MQL5 PROJECTS: Code the Sure Fire Hedging strategy with MQL5
What you'll learn
- Code a Hedging strategy with MQL5
- Code a Random Walk strategy with MQL5
- Problem solving in MQL5
- Project planning with MQL5
Requirements
- Basic knowledge in MQL5 programming
Description
Hello everyone, My name is Joy D Moyo and I am going to share with you how to code a forex trading strategy that will literally never lose in the market if you have the appropriate account size.
The strategy that I will use in this course was brought to me by one of my students who requested me to create a course on how to code it. The strategy is pillared on the principles of the random walk trading theory.
The Random walk theory suggests that past changes of prices in exchange rates cannot be used to predict future price movement. It proclaims that prices take a random and unpredictable path that makes all methods of predicting prices futile in the long run. It supports that it is impossible to outperform the market without assuming additional risk.
It regards technical analysis as unreliable because technical analysts only buy or sell after a trend has developed. It also regards fundamental analysis as unreliable due to subjective information collection and data misinterpretation.
Hence the strategy that I will be teaching you to code in this course has no entry trigger and only enters the markets randomly regardless of the market direction, as long as it moves, the strategy makes money. It assumes additional risk to outperform the market in the long run.
To be consistent and never lose as long as there is enough capital, it is based on a hedging trading method. So what is hedging you may ask,
hedging is a method of trading that involves Buying and Selling the same asset to offset risk.
My objective in this course is not to give you a strategy that never loses. It is not to baptize you in money so that you wake up a millionaire or buy a jet in the next few months. My objective is to teach how to code this strategy and other strategies that are similar to it using the MQL5 algorithmic trading language. This course is not for MQL5 Beginners, it’s for people who at least understand the simple basics of the MQL5 trading language. It will enrich you with new mental skills that will introduce you to a whole new trading mindset.
If exploring new ideas is your forte, click that enroll button now and learn how to code a hedging strategy that never loses in the market.
Who this course is for:
- Anyone interested in learning how to code a Random walk EA with MQL5
Instructors
- 4.6 Instructor Rating
- 1,659 Reviews
- 5,457 Students
- 40 Courses
Joy D Moyo is a distinguished algorithmic trading systems designer with over six years of experience in the field. As a retail trader, he mostly focuses on currency trading, although occasionally he trades oil and gold.
Having honed his skills through dedicated efforts, Joy D Moyo has become adept at constructing his own technical indicators and trading strategies. These methods are rooted in non-subjective technical analysis approaches, placing significant emphasis on his ability to effectively exit trades, whether at a loss or in profit.
Despite holding a Bsc Hons Degree in Biochemistry, Joy D Moyo's unwavering determination led him to seek knowledge from esteemed retail traders within the financial market industry, thus propelling him to his current stature. Through relentless dedication, he has cultivated techniques that cater to his specific trading requirements, further augmenting his expertise. In addition, he has delved into the creation of Expert Advisors, automating certain aspects of his trading activities.
Joy D Moyo's journey has entailed significant investments of time and effort, resulting in the development of highly effective trading methods, tailor-made for his success as a retail trader. With a commendable zeal for sharing his wisdom with the world, he eagerly looks forward to imparting his valuable knowledge to aspiring traders.
- 4.6 Instructor Rating
- 1,659 Reviews
- 5,430 Students
- 40 Courses
We are a team of programmers, trading system developers and traders with vast experience trading the financial markets.
We mostly trade Forex with different and diverse trading styles. We love and enjoy trading and sharing our beliefs and knowledge about the markets honors us.
We are Python, 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.