As some of you who are a little more experienced in the markets probably know, some problems can arise with the above scenario, and there have been many examples in history of countries who were not able to hold their currency pegs. Probably the most famous example of this is referred to as Black Wednesday, when the famous speculator George Soros was credited with forcing the Bank of England to abandon their currency peg, causing the British pound to fall over 25% relative to the US Dollar in a matter of weeks.
read more here https://www.mql5.com/en/forum/13721/page4
In this article, we will consider the creation of two indicators: the tick indicator, which plots the tick chart of the price and tick candle indicator, which plot candles with the specified number of ticks. Each of the indicators writes the incoming prices into a file, and uses the saved data after the restart of the indicator (these data also can be used by the other programs)
read the article here https://www.mql5.com/en/forum/13721/page4 (and watch the video related to the article)
The is the Key Article for any MT5 user. Strongly recommended!
The Kumo Breakout signal occurs when the price leaves or crosses the Kumo (Cloud).
3.1. A bullish signal occurs when the price goes upwards through the top of the Kumo.
3.2. A bearish signal occurs when the price goes downwards through the bottom of the Kumo.
This article explains the step by step process of identifying and resolving code errors as well as the steps in testing and optimizing of the Expert Advisor input parameters. You will learn how to use Strategy Tester of MetaTrader 5 client terminal to find the best symbol and set of input parameters for your Expert Advisor.
It is about what we will get on the future.
To make it shorter :
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Full replacement MQL4 language and MetaEditor 4 with general components of MQL5 and MetaEditor
Instead of work with compatibly MQL4 -> MQL5, we decided to go in opposite way. We transfered the maximum functions and possibilities of MQL5 language with fully keeping the functionality of MQL4.
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MetaTrader 4 / MetaTrader 5 Trading Signals is a service allowing traders to copy trading operations of a Signals Provider.
Some traders do not have enough time for active trading, others do not possess enough self-confidence or knowledge to work in the market. Trading signals make traders' money work rather than merely collecting dust on the accounts.
A monitoring of the current state of a trade account implies controlling open positions and orders. Before a trade signal becomes a deal, it should be sent from the client terminal as a request to the trade server, where it will be placed in the order queue awaiting to be processed. Accepting of a request by the trade server, deleting it as it expires or conducting a deal on its basis - all those actions are followed by trade events; and the trade server informs the terminal about them.
Creating a robust trading robot cannot be done without an understanding of the mechanisms of the MetaTrader 5 trading system. The client terminal receives the information about the positions, orders, and deals from the trading server. To handle this data properly using the MQL5, it's necessary to have a good understanding of the interaction between the MQL5-program and the client terminal.