The MQL5 Wizard is a fantastic tool for traders looking to create ready-made Expert Advisors (EAs) based on the Standard Library classes that come with the MetaTrader 5 client terminal. For more details, check out this guide. With it, you can quickly test your trading ideas by crafting your own class for trading signals.
To get started, your trading signals class will derive from CExpertSignal. You'll need to override the LongCondition() and ShortCondition() virtual methods with your own implementations.
A great resource for strategy ideas is the book "Strategies of Best Traders". While it’s in Russian, it covers a wealth of trading strategies. We’ll specifically focus on reversal candlestick patterns confirmed by indicators like Stochastic, CCI, MFI, and RSI.
The best approach is to create a separate class derived from CExpertSignal to verify the formation of candlestick patterns. To confirm trading signals generated by these patterns, you can create a class derived from CCandlePattern and include necessary features, such as oscillator confirmations.