Metrotrader 5 and Matlab Interaction - General

2. MQL4 <-> Rterm <-> "matlabr"(Provides users to call MATLAB from using the "system" command. Allows users to submit lines of code or MATLAB m files. This is in comparison to 'R.matlab', which creates a MATLAB server.)

Best regards

Vladimir

Matlab with MQL4 or MetaTrader with Matlab Discussion on "How to

Sergey Golubev 2016.11.21 06:09 #243

Forum on trading, automated trading systems and testing trading strategies

How to Start with Metatrader 5

Sergey Golubev, 2016.05.08 20:17

Welcome,

Usually people who can't code don't receive free help on this forum, though it could happen if you are lucky, be patient.
If you show your attempts and describe well your problem, you will most probably receive an answer from the community.
If you don't want to learn to code, nothing bad, you can either look at the Codebase if something free already exists, or in the Market for paid products (sometimes free also).
Finally, you also have the option to hire a programmer in the Freelance section.

Good luck.

Multi pair indicators EA supply and demand Attention Coders / New

Sergey Golubev 2016.11.22 07:25 #244

Forum on trading, automated trading systems and testing trading strategies

Something Interesting

Sergey Golubev, 2016.01.28 20:07

This is very interesting scalping EA: Angry Bird (Scalping) - expert for MetaTrader 4

Some people say that this EA looks like 'modified Ilan1.6' in trading but with more secure features concerning deposit and so on and having the following:

MaxTrades parameter (how many simultanious trades can be opened),
LotExponent: this is lot multiplier for martingale (I prefer 1.4 instead of default 2.0 for example),
TakeProfit in points (in case of 5 digit price which as 1.09635 so TakeProfit = 20 is 2 pips),
UseEquityStop parameter to stop trading with TotalEquityRisk (TotalEquityRisk = 20 by default),
UseTimeOut: close all the trades after MaxTradeOpenHours (I prefer to use UseTimeOut - I mean: EA will close all the trades after MaxTradeOpenHours = 5 hours).

This is the description from the author:

This is backtesting for 4 days till now with minimal/minimum risk for deposit:

The setting (set files) for this EA are proposed on this discussion page.

Just for information.

martingale strategy Martingale code needed. Something interesting, old thread

Sergey Golubev 2016.11.23 14:48 #245

Just some fundamental knowledge: what are the main differences between indicator and the script:

Forum on trading, automated trading systems and testing trading strategies

What is the diference between an "Indicator" and a "Script"?

Forex Trader, 2005.08.30 21:44

There is two major differences:
1) A custom indicator remains attached to a chart till its removed or the chart is closed; a script will detach from a chart as soon as its finished executing (of course, you could keep it executing in a loop).
2) An indicator's start() function gets called on every tick event for the chart; a script's start() function gets executed right after its init() function gets executed (not waiting for any tick event). (I hope I got this one correct.)

Scripts: Separators What is the diference Stop a Script in

Muhammad Syamil Bin Abdullah 2016.11.24 12:04 #246

The RAVI Histogram indicator seem good for filtering signal, could be use together with other indicators to generate buy/sell order for EA.

Indicator was coded by Nikolay here https://www.mql5.com/en/code/16082.

RAVI_Histogram

votes: 20
2016.10.10
Nikolay Kositsin
www.mql5.com

The Range Action Verification Index indicator implemented as a histogram of strength and direction of the current trend.

Sergey Golubev 2016.11.25 06:57 #247

Forum on trading, automated trading systems and testing trading strategies

How to Start with Metatrader 5

Sergey Golubev, 2013.09.20 08:21

Summaries :

====

How to Start with MT5, a summary !
All (not yet) about Strategy Tester, Optimization and Cloud
ASCTREND SYSTEM summary (incl 2 good EAs)
BRAINTRADING SYSTEM HowTo
PriceChannel Parabolic system (incl 2 versions of the EA)
Market Condition Evaluation (2 EAs were created)
Ichimoku
Financial and trading videos - Table of Contents
All about Calendar tab and Macro Economic Events
All about MQL5 Wizard : create robots without programming

which indicator or combination How to Start with Market Condition Evaluation based

Sergey Golubev 2016.11.27 08:06 #248

Forum on trading, automated trading systems and testing trading strategies

Press review

Sergey Golubev, 2016.07.21 18:16

Introduction to Technical Indicators - Oscillators: RSI, Stochastics, CCI, MACD (based on the article)

Oscillators give traders an idea of how momentum is developing on a specific currency pair. When price treks higher, oscillators will move higher. When price drops lower, oscillators will move lower. Whenever oscillators reach an extreme level, it might be time to look for price to turn back around to the mean. However, just because an oscillator reaches “Overbought” or “Oversold” levels doesn’t mean we should try to call a top or a bottom. Oscillators can stay at extreme levels for a long time, so we need to wait for a valid sign before trading.

RSI
The Relative Strength Index is arguably the most popular oscillator out there. A big component of its formula is the ratio between the average gain and average loss over the last 14 periods. The RSI is bound between 0 – 100 and is considered overbought above 70 and oversold when below 30. Traders generally look to sell when 70 is crossed from above and look to buy when 30 is crossed from below.

Stochastics
Stochastics offer traders a different approach to calculate price oscillations by tracking how far the current price is from the lowest low of the last X number of periods. This distance is then divided by the difference between the high and low price during the same number of periods. The line created, %K, is then used to create a moving average, %D, that is placed directly on top of the %K. The result is two lines moving between 0-100 with overbought and oversold levels at 80 and 20. Traders can wait for the two lines to crosses while in overbought or oversold territories or they can look for divergence between the stochastic and the actual price before placing a trade.

CCI
The Commodity Channel Index is different than many oscillators in that there is no limit to how high or how low it can go. It uses 0 as a centerline with overbought and oversold levels starting at +100 and -100. Traders look to sell breaks below +100 and buy breaks above -100.

MACD
The Moving Average Convergence/Divergence tracks the difference between two EMA lines, the 12 EMA and 26 EMA. The difference between the two EMAs is then drawn on a sub-chart (called the MACD line) with a 9 EMA drawn directly on top of it (called the Signal line). Traders then look to buy when the MACD line crosses above the signal line and look to sell when the MACD line crosses below the signal line. There are also opportunities to trade divergence between the MACD and price.