Every software in any programming language has a structure, after understanding this structure we can create or develop our software smoothly. MQL5 language's programs are the same as any other programming language has their structure and it is supposed to be understood by the developer to achieve the objectives of his project smoothly and effectively. In this article, we will provide information in this context to try to deliver its content easily as possible. more...
In our previous article, we delved into monoid groups, by exploring concept of symmetry within typical monoids. In introducing an additional axiom that all members of a monoid group must possess an inverse and restricting binary operations between mirror elements to yield the identity element, we extended applicability of monoids at crucial trade decision points. Building upon this, we now continue our study of category theory and its practical applications in trade system development by examining ...
We continue our look at category theory with one more take on functors. So far, we have seen applications of category theory in implementing custom instances of the Expert trailing class, and the Expert Signal class so we will consider applications in using the Expert Money class for this article. All these classes come with the Meta Editor IDE and are used with the MQL5 wizard in assembling expert advisors with minimal coding. In this article as we sum up our look at functors ...
This article is based on a new series of studies that showcase a few trading techniques based on the RSI. A trading technique is a way to use an indicator. The study is based on mql5 coding language. more...
RSI inside the zone Alert - indicator for MetaTrader 5 Counting the number of bars during which the iRSI (Relative Strength Index, RSI) indicator is inside the oversold or overbought zone. The levels are set in ' RSI: Value Level Down (35.0) ' and ' RSI: Value Level Up (65.0) ', and the minimum number of bars for an alert to trigger is in ' RSI N Bars inside the zone '.