Developing a trading Expert Advisor from scratch (Part 11): Cross order system
by
, 07-03-2022 at 10:41 PM (355 Views)
more...There is one type of assets that makes traders' life very difficult for traders — it is the futures contracts. But why do they make life difficult? When a financial instrument contract expires, a new contract is created which we then trade. Actually, upon contract expiration, we need to finish any its analysis, save everything as a template and import this template into a new contract to continue the analysis. This is a common thing for anyone trade this type of asset, but even futures contracts have some history, and using this history, we can analyze them on an ongoing basis.
Professional traders like to analyze certain past information, in which case a second chart is needed. Now, there is no need to have the second chart if we use the appropriate tools. One of such tools is the use of the cross order system.
-------------------
- Developing a trading Expert Advisor from scratch (Part 11): Cross order system
- Developing a trading Expert Advisor from scratch (Part 10): Accessing custom indicators
- Developing a trading Expert Advisor from scratch (Part 9): A conceptual leap (II)
- Developing a trading Expert Advisor from scratch (Part 8): A conceptual leap
- Developing a trading Expert Advisor from scratch (Part 7): Adding Volume at Price (I)
- Multiple indicators on one chart (Part 06): Turning MetaTrader 5 into a RAD system (II)
- Multiple indicators on one chart (Part 05): Turning MetaTrader 5 into a RAD system (I)
- Multiple indicators on one chart (Part 03): Developing definitions for users
- Multiple indicators on one chart (Part 04): Advancing to an Expert Advisor
- Multiple indicators on one chart (Part 02): First experiments