The Expert Advisors programming in MQL5 is simple, and you can learn it easy. In this step by step guide, you will see the basic steps required in writing a simple Expert Advisor based on a developed trading strategy. The structure of an Expert Advisor, the use of built-in technical indicators and trading functions, the details of the Debug mode and use of the Strategy Tester are presented.
Surfing the Internet, it is easy to find many strategies, which will give you a number of various recommendations. Let’s take an insider’s approach and look into the process of strategy creation, based on the differences in timezones on different continents.
This article describes the method of information exchange between the Expert Advisor and ICQ users, several examples are presented. The provided material will be interesting for those, who wish to receive trading information remotely from a client terminal, through an ICQ client in their mobile phone or PDA.
Most of the automated trading systems developers use some form of trading signals filtration. In this article, we explore the creation and implementation of bandpass and discrete filters for Expert Advisors, to improve the characteristics of the automated trading system.
MetaTrader 4 gained its popularity with traders from all over the world, and it seemed like nothing more could be wished for. With its high processing speed, stability, wide array of possibilities for writing indicators, Expert Advisors, and informatory-trading systems, and the ability to chose from over a hundred different brokers, - the terminal greatly distinguished itself from the rest. But time doesn’t stand still, and we find ourselves facing a choice of MetaTrade 4 or MetaTrade 5. In this article, we will describe the main differences of the 5th generation terminal from our current favor.
MetaTrader 5 allows us to simulate automatic trading, within an embedded strategy tester, by using Expert Advisors and the MQL5 language. This type of simulation is called testing of Expert Advisors, and can be implemented using multithreaded optimization, as well as simultaneously on a number of instruments. In order to provide a thorough testing, a generation of ticks based on the available minute history, needs to be performed. This article provides a detailed description of the algorithm, by which the ticks are generated for the historical testing in the MetaTrader 5 client terminal.
The article describes an example of creating a class for working with the trade server return codes and all the errors that occur during the MQL-program run. Read the article, and you will learn how to work with classes and objects in MQL5. At the same time, this is a convenient tool for handling errors; and you can further change this tool according to your specific needs.
By creating a sample program of visual design, we demonstrate how to design and construct classes in MQL5. The article is written for beginner programmers, who are working on MT5 applications. We propose a simple and easy grasping technology for creating classes, without the need to deeply immerse into the theory of object-oriented programming.
The article covers the problem of development of active control panels in MQL5. Interface elements are managed by the event handling mechanism. Besides, the option of a flexible setup of control elements properties is available. The active control panel allows working with positions, as well setting, modifying and deleting market and pending orders.