In this article the author continues to analyze implementation algorithms of simplest trading systems and describes some relevant details of using optimization results. The article will be useful for beginning traders and EA writers.
The first demonstration of testing results of a strategy based on 0.1 lot is becoming a standard de facto in the Forum. Having received "not so bad" from professionals, a beginner sees that "0.1" testing brings rather modest results and decides to introduce an aggressive money management thinking that positive mathematic expectation automatically provides positive results. Let's see what results can be achieved. Together with that we will try to construct several artificial balance graphs that are very instructive.
The article describes an Expert Advisor that allows conducting the comparative analysis of 30 indicators and oscillators aiming at the formation of an effective package of indexes for trading.
The article describes a simple, accessible language of graphical trading requests compatible with traditional technical analysis. The attached Gterminal is a half-automated Expert Advisor using in trading results of graphical analysis. Better used for self-education and training of beginning traders.
It is usually easier to show, than to explain. We offer a simple and free way to create a video clip using CamStudio for publishing it in MQL.community forums.
Not all traders are programmers. And not all of the programmers are really good ones. So, what should be done, if you need to automate your system by do not have time and desire to study MQL4?
Time based pattern analysis can be used in the currency market to determine a better time to enter a trade or time in which trading should be avoided at all.
Here we use MetaTrader 4 to analyze history market data and produce optimization results that can be useful for application in mechanical trading systems.
The article dwells on the notion of "market intuition" and ways of developing it. The method described in the article is based on the modeling of financial betting in the form of a simple game.