Price Action Analysis Toolkit Development (Part 17): TrendLoom EA Tool
Price Action Analysis Toolkit Development (Part 17): TrendLoom EA Tool
As a price action observer and trader, I've noticed that when a trend is confirmed by multiple timeframes, it usually continues in that direction. What may vary is how long the trend lasts, and this depends on the type of trader you are, whether you hold positions for the long term or engage in scalping. The timeframes you choose for confirmation play a crucial role. Check out this article for a quick, automated system that helps you analyze the overall trend across different timeframes with just a button click or regular updates.
MQL5 — You too can become a master of this language
MQL5 — You too can become a master of this language
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.
Interview with Ruslan Ziyatdinov (ATC 2012)
Interview with Ruslan Ziyatdinov (ATC 2012)
The Championship keeps providing us with new discoveries, as well as new interesting Participants and unusual ideas implemented in the competition trading robots. While interviewing Ruslan Ziyatdinov (rusland1962), we learned about his simple approach to trading and found out why it is better to trade less frequently.
Interview with Vitaly Antonov (ATC 2011)
Interview with Vitaly Antonov (ATC 2011)
It was only this summer that Vitaly Antonov (beast) has learned about the upcoming Automated Trading Championship and got to know MetaTrader 5 terminal. Time was running out, besides, Vitaly was a newcomer. So, he randomly chose GBPUSD currency pair to develop his trading system. And the choice turned out to be successful. It would have been impossible to use other symbols with the strategy.
Interview with Francisco García García (ATC 2012)
Interview with Francisco García García (ATC 2012)
Today we interview Francisco García García (chuliweb) from Spain. A week ago his Expert Advisor reached the 8th place, but the unfortunate logic error in programming threw it from the first page of the Championship leaders. As confirmed by statistics, such an error is not uncommon for many participants.
Interview with Dr. Alexander Elder: "I want to be a psychiatrist in the market"
Interview with Dr. Alexander Elder: "I want to be a psychiatrist in the market"
I think financial markets are like manic-depressive patients. Sell when they have mania, and buy when they have depression. The envelope helps me determine where these levels of depression and mania are. There is a joke: "A neurotic is a man who builds castles in the skies, psychotic is the one who lives in them, and a psychiatrist is a person who collects the rent." I want to be a psychiatrist in the market. I want to collect the rent from the madness of the crowd.
Interview with Atsushi Yamanaka (ATC 2011)
Interview with Atsushi Yamanaka (ATC 2011)
What is common between skydiving, Futures, Hawaii, translations and spies? We didn't know it until we've managed to communicate with disqualified participant Atsushi Yamanaka (alohafx). His has a creed "Life is Good!", and one can hardly doubt that. It was interesting to know that distances between the continents are not an obstacle for communication among our Championship's participants.
Interview with Alexander Prishchenko (ATC 2012)
Interview with Alexander Prishchenko (ATC 2012)
What can be more complicated than a multicurrency trading robot? Surely, it is an automated strategy based on Elliott Wave Principle. Can we imagine something more complicated than that? Yes, we can. It is a multicurrency Expert Advisor using Elliott Waves on each currency pair! Alexander Prishchenko (Crucian) believes that even a newcomer can learn the rules.
Interview with Antonio Morillas (ATC 2011)
Interview with Antonio Morillas (ATC 2011)
Antonio Morillas from Spain (sallirom, by the way - it is reversed surname!) was first who doubled his starting balance from the beginning of the Championship and thus attracted our attention. His trading strategy is extremely risky. We decided to talk to Antonio about risk and luck as these are part and parcel of Automated Trading Championship.
Interview with Anton Nel (ATC 2012)
Interview with Anton Nel (ATC 2012)
Today we talk to Anton Nel (ROMAN5) from South Africa, a professional developer of automated trading systems. Obviously, his Expert Advisor just could not go unnoticed. Breaking into the top ten from the very start of the Championship, it has been holding the first place for more than a week.
Interview with Andrey Bobryashov (ATC 2011)
Interview with Andrey Bobryashov (ATC 2011)
Since the first Automated Trading Championship we have seen plenty of trading robots in our TOP-10 created with the use of various methods. Excellent results were shown both by the Exper Advisors based on standard indicators, and complicated analytical complexes with weekly automatic optimization of their own parameters.
