Kun Li / Profile
I continue filling the algorithm with the minimum necessary functionality and testing the results. The profitability is quite low but the articles demonstrate the model of the fully automated profitable trading on completely different instruments traded on fundamentally different markets.
We usually analyze the market using candlesticks or bars that slice the price series into regular intervals. Doesn't such discretization method distort the real structure of market movements? Discretization of an audio signal at regular intervals is an acceptable solution because an audio signal is a function that changes over time. The signal itself is an amplitude which depends on time. This signal property is fundamental.
Overbought/oversold zones characterize a certain state of the market, differentiating through weaker changes in the prices of securities. This adverse change in the synamics is pronounced most at the final stage in the development of trends of any scales. Since the profit value in trading depends directly on the capability of covering as large trend amplitude as possible, the accuracy of detecting such zones is a key task in trading with any securities whatsoever.
Nowadays, voice assistants play a prominent role in human life, as we often use navigators, voice search and translators. In this article, I will try to develop a simple and user friendly system of voice notifications for various trade events, market states or signals generated by trading signals.
In the fifth article related to the creation of a trading signal monitor, we will consider composite signals and will implement the necessary functionality. In earlier versions, we used simple signals, such as RSI, WPR and CCI, and we also introduced the possibility to use custom indicators.
In this article, we will consider popular candlestick patterns and will try to find out if they are still relevant and effective in today's markets. Candlestick analysis appeared more than 20 years ago and has since become quite popular. Many traders consider Japanese candlesticks the most convenient and easily understandable asset price visualization form.
This article is a logical continuation of the previous one. It highlights the facts that confirm the conclusions made in the first article. These facts were revealed within ten years after its publication. They are centered around three detected dynamic transient functions describing the patterns in market price changes.
The article considers several methods of applying the Moving Average indicator. Each method involving a curve analysis is accompanied by indicators visualizing the idea. In most cases, the ideas shown here belong to their respected authors. My sole task was to bring them together to let you see the main approaches and, hopefully, make more reasonable trading decisions. MQL5 proficiency level — basic.
Before the introduction of the network functionality provided with the updated MQL5 API, MetaTrader programs have been limited in their ability to connect and interface with websocket based services. But of course this has all changed, in this article we will explore the implementation of a websocket library in pure MQL5. A brief description of the websocket protocol will be given along with a step by step guide on how to use the resulting library.
The article deals with managing MetaTrader user interface elements via an auxiliary DLL library using the example of changing push notification delivery settings. The library source code and the sample script are attached to the article.
It is an introductory article on DirectX, which describes specifics of operation with the API. It should help to understand the order in which its components are initialized. The article contains an example of how to write an MQL5 script which renders a triangle using DirectX.
The more factors influence the behavior of a currency pair, the more difficult it is to evaluate its behavior and make up future forecasts. Therefore, if we managed to extract components of a currency pair, values of a national currency that change with the time, we could considerably delimit the freedom of national currency movement as compared to the currency pair with this currency, as well as the number of factors influencing its behavior. As a result we would increase the accuracy of its behavior estimation and future forecasting. How can we do that?
In this article, we will develop a tool for CFTC report analysis. We will solve the following problem: to develop an indicator, that allows using the CFTC report data directly from the data files provided by Commission without an intermediate processing and conversion. Further, it can be used for the different purposes: to plot the data as an indicator, to proceed with the data in the other indicators, in the scripts for the automated analysis, in the Expert Advisors for the use in the trading strategies.
Friends, join us! Ask questions and connect with like-minded traders: MetaCOT Public Group MetaCOT Information Channel: news, CFTC reports, and signals: MetaCOT Channel Here’s to successful trading and new profitable signals for us all! Attention! Recently, certain countries have been blocking access to the cftc.gov website. As a result, users in these countries are giving the product low ratings. MetaCOT has always adhered to the highest quality standards and is in no way associated with these
Friends, join us! Ask questions and connect with like-minded traders: MetaCOT Public Group MetaCOT Information Channel: news, CFTC reports, and signals: MetaCOT Channel Here’s to successful trading and new profitable signals for us all! Attention! Recently, certain countries have been blocking access to the cftc.gov website. As a result, users in these countries are giving the product low ratings. MetaCOT has always adhered to the highest quality standards and is in no way associated with these
Ideally, this is we hope : The good numbers on news should make the related currency become stronger, and the bad numbers on news should make the related currency become weaker. But the fact is: The good numbers on news that has been written on the economic news calendar could not always instantly make the related currency become stronger. and vice versa, the bad numbers could not always instantly make the related currency become weaker. Before placing new position: We need to know which


