Robot Trading System

My daily updated real account results: https://www.myfxbook.com/statements/2559459/statement.html In this video I wanted to talk about a presentation that I have created for the last I think about two weeks, you can find it on: robottradingsystem.com and it contains so much useful information that I think that you might want to watch it. Actually it’s over two hours long, most of it is pure content, I talked about my numbers and my systems, this slide is showing the results for the Robot Trading System on I think September the 28th because that’s what it says here. Let’s visit the website, click on the real time account statement, today we have October the 11th 2018, let’s click on the Robot Trading System to show the current results and currently we have made 7.67%, the profit is 3,819 Dollars and 86 cents, that’s a little bit more than you see here and if you are interested we are going to talk about the 5 steps to develop a trading system that works. It doesn’t matter if you are ever going to buy something from me, I think that the content is something that you might find very interesting and it should help you even if you never consider being an automated trader. Here is a little spoiler; the one big breakthrough that actually became the foundation for the Robot Trading System can be found in the book: “Trade your way to financial freedom” by Van Tharp, Van Tharp once talked to a guy named Tom Basso and this guy thought it was possible to make profits with a random based entry if the other components are good enough. Let’s do that live, we will test it for the year 2018 up to the current day, let’s click on start, this shouldn’t take very long. Okay, in this case we made 50,249 Dollars end-result, that’s a total net profit of: 255 Dollars and 19 cents. Let’s repeat the test, this time it says we made: 125 Dollars and 59 cents and because of the random entry we have different results for the same time span. So if you are interested to find out the details and watch the results for the Robot Trading System for the last two weeks just follow the link and watch a little over 2 hours of video content to find the solution that works for you.

Here we are going to code a little Expert Advisor which will find out for us if the market is closed or it is open, just as you can see it here. We begin the code with of the Expert Advisor with external variables. This enables you to set the market opening and closing time for your country manually. I live in Germany so the trading hours start here at 9:00 am and end at 5:30 pm. – in German notation that is 17:30 so, when the time will reach 9:00 the text here will change to “Market is open” and when time will reach 17:30 it will change to “Market is closed”. So, how can we code an Expert Advisor which is able to recognize the local time and create a signal for the market opening or closing time? To start the code, please click on the Metaeditor button here or press F4 to use the shortcut. When your Metaeditor is running please click on “File/ New/ Expert Advisor (template)” from template, click “Next”, let’s name the new Expert Advisor as: ”SimpleTime”, click “Next”, “Next” again then “Finish”. Here let us remove everything above the “OnTick” function, even the two comment lines. This time we need to define two string variables above the “OnTick” function so you can set the opening and closing time of the market manually. It is the “extern” command which is a modifier that makes this possible. When you open the properties for the Expert Advisor you can modify the variable settings. We also need to define two integer variables; one will be the index for the time of the market opening and the other one will be the index for the time of the market closing. I want one more string variable for showing the market state. We begin with a closed market and in the “OnTick” function we calculate the time in seconds and convert it to string by the function; “TimeToStr” and with the function “TimeLocal” we get the values of the “TIME_DATE” and the “TIME_SECONDS”. Please press F1 and here you will find out that “TIME_DATE” will give you the year the month and the day while “TIME_SECONDS” is giving you the hours, the minutes and the seconds. This provides us the data for the current time on our computer. Next we want to check in the time string if the opening time is present by using the command: “StringFind”, this will search for the previously calculated market opening time in seconds. Now we have the last parameter to add which is for the starting position. In the string we want to start our search exactly from the first character then we apply the same for the closing time. For this purpose we need another command, which is: “StringFind”. This will search the time string to find the market closing time. Once it finds the opening time and the value for index market opening time is greater than zero then we set the market state to open. If this isn’t true and the closing time is being found and the index market closing time is greater than zero we set the market state to closed. Now we have left with the text output on the chart, for that purpose we use the “Comment” function. So, we output the texts directly on the chart: “Time:” following by the current time as it was calculated and the text: “Market is” following by the market state. Now we can compile the code by clicking on the “Compile” button here or by hitting F7 on the keyboard. We haven’t gotten any errors or warnings so we have finished the code. Let’s go back to Metatrader by clicking this button here or by hitting F4 on the keyboard. When you are back in Metatrader let us launch the Strategy Tester , so please click on “View/ Strategy Tester” or use CTRL + R. Let’s select the Expert Advisor we just coded: “SimpleTime.ex4”, let’s turn on the visual mode by this checkbox here then let’s start a test to see our Expert Advisor at work. If it works well we need to see here that it says market is closed and when the time reaches 9 am – which is about to happen just in a few seconds – it should say: market is open. Yes, it said it just like that.

