Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.11.02 06:43
MT5 (and MT4 as well) should be downloaded from this portal (from MetaQuotes website), and the broker/account can be selected during the 'Open Account' action by Scan.For example:
Discover everything about the MetaTrader 5 mobile applications in 2 minutes
MetaQuotes Software Corp., 2016.11.02 09:34
Watch two new videos about MetaTrader 5 mobile platforms on our YouTube channel. The videos will guide you through the MetaTrader 5 for iOS and Android in just 2 minutes.
The MetaTrader 5 mobile platforms feature everything you need for successful trading on the Forex market and global exchanges: full-fledged technical analysis, powerful trading system with all types of orders and the depth of market. We actively develop our applications releasing new builds regularly. After watching our videos, you will learn about all MetaTrader 5 mobile features, including the latest innovations. These videos are the ultimate visual guides for the MetaTrader 5 applications presenting everything you wanted to know but were too afraid to read in the Release Notes.
Did you like the videos? Visit our official MetaQuotes Software YouTube channel to find more videos about the MetaTrader 5 platform and its built-in
services. The channel already has 40 tutorial videos organized into playlists for your convenience.
Visit MetaQuotes Software YouTube Channel
Форум по трейдингу, автоматическим торговым системам и тестированию торговых стратегий
Renat Fatkhullin, 2016.11.02 16:51
We have released a new feature automatic updates when dealing in the forum.
To receive alerts, you must register your MetaQuotes ID in the Profile -> Preferences -> Security and enable notifications by default:
Just to remind:
How to Start with Metatrader 5
Simon Gniadkowski, 2013.07.24 10:18
How to post code on this forum . . .
Sergey Golubev, 2016.04.20 08:48
Sergey Golubev, 2016.05.08 20:17
Ask about Drawdown
Sergey Golubev, 2016.11.09 08:34
What the Numbers in the Expert Testing Report Mean
Absolute drawdown is the difference between the initial deposit and the smalles
value of balance within testing:
Maximal drawdown is the highest difference between one of local upper extremums
of the balance graph and the following lower extremums:
Is Relative DrawDown terminology identical to Absolute Draw Down ?
Michele Lazzarini, 2014.08.09 02:16
Absolute: compared to initial balance
Maximal: largest drawdown (measured in currency)
Relative: largest relative drawdown (measured in %)This because you can have an early drawdown big in % but not in currency.The Maximal can hide a largest drawdown in % happened earlier.
Relative is an index of resistance to drawdowns and can be used to compare different results.
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To assess performances i find useful this expression:
Efficacy = Net Profit / Gross Profit
this can be used combined with Relative Drawdown, to assess the real reliability of a strategy:
Reliability = Efficacy / Relative Drawdown
Sergey Golubev, 2016.07.13 11:36
How To Trade - Heiken Ashi indicator and How Does It Work (adapted from the article)
Heikin-Ashi chart looks like the candlestick chart, but the method of
calculation and plotting of the candles on the Heikin-Ashi chart is
different from the candlestick chart. In candlestick charts, each
candlestick shows four different prices: Open, Close, High and Low
But Heikin-Ashi candles are different and each candle is calculated and plotted using some information from the previous candle:
1- Open price: the open price in a Heikin-Ashi candle is the average of the open and close of the previous candle.
2- Close price: the close price in a Heikin-Ashi candle is the average of open, close, high and low prices.
3- High price: the high price in a Heikin-Ashi candle is chosen from one
of the high, open and close price of which has the highest value.
4- Low price: the low price in a Heikin-Ashi candle is chosen from one
of the low, open and close price of which has the lowest value.
So candles of a Heikin-Ashi chart are related to each other because
the open price of each candle should be calculated using the previous
candle close and open prices, and also the high and low price of each
candle is affected by the previous candle. So a Heikin-Ashi chart is
slower than a candlestick chart and its signals are delayed.
The Heikin-Ashi chart is delayed and the candlestick chart is much
faster and helps us to make more profit. Why should we use a Heikin-Ashi
chart then? As it was already explained, because of the delay that the
Heikin-Ashi chart has, it has less number of false signals and prevent
us from trading against the market. On the other hand, Heikin-Ashi
candles are easier to read because unlike the candlesticks they don’t
have too many different patterns.
Free to Download for Metatrader 5There are many Heiken Ashi indicators (and EA) on MT5 CodeBase, for example :
Trading signals module based on Heiken_Ashi_Smoothed indicator
Heiken Ashi Smoothed
An Example of a Trading System Based on a Heiken-Ashi Indicator
Sergey Golubev, 2013.09.20 08:21
GitHub now supports the MQL5 and MQL4 languages
MetaQuotes Software Corp., 2016.11.14 12:43
We are happy to announce that one of the largest Git hosting services GitHub now officially supports the MQL5 and MQL4 programming languages. Now, developers of trading robots and indicators can use all the possibilities of the GitHub web interface, including access to the statistics of the repository languages, automatic syntax highlighting while browsing the source code, and filtering of search results by language.
The checks a trading robot must pass before publication in the Market
Before any product is published in the Market, it must undergo
compulsory preliminary checks, as a small error in the expert or
indicator logic can cause losses on the trading account. That is why we
have developed a series of basic checks to ensure the required quality
level of the Market products.
If any errors are identified by the Market moderators in the process
of checking your product, you will have to fix all of them. This article
considers the most frequent errors made by developers in their trading
robots and technical indicators. We also recommend reading the following