How to Quickly Create an Expert Advisor for Automated Trading Championship 2010
In order to develop an expert to participate in Automated Trading Championship 2010, let’s use a template of ready expert advisor. Even novice MQL5 programmer will be capable of this task, because for your strategies the basic classes, functions, templates are already developed. It’s enough to write a minimal amount of code to implement your trading idea.
Introduction
In order to develop an expert to participate in Automated Trading Championship 2010, let’s use a template of ready expert advisor from The Prototype of Trade Robot article. Even novice MQL5 programmer will be capable of this task, because for your strategies the basic classes, functions, templates are already developed. It’s enough to write a minimal amount of code to implement your trading idea.
What we will need to prepare:
- Selection of strategy
- Writing an Expert Advisor
- Testing
- Optimization in Strategy Tester
- Optimization of the strategy
- Testing on different intervals
This article will teach you how to receive trade signals that are necessary for a trade system to work. The examples of forming 20 trade signals are given here as separate custom functions that can be used while developing Expert Advisors. For your convenience, all the functions used in the article are combined in a single mqh include file that can be easily connected to a future Expert Advisor.
This article summarizes and systematizes the principles of creating algorithms and elements of trading systems. The article considers designing of expert algorithm. As an example the CExpertAdvisor class is considered, which can be used for quick and easy development of trading systems.
Traders don’t always have ability and desire to seat at the trading terminal for hours. Especially, if trading system is more or less formalized and can automatically identify some of the market states. This article describes how to generate a report of trade results (using Expert Advisor, Indicator or Script) as HTML-file and upload it via FTP to WWW-server. We will also consider sending notification of trade events as SMS to mobile phone.
This article is dedicated to peculiarities of transferring price constructions written in MQL4 to MQL5. To make the process of transferring indicator calculations from MQL4 to MQL5 easier, the mql4_2_mql5.mqh library of functions is suggested. Its usage is described on the basis of transferring of the MACD, Stochastic and RSI indicators.
The problem of calculation of the total position volume of the specified symbol and magic number is considered in this article. The proposed method requests only the minimum necessary part of the history of deals, finds the closest time when the total position was equal to zero, and performs the calculations with the recent deals. Working with global variables of the client terminal is also considered.
The basic rule of trader – let profit to grow, cut off losses! This article considers one of the basic techniques, allowing to follow this rule – moving the protective stop level (Stop loss level) after increasing position profit, i.e. – Trailing Stop level. You’ll find the step by step procedure to create a class for trailing stop on SAR and NRTR indicators. Everyone will be able to insert this trailing stop into their experts or use it independently to control positions in their accounts.
In MQL5 you can write an indicator both from a scratch and on the basis of another already existing indicator, in-built in the client terminal or a custom one. And here you also have two ways – to improve an indicator by adding new calculations and graphical styles to it , or to use an indicator in-built in the client terminal or a custom one via the iCustom() or IndicatorCreate() functions.
A number of indicators have appeared since the time of first Moving Average indicator creation. Many of them use the similar smoothing methods, but the performances of different moving averages algorithms have not been studied. In this article, we will consider possible ways of use the Moving Averages in MQL5 and compare their performance.
The construction of various types of diagrams is an essential part of the analyses of the market situation and the testing of a trading system. Frequently, in order to construct a nice looking diagram, it is necessary to organize the data output into a file, after which it is used in applications such as MS Excel. This is not very convenient and deprives us of the ability to dynamically update the data. Google Charts API provided the means for creating charts in online modes, by sending a special request to the server. In this article we attempt to automate the process of creating such a request and obtaining a chart from the Google server.
Calls to user and technical indicators takes up very little space in the program code of automated trading systems. Often it’s simply a few code lines. But it often happens that it is these few lines of code which use up the largest portion of time, which needs to be spent on testing the Expert Advisor. Therefore, everything that is related to data calculations within an indicator, needs to be considered much more thoroughly than would seem at first glance. This article will talk precisely about this.
With the launch of the “Jobs” service, the MQL5.community became an ideal place for placing orders and providing programming services. Thousands of traders and developers visit this resource on a daily basis, and can easily help each other. For a trader, the “Jobs” service is the opportunity to easily obtain his own Expert Advisor. For an MQL5-developer, it is an opportunity to easily find a client. In this article we will consider the capabilities of this service.?
