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In the previous article, we have significantly revised the code architecture to build a multi-currency EA with several parallel working strategies. Trying to achieve simplicity and clarity, we have so far only considered a certain minimum set of functionality. Even considering the limitations of our task, we have significantly altered the code from the previous articles. Now hopefully we have the groundwork that is sufficient enough to increase functionality without radical ...
Fundamental analysis and trend-following strategies are often seen as opposing approaches. Many traders who favor fundamental analysis believe that technical analysis is a waste of time because all necessary information is already reflected in the price. Conversely, technical analysts often view fundamental analysis as flawed because identical patterns, like a head and shoulders, can lead to different outcomes in the same market. more...
In the dynamic world of financial trading using of technical indicators can be of big impact. Bollinger Bands are one such effective technique that traders can use to determine possible entry and exit points based on price volatility and trend strength. This article explores automating trading choices with a Bollinger Bands trading technique utilizing the MQL5 programming language in MetaTrader 5. more...
For novice traders, understanding the basic principles of optimization algorithms can be a powerful tool in finding profitable trades and minimizing risks. For seasoned professionals, deep knowledge in this area can open up new horizons and help create sophisticated trading strategies that exceed expectations. more...
Welcome to the first installment of our comprehensive guide on building custom graphical user interface (GUI) panels in MetaQuotes Language 5 (MQL5)! As traders and developers, we understand the importance of efficient and user-friendly interfaces for our trading tools. In this series, we’ll dive into the world of MQL5 and explore how to create powerful GUI panels that enhance your trading experience. In this initial part, we’ll cover the basics: setting up the project, designing ...
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