MQL5 PROJECTS- Black Fairy Hedging Grid Scalping Strategy

MQL5 PROJECTS: Black Fairy Hedging Grid Scalping Strategy, available at $64.99, has an average rating of 4.1, with 28 lectures, based on 24 reviews, and has 220 subscribers.

You will learn about Learn to interpret trading ideas into MQL5 code Learn to code cost averaging protocols to any trading system Learn to code a trailing stop to a basket of trades Learn to code a trailing Take profit to a basket of trades Learn to add hedge trades to a basket of orders as a loss recovery method Learn to calculate custom indicator values within an EA Learn to code a custom chart appearance for an EA This course is ideal for individuals who are Anyone with basic knowledge of MQL5 or Anyone willing to learn critical aspects of trade management It is particularly useful for Anyone with basic knowledge of MQL5 or Anyone willing to learn critical aspects of trade management.

Enroll now: MQL5 PROJECTS: Black Fairy Hedging Grid Scalping Strategy

Summary

Title: MQL5 PROJECTS: Black Fairy Hedging Grid Scalping Strategy

Price: $64.99

Average Rating: 4.1

Number of Lectures: 28

Number of Published Lectures: 28

Number of Curriculum Items: 29

Number of Published Curriculum Objects: 29

Original Price: $19.99

Quality Status: approved

Status: Live

What You Will Learn

Learn to interpret trading ideas into MQL5 code

Learn to code cost averaging protocols to any trading system

Learn to code a trailing stop to a basket of trades

Learn to code a trailing Take profit to a basket of trades

Learn to add hedge trades to a basket of orders as a loss recovery method

Learn to calculate custom indicator values within an EA

Learn to code a custom chart appearance for an EA

Who Should Attend

Anyone with basic knowledge of MQL5

Anyone willing to learn critical aspects of trade management

Target Audiences

Anyone with basic knowledge of MQL5

Anyone willing to learn critical aspects of trade management

The Black Fairy trading strategy is a mean reversion system. It seeks to find market tops and bottoms by calculating how far price has deviated from the mean. Its entry principles are based on the fact that price will always revert back to the mean no matter how far it may deviate from it.

In this course, we’ll explore the power of the Black Fairy strategy, a system that capitalizes on entries in the market during its movement towards the mean. With the application of powerful trade management protocols and risk adjustments, this strategy has become a source of pride for me, and I’m excited to share it with you.

Our focus will be on trade management strategies, as we walk you through the process of building a complex Expert Advisor that uses advanced trade management techniques to earn consistent profits in the market. We’ll teach you how to code custom chart appearances, calculate custom indicator values, and interpret trading strategy concepts using functional programming.

But that’s not all – we’ll also explore some of the most interesting and unique ways to use the MQL5 language that you won’t find in other courses.

Throughout the course, we’ll cover a range of trade management strategies, including cost averaging, trailing stops, and hedging, to help you optimize your trading system and minimize losses. We’ll also explore how to debug and optimize your Expert Advisor to ensure maximum efficiency with minimal curve fitting.

Here’s a preview of what you’ll learn in this course:

1. Custom chart appearances – Discover how to code a custom chart appearance to change the appearance of any chart when our expert advisor is loaded.

2. Custom indicator values – Learn how to calculate custom indicator values within an expert advisor and publish it as one file as required by the Metaquotes marketplace.

3. Functional programming – Understand the thought process of functional programming to interpret trading strategy protocol concepts and translate them into code.

4. Cost averaging – Add cost averaging capabilities to our EA with a fixed virtual monetary take profit.

5. Trailing stop – Explore the idea of trailing the price with a trailing stop for a basket of orders after our monetary take profit amount is reached to squeeze more profits out of our positions.

6. Trailing take profit – Use a trailing take profit to escape the eventuality of a runaway grid.

7. Hedging – Use hedging to shift your position in the market towards the prevailing market direction when the market conditions do not favor us as a loss recovery strategy.

8. Debugging – Learn how to debug expert advisors to find inefficiencies in our code and solve them.

9. Optimization – Discover how to optimize a strategy with minimum curve fitting of parameters.

Enroll today and join us on this incredible journey of developing the Black Fairy trading strategy. Click that enroll button now and take the first step towards trading success!

Course Curriculum

Chapter 1: The Black Fairy system

Lecture 1: The Black Fairy trading system

Chapter 2: Obtaining indicator values

Lecture 1: Creating a custom chart appearance

Lecture 2: Getting indicator values

Lecture 3: Preparing to calculate indicator values

Lecture 4: Calculating indicator values within the EA

Chapter 3: Entering the first trades

Lecture 1: First trade entry signals

Lecture 2: Preparing for the first trade entry

Lecture 3: Executing the first trades

Lecture 4: Executing the first trades part 2

Chapter 4: Cost averaging

Lecture 1: Virtual money profit

Lecture 2: Executing cost averaging trades

Lecture 3: Making adjustments

Lecture 4: Using a lot multiplier

Lecture 5: Limiting the number of cost averaging trades

Lecture 6: Creating an auto lot function

Lecture 7: Adding a trailing stoploss

Lecture 8: Adding a trailing take profit

Lecture 9: Fixing a bug 1

Lecture 10: Fixing a bug 2

Lecture 11: Fixing a bug 3

Chapter 5: Hedging

Lecture 1: Getting the total position size

Lecture 2: Hedging from runaway grid conditions

Lecture 3: Setting a hedge basket target

Lecture 4: Fixing a bug 4

Lecture 5: Setting loss recovery options

Lecture 6: Strategy Optimization

Chapter 6: Conclusion

Lecture 1: Conclusion

Lecture 2: Bonus Lecture

Instructors

Latvian Trading Solutions
Traders and Software developers

Joy D Moyo
Algorithmic trading systems designer and developer

Rating Distribution

1 stars: 3 votes

2 stars: 0 votes

3 stars: 0 votes

4 stars: 2 votes

5 stars: 19 votes

Frequently Asked Questions

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