Claude Shannon in 1948 introduced his paper “A mathematical theory of communication” that had the novel ideal of information entropy. Entropy is a concept from physics. It is a measure of the extent to which particles within an object are active. If we consider the 3 states of water namely ice, liquid and vapor for example; we can see that the particle kinetic energy is highest in vapor and least in ice. This same concept is applied in mathematics ...
Special data types — matrices and vectors — have been added to the MQL5 language to solve a large class of mathematical problems. The new types offer built-in methods for creating concise and understandable code that is close to mathematical notation. In this article, we provide a brief description of built-in methods from the Matrix and vector methods help section. more...
Here is a new article in our series about learning how to design a trading system based on the most popular technical indicators for beginners through learning the root of things. We will learn a new technical tool in this article and it will be the Awesome Oscillator indicator as we will identify it in more detail to learn what it is, what it measures, and how to use it based on the main concept behind it through simple strategies, and how to create ...
Welcome to my new article in our series to learn new technical tools in detail and design a simple trading system with this tool. It is the Relative Vigor Index (RVI) indicator, we will cover it through the following topics: Relative Vigor Index definitionRelative Vigor Index strategyRelative Vigor Index strategy blueprintRelative Vigor Index trading systemConclusion more...
Commodity Channel Index (CCI) is familiar to every trader. It was developed by Donald Lambert and first published in the Commodities magazine (now – Modern Trader) in 1980. Since then, this indicator has gained well-deserved fame and has become very popular among traders. It is present in the MetaTrader trading platform toolkit and is used both in manual trading and as part of automated trading systems. more...
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