Discussion of article "Category Theory in MQL5 (Part 12): Orders"

 

New article Category Theory in MQL5 (Part 12): Orders has been published:

This article which is part of a series that follows Category Theory implementation of Graphs in MQL5, delves in Orders. We examine how concepts of Order-Theory can support monoid sets in informing trade decisions by considering two major ordering types.

For this article we will consider orders within category theory and how, like on our previous article, they could supplement trading setups via trailing stops. Orders, speaking plainly, are concerned with ranking the ‘magnitude’ of various elements, typically found in a set. They bring to light the idea that a particular set can have its elements ranked according to multiple criteria. Category theory adds dimension to this by introducing notion of set of sets and even set of set of sets (etc.). For this article therefore, we will be dwelling on set ranks.

Specifically, we will focus on patterns in ordered sets as a means of generating trade exits. There are many sets that could be considered in this effort since our list could range from price action patterns, to indicator patterns or even common multi-asset index patterns. However, keeping with the steps of a basic trading system we looked at in previous articles, we will reconstitute the three-intra steps between the first and last steps of our five-step process, into subsets in order to derive our ordered set patterns.

Category Theory in MQL5

Author: Stephen Njuki

 

It's disappointing, again no EA that produces the shown test results. :(

Please provide the EA(s) here with the setup so that we can reproduce the results.

Reason: