Discussing the article: "Building A Candlestick Trend Constraint Model (Part 9): Multiple Strategies Expert Advisor (II)"
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Learned a lot here, many thanks!
Check out the new article: Building A Candlestick Trend Constraint Model (Part 9): Multiple Strategies Expert Advisor (II).
Author: Clemence Benjamin
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Check out the new article: Building A Candlestick Trend Constraint Model (Part 9): Multiple Strategies Expert Advisor (II).
The number of strategies that can be integrated into an Expert Advisor is virtually limitless. However, each additional strategy increases the complexity of the algorithm. By incorporating multiple strategies, an Expert Advisor can better adapt to varying market conditions, potentially enhancing its profitability. Today, we will explore how to implement MQL5 for one of the prominent strategies developed by Richard Donchian, as we continue to enhance the functionality of our Trend Constraint Expert.
Right-click on the Expert Advisor list and select "Test" to open the tester window. From there, you can choose and set the BreakoutEA for testing. See the performance below.
BreakoutEA performing on Strategy Tester
Well done! We successfully executed orders, which is a great achievement. Now we can use this foundation to enhance profitability and filter out unnecessary trades. This highlights the importance of the next stage, where we will incorporate constraints to eliminate less probable trades.
Author: Clemence Benjamin