Creating a EA with MQL5 : Part 1

Before you begin to code your EA, do you have a deep understanding on how the MetaTrader Strategy Tester works?

Why do you need to understand how it works? After you have coded your EA, you need to back test to see if it performs accordingly to your strategy right?

Well, if you have not read up on it, I suggest that you read up these links provide before you venture into the world of EA.

Testing Trading Strategies
The Algorithm of Ticks’ Generation within the Strategy Tester of the MetaTrader 5 Terminal
Creating Custom Criteria of Optimization of Expert Advisors

Some food for your thoughts
Order Strategies. Multi-Purpose Expert Advisor

Have a good time reading.

AUDCHF - Jan - Buy Signal

Signal : Upwards Channel

Buy when price near support trend lines

End Of ATC 2012

ATC 2012 had come to an end with me in position 35. It is a really nice experience to have participant in this competition.

My EA had some error and got into an endless loop. Everything is fixed now and I'm moving on to develop more EA to participate in the coming championship.

Check out my ranking http://championship.mql5.com/2012/en/users/doshur


Some statistics on the competition

Total participants : 447
(If you did not know, all these participants EA must generated profit from 1st Jan 2012 to 31st July 2012)

Profit participants : 129 (28.85%)

ATC : Caught In An Endless Loop

My robot show some good results but due to a programming error. It was in an endless loop now.

By right my robot should enter 3 trade with 1.64 lots for each trade. Now it only enter 1 trade. By right my ranking should be around 22!

Automated Trading Championship 2012 - Day 1

My name on the last row in page 1

Hope that it can perform well till the end