In this article, we advance our MQL5 Economic Calendar series by preparing the trading system for strategy testing in non-live mode, leveraging embedded economic event data for reliable backtesting. Building on Part 6’s automation of trade entries with news analysis and countdown timers, we now focus on loading news events from a resource file and applying user-defined filters to simulate live conditions in the Strategy Tester. more...
Backtesting trading strategies is a cornerstone of successful trading, but automating every idea can feel restrictive, while manual testing often lacks structure and precision. What if you could combine the control of manual trading with the power of MetaTrader 5’s Strategy Tester? In this article, we introduce a custom MetaQuotes Language 5 (MQL5) Expert Advisor (EA) that transforms manual backtesting into an intuitive, efficient process—equipping you with a toolkit to test strategies on ...
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 ...
Gothic gargoyles appeared, lights dimmed, and the crowd chanted the prima donna’s name at the desert operahouse. It was Friday night at Coachella and Lady Gaga was about to tell the story of Mayhem — and give the performance of a lifetime. more...
In the preceding article of this series, we delved into the process of sending chart snapshots with captions from MetaTrader 5 to Telegram. Our approach, while effective, was rather straightforward and somewhat inflexible. We chained together the components necessary to capture a screenshot, convert or encode it into a message-friendly form, and send it along to Telegram. Although this setup worked, it resulted in a fair bit of code that was repetitive and not all that manageable. So, what ...
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