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. ...
Table of Contents IntroductionCriticism of common statistics for trading system evaluationThe behavior of common in testing of trading systemsRequirements for the testing criterion of the trading systemLinear RegressionCorrelationCoefficient of determination R^2The arcsine theorem and its contribution to the estimation of linear regressionCollecting the strategy equityCalculating the coefficient of determination R^2 using AlgLib ...
How to trade on an external cryptocurrency exchange via MetaTrader 5 [QUOTE] Not so long ago, the MQL5 language developers have introduced the updated functionality featuring the ability to develop custom symbols and charts. The broad traders' community has not yet had time to appreciate the power of this innovation, but even an easy and unobtrusive brainstorm shows an enormous potential hidden in the custom symbols. Together with other ...
Table of contentsIntroductionTypes of moving averages Moving Average technical indicatorExponential moving average (EMA) - based technical indicators Comparison of various types of moving averages Trading strategy specificationCreation of Expert AdviserExpert Adviser testing and performanceConclusion more...
Mikahekin_System - indicator for MetaTrader 5 When price exits the gray channel, the candlestick color changes to the color corresponding to trend direction. Blue for the growth of a financial asset, yellow color for its fall. Bright colors denote coincidence of trend direction and direction of a candlestick. Dark colors correspond to the situation when the direction of a candlestick is opposite ...
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