Are you looking to amp up your trading game? The MQL5 Wizard is your go-to tool for crafting custom Expert Advisors (EAs) in MetaTrader 5. With it, you can whip up ready-made EAs using the built-in Standard library classes that come with the platform. This makes it a breeze to test your trading strategies quickly by simply creating your own class of trading signals. You can find the structure of this class and examples in the article MQL5 Wizard: How to Create a Module of Trading Signals.
So, what's the big idea? You start by deriving your trading signals class from CExpertSignal. Then, you'll need to override the LongCondition() and ShortCondition() methods with your own custom methods.
There’s a book titled Strategies of Best Traders (in Russian) that discusses various trading strategies, but we’ll focus on reversal candlestick patterns confirmed by indicators like Stochastic, CCI, MFI, and RSI.
The best approach is to create a separate class that derives from CExpertSignal to identify candlestick patterns. For confirming trade signals generated by these patterns, you can write a class derived from CCandlePattern and integrate the necessary features, like confirmations from oscillators.
In this post, we’ll focus on the
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