Uncategorized

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

...

Tags: metatrader 5, mq5, mql5, mt5

Categories

Uncategorized

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

...

Tags: metatrader 5, mq5, mql5, mt5

Categories

Uncategorized

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.

...

Tags: metatrader 5, mq5, mql5, mt5

Categories

Uncategorized

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

...

Tags: metatrader 5, mq5, mql5, mt5

Categories

Uncategorized

Interesting scripts were found (for MT5):

----------------

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

...