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MetaTrader 5 has many useful features that a trader would need, regardless of their trading style, including a possible access to a live news feed. It provides traders with invaluable context that may have some effect on the markets. The only limitation is the scope of the news provided. I believe, traders could benefit from having access to a more flexible news feed that allows the ability to not only choose the kind of news but also its source. ...
The NRTR indicator and trading modules based on NRTR for the MQL5 Wizard In this article we consider an indicator that builds a dynamic price channel. A trading Expert Advisor is created based on this channel. Such systems can perform well in trend periods, but give a lot of false signals in flat movements. Therefore additional trend indicators are required. Choosing an appropriate indicator is not an easy task, and the choice often depends ...
Two interesting indicators for Metatrader 5 - ---------------- 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). ---------------- Vortex Oscillator - indicator for MetaTrader 5 Oscillator based on Vortex indicator - displays ...
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. ...
Table of Contents IntroductionCriticism of common statistics for trading system evaluationThe behavior of common in testing of trading systemsRequirements for the testing criterion of the trading systemLinear RegressionCorrelationCoefficient of determination R^2The arcsine theorem and its contribution to the estimation of linear regressionCollecting the strategy equityCalculating the coefficient of determination R^2 using AlgLib ...