Any trading algorithm is generally a tool which may bring profit to an experienced trader or instantly destroy a deposit of an inexperienced one. The issue of creating a profitable and reliable algorithm is that we cannot understand what needs to be done in order to earn money and what methods are used by "successful traders". While HFT, arbitrage, option strategies and calendar spread-based systems boast a solid theoretical basis clearly stating what ...
Two iRSI in one subwindow - indicator for MetaTrader 5 Place two iRSI (Relative Strength Index, RSI) indicators - ' Fast ' and ' Slow ' in one subwindow. Moreover, each indicator has independent parameters: XXXX averaging period - averaging period XXXX type of price - price type
MACD Threshold Value Alert - indicator for MetaTrader 5 Development of the MACD Threshold Value version. When a signal line is found above or below one of the ' Threshold ' lines, an alert is triggered. IMACD (Moving Average Convergence / Divergence, MACD) indicator with two levels (two threshold values). The levels are displayed as lines, but are drawn by indicator buffers.
Table of Contents IntroductionGeneral What Are Overbought/Oversold Zones in terms of the Process DynamicsOn Accuracy in Detecting the Overbought/Oversold ZonesConsequences of Entering the Market When in the Overbought/Oversold ZoneEvaluating Losses Related to the Risk of Opening a Position in Overbought/Oversold ZonesConsequences of Exiting the Market When in the Overbought/Oversold Zone Pros and Contras of Using Conventional Indicators to Detect Overbought/Oversold Zones ...
Contents IntroductionFormulation of the problemRevising the application structureConclusion We have previously created the basic functionality, which is designed to assist the traders who prefer manual trading. We mainly focused on convenient work related to order placing, and thus most of the functions were related to market entries. However, any trading strategy, whether it be manual or automatic, should have three main ...