How to Start with Metatrader 5 - page 142

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Where Do I start from?

Sergey Golubev, 2024.03.20 06:28

Trader-friendly stop loss and take profit

Stop loss and take profit are stop orders that close a position when the price reaches their value. Stop loss allows traders to limit losses, while take profit enables thjem to save their gains. The main advantage of using stop loss and take profit is the ability to control financial risks and use money management.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

How to start with MQL5

Sergey Golubev, 2024.05.09 19:39

Introduction to MQL5 (Part 7): Beginner's Guide to Building Expert Advisors and Utilizing AI-Generated Code in MQL5

The rapid advancement of artificial intelligence in today's technological landscape has sparked discussions regarding the future of coding. Some argue that code produced by AI could replace the need for conventional coding knowledge. But nothing could be further from reality than this. This article seeks to dispel this myth and highlight the importance of knowing how to code. We're going to reveal ways you can incorporate AI-generated code into our programming projects in a seamless way so that it complements rather than replaces our skills. So, let's get started and utilize MQL5 programming fully without any delay. Prepare to apply theory to real-world situations, and let's work some magic!

In this article, we will cover the following topics:

Mastering MQL5

Pseudocode

Generating MQL5 Codes with AI

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Buying or Selling all 7 pairs

Sergey Golubev, 2024.06.01 14:18

Developing a multi-currency Expert Advisor (Part 1): Collaboration of several trading strategies

During my working activities, I had to deal with various trading strategies. As a rule, EAs implement only one trading idea. The difficulties of ensuring stable collaboration of many EAs on one terminal usually force us to select only a small number of the best ones. But it is still a pity to throw away completely workable strategies for this reason. How can we make them work together?

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Buying or Selling all 7 pairs

Sergey Golubev, 2024.06.05 06:47

Developing a multi-currency Expert Advisor (Part 2): Transition to virtual positions of trading strategies 

In the previous article, we started developing a multi-currency EA that works simultaneously with various trading strategies. At the first stage there were only two different strategies. They represented the implementation of the same trading idea, worked on the same trading instrument (symbol) and chart period (timeframe). They differed from each other only in the numerical values of the parameters.

We are now only interested in testing the suitability of this approach, and not the efficiency of its implementation. Therefore, within the framework of this article, we will try to develop at least some working implementation of this approach, which later will help us build a more beautiful one from an architectural point of view since we will already have knowledge on how to avoid mistakes.