Any trader would give a lot for opportunity to accurately detect a trend at any given time. Perhaps, this is the Holy Grail that everyone is looking for. In this article we will consider several ways to detect a trend. To be more precise - how to program several classical ways to detect a trend by means of MQL5.
We continue to enhance the Signals service, improve the mechanisms, add new functions and fix flaws. The MetaTrader Signals Service of 2012 and the current MetaTrader Signals Service are like two completely different services. Currently, we are implementing A Virtual Hosting Cloud service which consists of a network of servers to support specific versions of the MetaTrader client terminal.
What is social trading? It is a mutually beneficial cooperation of traders and investors whereby successful traders allow monitoring of their trading and potential investors take the opportunity to monitor their performance and copy trades of those who look more promising.
Recently MetaTrader 4 and MetaTrader 5 user received an opportunity to become a Signals Provider and earn additional profit. Now, you can display your trading success on your web site, blog or social network page using the new widgets. The benefits of using widgets are obvious: they increase the Signals Providers' popularity, establish their reputation as successful traders, as well as attract new Subscribers. All traders placing widgets on other web sites can enjoy these benefits.
MetaTrader 4 / MetaTrader 5 Trading Signals is a service allowing traders to copy trading operations of a Signals Provider. Our goal was to develop the new massively used service protecting Subscribers and relieving them of unnecessary costs.
Do you want to offer your trading signals and make profit? Register on MQL5.com website as a Seller, specify your trading account and offer traders a subscription to copy your trades.
The article describes the examples of creating directories, copying data, filing, working with the symbols in Market Watch or the common list, as well as the examples of handling errors, etc. All these elements can eventually be gathered in a single script for filing the data in a user-defined format.
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.
The article describes the automation of trend lines plotting based on the Fractals indicator using MQL4 and MQL5. The article structure provides a comparative view of the solution for two languages. Trend lines are plotted using two last known fractals.
In order to expand possibilities of retail Forex traders, we have added the second accounting system — hedging. Now, it is possible to have multiple positions per symbol, including oppositely directed ones. This paves the way to implementing trading strategies based on the so-called "locking" — if the price moves against a trader, they can open a position in the opposite direction.
Before any product is published in the Market, it must undergo compulsory preliminary checks in order to ensure a uniform quality standard. This article considers the most frequent errors made by developers in their technical indicators and trading robots. An also shows how to self-test a product before sending it to the Market.
This article is intended primarily for the programmers who have already learned the language but have not fully mastered the program development yet. It reveals some debugging techniques and presents a combined experience of the author and many other programmers.
The article is based on 'The Mathematics of Money Management' by Ralph Vince. It provides the description of empirical and parametric methods used for finding the optimal size of a trading lot. Also the article features implementation of trading modules for the MQL5 Wizard based on these methods.
The development of trading strategies primarily focuses on searching for patterns for entering and exiting the market, as well as maintaining positions. If we are able to formalize some patterns into rules for automated trading, then the trader faces the question of calculating the volume of positions, the size of the margins, as well as maintaining a safe level of mortgage funds for assuring open positions in an automated mode. In this article we will use the MQL5 language to construct simple examples of conducting these calculations.
The basic rule of trader - let profit to grow, cut off losses! This article considers one of the basic techniques, allowing to follow this rule - moving the protective stop level (Stop loss level) after increasing position profit, i.e. - Trailing Stop level. You'll find the step by step procedure to create a class for trailing stop on SAR and NRTR indicators. Everyone will be able to insert this trailing stop into their experts or use it independently to control positions in their accounts.
You don't need to know what are polymorphism, encapsulation, etc. all about in to use object-oriented programming (OOP)... you may simply use these features. This article covers the basics of OOP with hands-on examples.
The complex codes consist of a set of simple codes. If you are familiar with them, it doesn't look so complicated. In this article, we will consider how to create an indicator with multiple indicator buffers. As an example, the Aroon indicator is analyzed in details, and two different versions of the code are presented.
The generator of trading strategies of the MQL5 Wizard greatly simplifies testing of trading ideas. The article describes how to develop a custom risk and money management module and enable it in the MQL5 Wizard. As an example we've considered a money management algorithm, in which the size of the trade volume is determined by the results of the previous deal. The structure and format of description of the created class for the MQL5 Wizard are also discussed in the article.
Most developers need to have their code secured. This article will present a few different ways to protect MQL5 software - it presents methods to provide licensing capabilities to MQL5 Scripts, Expert Advisors and Indicators. It covers password protection, key generators, account license, time-limit evaluation and remote protection using MQL5-RPC calls.
The Expert Advisors programming in MQL5 is simple, and you can learn it easy. In this step by step guide, you will see the basic steps required in writing a simple Expert Advisor based on a developed trading strategy. The structure of an Expert Advisor, the use of built-in technical indicators and trading functions, the details of the Debug mode and use of the Strategy Tester are presented.