Article explains how to read testing reports and to interpret the obtained results properly.
The article deals with various ways of how to control open positions and pending orders. It is devoted to simplifying of writing Expert Advisors.
Trading in financial markets is associated with a whole range of risks that should be taken into account in the algorithms of trading systems. Reducing such risks is the most important task to make a profit when trading.
The article focuses on one-step-ahead forecasting for EURUSD using EViews software and a further evaluation of forecasting results using the programs in EViews. The forecast involves regression models and is evaluated by means of an Expert Advisor developed for MetaTrader 4.
The Accumulation/Distribution (A/D) Indicator has one interesting feature - a breakout of the trend line plotted in this indicator chart suggests, with a certain degree of probability, a forthcoming breakout of the trend line in the price chart. This article will be useful and interesting for those who are new to programming in MQL4. Having this in view, I have tried to present the information in an easy to grasp manner and use the simplest code structures.
The article describes the work with indicators through the universal CUnIndicator class. In addition, new methods of working with pending orders are considered. Please note: from this point on, the structure of the CStrategy project has undergone substantial changes. Now all its files are located in a single directory for the convenience of users.
The article describes the process of creation of a universal indicator based on all oscillators available in the terminal, with its own graphical interface. The GUI allows users to quickly and easily change settings of each oscillator straight from the chart window (without having to open its properties), as well as to compare their values and to select an optimal option for a specific task.
When creating custom programs, code editor is of great importance. The more functions are available in the editor, the faster and more convenient is creation of the program. Many programs are created on basis of an already existing code. Do you use an indicator or a script that does not fully suit your purposes? Download the code of this program from our website and customize it for yourselves.
Testing manual strategies on history. Check how your trading algorithm works turning a deaf ear to programming niceties!
This article draws your attention to the brief review of the method and program code of the mechanical trading system based on the technique proposed by Stanislav Chuvashov. The market analysis considered in the article has something in common with Thomas DeMark's approach to drawing trend lines for the last closest time interval, fractals being the reference points in the construction of trend lines.
Even simple programs may often have errors that seem to be unbelievable. "How could I create that?" is our first thought when such an error is revealed. "How can I avoid that?" is the second question which comes to our mind less frequently. It is impossible to create absolutely faultless code, especially in big projects, but it is possible to use technologies for their timely detection. The article describes how the MQL4 code quality can be enhanced with the help of the popular Unit Testing method.
We all are aware of that "No profit obtained in the past will guarantee any success in future". However, it is still very actual to be able to estimate trading systems. This article deals with some simple and convenient methods that will help to estimate trade results.
The article considers all kinds of divergence: simple, hidden, extended, triple, quadruple, convergence, as well as divergences of A, B and C classes. A universal indicator for their search and display on the chart is developed.
This article will teach you how to receive trade signals that are necessary for a trade system to work. The examples of forming 20 trade signals are given here as separate custom functions that can be used while developing Expert Advisors. For your convenience, all the functions used in the article are combined in a single mqh include file that can be easily connected to a future Expert Advisor.
It is essential to detect whether a market is flat or not for many strategies. Using the well known ADX we demonstrate how we can use the Strategy Tester not only to optimize this indicator for our specific purpose, but as well we can decide whether this indicator will meet our needs and get to know the average range of the flat and trend markets which might be quite important to determine stops and targets of the markets.