The Most Active MQL5.community Members Have Been Awarded iPhones!
The Most Active MQL5.community Members Have Been Awarded iPhones!
After we decided to reward the most outstanding MQL5.com participants, we have selected the key criteria to determine each participant's contribution to the Community development. As a result, we have the following champions who published the greatest amount of articles on the website - investeo (11 articles) and victorg (10 articles), and who submitted their programs to Code Base – GODZILLA (340 programs), Integer (61 programs) and abolk (21 programs).
Interview with Andrei Moraru (ATC 2011)
Interview with Andrei Moraru (ATC 2011)
Ukrainian programmer Andrei Moraru (enivid) is an active participant of the Automated Trading Championship beginning from 2007. Andrei had already come in our view at that time and now we have decided to find out if there occured any changes in his attitude towards trading and selection of trading strategies for the past four years, and also to know about his new Expert Advisor.
Interview with Tim Fass (ATC 2011)
Interview with Tim Fass (ATC 2011)
A student from Germany Tim Fass (Tim) is participating in the Automated Trading Championship for the first time. Nevertheless, his Expert Advisor The_Wild_13 already got featured at the very top of the Championship rating and seems to be holding his position in the top ten. Tim told us about his Expert Advisor, his faith in the success of simple strategies and his wildest dreams.
Interview with Leonid Velichkovsky: "The Biggest Myth about Neural Networks is Super-Profitability" (ATC 2010)
Interview with Leonid Velichkovsky: "The Biggest Myth about Neural Networks is Super-Profitability" (ATC 2010)
The hero of our interview Leonid Velichkovski (LeoV) has already participated in Automated Trading Championships. In 2008, his multicurrency neural network was like a bright flash in the sky, earning $110,000 in a certain moment, but eventually fell victim to its own aggressive money management. Two years ago, in his interview Leonid share his own trading experience and told us about the features of his Expert Advisor. On the eve of the ATC 2010, Leonid talks about the most common myths and misconceptions associated with neural networks.
Interview with Alexander Topchylo (ATC 2010)
Interview with Alexander Topchylo (ATC 2010)
Alexander Topchylo (Better) is the winner of the Automated Trading Championship 2007. Alexander is an expert in neural networks - his Expert Advisor based on a neural network was on top of best EAs of year 2007. In this interview Alexander tells us about his life after the Championships, his own business and new algorithms for trading systems.
Interview with Matúš German (ATC 2011)
Interview with Matúš German (ATC 2011)
On the second day of the Championship the Expert Advisor created by Matúš German (gery18) increased its capital by 2.5 times and took the lead being ahead of all competitors. Matúš himself doubts his Expert Advisor will win, he thinks that luck and high risk were the reasons of such unexpected rise.
Interview with Irina Korobeinikova (irishka.rf)
Interview with Irina Korobeinikova (irishka.rf)
Having a female member on the MQL5.community is rare. This interview was inspired by a one of a kind case. Irina Korobeinikova (irishka.rf) is a fifteen-year-old programmer from Izhevsk. She is currently the only girl who actively participates in the "Jobs" service and is featured on the Top Developers list.
Interview with Rogério Figurelli (ATC 2012)
Interview with Rogério Figurelli (ATC 2012)
Today we are going to talk with Rogério Figurelli (figurelli), a regular participant from Brazil that has not missed any Automated Trading Championship since 2007. This year, he also began to sell his Championship's Expert Advisor in the Market along with his other products. Rogério believes that MetaTrader 5 platform certification on the largest Brazilian exchange BM&FBOVESPA will reveal new professional developers and traders, who do not yet know the full potential of robot investors.
Interview with Ilnur Khasanov (ATC 2011)
Interview with Ilnur Khasanov (ATC 2011)
The Expert Advisor of Ilnur Khasanov (aharata) is holding its place in our TOP-10 chart of the Automated Trading Championship 2011 participants from the third week already, though Ilnur's acquaintance with Forex has started only a year ago. The idea that forms the basis of the Expert Advisor is simple but the trading robot contains self-optimization elements. Perhaps, that is the key to its survival? Besides, the author had to change the Expert Advisor planned to be submitted for the Championship...