In this new video we shall create an Expert Advisor with the use of the Indicator called: Fractal Adaptive Moving Average. We have a buy signal whenever the blue line is below the candles, like here, and we have a sell signal when the line is above the candles, like this one here. So, how can we code an Expert Advisor in Metatrader 5 which is able to print (display) the buy or sell signals directly on the Forex chart? Let’s begin by clicking on the little button here or you can also press F4 on your keyboard. You should see the Metaeditor window now. Next you click on file “File /New /Expert Advisor” from template (template), Continue (Next). Give it a name like: “Simple Fractal Adaptive MA” (SimpleFractalAdaptiveMA). Continue, continue and finish. In the Metaeditor window delete everything above the “OnTick” function including the two comment lines. First of all, we are creating a string variable for the signal – we also name it signal – and we are going to assign the values later. Next you need to create a price array. For this we use “MqlRates”. “MqlRates” is a function in MQL5 which stores information about prices, volumes and the spread. Therefore, whenever you need to get the values for an open, high, low or a close price just use “MqlRates” to build a price array. Then the array needs to be sorted. We do that by the command: “ArraySetAsSeries”. Next, we are sorting the price array from the current candle in descending order. We need data for 3 candles only and we use “CopyRates” to fill the price array with the data. For “CopyRates” you need to define a few parameters. First comes the parameter for the symbol which is for the currency pair on the chart. Second is the currently selected period on the chart. For example: a 1-minute chart or an hourly chart. The zero here stands for the current candle. The current candle is always named candle zero and it is on the right side of your chart. This one here called candle 1, and this one is candle 2, and so on. We only need data for 3 candles, then we store the result in our price array (PriceArray). For the Expert Advisor let’s create another array. Let’s name it: “FramaArray” for the Fractal Adaptive Moving Average and we do that with the use of the built-in function “iFrAMA” which comes with MQL5. Let’s use the current symbol on the chart and the current period on the chart. The calculation of Frama (Fractal Adaptive Moving Average) is based on 14 candles, which is the default settings for the indicator. This you can see also when you right click on the indicator and select properties. Here it is: 14 candles and the calculation is based on the close price. The next parameter here is for the shift and we leave it zero – that’s also 0 in the default settings. The last parameter to be set here is “PRICE_CLOSE”. We have only used the default parameters here. This array needs to be sorted as well. Once again, we use “ArraySetAsSeries” to do that. Next we fill our Frama array with data by using CopyBuffer” based on the definition we have created here. Frama has only one line here; that’s buffer 0. We calculate values from the current candle; that’s candle 0. We only take data for 3 candles, the number 3 here stands for that. Then we store the data in the Frama array. Afterwards we need to calculate the value for the last candle – which is candle 1 in the Frama array – to get the signal. If the Frama value is above the last candle high we would like to sell. (Sell signal) In this case here for example. If the Frama value is below the last candle low we would like to buy. (Buy signal). In MQL5 we define this conditions by using an “if” statement. For example, if the Frama value is above the high of candle one in our price array we want to assign the word: “sell” to the signal and if the Frama value is below the last candle low, that is; if Frama value (FramaValue) is below the low price of candle one (PriceArray[1].low) in our price array we want to assign the word: “buy” to our...

Most traders try to find the perfect system https://s3-eu-west-1.amazonaws.com/mqltutorialenglish/What+if.mp4 But it might take you years if you don’t use automated trading systems to find out in minutes, what otherwise would take you years. One thing is indisputable: computers are much faster when it comes to calculating results…

You can easily create automated screenshots with MQL4 with a predefined function. https://s3-eu-west-1.amazonaws.com/mqltutorialenglish/How+MQL4+can+create+automated+screenshots+in+Metatrader4.mp4 It is very easy to do, even if you are a discretionary trader, because the whole program is only 5 lines of code…   https://s3-eu-west-1.amazonaws.com/goldengoosedownloads/CreateScreenShot.ex4 https://s3-eu-west-1.amazonaws.com/goldengoosedownloads/CreateScreenShot.mq4

Yes, trading is exciting. But most traders lose their money within the first year! https://s3-eu-west-1.amazonaws.com/mqltutorialenglish/5+reasons+why+you+should+stop+trading+today.mp4 And there are reasons for that. It is not an accident that your broker is offering bonuses if you trade bigger amounts. Why do you think he is doing that?

This time we are talking about a trading system that is automated with MQL4 – and it uses random entries. https://s3-eu-west-1.amazonaws.com/mqltutorialenglish/Your+predone+working+MQL4+System+for+Download.mp4 You might wonder why? That is easy: Most people have no clue, how good random works. They simply believe that their trading entry signal can beat random entries. But you might be wrong… Links: Download Salt here: https://mql4tutorial.com/salt See statistics here: https://mql4tutorial.com/saltstatistics

Sometimes I can’t believe what people will do for money. Here is this guy, telling the whole world about his trading experience as “Professor Binary” and you can find the exact same guy offering faked testimonials on fivver.com https://s3-eu-west-1.amazonaws.com/mqltutorialenglish/TradingRobotScamAreYouInDanger.mp4 See yourself: Is this the same person?

Traders like good entry signals. All the time people talk about entries. https://s3-eu-west-1.amazonaws.com/mqltutorialenglish/Can+your+trading+entry+beat+a+random+trading+entry.mp4 And they all think that one thing called entry is the most important part of the system. They also think their entry is better than random and better than most other entry signals. But how much better is it – if it is better at all? Would you like to know how good a random system can perform? Find out in the video… Incoming search terms:MQL random entry

Imagine you could not fail with your automated trading system. https://s3-eu-west-1.amazonaws.com/mqltutorialenglish/If+you+could+wave+a+magic+wand+and+get+the+results+you+want.mp4 What would you like your trading system to look like? How would you like it to work? What should be the long time results?