History of MQL5.community development

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?

The main point of this article is to show a practical way to implement an effective MM. This can be achieved only by using a certain kind of strategies that we need to identify and describe first. In the following we’ll cover the basic concepts of how to build such a strategy and we’ll point out the common mistakes which always end up in draining a trader’s account.