mql5

Two interesting indicators for Metatrader 5 -



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Vortex - indicator for MetaTrader 5

The indicator was described in the article "The Vortex Indicator" published in the January issue of "Technical Analysis of Stocks & Commodities" (2010).

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Vortex Oscillator - indicator for MetaTrader 5

Oscillator based on Vortex indicator - displays

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Who might benefit from the article:

cryptocurrency exchange traders;
investors familiar with MetaTrader 5 and portfolio investments;
freelance programmers who can now execute the customers' orders related to cryptocurrency trading in a simpler (and cheaper) way;
everyone who follows the new MetaTrader 5 and MQL5 language features.
First, we need to choose a cryptocurrency exchange providing a web API.

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Table of Contents

• Introduction
• Criticism of common statistics for trading system evaluation
• The behavior of common in testing of trading systems
• Requirements for the testing criterion of the trading system
• Linear Regression
• Correlation
• Coefficient of determination R^2
• The arcsine theorem and its contribution to the estimation of linear regression
• Collecting the strategy equity
• Calculating the coefficient of determination R^2 using AlgLib

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Interesting scripts were found (for MT5):

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Pending orders UP - script for MetaTrader 5

The "Pending orders UP" script sets a grid of orders above the current price.
Input Parameters

• Gap for pending orders UP from the current price (in pips) - the distance from the current price to place the first pending order.
• Step between orders UP (in pips) - distance between pending orders.
• Type

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How to trade on an external cryptocurrency exchange via MetaTrader 5

[QUOTE]
Not so long ago, the MQL5 language developers have introduced the updated functionality featuring the ability to develop custom symbols and charts. The broad traders' community has not yet had time to appreciate the power of this innovation, but even an easy and unobtrusive brainstorm shows an enormous potential hidden in the custom symbols. Together with other ...

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