The current article continues the series describing indicators and setups that generate trading signals. This time, we will have a look at the pivots — reversal levels (points). We will apply the Standard Library again. First, we will consider the reversal level indicator, develop a basic strategy based on it and finally search for the means to improve it. more...
The MetaTrader 4 and MetaTrader 5 client terminals allow users to create prototypes of MQL programs using the built-in MQL Wizard. The Wizards of the two terminal versions are similar, but still have one important difference. The MetaTrader 5 Wizard can generate ready-to-use Expert Advisor, while this option is not available in the MetaTrader 4 Wizard. The reason for that is that such ready-to-use Expert Advisors are based on the Standard MQL Library ...
Economic Calendar: already available on MQL5.com, coming soon in MetaTrader 5 A new service has been launched on MQL5.com — the economic calendar tool is intended to provide useful information about macroeconomic events. It is considered a major fundamental market analysis tool developed by MetaQuotes Software on the bases of real-time data collected from public sources. The current version features economic news from the US, Japan ...
2017-05-12 13:30 GMT | [USD - Retail Sales] past data is 0.1%forecast data is 0.6%actual data is 0.4% according to the latest press release if actual > forecast (or previous one) = good for currency (for USD in our case) [USD - Retail Sales] = Change in the total value of sales at the retail level. ========== 2017-05-12 13:30 GMT | [USD - CPI] past data is -0.3%forecast data is 0.3%actual data is ...
ContentsIntroductionWord wrap mode in a multiline text boxDescription of the algorithm and auxiliary methodsDescription of the main methodsApplication for testing the controlsConclusion more...