Entries with no category
In this article, we will explore how to create an Expert Advisor (EA) in MetaQuotes Language 5 (MQL5) based on the PIRANHA strategy, focusing on integrating Bollinger Bands. As traders seek effective automated trading solutions, the PIRANHA strategy has emerged as a systematic approach that capitalizes on market fluctuations, making it an appealing choice for many Forex enthusiasts. more...
More to follow about good free channels (which we can subscribe to) for some information about trading and coding), and for now - the channels about the articles and about new free tools in CodeBase (it is recommended to subscribe): RU - https://www.mql5.com/ru/channels/algo-trading-ru EN - https://www.mql5.com/ru/channels/algo-trading-en ES - https://www.mql5.com/ru/channels/algo-trading-es FR - https://www.mql5.com/ru/channels/algo-trading-fr PT - https://www.mql5.com/pt/channels/algo-trading-pt ...
Throughout the entire series, we addressed the topic of risk control several times. The concepts of a normalized trading strategy were introduced, the parameters of which ensure that a drawdown level of 10% is achieved during the test period. However, normalizing trading strategy instances, as well as groups of trading strategies, in this way can only provide a given drawdown over a historical period. We cannot be sure that the specified drawdown level will be observed when starting a test ...
Free good channels (which we can subscribe to) with some information about trading and coding, and for now - the channels about the articles and about new free tools in CodeBase (it is recommended to subscribe because the tools are totally free by source codes): RU - https://www.mql5.com/ru/channels/algo-trading-ru EN - https://www.mql5.com/en/channels/algo-trading-en ES - https://www.mql5.com/es/channels/algo-trading-es FR - https://www.mql5.com/fr/channels/algo-trading-fr ...
The concept of volatility in the financial market is very important to understand and to make it work in your favor when you are trading in the market. The main purpose of this article is to help you save time by providing you with many test results for trading systems based on the concept of volatility using the Keltner Channel technical indicator to find out how it can work as part of your complete system to measure volatility or take action under certain conditions concerning this important concept. ...