Embracing technical indicators in price action analysis is a powerful approach. These indicators often highlight key levels of reversals and retracements, offering valuable insights into market dynamics. In this article, we demonstrate how we developed an automated tool that generates signals using the Parabolic SAR indicator.
What is the essence of Gann Theory? How are Gann angles constructed? We will create Gann Angles indicator for MetaTrader 5.
How to purchase a trading robot from the MetaTrader Market and to install it?
A product from the MetaTrader Market can be purchased on the MQL5.com website or straight from the MetaTrader 4 and MetaTrader 5 trading platforms. Choose a desired product that suits your trading style, pay for it using your preferred payment method, and activate the product.
How to earn money by fulfilling traders' orders in the Freelance service
MQL5 Freelance is an online service where developers are paid to create trading applications for traders customers. The service has been successfully operating since 2010, with over 100,000 projects completed to date, totaling $7 million in value. As we can see, a substantial amount of money is involved here.
The article is a continuation of the series for beginners. It covers in detail data arrays, the interaction of data and functions, as well as global terminal variables that allow data exchange between different MQL5 programs.
The article is devoted to the AMO algorithm, which models the seasonal migration of animals in search of optimal conditions for life and reproduction. The main features of AMO include the use of topological neighborhood and a probabilistic update mechanism, which makes it easy to implement and flexible for various optimization tasks.
In this article, we build a grid trading expert advisor in MQL5 that uses dynamic lot scaling. We cover the strategy design, code implementation, and backtesting process. Finally, we share key insights and best practices for optimizing the automated trading system.
Price action can be effectively analyzed by identifying divergences, with technical indicators such as the RSI providing crucial confirmation signals. In the article below, we explain how automated RSI divergence analysis can identify trend continuations and reversals, thereby offering valuable insights into market sentiment.
How to purchase a trading robot from the MetaTrader Market and to install it?
A product from the MetaTrader Market can be purchased on the MQL5.com website or straight from the MetaTrader 4 and MetaTrader 5 trading platforms. Choose a desired product that suits your trading style, pay for it using your preferred payment method, and activate the product.
In this article, we automate order block detection in MQL5 using pure price action analysis. We define order blocks, implement their detection, and integrate automated trade execution. Finally, we backtest the strategy to evaluate its performance.
In this discussion, we take a step further in breaking down our MQL5 program into smaller, more manageable modules. These modular components will then be integrated into the main program, enhancing its organization and maintainability. This approach simplifies the structure of our main program and makes the individual components reusable in other Expert Advisors (EAs) and indicator developments. By adopting this modular design, we create a solid foundation for future enhancements, benefiting both our project and the broader developer community.
Having a proper understanding of different ideas allows us to do more with less effort. In this article, we'll look at why it's necessary to configure a template before the service can interact with the chart. Also, what if we improve the mouse pointer so we can do more things with it?
Today we will look at how to use predefined MQL5 language variables and constants. In addition, we will analyze another special type of variables: functions. Knowing how to properly work with these variables can mean the difference between an application that works and one that doesn't. In order to understand what is presented here, it is necessary to understand the material that was discussed in previous articles.
The article uses block diagrams to examine the logic of the candlestick-based training EAs located in the Experts\Free Robots folder of the terminal.
Soft Actor Critic is a Reinforcement Learning algorithm that we looked at in a previous article, where we also introduced python and ONNX to these series as efficient approaches to training networks. We revisit the algorithm with the aim of exploiting tensors, computational graphs that are often exploited in Python.
In this article, we build a Keltner Channel indicator with custom canvas graphics in MQL5. We detail the integration of moving averages, ATR calculations, and enhanced chart visualization. We also cover backtesting to evaluate the indicator’s performance for practical trading insights.
Experience a step-by-step guide on creating a custom JSON parser in MQL5, complete with object and array handling, error checking, and serialization. Gain practical insights into bridging your trading logic and structured data with this flexible solution for handling JSON in MetaTrader 5.
