How to Start with Metatrader 5 - page 49

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Something Interesting in Financial Video November 2014

newdigital, 2014.11.27 10:23

Suri Duddella, Webinar: The Success and Failure of Chart Patterns



Suri Duddella, 19+ years full-time Futures/Equities/Options Trader. Patterns based Algorithmic Trading. Author -- "Trade Chart Patterns Like The Pros" book.

• Chart Pattern Modeling
• Essential pattern structure components and analysis
• Practical statistics of patterns success and failures
• Examples of many patterns
  

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A chart pattern is a distinct formation on a stock chart that creates a trading signal, or a sign of future price movements. Chartists use these patterns to identify current trends and trend reversals and to trigger buy and sell signals.



Identifying chart patterns is simply a system for predicting stock market trends and turns! Well, a trend is merely an indicator of an imbalance in the supply and demand. These changes can usually be seen by market action through changes in price. These price changes often form meaningful chart patterns that can act as signals in trying to determine possible future trend developments. Research has proven that some patterns have high forecasting probabilities. These patterns include: The Cup & Handle, Flat Base, Ascending and Descending Triangles, Parabolic Curves, Symmetrical Triangles, Wedges, Flags and Pennants, Channels and the Head and Shoulders Patterns.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

How to Start with Metatrader 5

newdigital, 2014.05.07 18:18

Just a reminder

There is good article concerning to fundamental trading (for creation of the EAs related to News Trading) :

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Building an Automatic News Trader



As Investopedia states, a news trader is "a trader or investor who makes trading or investing decisions based on news announcements". Indeed, economic reports such as a country's GDP, consumer confidence indexes and employment data of countries, amongst others, often produce significant movements in the currency markets. Have you ever attended a U.S. Non-Farm Payrolls release? If so, you already know that these reports may determine currencies' recent future and act as catalysts for trends reversals.

[Sergey Golubev]

There are some people who are asking - "Where to start? This website is very big one ... how can I start with MT5, signals and the market?" ... well ... start with the following :

Forum on trading, automated trading systems and testing trading strategies

new bee

newdigital, 2013.12.23 16:51

you should read and read ...

• Frequently Asked Questions about the Signals service
• How to start with MT5 platform : summary.
• MetaTrader 5 - More Than You Can Imagine!
  
• How to Start with Metatrader 5

and read articles.

No any personal consultant here sorry ... people may help but just for some concrete questions.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

All (not yet) about Strategy Tester, Optimization and Cloud

angevoyageur, 2013.08.20 19:47

A must ! Before using it or asking any question : please read the Online Help  (Also accessible by F1 on your MT5 platform)

Strategy Tester

For Traders

• General overview of the possibilities.
  

• Overview of results : Visualize a Strategy in the MetaTrader 5 Tester

• If you are thinking to buy a product on the Market : How to Test a Tading Robot before buying.

• If you don't see all strategy tester fields, they are probably hidden.

• How to use settings resulting from EA Optimization in your EA (without manually changing it). 

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For Programmers

• Detailed description of it works : Testing trading strategies (documentation).

• As noted by erdah, SendNotification, SendMail, SendFTP don't work in Strategy Tester (of course).
• IndicatorParameters() doesn't work in StrategyTester.
  
• OnChartEvent() in Strategy Tester.

• General description of how to use it : The Fundamentals of Testing in MetaTrader 5

• How ticks are generated : The Algorithm of Ticks’ Generation

• Discussion about Strategy Tester mode (1 minute OHLC vs every tick)

• How to test a strategy for all timeframe and compare results ?

• Using the TesterWithdrawal() Function for Modeling the Withdrawals of Profit

• How to use file with Strategy tester.

Optimization

• Description of the algorithm used for fast optimization : Genetic Algorithm - It's easy.

• Creating Custom Criteria of Optimization of Expert Advisors

• Running optimization from command line : https://www.mql5.com/en/forum/13468

• Don't expect too much from optimization and try to prevent curve over fit.
  

Cloud

Announce of the launch : MQL5 Cloud Network launched.

As Users

• How it works, an overview : Speed Up Calculations with the MQL5 Cloud Network

• Optimization by example : MQL5 Cloud Network : Are you Still Calculating ?

Some useful topic about usage of the Cloud :

• New Error message : endless loop detected in OnInit function

As Providers (agents)

• Frequently Asked Question about the Cloud Newtwork (FAQ).

• When you start to provide agents on the Cloud, you have to be patient and use the search engine.

• An example of what you can expect as agents provider or New 1 year of Cloud's agents providing
  

Work in progress, stay tuned !

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Market Condition Evaluation based on standard indicators in Metatrader 5

newdigital, 2013.09.01 21:06

This my post? red dotted lines are for possible sell stop trade, blue dotted lines are are possible buy stop ...

