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Recent Entries

News Trading Made Easy (Part 2): Risk Management

by GottaNew on 11-08-2024 at 12:24 PM
A quick refresher for the previous article in the News Trading Made Easy series. In part 1, we went through the concept of DST(Daylight Savings Time) and the various versions for different countries that essentially change their time zones by an hour ahead and behind during a financial year. This will change trading schedules for the related brokers using DST. The reasons for creating a database and the benefits were addressed. A database was created to store the news events from the MQL5 Economic Calendar

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How to integrate Smart Money Concepts (OB) coupled with Fibonacci indicator for Optimal Trade Entry

by GottaNew on 11-07-2024 at 12:24 PM
Smart Money Concepts (SMC) and Order Blocks are critical areas on the chart where institutional traders typically execute large buying or selling orders. These zones often mark the origins of significant price movements, making them vital for traders seeking to align their strategies with institutional market activity. Understanding how these key levels influence price action can provide retail traders with more profound insight into the underlying market dynamics, allowing them to anticipate

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Automated Parameter Optimization for Trading Strategies Using Python and MQL5

by GottaNew on 10-02-2024 at 03:46 PM
Self-optimization algorithms for trading strategies include parameter optimization, evolutionary algorithms, heuristic methods, gradient-based techniques, machine learning, and simulation-based optimization. Each has unique pros and cons, tailored for different trading needs and market conditions.

Python programs are an excellent tool to try ideas, create graphics quickly and confirm theoretical statements with historical trading data. Python allows to develop and adjust models agilely,

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Introduction to MQL5 (Part 6): A Beginner's Guide to Array Functions in MQL5

by GottaNew on 06-08-2024 at 10:01 AM
Now, we'll explore the remaining array functions in Part 6, which will guarantee that you have a thorough understanding of these useful tools. Our objective is still to cover the basic ideas required for automating trading strategies, regardless of your experience level as a developer or level of familiarity with algorithmic trading. Our goal in delving into the nuances of these functions is to promote a comprehensive comprehension so that each reader can competently traverse the ever-changing terrain

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Snag Apple Accessories for as Low as $10 at Woot

by GottaNew on 06-07-2024 at 04:47 AM


Apple makes some of the most sought-after tech products out there, but they're also some of the priciest. With as much as you pay for your Apple devices, it only makes sense to want to protect your investment. But cases, wristbands and other accouterments can also add up. If you've been

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