The article thoroughly explains the idea behind the Hurst exponent, as well as the meaning of its values and the calculation algorithm. A number of financial market segments are analyzed and the method of working with MetaTrader 5 products implementing the fractal analysis is described.
In this article, we will create the basic functionality of a scalping Market Depth tool. Also, we will develop a tick chart based on the CGraphic library and integrate it with the order book. Using the described Market Depth, it will be possible to create a powerful assistant tool for short-term trading.
The article is about the use of CFTC report data (Open Interest) in MetaTrader. The article describes the proposed META COT project in details, shows how to load and process the necessary information. The Expert Advisor included into the project will help us analyze the effectiveness of the concept presented in the article. Finally, we'll draw some conclusions and offer useful suggestions.
In this article, we will use the WinHttp.dll to create a WebSocket client for MetaTrader 5 programs. The client will ultimately be implemented as a class and also tested against the Deriv.com WebSocket API.
How to find more candlestick patterns than usual? Behind the simplicity of candlestick patterns, there is also a serious drawback, which can be eliminated by using the significantly increased capabilities of modern trading automation tools.
Short description. In this article we will explore scripting the MetraTrader 5 terminal by integrating MQL5 with AutoIt. In it we will cover how to automate various tasks by manipulating the terminals' user interface and also present a class that uses the AutoItX library.
The market price is formed out of a stable balance between demand and supply which, in turn, depend on a variety of economic, political and psychological factors. Differences in nature as well as causes of influence of these factors make it difficult to directly consider all the components. This article sets forth an attempt to predict the market price on the basis of an elaborated regression model.
In this article, I decided to highlight the well-known Bernoulli scheme and to show how it can be used to describe trading-related data arrays. All this will then be used to create a self-adapting trading system. We will also look for a more generic algorithm, a special case of which is the Bernoulli formula, and will find an application for it.
There is a Python package available for developing integrations with MQL, which enables a plethora of opportunities such as data exploration, creation and use of machine learning models. The built in Python integration in MQL5 enables the creation of various solutions, from simple linear regression to deep learning models. Let's take a look at how to set up and prepare a development environment and how to use use some of the machine learning libraries.
Random Forest (RF) with the use of bagging is one of the most powerful machine learning methods, which is slightly inferior to gradient boosting. This article attempts to develop a self-learning trading system that makes decisions based on the experience gained from interaction with the market.
The article demonstrates the development of the ZigZag indicator in accordance with one of the sample specifications described in the article "How to prepare Requirements Specification when ordering an indicator". The indicator is built by extreme values defined using an oscillator. There is an ability to use one of five oscillators: WPR, CCI, Chaikin, RSI or Stochastic Oscillator.
The trade Signals service develops in leaps and bounds. Trusting our funds to a signal provider, we would like to minimize the risk of losing our deposit. So how to puzzle out in this forest of trade signals? How to find the one that would produce profits? This paper proposes to create a tool for visually analyzing the history of trades on trade signals in a symbol chart.
In this paper, we are completing the description of our concept of building the window interface of MQL programs, using the structures of MQL. Specialized graphical editor will allow to interactively set up the layout that consists of the basic classes of the GUI elements and then export it into the MQL description to use it in your MQL project. The paper presents the internal design of the editor and a user guide. Source codes are attached.
There is currently a fair number of means for a comfortable remote monitoring of a trading account: mobile terminals, push notifications, working with ICQ. But it all requires Internet connection. This article describes the process of creating an Expert Advisor that will allow you to stay in touch with your trading terminal even when mobile Internet is not available, through calls and text messaging.
Sockets… What in our IT world could possibly exist without them? Dating back to 1982, and hardly changed up to the present time, they smoothly work for us every second. This is the foundation of network, the nerve endings of the Matrix we all live in.
In the previous part, we considered the implementation of the MySQL connector. In this article, we will consider its application by implementing the service for collecting signal properties and the program for viewing their changes over time. The implemented example has practical sense if users need to observe changes in properties that are not displayed on the signal's web page.