In the article Calculating the Hurst Exponent , we were introduced to the concept of fractal analysis and how it can be applied to financial markets. In that article the author described the rescaled range method (R/S) of estimating the Hurst Exponent. In this article we take a different approach by demonstrating the implementation of the Generalized Hurst Exponet (GHE) to classify the nature of a series. We will focus on using the GHE to identify forex symbols that exhibit a tendency to
Welcome back to our MQL5 journey! In Part One, we embarked on the adventure of algorithmic trading, breaking down the complexities of MQL5 for beginners without prior programming experience. As we step into Part Two, the excitement continues as we delve even deeper into the essential building blocks of MQL5. Our goal is simple yet profound: to ensure everyone, regardless of their programming background, feels the embrace of understanding. Feel free to ask any questions, and let's unravel
Without any prior programming experience, learning MQL5 can be difficult but not impossible. Understanding MQL5, a specialized language created for algorithmic trading, necessitates having both programming and financial market expertise.
In this article, we will cover the following topics:
- Introduction to Programming
- Types of MQL5 Programs
- MetaEditor IDE
- MQL5 Language Basics
more...
DonchianCloudTrader EA with FinishOpenBaskets parameter
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DonchianCloudTrader_v1.4 600+ EA was created for Premium Trading Forum. This is the next updated version of DonchianCloudTrader with ability to close all active trades and stop to trade if the parameter FinishOpenBaskets=true.
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