A quick refresher for the previous article in the News Trading Made Easy series. In part 1, we went through the concept of DST(Daylight Savings Time) and the various versions for different countries that essentially change their time zones by an hour ahead and behind during a financial year. This will change trading schedules for the related brokers using DST. The reasons for creating a database and the benefits were addressed. A database was created to store the news events from the MQL5 Economic Calendar ...
Smart Money Concepts (SMC) and Order Blocks are critical areas on the chart where institutional traders typically execute large buying or selling orders. These zones often mark the origins of significant price movements, making them vital for traders seeking to align their strategies with institutional market activity. Understanding how these key levels influence price action can provide retail traders with more profound insight into the underlying market dynamics, allowing them to anticipate ...
Now, we'll explore the remaining array functions in Part 6, which will guarantee that you have a thorough understanding of these useful tools. Our objective is still to cover the basic ideas required for automating trading strategies, regardless of your experience level as a developer or level of familiarity with algorithmic trading. Our goal in delving into the nuances of these functions is to promote a comprehensive comprehension so that each reader can competently traverse the ever-changing terrain ...
The purpose of this article is to create templates for including indicators to EAs. Let's look at indicators from the oscillator category, their input variables, creating an indicator handle and obtaining the required data from it. Average True Range ParametersInitializationDeinitializationData retrieval Bears Power ParametersInitializationDeinitializationData retrieval Bulls Power Parameters ...
F5 Networks Inc. stock price gained 44% from $139 in 2019 end, to around $200 currently, primarily due to favorable changes in its P/S multiple. Additionally, the company witnessed a rise in revenue over this period, and revenue per share has increased, despite a rise in the outstanding share count. more...