Where Do I start from? - page 9

[Sergey Golubev]

Gofamofimo Moipolai #:
Can you send webterminal again

About Webterminal - post #48
HowTo: https://www.mql5.com/en/forum/381690

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Trading Systems Based on Signal Indicators

Sergey Golubev, 2021.09.21 06:53

============

Signal Systems

The beginning

1. Signal systems, the beginning, part #1 (MT3)
2. Signal systems, the beginning, part #2 (MT4)

After

1. The main Signal systems thread is this one. 

============

AscTrend vs BrainTrend :

..and ..

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Where Do I start from?

Sergey Golubev, 2021.04.08 08:27

This is important information (for MT4 and for MT5 as well):

How to buy, install, test and use a MT4 Expert Advisor - forum thread with the instruction about HowTo

How to buy, install, test and use a MT5 Expert Advisor - forum thread with the instruction about HowTo

[Victor Gutierrez]

What a great help.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Something Interesting in Financial Video

Sergey Golubev, 2022.06.03 11:02

Video: How to setup MetaTrader 5 and MQL5 for simple automated trading - the article

MetaTrader 5 is a software that can help you to automate your trading strategies. It comes with a full blown language called MQL5. That is a programming language.
The download for MetaTrader 5 and MQL5 is totally free. And in this little video series we will get you started with automated trading. Let's see what MQL5 and MetaTrader5 can do for you and how to get started now.

It is strongly recommended to watch for any newbie in Metatrader 5

[Sergey Golubev]

Some posts/threads/video/more about how to select the broker for trading (general information):

1. The symbols depend on the broker.

Forum on trading, automated trading systems and testing trading strategies

I am not able to see the bonds in my mt5 demo account?

Sergey Golubev, 2019.12.05 17:07

You can look at the following threads:

1. How to add Stock indices to MT5 
2. Find a Server by the Broker's Name: https://www.mql5.com/en/forum/214820
3. MetaTrader 5 Help - Open an Account
4. How can I get streaming quotes and use Meta Trader 5 for U.S. stocks 
5. MT5 real FUTURES broker 
6. Stock or CFDs? 
7. can you trade the E mini S&p 500
   
8. DAX Symbol

2. and look at the following thread:
How can I get streaming quotes and use Meta Trader 5 for U.S. stocks (I am brand new to Meta Trader)?

3. Broker List Check 

4. Broker selection - the summary thread with the advices/tips about how to select the broker for trading

[75891581]

How do i make real account 

[Eleni Anna Branou]

75891581 #:
How do i make real account 

Find a broker online and open one.

Make sure that you choose a well known and regulated broker.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Which strategy is best to close the position?

Sergey Golubev, 2013.05.29 08:03

If you have a strategy so exit should be part of it. Strategy without exit is not a strategy.

What the people are using for exit?

• Parabolic
  
• overbough/oversold levels (stochastic, demark and so on)
  
• support/resistance level (povit, fibo and so on)
  
• opposite signal to enter
• openning the other trade on same direction with increased lot size (martingale)
• openning the other trade on same direction with decreased lot size but with increased take provit value (anti-martingale)

I think - closing on overbough/oversold (stochastic etc), support/resistance (povit/fibo) and simple trailing stop are most popular for the people who consider about "let the profit run"

[Sergey Golubev]

How to choose an Expert Advisor: Twenty strong criteria to reject a trading bot

Intentionally this article was written in a negative way, considering the rejection criteria instead of acceptance ideas ...

The rejecting criteria list
1. Reject if the bot depends on the author's action!
2. Reject if the bot has no optimal parameter set!
3. Reject if the bot depends on news-related actions!
4. Reject if the bot depends on your actions in the run!
5. Reject if the bot has initialization or running errors!
6. Reject if the bot has intentional running restrictions!
7. Reject if the bot has tight spread running conditions!
8. Reject if the bot includes specific scalping conditions!
9. Reject if the bot works on a high-commission market!
10. Reject if the bot depends on a particular broker!
11. Reject if there are more negative than positive trades!
12. Reject if the profit is obtained in a tight period of time.
13. Reject if there have been no positive results in the last five years!
14. Reject if there are no positive results in more than three months!
15. Reject if you can not set the capital exposure or the risk level!
16. Reject if the profitability for small and large capital is much different!
17. Reject if the test results fail for specific parameters you can set!
18. Reject if the test results fail for any other parameter set than optimal!
19. Reject if the number of trades is too small or concentrated in time!
20. Reject if the live results are much different than the test results!