Bollinger Squeeze Robot
The Bollinger Squeeze Strategy is a technical analysis trading strategy that attempts to exploit the squeeze that occurs when volatility tightens and the bands contract.
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MQL5
Ichimoku Cloud Expert
This is a starter expert for the ichimoku cloud using only the Senkou Span A and Senkou Span B lines. The strategy uses a basic assumption that when price enters the cloud it will generally cross to the other side. The expert here uses the Orchard Framework 3, specifically 3.02 https://youtu.be/Uf5_CkeVbdU The expert shows how
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Grid Trading Expert for MQL4/MQL5 using Orchard Framework 3
This is my first tutorial on writing a grid trading expert. Caution – grid trading can lead to very large drawdowns. It is high risk. This covers the standard buy/sell at each level grid. It is a foundation for other grid trading tutorials to come. The expert here uses the Orchard Framework 3, which I
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Starting 2022 with a new framework – Framework 3
Starting 2022 with a new Framework. Framework 3 is still in early stages but will grow as new features are needed.
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MACD EMA Expert for MT4 and MT5
This is the classic MACD crossover strategy with the combined moving average trend filter. Use the tutorial as the basis for building your own trading robot. This video uses classes developed in my earlier video “Use Common Classes to Write MQL4 and MQL5 Experts”. The key functions used are shown below, the video will explain
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Use Common Classes to Write MQL4 and MQL5 Experts
When I make videos about writing experts or indicators I usually make them for both MQL4 and MQL5. This naturally leads to some code that has to be conditional due to the differences. The conditional code that bothers me most is the difference in the way technical indicators are handled and I think dealing with
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5 Minute Scalping Expert
This is a tutorial based on a scalping strategy for 5 minute charts. I have had this strategy for a long time and don’t know the origin but the strategy itself is not extraordinary. I would expect it to be break even, possibly losing over time due to spreads and commissions. However, it is a
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Using Custom Indicator Chart Objects in an Expert
I have covered using iCustom to make custom indicator information available in your EA several times but there is one question that keeps appearing. If you have an indicator that actually draws signals on screen, like buy and sell arrows, how can you use that information in an EA? It’s difficult because these indicators often
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Raise a Metatrader Alert on Price Movement in a Bar
Based on a request from a subscriber this is a simple indicator to raise an alert if the price moves more than a specified amount above or below the opening price for a bar, but only raise one alert for each direction. This indicator does not use a plot buffer so you may get a
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Automatic Support/Resistance indicator using ZigZag
To write an indicator drawing support and resistance lines you need a set of rules that a computer can follow to create those lines. This technique uses the ZigZag indicator to find potential S/R levels and then refines further by finding multiple points. The code here is a combination for MT4 and MT5. Most code
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