An Insight Into Accumulation/Distribution And Where It Can Get You
The Accumulation/Distribution (A/D) Indicator has one interesting feature - a breakout of the trend line plotted in this indicator chart suggests, with a certain degree of probability, a forthcoming breakout of the trend line in the price chart. This article will be useful and interesting for those who are new to programming in MQL4. Having this in view, I have tried to present the information in an easy to grasp manner and use the simplest code structures.
More...
The Golden Rule of Traders
In order to make profits based on high expectations, we must understand three basic principles of good trading: 1) know your risk when entering the market; 2) cut your losses early and allow your profit to run; 3) know the expectation of your system – test and adjust it regularly. This article provides a program code trailing open positions and actualizing the second golden principle, as it allows profit to run for the highest possible level.
More...
MetaTrader 5 - More Than You Can Imagine!
The MetaTrader 5 client terminal has been developed from scratch and far surpasses its predecessor, of course. The new trading platform provides unlimited opportunities for trading in any financial markets. Moreover, its functionality keeps expanding to offer even more useful features and convenience. So now it is now quite difficult to list all numerous advantages of MetaTrader 5. We have tried to briefly describe them in one article, and we got surprised with the result - the article is far from brief!
More...
MQL5 Cookbook: Multi-Currency Expert Advisor - Simple, Neat and Quick Approach
This article will describe an implementation of a simple approach suitable for a multi-currency Expert Advisor. This means that you will be able to set up the Expert Advisor for testing/trading under identical conditions but with different parameters for each symbol. As an example, we will create a pattern for two symbols but in such a way so as to be able to add additional symbols, if necessary, by making small changes to the code.
More...
Mechanical Trading System "Chuvashov's Triangle"
Let me offer you an overview and the program code of the mechanical trading system based on ideas of Stanislav Chuvashov. Triangle's construction is based on the intersection of two trend lines built by the upper and lower fractals.
More...
LibMatrix: Library of Matrix Algebra (Part One)
The author familiarizes the readers with a simple library of matrix algebra and provides descriptions and peculiarities of the main functions.
More...
Reading RSS News Feeds by Means of MQL4
This article deals with an example of reading RSS markup by means of MQL4 using the functions for HTML tags analysis. We will try to make a work piece which can then be turned into a news indicator or just an RSS reader on MQL4 language.
More...
How to Install and Use OpenCL for Calculations
It has been over a year since MQL5 started providing native support for OpenCL. However not many users have seen the true value of using parallel computing in their Expert Advisors, indicators or scripts. This article serves to help you install and set up OpenCL on your computer so that you can try to use this technology in the MetaTrader 5 trading terminal.
More...
Testing Expert Advisors on Non-Standard Time Frames
It's not just simple; it's super simple. Testing Expert Advisors on non-standard time frames is possible! All we need to do is to replace standard time frame data with non-standard time frame data. Furthermore, we can even test Expert Advisors that use data from several non-standard time frames.
More...