Learn MQL5: Build an 8-Currency Hedging Robot (MetaTrader 5)

Course details

From the Creator of the Most Popular Algorithmic Trading Course on Udemy with over 16,000 students!

****

Course last updated January 2017!

This course is the first of a 4-part mega course. Scroll down to see the full list of Chapters.

Price will increase as more lectures are added.

The author of this course is one the most viewed writers in Algorithmic Trading on Quora and has been featured on Investopedia.

****

Huh? What is a Trading Robot?

A Trading Robot is a set of programming code that analyses and trades the market on its own. Trading Robots allow you to trade the markets without human intervention!

What is MetaTrader 5 (MT5) and MQL5?

MetaTrader 5 is a software that allows us to build trading robots. It is the successor to MetaTrader 4. MQL5 is the programming language we use in MT5. When MT5 was initially released in 2010, it was not very popular. However, recent updates to MT5 (changes to the hedging issue) has increased its popularity among traders and brokers.

MT5 may be the future, so let's master this stuff now!

Some highlights of MT5 (aka benefits over MT4):

• Trade Stocks and Futures
• Multi-Currency/Product Backtesting (this opens up a wide range of strategy options!)
• Insanely Fast Optimisation times (1000X faster than MT4!)
• Backtesting on REAL tick data
• Automatic Walk-Forward Optimiser
• The MQL5 language is harder to pick up compared to MQL4. But once you get it, you can easily pick up other object-oriented languages like C++ and JAVA
  
• In the unlikely scenario where MetaQuotes discontinues MT4, we are screwed. Thus, it is good to have a backup plan (aka learn MT5)

What does this course offer?

This course teaches the knowledge required to effectively build trading robots using MT5 and MQL5. 

You will be able to build advanced strategies that span across multiple financial products (Stocks, Futures, Forex and CFDs), shorten optimisation times from hours to minutes and increase your backtest accuracy by testing on real ticks. 

So yea, these are massive improvements over MetaTrader 4! (It's kind of a big deal)

We do NOT promise that you will strike it rich overnight. We do not make ridiculous claims (like those you see in newspapers and online ads) that you will make $3722 every night.

This course WILL, however, offer you the years of experience we have in building Robots. You will understand the pitfalls and keys to success to design great robots. You will avoid the hundreds of mistakes we made in our journey.

What is an 8-Currency Hedging Trading Robot?

MetaTrader 5 allows us to backtest and execute advanced strategies that span across multiple financial products (this is not possible with MT4), so we'll utilise that to build advanced multi-asset strategies. 

We will build an 8-Currency hedging trading robot. This trading robot analyses the 8 major currencies (USD, EUR, JPY, GBP, AUD, CAD, CHF and NZD) and exploits inefficiencies when any of them goes out of whack. This trading robot will serve as a good template for you to experiment and build your own strategies. 

Full Syllabus (These are Chapters not Lectures!)

<Course 1: Learn MQL5: Build an 8-Currency Hedging Robot (MetaTrader 5)>

• Here's What You Are In For!
• Programming Fundamentals 1: Variables and Conditionals
• Robot 1: Anna - Our First Robot!
• Getting Market Information - Troublesome but Essential Stuff
• Understanding the Strategy Tester (Part 1)
• (We are here!) Programming Fundamentals 2: Loops + Importing Code
• What's the deal with OOP - Mastering Object-oriented Programming (Part 1)
• Robot 2: Bella - Utilising Volatility!
• Pseudo Data Management in MT5
• Understanding Our Optimiser (Part 1)
• Programming Fundamentals 3: Arrays and Indicators
• Building Indicators 1: Simple Indicators and Multi-buffers
• Bonus Robot: Zelda - 8 Currency Arbitrage Robot

<Course 2: Learn MQL5: Master OOP + Time Manipulation>

• Programming Fundamentals 4: Self-Learning and Functions
• What a Mess! - Order Management (Part 1)
• Robot 3: Charlotte - Different Order Types
• Understanding the Strategy Tester (Part 2)
• Robot 3A: Charlotte 2.0 - Different ways to Code Orders
• MQL5 Coding Nuances - Get to know the small things
• Robot 4: Diana - Turtles
• Programming Fundamentals 5: Manipulate Date and Events
• MT5 In-built EA Generator
• Robot 5: Emma - A Robot based on Time
• Understanding the Optimiser (Part 2) - Multi-threaded and Walk Forward
• Robot 6: Francoise - Net Positions, No Hedging
• Building Indicators 2: Momentum
• What's the deal with OOP - Mastering Object-oriented Programming (Part 2)

<Course 3: Learn MQL5: Semi-Algo Robots and Trading on News>

• Uses and Types of Scripts
• Robot 7: Genevieve - Semi-Algo Robot
• Overview of Different Algo Trading Strategies
• Robot 8: Haley - Mean Reversion
• Building Indicators 2: Oscillators
• Robot 9: Iris - Breakout
• Building Indicators 3: Volume
• Robot 10: Judy - Strategy based on Volume
• Programming Fundamentals 6: Understanding Libraries
• Math Analysis
• Building Indicators 4: Multi-asset (Correlations aka Proxy Trading)
• Programming Fundamentals 7: Clean code + Graphical Objects
• Trading on News and External Events
• Robot 11: Kate - News Trading

<Course 4: Learn MQL5: Multi-Asset Arbitrage - Futures and Stocks>

• Robot 12: Lena - Single Proxy Trading
• Robot 12A: Lena 2.0 - Proxy Asset + Proxy News Trading
• Modifying Robots for Live trading
• Robot 13: Naomi - Multiple Proxy Trading
• Robot 14: Olivia - Multi-asset (3 Currency Arbitrage Trading)
• Futures Trading with MQL5
• Robot 15: Phoebe - Futures Robot
• Stock Trading with MQL5
• Robot 16: Quinn - Stock robot
• Robot 17: Rachel - Futures Pair Trading
• Robot 18: Samantha - Multi-asset Arbitrage (4 Futures Hedging Strategy)
• Robot 19: Tiffany - Statistical Arbitrage (7 Stocks Arbitrage Strategy)

Frequently Asked Questions

// I'm a complete beginner. Is this course suitable for me?

Yes, this course is designed for beginners. The course is prepared in a progressive manner. It entails a graphical, step-by-step approach with minimal technical jargons.  But of course, you will need to put in more effort than someone with a stronger background to master the content.

// I can't code! Is this course suitable for me?

Yes, this course is designed for those who are new to programming. We have a 24/7 support channel to assist you with coding issues!

// I can code! Is this course suitable for me?

If you are an expert at MQL5. Congratulations! You don't need this course. For everyone else, welcome aboard.

// What if I am unhappy with the course?

We would never want you to be unhappy! If you are unsatisfied with your purchase, contact Udemy within the first 30 days and they will issue you a full refund. No questions asked.

// How long do I have access to the course?

How does lifetime access sound? After enrolling, you have unlimited access to this course for as long as you like - across any and all devices you own.

// Are we expecting more content in this course?

Yes! We are adding 10 more sections worth of content to this course. Content will be added weekly.

// Do you teach conceptual theories on Algorithmic Trading?

Yes we do, but not in this course. Check out our other courses for that.

About the Course

• Free: All software and data used are free! All robot testing and trading done in this course are done using virtual money!
• Unconditional 30 days money-back guarantee - You have absolutely nothing to lose
• Full lifetime access!
• Access to all future lectures. Over 9 sections (50 lectures) to be added in the coming months. (Note that Course Price will rise as more sections are added)
• 24/7 access to Luke Code Support (LCS). LCS is an email conduit where you can ask for help for any programming issues.