MQL5 programs not only automate routine calculations, but also can create a full-featured graphical environment. The functions for creating truly interactive controls are now virtually the same rich, as those in classical programming languages. If you want to write a full-fledged stand-alone program in MQL5, use resources in them. Programs with resources are easier to maintain and distribute.
This article describes the econometric methods of analysis, the autocorrelation analysis and the analysis of conditional variance in particular. What is the benefit of the approach described here? Use of the non-linear GARCH models allows representing the analyzed series formally from the mathematical point of view and creating a forecast for a specified number of steps.
In this article I will discuss the development of Expert Advisor, based on the book "New Trading Dimensions: How to Profit from Chaos in Stocks, Bonds, and Commodities" by Bill Williams. The strategy itself is well known and its use is still controversial among traders. The article considers trading signals of the system, the specifics of its implementation, and the results of testing on historical data.
Is there any correlation between the past price behavior and its future trends? Why does the price repeat today the character of its previous day movement? Can the statistics be used to forecast the price dynamics? There is an answer, and it is positive. If you have any doubt, then this article is for you. I'll tell how to create a working filter for a trading system in MQL5, revealing an interesting pattern in price changes.
Debate about an optimal way of calculating indicators is endless. Where should we calculate the indicator values - in the indicator itself or embed the entire logic in a Expert Advisor that uses it? The article describes one of the variants of moving the source code of a custom indicator iCustom right in the code of an Expert Advisor or script with optimization of calculations and modeling the prev_calculated value.
Time has been a great value throughout the history of mankind, and we strive not to waste it unnecessarily. This article will tell you how to accelerate the work of your Expert Advisor if your computer has a multi-core processor. Moreover, the implementation of the proposed method does not require the knowledge of any other languages besides MQL5.
This article is intended to get its readers acquainted with a possible variant of using graphical objects of the MQL5 language. It analyses an indicator, which implements a panel of managing a simple spectrum analyzer using the graphical objects. The article is meant for readers acquianted with basics of MQL5.