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Anyway - I just copied some latest summary from this thread :

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Market Condition Evaluation

story/thread was started from here/different thread

================================

Market condition

• the theory with examples (primary trend, secondary trend) - read staring from this post till this one

• Summary about market condition theory is on this post 

• Practical examples about every market condition case by indicators: starting from this page till this one
   
• trendstrength_v2 indicator is here,
   
• AbsoluteStrength indicator new version is here

• AbsoluteStrength indicator old version is on this post
  
  
• AbsoluteStrengthMarket indicator is here to download.
  
  
• good feature in Metatrader 5: moving  stop loss/take profit by mouse on the chart (video about howto)
  
  
• Market condition setup (indicators and template) is here
   

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3 Stoch MaFibo trading system for M5 and M1 timeframe 

• trading examples 
  
  
• template to download
   
• explanation how to trade and more explanation here
  
  
• how to install
  
  
• 2stochm_v4 EA is on this post.
   

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PriceChannel ColorPar Ichi system.

 

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MaksiGen trading system 

• indicator to download
   
• some explanation about the system in general how to use
  
  
• Trading examples with MT5 statement, more trading is here.
  
  
• Paramon trading system iis on this post; How to trade the system - manual trading with live examples - read this page.
  
  

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 Merrill's patterns are on this page.

 

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Divergence - how to use, explanation and where to read about.

  

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Scalp_net trading system

• template/indicators and how to use are on this comment.
  
  
• scalp_net_v132_tf EA is on this post with optimization results/settings for EURUSD M5 timeframe
   
• possible settings #1 for this EA for EURUSD M5 timeframe with backtesting results is on this post.
   

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MTF systems 

• Maksigen MTF system

more to follow ...

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MA Channel Stochastic system is here.

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Ichimoku

• The theory of the signals
• Ichimoku alert indicator with arrows
• Ichimoku alert indicator improved : warning alert mode was fixed and autosettings feature was added

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

How to Start with Metatrader 5

newdigital, 2013.09.20 08:21

Summaries :

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1. How to Start with MT5, a summary !
   
   
2. All (not yet) about Strategy Tester, Optimization and Cloud
   
   
3. ASCTREND SYSTEM summary (incl 2 good EAs)
   
   
4. BRAINTRADING SYSTEM HowTo
   
   
5. PriceChannel Parabolic system (incl 2 versions of the EA)
   
   
6. Market Condition Evaluation (2 EAs were created)
   
   
7. Ichimoku
   
   
8. Financial and trading videos - Table of Contents
   
   
9. All about Calendar tab and Macro Economic Events
   
   
10. All about MQL5 Wizard : create robots without programming

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

How to Start with MT5, a summary !

angevoyageur, 2013.03.15 16:12

How to start with MT5 platform : summary.

As our topic about "How to start with Metatrader 5" is going to be huge, here you find a summary, with main links.

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• A very good article to learn how to use this site.
  

• For a general overview of changements and improvements in MT5 plateform, read MetaTrader 5 - More Than You Can Imagine!

• Probably the biggest revolution is in management of trades : Orders, Positions and Deals in MetaTrader 5

• Vidéo : You can now change your stoploss/takeprofit by mouse directly on the chart.

• What is "trading on closed bar" ?

• About Signals : a mini-faq by newdigital, and some interesting information from his experience.
  

• Your first Expert Advisor ? Do you know you can create automated trading without programming ?

• Metaquotes has too his own Cloud network to help optimize your trading strategy. You have also plenty possibilities to backtesting a strategy.

• Vidéo : How to change period (timeframe) of current chart ? MT5 have many more available timeframes. (another method to do it).

• You want to try manual trading, but you don't even an idea how ? A very good system to begin. 

• If you are using Linux, it'is possible to use MT5, but with some limitations.

• Who Is Who in MQL5.community?

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For developpers.

• If you want to begin to programming with MT5, here is good step-by-step guide.

• If you come from MQL4, this article is a must.
  

• A very good and easy to understand article about use of arrays.

• Big news with MT5 is possibility to use OOP (Object Oriented Programming), specially we have now a Standard Library : great feature !
  

Work in progress, stay tuned :-)

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

Chart Patterns

newdigital, 2013.09.08 15:33

Look at the following post :

• Discussion of article "Analysing Candlestick Patterns"
• 3 Easy Triangle Patterns Every Forex Trader Should Know
• HWAFM for Metatrader 5 (free tool)
• Merrill's patterns for downtrend
• Merrill's patterns for uptrend

[Sergey Golubev]

What is an Inside bar? (based on dailyfx article)

Inside bars are easily identified pricing patterns that can be found on virtually any chart. The pattern itself requires some simple technical analysis, which includes identifying a series of highs and lows on a daily chart. The idea is that the current candle on the graph will not exceed the previous candles high or low, thus leaving it “inside”.

[Sergey Golubev]

Forum on trading, automated trading systems and testing trading strategies

new bee

newdigital, 2013.12.23 16:51

you should read and read ...

• Frequently Asked Questions about the Signals service
• How to start with MT5 platform : summary.
• MetaTrader 5 - More Than You Can Imagine!
  
• How to Start with Metatrader 5

and read articles.