Interview with Valery Mazurenko (ATC 2011)
Interview with Valery Mazurenko (ATC 2011)
The task of writing an Expert Advisor trading on multiple currency pairs is complex both in terms of finding suitable strategies and from the technological side. But if the goal is set clear, nothing is impossible then. It was four times already that Vitaly Mazurenko (notused) submitted his multi-currency Expert Advisor. It seems, he has managed to find the right way this time.
Interview with Sergey Abramov (ATC 2012)
Interview with Sergey Abramov (ATC 2012)
The trading robot of Sergey Abramov (26405) is staying in TOP-10 since the second week. However, it caused much anxiety for its developer. As it turned out, the robot contains a small error in position close block. The robot has been developed almost exclusively on the basis of the past years' results.
Interview with Mariusz Zarnowski (ATC 2012)
Interview with Mariusz Zarnowski (ATC 2012)
As December 28 is approaching, the list of leaders of the Automated Trading Championship 2012 is becoming clearer. With only two weeks to go until the end of the Championship, Mariusz Zarnowski (zrn) from Poland stands a good chance to be in the top three. His EA has already demonstrated how it can triple the initial deposit in just a couple of weeks.
Interview with Egidijus Bockus (ATC 2012)
Interview with Egidijus Bockus (ATC 2012)
"I examined many indicators before realizing that they are not necessary for making money on Forex" - our present interviewee Egidijus Bockus (Egidijus) told us boldly. We have all reasons to take his words seriously, as his Expert Advisor occupies the third place with more than $32 000 beginning from the third week of the Automated Trading Championship 2012.
Interview with Matúš German (ATC 2012)
Interview with Matúš German (ATC 2012)
It's the second time Matúš German participates in the Automated Trading Championship. By the end of the fourth week of ATC 2012 his Expert Advisor has been holding its positions in the TOP-10 having about $30 000. Matúš is from Slovakia, from the little town Bardejov. Matúš is interested in trading for about 5 years and he develops Expert Advisors for 3 years already.
Dimitar Manov: "I fear only extraordinary situations in the Championship" (ATC 2010)
Dimitar Manov: "I fear only extraordinary situations in the Championship" (ATC 2010)
In the recent review by Boris Odintsov the Expert Advisor of the Bulgarian Participant Dimitar Manov appeared among the most stable and reliable EAs. We decided to interview this developer and try to find the secret of his success. In this interview Dimitar has told us what situation would be unfavorable for his robot, why he's not using indicators and whether he is expecting to win the competition.
Tomasz Tauzowski:"All I can do is pray for a loss position" (ATC 2010)
Tomasz Tauzowski:"All I can do is pray for a loss position" (ATC 2010)
Tomasz Tauzowski (ttauzo) is a long-standing member of the top ten on the Automated Trading Championship 2010. For the seventh week his Expert Advisor is between the fifth and the seventh places. And no wonder: according to the report of the current Championship leader Boris Odinstov, ttauzo is one of the most stable EAs participating in the competition.
ATC Champions League: Interview with Roman Zamozhniy (ATC 2011)
ATC Champions League: Interview with Roman Zamozhniy (ATC 2011)
This is the first interview in the "ATC Champions League" project. Roman Zamozhniy (Rich) from Ukraine was the winner of the first Automated Trading Championship in 2006. In addition, he is a regular participant of our Championships - he has not missed a single contest. In this interview, we talked about Roman's first place and tried to figure out what is necessary for successful participation.
ATC Champions League: Interview with Olexandr Topchylo (ATC 2011)
ATC Champions League: Interview with Olexandr Topchylo (ATC 2011)
Interview with Olexandr Topchylo (Better) is the second publication within the "ATC Champions League" project. Having won the Automated Trading Championship 2007, this professional trader caught the attention of investors. Olexandr says that his first place in the ATC 2007 is one of the major events of his trading experience. However, later on this popularity helped him discover the biggest disappointment - it is so easy to lose investors after the first drawdown on an investor account.
Interview with Igor Korepin (ATC 2011)
Interview with Igor Korepin (ATC 2011)
Appearance of the Expert Advisor cs2011 by Igor Korepin (Xupypr) at the very top of the Automated Trading Championship 2011 was really impressive - its balance was almost twice that of the EA featured on the second place. However, despite such a sound breakaway, the Expert Advisor could not stay long on the first line. Igor frankly said that he relied much on a lucky start of his trading robot in the competition. We'll see if luck helps this simple EA to take the lead in the ATC 2011 race again.
