Trend Strategies
The article provides a brief overview of ten trend following strategies, as well as their testing results and comparative analysis. Based on the obtained results, we draw a general conclusion about...
MQL5 Cookbook - Pivot trading signals
The article describes the development and implementation of a class for sending signals based on pivots — reversal levels. This class is used to form a strategy applying the Standard Library....
Ready-made Expert Advisors from the MQL5 Wizard work in MetaTrader 4
The article offers a simple emulator of the MetaTrader 5 trading environment for MetaTrader 4. The emulator implements migration and adjustment of trade classes of the Standard Library. As a result,...
Graphical Interfaces X: Word wrapping algorithm in the Multiline Text box (build 12)
We continue to develop the Multiline Text box control. This time our task is to implement an automatic word wrapping in case a text box width overflow occurs, or a reverse word wrapping of the text to...
Universal Trend with the Graphical Interface
In this article a universal trend indicator is created based on a number of standard indicators. An additionally created graphical interface allows selecting the type of indicator and adjusting its...
Patterns available when trading currency baskets. Part II
We continue our discussion of the patterns traders can come across while trading currency baskets. In this part, we will consider the patterns formed when using combined trend indicators. Indicators...
Graphical Interfaces X: Sorting, rebuilding the table and controls in the cells (build 11)
We continue to add new features to the rendered table: data sorting, managing the number of columns and rows, setting the table cell types to place controls into them.
A Universal Channel with the Graphical Interface
All channel indicators are displayed as three lines, including central, top and bottom lines. The drawing principle of the central line is similar to a moving average, while the moving average...
Calculating the Hurst exponent
The article thoroughly explains the idea behind the Hurst exponent, as well as the meaning of its values and the calculation algorithm. A number of financial market segments are analyzed and the...
Graphical Interfaces X: Updates for the Rendered table and code optimization (build 10)
We continue to complement the Rendered table (CCanvasTable) with new features. The table will now have: highlighting of the rows when hovered; ability to add an array of icons for each cell and a...
Visualize this! MQL5 graphics library similar to 'plot' of R language
When studying trading logic, visual representation in the form of graphs is of great importance. A number of programming languages popular among the scientific community (such as R and Python) feature...
Graphical interfaces X: New features for the Rendered table (build 9)
Until today, the CTable was the most advanced type of tables among all presented in the library. This table is assembled from edit boxes of the OBJ_EDIT type, and its further development becomes...
Graphical Interfaces X: The Multiline Text box control (build 8)
The Multiline Text box control is discussed. Unlike the graphical objects of the OBJ_EDIT type, the presented version will not have restrictions on the number of input characters. It also adds the...
3D Modeling in MQL5
A time series is a dynamic system, in which values of a random variable are received continuously or at successive equally spaced points in time. Transition from 2D to 3D market analysis provides a...
Embed MetaTrader 4/5 WebTerminal on your website for free and make a profit
Traders are well familiar with the WebTerminal, which allows trading on financial markets straight from the browser. Add the WebTerminal widget to your website — you can do it absolutely free. If you...
Auto detection of extreme points based on a specified price variation
Automation of trading strategies involving graphical patterns requires the ability to search for extreme points on the charts for further processing and interpretation. Existing tools do not always...
Graphical interfaces X: Advanced management of lists and tables. Code optimization (build 7)
The library code needs to be optimized: it should be more regularized, which is — more readable and comprehensible for studying. In addition, we will continue to develop the controls created...
An Example of Developing a Spread Strategy for Moscow Exchange Futures
The MetaTrader 5 platform allows developing and testing trading robots that simultaneously trade multiple financial instruments. The built-in Strategy Tester automatically downloads required tick...
Graphical Interfaces X: Time control, List of checkboxes control and table sorting (build 6)
Development of the library for creating graphical interfaces continues. The Time and List of checkboxes controls will be covered this time. In addition, the CTable class now provides the ability to...
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...
Statistical distributions in the form of histograms without indicator buffers and arrays
The article discusses the possibility of plotting statistical distribution histograms of market conditions with the help of the graphical memory meaning no indicator buffers and arrays are applied....
Graphical Interfaces X: Text Edit box, Picture Slider and simple controls (build 5)
This article will consider new controls: Text Edit box, Picture Slider, as well as additional simple controls: Text label and Picture. The library continues to grow, and in addition to introduction of...
Universal Oscillator with a GUI
The article describes the process of creation of a universal indicator based on all oscillators available in the terminal, with its own graphical interface. The GUI allows users to quickly and easily...
Universal ZigZag
ZigZag is one of the most popular indicators among the MetaTrader 5 users. The article analyzes the possibilities for creating various versions of the ZigZag. The result is a universal indicator with...
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...