How to Start with Metatrader 5 - page 49

Sergey Golubev
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Forum on trading, automated trading systems and testing trading strategies

Something Interesting in Financial Video November 2014

newdigital, 2014.11.27 10:23

Suri Duddella, Webinar: The Success and Failure of Chart Patterns



Suri Duddella, 19+ years full-time Futures/Equities/Options Trader. Patterns based Algorithmic Trading. Author -- "Trade Chart Patterns Like The Pros" book.

  • Chart Pattern Modeling
  • Essential pattern structure components and analysis
  • Practical statistics of patterns success and failures
  • Examples of many patterns

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A chart pattern is a distinct formation on a stock chart that creates a trading signal, or a sign of future price movements. Chartists use these patterns to identify current trends and trend reversals and to trigger buy and sell signals.



Identifying chart patterns is simply a system for predicting stock market trends and turns!
Well, a trend is merely an indicator of an imbalance in the supply and demand. These changes can usually be seen by market action through changes in price. These price changes often form meaningful chart patterns that can act as signals in trying to determine possible future trend developments. Research has proven that some patterns have high forecasting probabilities. These patterns include: The Cup & Handle, Flat Base, Ascending and Descending Triangles, Parabolic Curves, Symmetrical Triangles, Wedges, Flags and Pennants, Channels and the Head and Shoulders Patterns.



Sergey Golubev
Moderator
106683
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

How to Start with Metatrader 5

newdigital, 2014.05.07 18:18

Just a reminder

There is good article concerning to fundamental trading (for creation of the EAs related to News Trading) :

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Building an Automatic News Trader



As Investopedia states, a news trader is "a trader or investor who makes trading or investing decisions based on news announcements". Indeed, economic reports such as a country's GDP, consumer confidence indexes and employment data of countries, amongst others, often produce significant movements in the currency markets. Have you ever attended a U.S. Non-Farm Payrolls release? If so, you already know that these reports may determine currencies' recent future and act as catalysts for trends reversals.


Sergey Golubev
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106683
Sergey Golubev  
There are some people who are asking - "Where to start? This website is very big one ... how can I start with MT5, signals and the market?" ... well ... start with the following :

Sergey Golubev
Moderator
106683
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

All (not yet) about Strategy Tester, Optimization and Cloud

angevoyageur, 2013.08.20 19:47

A must ! Before using it or asking any question : please read the Online Help  (Also accessible by F1 on your MT5 platform)


Strategy Tester

For Traders



For Programmers


Optimization



Cloud

Announce of the launch : MQL5 Cloud Network launched.

As Users

Some useful topic about usage of the Cloud :


As Providers (agents)




Work in progress, stay tuned !


Sergey Golubev
Moderator
106683
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Market Condition Evaluation based on standard indicators in Metatrader 5

newdigital, 2013.09.01 21:06

This my post? red dotted lines are for possible sell stop trade, blue dotted lines are are possible buy stop ...

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Anyway - I just copied some latest summary from this thread :

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Market Condition Evaluation

story/thread was started from here/different thread

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Market condition

  • the theory with examples (primary trend, secondary trend) - read staring from this post till this one
  • Summary about market condition theory is on this post 
  • Practical examples about every market condition case by indicators: starting from this page till this one
     
  • trendstrength_v2 indicator is here,
     
  • AbsoluteStrength indicator new version is here

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3 Stoch MaFibo trading system for M5 and M1 timeframe 

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PriceChannel ColorPar Ichi system.

 

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MaksiGen trading system 

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 Merrill's patterns are on this page.

 

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Divergence - how to use, explanation and where to read about.

  

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Scalp_net trading system

  • template/indicators and how to use are on this comment.

  • scalp_net_v132_tf EA is on this post with optimization results/settings for EURUSD M5 timeframe
     
  • possible settings #1 for this EA for EURUSD M5 timeframe with backtesting results is on this post.
     

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MTF systems 

more to follow ...

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MA Channel Stochastic system is here.

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Ichimoku


Sergey Golubev
Moderator
106683
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

How to Start with MT5, a summary !

angevoyageur, 2013.03.15 16:12

How to start with MT5 platform : summary.

As our topic about "How to start with Metatrader 5" is going to be huge, here you find a summary, with main links.



For developpers.


Work in progress, stay tuned :-)


Sergey Golubev
Moderator
106683
Sergey Golubev  

What is an Inside bar? (based on dailyfx article)



Inside bars are easily identified pricing patterns that can be found on virtually any chart. The pattern itself requires some simple technical analysis, which includes identifying a series of highs and lows on a daily chart. The idea is that the current candle on the graph will not exceed the previous candles high or low, thus leaving it “inside”.