This article provides programmatic definition of one of the movement continuation models. The main idea is defining two waves — the main and the correction one. For extreme points, I apply fractals as well as "potential" fractals — extreme points that have not yet formed as fractals. Next, I will try to collect statistical data on the waves movement. The data will be uploaded to a CSV file. more...
Reversing is a type of martingale. Such systems suggest lot doubling after a losing trade, so that profit could cover previous trade's losses in case of success. Table of contents IntroductionBasics of proper reversingThe Expert Advisor that trades with and without reversingTesting symbols and parametersHow reversing is performedReversing as an independent trading strategyEntry once a dayStandard indicators ...
XPoints - indicator for MetaTrader 5 The indicator predicts the possible reversal points. The EURUSD chart show an interesting pattern - some time before the reversal, there are bars with the following features: rate = (High - Low) / MathAbs(Close - Open) is significantly greater than 1;the lowest point (Low) touches the bottom of the channel (possible price growth), or the highest point (High) touches the top of the ...
AO_Divergence - indicator for MetaTrader 5 The custom indicator AO_Divergence draws the AO indicator line in a separate window and displays found divergences in the indicator window and on the price chart. Unlike the standard Awesome Oscillator, this indicator allows configuring the parameters of the fast and slow MAs.
Contents Introduction1. Setting a task2. Analyzing the template file3. Defining commands4. Creating the master EA4.1. Command manager4.2. Data on launched EAs4.3. EA status change function4.4. Functions for deleting orders and closing positionsConclusion more...
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