Mean reversion is a type of contrarian trading where the trader expects the price to return to some form of equilibrium which is generally measured by a mean or another central tendency statistic.
Any Program in any programming language has a specific structure. In this article, you will learn essential parts of the MQL5 program structure by understanding the programming basics of every part of the MQL5 program structure that can be very helpful when creating our MQL5 trading system or trading tool that can be executable in the MetaTrader 5.
This article on Category Theory implementation in MQL5, continues the series by looking at Functors but this time as a bridge between Graphs and a set. We revisit calendar data, and despite its limitations in Strategy Tester use, make the case using functors in forecasting volatility with the help of correlation.
Unleash the power of dynamic data representation in your trading strategies or utilities with our comprehensive guide on creating movable GUI in MQL5. Dive into the core concept of chart events and learn how to design and implement simple and multiple movable GUI on the same chart. This article also explores the process of adding elements to your GUI, enhancing their functionality and aesthetic appeal.
Are you looking for a cutting-edge approach to trading that can help you navigate complex and ever-changing markets? Look no further than Kohonen maps, an innovative form of artificial neural networks that can help you uncover hidden patterns and trends in market data. In this article, we'll explore how Kohonen maps work, and how they can be used to develop smarter, more effective trading strategies. Whether you're a seasoned trader or just starting out, you won't want to miss this exciting new approach to trading.
This article continues the series on category theory implementation in MQL5. Here we introduce monoids as domain (set) that sets category theory apart from other data classification methods by including rules and an identity element.
This article which is part of a broader series on Category Theory implementation in MQL5, delves into Functors. We examine how a Linear Order can be mapped to a set, thanks to Functors; by considering two sets of data that one would typically dismiss as having any connection.
In this article we present code utilities that implement the goertzel algorithm in Mql5 and explore two ways in which the technique can be used in the analysis of price quotes for possible strategy development.
This material provides a complete guide to creating a class in MQL5 for efficient management of CSV files. We will see the implementation of methods for opening, writing, reading, and transforming data. We will also consider how to use them to store and access information. In addition, we will discuss the limitations and the most important aspects of using such a class. This article ca be a valuable resource for those who want to learn how to process CSV files in MQL5.
Do you know what a flowchart is? Can you use it? Do you think flowcharts are for beginners? I suggest that we proceed to this new article and learn how to work with flowcharts.
This article, that follows Category Theory implementation of Orders in MQL5, considers how database schemas can be incorporated for classification in MQL5. We take an introductory look at how database schema concepts could be married with category theory when identifying trade relevant text(string) information. Calendar events are the focus.
In the current article, I will create the class of the WinForms text label control object. Such an object will have the ability to position its container anywhere, while its own functionality will repeat the functionality of the MS Visual Studio text label. We will be able to set font parameters for a displayed text.
In the article, I will continue my work on the Panel WinForms object and implement its auto resizing to fit the general size of Dock objects located inside the panel. Besides, I will add the new properties to the Symbol library object.
In the article, I will create the base object of all library WinForms objects and start implementing the AutoSize property of the Panel WinForms object — auto sizing for fitting the object internal content.
In this article, I will implement handling Padding (internal indents/margin on all sides of an element) and Dock parameters (the way an object is located inside its container).
In this article, I will create subordinate controls bound to the base element. The development will be performed using the base control functionality. In addition, I will tinker with the graphical element shadow object a bit since it still suffers from some logic errors when applied to any of the objects capable of having a shadow.
In the current article, I will get rid of some errors related to handling graphical elements and continue the development of the CPanel control. In particular, I will implement the methods for setting the parameters of the font used by default for all panel text objects.
How about creating a system that would allow us to study the market when it is closed or even to simulate market situations? Here we are going to start a new series of articles in which we will deal with this topic.
Old trading strategies. This article presents one of the strategies used to follow the trend in a purely technical way. The strategy is purely technical and uses a few technical indicators and tools to deliver signals and targets. The components of the strategy are as follows: A 14-period stochastic oscillator. A 5-period stochastic oscillator. A 200-period moving average. A Fibonacci projection tool (for target setting).
This article starts an extensive topic of creating controls in Windows Forms style using MQL5. My first object of interest is creating the panel class. It is already becoming difficult to manage things without controls. Therefore, I will create all possible controls in Windows Forms style.
In the current article, I will eliminate obvious flaws in simultaneous handling of extended (and standard) graphical objects and form objects on canvas, as well as fix errors detected during the test performed in the previous article. The article concludes this section of the library description.
In the previous article, I implemented the ability to move pivot points of an extended graphical object using control forms. Now I am going to implement the ability to move a composite graphical object using a single graphical object control point (form).
In the article, I continue the development of extended standard graphical objects and create the functionality for moving pivot points of composite graphical objects using the control points for managing the coordinates of the graphical object pivot points.
In this article, I will consider the implementation of the independent dragging of any form objects using a mouse. Besides, I will complement the library by error messages and new deal properties previously implemented into the terminal and MQL5.
In this article, I will start creating the functionality for handling mouse events in form objects, as well as add new properties and their tracking to a symbol object. Besides, I will improve the symbol object class since the chart symbols now have new properties to be considered and tracked.
The article describes the principles, methods and possibilities of using the Electromagnetic Algorithm in various optimization problems. The EM algorithm is an efficient optimization tool capable of working with large amounts of data and multidimensional functions.
In this article, I will consider the toolkit for managing composite graphical objects - controls for managing an extended standard graphical object. Today, I will slightly digress from relocating a composite graphical object and implement the handler of change events on a chart featuring a composite graphical object. Besides, I will focus on the controls for managing a composite graphical object.
In this article, I will start the development of various composite graphical object events. We will also partially consider moving and deleting a composite graphical object. In fact, here I am going to fine-tune the things I implemented in the previous article.
In this article, I will start developing the functionality for creating composite graphical objects. The library will support creating composite graphical objects allowing those objects have any hierarchy of connections. I will prepare all the necessary classes for subsequent implementation of such objects.
This article will be a kind of interview with myself, in which I will tell you how I took my first steps in the MQL5 language. I will show you how you can become a great MQL5 programmer. I will explain the necessary bases for you to achieve this feat. The only prerequisite is a willingness to learn.
My main goal in this article is to provide you with a simple and accurate account of the steps that will help you become a top signal provider on MQL5.com. Drawing upon my knowledge and experience, I will explain what it takes to become a successful signal provider, including how to find, test, and optimize a good strategy. Additionally, I will provide tips on publishing your signal, writing a compelling description and effectively promoting and managing it.
Here is a new article about how to create a custom indicator. This time we will work with the True Strength Index (TSI) and will create an Expert Advisor based on it.
Combinations of strategies may offer better opportunities. We can combine indicators or patterns together, or even better, indicators with patterns, so that we get an extra confirmation factor. Moving averages help us confirm and ride the trend. They are the most known technical indicators and this is because of their simplicity and their proven track record of adding value to analyses.
Unlock the potential of dynamic data representation in your trading strategies and utilities with our in-depth guide to creating movable GUIs in MQL5. Delve into the fundamental principles of object-oriented programming and discover how to design and implement single or multiple movable GUIs on the same chart with ease and efficiency.
In this article, we will provide a simple and easy guide to anyone who needs to create one of the most valuable and helpful tools in trading which is the graphical panel to simplify and ease doing tasks around trading which helps to save time and focus more on your trading process itself without any distractions.
This article reports the first attempts in the development of a native MQTT client for MQL5. MQTT is a Client Server publish/subscribe messaging transport protocol. It is lightweight, open, simple, and designed to be easy to implement. These characteristics make it ideal for use in many situations.