ATC Champions League: Interview with Boris Odintsov (ATC 2011)
ATC Champions League: Interview with Boris Odintsov (ATC 2011)
Interview with Boris Odintsov (bobsley) is the last one within the ATC Champions League project. Boris won the Automated Trading Championship 2010 - the first Championship held for the Expert Advisors in the new MQL5 language. Having appeared in the top ten already in the first week of the ATC 2010, his EA brought it to the finish and earned $77,000. This year, Boris participates in the competition with the same Expert Advisor with modified settings. Perhaps the robot would still be able to repeat its success.
Interview with Achmad Hidayat (ATC 2012)
Interview with Achmad Hidayat (ATC 2012)
Throughout the entire duration of the Automated Trading Championship 2012, we will be providing live coverage of the events - hot reports and interviews every week. This report spotlights Achmad Hidayat (achidayat), the participant from Indonesia. On the first day of the Championship his Expert Advisor secured its position in the third ten, which is a good start. Achmad has sparked our interest with his active participation in the MQL5 Market. He has already published over 20 products thus far.
Interview with Valery Mazurenko (ATC 2010)
Interview with Valery Mazurenko (ATC 2010)
By the end of the first trading week, Valery Mazurenrk (notused) with his multicurrency Expert Advisor ch2010 appeared on the top position. Having treated trading as a hobby, Valery is now trying to monetize this hobby and write a stable-operating Expert Advisor for real trading. In this interview he shares his opinion about the role of mathematics in trading and explains why object-oriented approach suits best to writing multicurrency EAs.
Interview with Boris Odintsov (ATC 2010)
Interview with Boris Odintsov (ATC 2010)
Boris Odintsov is one of the most impressive participants of the Championship who managed to go beyond $100,000 on the third week of the competition. Boris explains the rapid rise of his expert Advisor as a favorable combination of circumstances. In this interview he tells about what is important in trading, and what market would be unfavorable for his EA.
Alexander Anufrenko: "A danger foreseen is half avoided" (ATC 2010)
Alexander Anufrenko: "A danger foreseen is half avoided" (ATC 2010)
The risky development of Alexander Anufrenko (Anufrenko321) had been featured among the top three of the Championship for three weeks. Having suffered a catastrophic Stop Loss last week, his Expert Advisor lost about $60,000, but now once again he is approaching the leaders. In this interview the author of this interesting EA is describing the operating principles and characteristics of his application.
Andrey Voitenko: Programming errors cost me $15,000 (ATC 2010)
Andrey Voitenko: Programming errors cost me $15,000 (ATC 2010)
Andrey Voitenko is participating in the Automated Trading Championship for the first time, but his Expert Advisor is showing mature trading. For already several weeks Andrey's Expert Advisors has been listed in the top ten and seems to be continuing his positive performance. In this interview Andrey is telling about his EA's features, errors and the price they cost him.
Interview with Berron Parker (ATC 2010)
Interview with Berron Parker (ATC 2010)
During the first week of the Championship Berron's Expert Advisor has been on the top position. He now tells us about his experience of EA development and difficulties of moving to MQL5. Berron says his EA is set up to work in a trend market, but can be weak in other market conditions. However, he is hopeful that his robot will show good results in this competition.
Vladimir Tsyrulnik: The Essense of my program is improvisation! (ATC 2010)
Vladimir Tsyrulnik: The Essense of my program is improvisation! (ATC 2010)
Vladimir Tsyrulnik is the holder of one of the brightest highs of the current Championship. By the end of the third trading week Vladimir's Expert Advisor was on the sixth position. The IMEX algorithm the Expert Advisor is based on was developed by Vladimir. To learn more about this algorithm, we had an interview with Vladimir.
Interview with Nikolay Kositsin: multicurrency EA are less risky (ATC 2010)
Interview with Nikolay Kositsin: multicurrency EA are less risky (ATC 2010)
Nikolay Kositsin has told us about his developments. He believes multicurrency Expert Advisors are a promising direction; and he is an experienced developer of such robots. At the championships, Nikolay participates only with multicurrency EAs. His Expert Advisor was the only multicurrency EA among the prize winners of all the ATC contests.