MQL5 PROJECTS- Code a Carry TradeRoll Over Strategy in MQL5

MQL5 PROJECTS: Code a Carry Trade/Roll Over Strategy in MQL5, available at $44.99, has an average rating of 5, with 12 lectures, based on 4 reviews, and has 32 subscribers.

You will learn about How to plan and code a trading strategy from scratch How to trade and profit from swaps How to code a Roll over EA How to code a time based logic into an EA This course is ideal for individuals who are Anyone willing to learn how to code a trading strategy from scratch or Anyone willing to profit legally from swaps without directional bias It is particularly useful for Anyone willing to learn how to code a trading strategy from scratch or Anyone willing to profit legally from swaps without directional bias.

Enroll now: MQL5 PROJECTS: Code a Carry Trade/Roll Over Strategy in MQL5

Summary

Title: MQL5 PROJECTS: Code a Carry Trade/Roll Over Strategy in MQL5

Price: $44.99

Average Rating: 5

Number of Lectures: 12

Number of Published Lectures: 12

Number of Curriculum Items: 12

Number of Published Curriculum Objects: 12

Original Price: $29.99

Quality Status: approved

Status: Live

What You Will Learn

How to plan and code a trading strategy from scratch

How to trade and profit from swaps

How to code a Roll over EA

How to code a time based logic into an EA

Who Should Attend

Anyone willing to learn how to code a trading strategy from scratch

Anyone willing to profit legally from swaps without directional bias

Target Audiences

Anyone willing to learn how to code a trading strategy from scratch

Anyone willing to profit legally from swaps without directional bias

Rollover in forex refers to the process of extending the settlement date of an open position beyond the standard window. When you trade a currency pair, you’re essentially agreeing to buy one currency and sell another at a specific exchange rate. Traditionally, this settlement occurs within a standard window period and you will be obliged to pay the equivalent of the currency you bought using the currency you sold. However, since we are only trading for speculative purposes and we don’t want the actual physical currency, we usually buy back the currency we sold using the currency we bought before the settlement date. However If you hold a position past the standard settlement date by not closing it, a rollover occurs. This means you’re essentially borrowing one currency to hold the other overnight.

Each currency has an interest rate that is set by the currency country for borrowers of the currency. Since you’re borrowing one currency and holding the other, you’ll either pay or receive interest depending on the interest rate differential between the two currencies in the pair. If the interest rate of the currency you’re selling (quote currency) is higher than the interest rate of the currency you’re buying (base currency), you’ll incur an interest expense for holding the position overnight. This is deducted from your account balance.

Conversely, if the interest rate of the base currency is higher than the quote currency, you’ll earn interest for holding the position overnight. This is credited to your account balance.

A carry trade involves borrowing a currency with a low interest rate and using it to invest or buy in a currency with a higher interest rate. The goal is to pocket the positive difference between the two rates. In this course we are going to code a strategy together that takes advantage of this and it’s completely legal. The strategy we shall code together enters trades only for 2 minutes during midnight to earn money on differential interest rates or swaps. It is a strategy that does not need you to speculate on whether the market will be bullish or bearish. It just relies on you borrowing a currency with a low interest rate to buy a currency with a high interest rate and taking the profit for yourself.

To understand how such a strategy works and how to code it in MQL5, click hard on that enroll button now and follow me into this course as we dive deeper into uncommon knowledge and uncover more secrets about the forex market.

Course Curriculum

Chapter 1: Introduction

Lecture 1: Introduction

Chapter 2: Coding The Strategy

Lecture 1: General Configuration

Lecture 2: Regulating Trade Count

Lecture 3: Creating a Spread Filter

Lecture 4: Generating Entry Signals

Lecture 5: Getting the Trade Volume

Lecture 6: Entering Trades

Lecture 7: Closing Trades

Lecture 8: OnTick Events

Lecture 9: Testing the Strategy

Chapter 3: Conclusion

Lecture 1: Conclusion

Lecture 2: Bonus Lecture

Instructors

Latvian Trading Solutions
Traders and Software developers

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5 stars: 3 votes

Frequently Asked Questions

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