Fallacies, Part 1: Money Management is Secondary and Not Very Important In this article we will discuss very simple things that can very often be deceptive - the graphs of an account balance in the testing report. In reports of strategy testing by beginners we can often see exponential balance/equity graphs and multibillion results by the end of the testing period. Such results usually invoke skeptical comments of experienced EA writers ...
Fallacies, Part 2. Statistics Is a Pseudo-Science, or a Chronicle of Nosediving Bread And Butter The first part of the article heading is a quotation from the post by SergNF dated April 17, 2008 14:04, https://www.mql5.com/ru/forum/108164. Well, even the most strict mathematics turns into a pseudo-science when used by a "researcher" that decides to play with attractive formulas without any practical application. The skepticism ...
Table of ContentsIntroduction1. Generally accepted method of evaluating the RSI indicator2. Area method3. RSIAreaIndicator_v1 3.1. Creating a draft for an indicator3.2. Filling the indicator header line3.3. Editing the indicator's OnInit() function3.4. Creating the additional indicator function3.5. Creating the main operation code of the indicator 4. RSIAreaExpert version 1.00 — Expert Advisor 4.1. Editing the Expert Advisor's header line ...
Updated MetaTrader 4 Web platform: support for technical indicators and 9 new languages The developments on expanding the web platform features are in full swing. Our immediate and most important objective is to provide web traders with technical analysis tools. To address this task, we have started adding technical indicators into the web platform. We have completely revised the chart display model making it possible to apply multiple indicators simultaneously. The ...
This article describes a special algorithm allowing to gain access to elements by their unique keys. Any base data type can be used as a key. For example it may be represented as a string or an integer variable. Such data container is commonly referred to as a dictionary or an associative array. It provides easier and more efficient way of problem solving. More...