
Learn cost averaging within grid scalping by entering multiple positions at different prices, using size multipliers, to improve profitability and manage risk across evolving market moves.
Discover the Allimacao trading system, a trend-based strategy using the alligator indicator, market indicator, and awesome oscillator with MACD momentum, cost averaging, and virtual stop-loss exits.
Declaring global parameters shows how to set up an expert advisor in an mgcl file. It covers input parameters for MACD, alligator, and awesome oscillator, plus indicator handles and buffers.
Configure arrays for series with reversed order to prioritize latest data, then obtain indicator handles for MACD, Awesome Oscillator, and Alligator using current symbol and period, applying closing price.
Learn to fetch MACD, Awesome Oscillator, and Alligator values with copy buffer—from the latest price to the fifth candle—and store closing prices for signal generation.
Use the allocator indicator to detect uptrends (lips above teeth above jaws) and downtrends, then trigger buy/sell signals with MACD alpha and the awesome oscillator for a cost-averaging grid system.
Test indicator signals by visually validating uptrends and downtrends. Confirm buy and sell signals with alligator, MACD, and awesome oscillator momentum to ensure trades align with price action.
Prepare an MQL5 expert advisor for trade entry by configuring the trade class, setting input parameters for slippage, money management, and profit target, and initializing deviation and magic number.
Learn to prepare an expert advisor to enter trades, use buy and sell signals, and count positions to ensure only your trades enter per symbol, with filtering by magic number.
code a take-profit function that closes buys and sells when the profit target is met, iterating positions by ticket, filtering by expert advisor and symbol, and calculating profits and commissions.
Test conventional trade operations by simulating long and short exits, reviewing exit values and profits on both buy and sell trades, and assess balance vs equity dynamics.
Learn to implement a cost averaging grid that adds buys as prices fall, using a lot multiplier, defined trade limits, and adjustable grid distance and size to rescue losing trades.
Modify the expert advisor to enable cost averaging and grid trades by initializing point-valued variables, calculating next buy and sell prices, and using last trade prices.
Learn to implement cost averaging and grid trading in MQL5 by building create buy and create sell routines, with next buy price, next sell price, lot sizing, and trade-count control.
Filter entries to enter only in high momentum uptrends or downtrends. Create buy and sell signals as filters using momentum and trend confirmations to reduce risk in the grid system.
Develop a mechanism and implement a void function that closes losing trades on reversal to prevent large equity and balance divergence.
Improve a MQL5 expert advisor by implementing a new bar present check to detect new bars, run non-critical code once per bar, and optimize testing in the strategy tester.
Test and validate an mql5 grid scalping expert advisor by printing next buy price and distance, checking sell distances, and organizing inputs into grouped folders for a clean, professional interface.
The lecture shows testing the expert advisor in visual mode and long-term backtests, verifying entries with histograms, macd, and alligator signals, and refining trade limits to ensure rule-based performance.
The instructor wraps up the course by inviting learners to share cost averaging strategies for MQL5 expert advisors, explore grid scalping ideas, and create courses to develop and quote ideas.
Have you ever entered a trade in the market and price immediately runs to your stop loss, then proceeds in the direction you had analyzed it would go?
Or Have you ever missed a good trade simply because you were waiting for the best timing to execute your trade?
Timing your entries in the market can be a huge headache regardless of how good you’re at market analysis. The complex strategy that we will code together this course will highlight a type of of trade management that seeks to solve this problem of pinpoint market entries.
Cost averaging is when a trader makes market entries at certain intervals on the same asset with the intention of reducing the effect of volatility on their position.
Cost averaging has the obvious advantage that a position can be split into many trades entered at different prices where each successive entered trade has a better entry price than the previous one.
Most of the best performing and profitable strategies on the MQL5 market and PAMM accounts, use cost averaging trade management methods and have made ridiculously inflated returns over the years.
This strategy is not a holy grail.
With this course, my objective 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.