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MQL5 PROJECTS: Code the Blue Fairy Mean Reversion System

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Latvian Trading Solutions

2:55:07

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  • 1 - Introduction.mp4
    19:58
  • 2 - Declaring indicator data vessels.mp4
    14:39
  • 3 - Initializing indicator Parameters.mp4
    14:52
  • 4 - Calculating indicator values.mp4
    12:28
  • 5 - Testing the Indicator.mp4
    05:07
  • 6 - Setting the EA chart appearance.mp4
    10:55
  • 7 - Changing the calculation interval.mp4
    04:00
  • 8 - Getting indicator values.mp4
    09:13
  • 9 - Creating trading objects.mp4
    07:52
  • 10 - Generating trade signals.mp4
    11:30
  • 11 - Calculating trade volume.mp4
    07:39
  • 12 - First trade entries.mp4
    17:53
  • 13 - Cost averaging preparations.mp4
    10:26
  • 14 - Cost averaging trade entries.mp4
    18:10
  • 15 - Testing the Expert advisor.mp4
    09:14
  • 16 - Conclusion.mp4
    01:11
  • Description


    A concise guide to developing the ultimate mean reversion indicator and expert advisor using the MQL5 language

    What You'll Learn?


    • How to develop a smoothed RSI indicator using the MQL5 language
    • How to use a smoothed RSI to develop a mean reversion system
    • How to convert a strategy idea into MQL5 code
    • How to exit losing trades at break even by distributing entries

    Who is this for?


  • Anyone willing to learn how to smoothen indicator data.
  • Anyone willing to learn how to convert trading ideas into MQL5 code.
  • Anyone willing to learn how to develop a mean reversion strategy
  • What You Need to Know?


  • Basic MQL5 knowledge
  • More details


    Description

    In this course, our goal is to equip you with the skills required in architecting a system that exploits predictable market tendencies with laser-sharp precision using the building force of the all powerful, MQL5 algorithmic trading programming language.

    If you are tired of relying on buying opaque strategies whose logic you don’t understand, or subscribing to black box strategy signals, then this course is definitely tailored for you. This course equips you with the knowledge and tools to craft your own mean reversion indicator brick by brick and using that indicator to develop your own trading strategy. In the process, you will be empowered with skills of MQL5 mastery allowing you to understand its intricacies and giving you the ability to wield its power to create a system that reflects your unique trading vision.

    The indicator that we shall code in this course is a variant of my favorite indicator, the RSI indicator. We shall create a smooth version of the RSI indicator to avoid false signals in noisy markets and we shall also add a signal line to generate possible signals for important market turning points. This will give us an amazing level of precision in determining the market turning points without being susceptible to noisy market signals which ruin most systems.

    The indicator we shall code together shall be used to generate market entry signals. Together, we shall code a mean reversion Expert advisor from scratch that enters trades based on these indicator signals. We shall also apply ingenious trade management techniques to ensure that we protect any wins we made by making sure that losses don’t eat into them.

    We shall not use any martingale techniques in this strategy, ensuring that we trade using safe position volumes that can allow account growth without taking considerable risks.

    For those that are still finding their way with MQL5, as long as you understand the basics of MQL5, this course is for you. We will patiently guide you through every step of the strategy development process and walk you through every line of code we shall craft. Hopefully, by the end of the course, you will have the necessary skills to compose your own algorithmic masterpiece, with fingers dancing across the keyboard under the influence of the confidence of a seasoned programmer.

    So hit hard on that enroll button now and join me in this incredible journey of coding the Blue fairy mean reversion system.

    Who this course is for:

    • Anyone willing to learn how to smoothen indicator data.
    • Anyone willing to learn how to convert trading ideas into MQL5 code.
    • Anyone willing to learn how to develop a mean reversion strategy

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    Latvian Trading Solutions
    Latvian Trading Solutions
    Instructor's Courses
    We are a team of traders with vast experience trading in the financial markets. We mostly trade Commodities and Forex with different and diverse trading styles, which is what makes us stronger as a pack. We love and enjoy trading such that sharing our beliefs and knowledge about the markets is an honor to us. We have a team of MQL5 and MQL4 specialists who create efficient and robust indicators and Algorithmic trading systems, giving us a mathematical, emotional and logical edge in the market.We have hosted live training sessions in many areas across Africa and we hope that you will find value in what we shall share.
    Students take courses primarily to improve job-related skills.Some courses generate credit toward technical certification. Udemy has made a special effort to attract corporate trainers seeking to create coursework for employees of their company.
    • language english
    • Training sessions 16
    • duration 2:55:07
    • Release Date 2024/05/18