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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 ...
More to follow about promotion of 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/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 ...
We stick to this format for this article, where we go over pattern by pattern for the parabolic SAR before concluding with a test run that combines multiple patterns as we did in the last articles. The parabolic SAR is computed almost independently with each new bar, since some of the parameters that go into its formula need to be adjusted, as we will see below. This trait, though, makes it very sensitive to price changes and trends in general, which in turn makes the case for its use within a custom ...
In this article we will create the zone recovery martingale forex trading strategy expert advisor (EA) in MetaQuotes Language 5 (MQL5) for MetaTrader 5 (MT5) step by step. The zone recovery martingale strategy is a common strategy that is oriented to counter loosing positions by opening opposite positions with a slightly greater trading volume that cancels the losing positions. It is basically a trend following strategy that does not care about the direction of the market, with the hope that ...
From the beginning of this article series, our emphasis has been on aligning our experts with the prevailing sentiment of the daily (D1) candles. The shape of the daily candle has served as the primary guiding feature. However, we needed to scale down to lower timeframes to identify entry levels within the D1 market. For example, at the M1 timeframe, we wanted the market to reach extreme levels on the Relative Strength Index (RSI) to signal potential trades for the Expert Advisor. At this ...
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