Fundamentals of MQL5

Name: Fundamentals of MQL5
Rating: 4.1 (331 reviews)

Automate Trade Strategies on MetaTrader 5 for FOREX, Stocks and Futures

Created byNurudeen Amedu

Last updated 8/2019

English

English [Auto],

What you'll learn

Fully automate any FOREX trading strategy on the MetaTrader 5 Platform
Analyse MT5 chart data and make trade decisions with the use of codes
Create an additional source of income by providing coding services to traders
Expand their field of knowledge in the IT field
Maximize the potential of the MetaTrader 5 platform

Course content

3 sections • 33 lectures • 4h 54m total length

Intro Video - Course Overview2:29
Explore fundamentals of MQL5 by learning to build robots and indicators and manage trades. See how objects render buttons, text, lines, and shapes on charts and perform http web requests.
Setting Up Your MetaTrader 51:19
In this video, i show how to set up MT5, open the metaeditor and start a new EA. Please note that i placed my EA in Tutorials folder because i had already opened a Tutorials folder in my experts folder, so on your end it should be "Experts\Learn 1" except you have Tutorials folder in your experts folder
Introduction to MetaTrader 53:35
This a collection of MQL5 resources aimed at explaining the basics for those who are not familiar with the MT5 platform, some of them were gathered online
MQL5 Code Layout8:26
In this video, we take a look at the MQL5 EA code to understand its structure and the functions of the basic parts of the code
For Loop10:08
Please Read Resources before watching video and feel free to leave questions if you have any
Data Types4:19
Arrays9:45
Concept of Buffers2:45
Calling Indicators11:49
Writing Custom Functions3:38
Candle and Trade Operations9:23
Explore candle and trade operations in MQL5 by importing trade libraries, configuring parameters like magic numbers and take profit, and executing open and close trades with signals.
Pips, Points and Ticks1:55
Trade Management6:47
Learn how to manage trades in Mql5 by declaring external parameters, looping through traits to set take profit and stop loss, and modifying selected trades with a position ticket.
Trade Management II5:24
Implement a trailing stop in MQL5 by setting a trail stop threshold, adjusting stop loss behind profit, and validating buy and sell logic through testing.
Coding Indicators4:59
Create a new custom indicator in the indicators folder, review default code, and learn how onCalculate runs on every candle with open, high, low, close, tick volume, and spread arrays.
Moving Average Crossover Indicator7:22
Learn 1 - 5 Codes0:01

Second Custom Indicator18:33
Using Our Second Custom Indicator9:27
Explore using our second custom indicator in MQL5, test signals, copy code snippets, adjust conditions, and view the red line to verify buy and sell signals.
Objects I: Virtual StopLoss & TakeProfit25:18
Objects II: Virtual Trailing10:57
Trade Time Filter13:14
Apply a time filter in MQL5 by declaring start and end times and using the time structure to compare current time against a trading window, with day-of-week constraints.
TypeCasting6:46
Learn how type casting in MQL5 handles converting numbers to strings and doubles to integers, and how explicit casts prevent data loss and compiler warnings.
Objects III: News Filter I13:50
Objects IV: News Filter II12:55
Use the sleep function to time news checks in the news filter II, calculating minutes and seconds before the next release and converting to milliseconds.
Money Management (StopLoss Based)18:57
Compute stop loss and take profit per trade by capping risk to a percentage of balance, and set the trade's volume accordingly using max lot, digits, and tick value.
Money Management II (Balance Based)7:16
Learn balance-based money management by calculating lot size from account balance and risk percent, using a check volume function and risk mode options like balance percent and auto lots.
Market Depth12:11
There is an error in the code
' = ' was used in place of ' == '.
change the following to;
line 47: if(priceArray[i].type==BOOK_TYPE_BUY (...)

line 50: if(priceArray[i].type==BOOK_TYPE_SELL (...)
Trade Management III: Partial Close20:31
Learn to implement partial close strategies in MQL5, closing portions of trades at target values while leaving remaining lots open, with practical coding steps.
Plotting Fibonacci8:22
Plot Fibonacci retracement in MQL5 by selecting the high and low from the last fifty candles and drawing the lines using code with corresponding time and price points.
Getting Fibonacci Values5:19
Objects V: Buttons9:59

Requirements

Basic Understanding of Online Trading

Description

This course is aimed at making students very familiar with the most important aspects of the MQL5 programming language, it walks towards giving the student a strong foundation in the language, then it progresses through the more advanced concepts and ultimately allows the students to easily learn more on their own making them able to automate any MetaTrader 5 trading strategy they can think of.

The course takes the student from the beginner levels by showing them basic MQL5 concepts and later progresses through the more advanced features of the language like Objects Creation and manipulation, String operations, writing HTTP Web Requests and Advanced DLL calls.

Who this course is for:

FOREX Traders
Financial Market Participants
Programming enthusiasts
Financial Analysts
Anyone Interested in the Field

Fundamentals of MQL5

What you'll learn

Explore related topics

Course content

Introduction17 lectures • 1hr 34min

Going Further15 lectures • 3hr 14min

Practical Applications1 lecture • 7min

Requirements

Description

Who this course is for: