MQL5 Algo Trading

In the previous article on developing a replay system for the Chart Trade Project, a complex method for launching the Chart Trade indicator was discussed. The process involved transferring numerous files, which posed a risk of errors. To streamline this, it’s beneficial to use MetaTrader 5 and MQL5 for distributing and storing executable files. This article will detail a method that simplifies saving executable files, ensuring all necessary components are correctly stored. Understanding the limitations and how to navigate them is crucial. Both MQL5 language and the MetaTrader 5 platform have specific constraints but can be adapted for broader uses. Typically, executable files in MetaTrader 5 cannot include certain resources directly. For instance, templates cannot be embedded within an executable file directly due to compiler restrictions. However, ... #MQL5 #MT5 #Indicator #Strategy Read more...

Continuing the discussion on Bollinger Bands for custom signal classes in MQL5, focusing on setups for weighted long and short conditions. Pattern 6: Bands Widening After a Trend The widening gap between Bollinger Bands indicates rising volatility. After a bullish trend, this often signals a bearish reversal, and vice versa. Implementation involves assessing the widening gap and past trend, not current direction, due to market whipsawing. Integrating volume analysis can confirm valid reversals. Pattern 7: Bands Orientation and Angle Changes A skew between bands suggests potential breakouts. A faster-rising lower band indicates a bullish signal, and a faster-falling upper band indicates bearish signals. Confirmation by price breakouts assists in validating these patterns. Combined testing provides varied results, reinforcing the complexity of market p... #MQL5 #MT5 #Indicator #Strategy Read more...

Unlock the power of algorithmic trading with deep learning and MetaTrader 5! Our innovative Python script blends traditional technical analysis with AI to predict market movements and optimize trading strategies. Leveraging libraries like TensorFlow and Keras, it processes 120 days of historical data, utilizing CNN, LSTM, and Dense layers. The resulting ONNX model detects trends and informs trading decisions. Integrated with MetaTrader 5, this script bridges the gap between backtesting and live trading. Whether you're an experienced developer or a trading enthusiast, this tool offers a smart, risk-managed approach to exploring forex market potentials. Dive into the future of trading today! #MQL5 #MT5 #AITrading #Forex Read more...

The icustomonly.mq4 script has been added, demonstrating its usage within the icustom function. Additionally, the SSL Channel indicator by MissTricky, originally available on TradingView, has been successfully converted to the MQL4 format. This update provides users with new tools to enhance their trading strategies and indicators. The integration aims to advance the functionality and adaptability of MQL4-based systems by utilizing proven methods from various platforms. Technical users are encouraged to review the implementation details to fully leverage these new resources in their trading environments. #MQL4 #MT4 #script #Indicator Read more...

Frames Analyzer offers an efficient tool for analyzing optimization results of trading algorithms. This plug-in library works in both tester and standalone modes, reading MQD files or databases created post-optimization. The graphical interface includes several sections for detailed analysis: 1. Frames Tab: Open databases or MQD files, specify the number of balances displayed, and replay frames. 2. Results Tab: Two tables for adding results to favorites, specifying excluded intervals, and selecting criteria for up to 100 improved results. 3. Balances Tab: Displays graphs of initial and improved balance results. 4. Top 100 Results Tab: Visualizes top 100 results based on specified criteria. Additionally, the Favorites Tab allows saving selected results to files and databases, ensuring organized data management. This functionality can substantially enhance ... #MQL5 #MT5 #EA #Analyzer Read more...

Unlock the potential of automated crypto trading with the 2-Pair Correlation EA, a fully self-adaptive Expert Advisor designed for BTC/USD and ETH/USD pairs. Suitable for all trading experience levels, this EA aids in capturing market opportunities while maintaining low risk. Available for free on MQL5, it provides a robust introduction to crypto trading automation. Key Features: 1. Correlation-Based Trading Strategy: Monitors the price difference between BTC/USD and ETH/USD to exploit market inefficiencies without guessing market direction. 2. Automatic Lot Sizing: Adjusts lot size based on account balance and a pre-set risk percentage for consistent risk management. 3. Built-In Volatility Control: Utilizes the ATR indicator to pause trading during high volatility, protecting against sudden price movements. 4. Drawdown Protection: Pauses trading if the accoun... #MQL5 #MT5 #EA #Crypto Read more...

Introducing AllWinningTrades Closer: One Click Exit, an efficient MT4 EA that facilitates the rapid closure of all profitable trades with a single click. Designed for ease of use, this EA requires no complicated settings or adjustments. Simply activate the EA and, with one click, it will close any trade that is in profit. Key Features: - One-Click Profit Closure: Instantly close all winning trades with one click. - Easy to Use: No settings or adjustments required. Activate and use. - User-Friendly Button: A simple button on the chart to quickly close all profitable trades. Ideal Use Cases: - Busy Traders: Manage multiple profitable trades in one click. - Scalpers: Lock in small profits from frequent trades without monitoring each position. - Volatile Markets: Secure profits during fast-moving conditions, like news events. - Traders Seeking Simplicity: A fast... #MQL4 #MT4 #EA #Scalper Read more...

Discover the Turtle Shell Evolution Algorithm (TSEA), a groundbreaking approach inspired by natural patterns for optimizing trading strategies. Emulating the turtle's shell growth, this algorithm clusters solutions based on quality, preserving less successful options for continuous improvement. By leveraging both K-Means and K-NN clustering, TSEA adapts dynamically, ensuring effective data organization and maximizing potential. The structured arrangement allows developers to efficiently store and access optimization agents, creating a robust framework for iterative enhancements. Ideal for enhancing MetaTrader 5 strategies, this method ensures progressive refinement akin to nature's intricate designs. #MQL5 #MT5 #Algorithm #AI Read more...

Dive into the integration of Deep Learning with three advanced Expert Advisors (EAs) in MetaTrader 5, enhancing algorithms for more precise market predictions and risk management. This article explores how Nash's Game Theory, Causality Network Analysis, and Stochastic Optimization benefit from incorporating Python-generated ONNX models. Detailed modifications in MQL5 scripts show improved decision-making and trading outcomes. Results highlight varied performance: DL models in some cases improved consistency and win rates, while others maintained profitability with increased caution. This deep dive underscores the potential and careful implementation required for DL in trading, promising better-adapted strategies but necessitating rigorous testing across market conditions. #MQL5 #MT5 #EA #DeepLearning Read more...

An opportunity to enhance trading strategies is now available with a customizable trading bot integrated with a specific indicator. This demo version showcases potential capabilities. For personalized assistance in developing an optimized trading bot tailored to individual needs, professional support is offered to ensure effective results. Reach out for further collaboration and achieve a sophisticated trading solution. #MQL5 #MT5 #EA #Indicator Read more...