Simple and Effective Turnaround Tuesday Index Trading Strategy (Learn mql5 Programming)

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  • Опубліковано 1 жов 2024
  • *Complete MT5 Programming Course: en.bmtrading.d...
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    **These Links are Affiliate Links. If you use this link you can support the channel because I will receive a commission form the company. You do not have any disadvantages of course!
    Learn about the benefits of automated trading. After programming trading strategies for a while I started teaching how to program expert advisors for the MT4 (MetaTrader 4) and MT5 (MetaTrader 5). Until now I only did videos in German but now I will start this channel with English videos to reach a larger audience of traders and help them improve their trading. There will be no fake trading on this channel and no lies. I show trading as it is - the good and the bad sides. Stay tuned and subscribe because you don't want to miss ;)
    Instagram: / rene_balke
    Trading in derivative products such as futures, options, CFDs, Forex and certificates involves a considerable risk. These products are not suitable for every investor. Investors could potentially lose all or more of the original investment. If anything, only money that equals personal risk capital and can be lost without jeopardizing financial security or lifestyle should be used. Partially or fully automated trading programs can only be used to support the trader. Past performance is not an indication of future results.

КОМЕНТАРІ • 66

  • @AaronOak
    @AaronOak 6 місяців тому +3

    I tested it on other indices like US30, US500 & USTEC from 2012 until 2023, with 2% lot size.
    The EA shows impressive result for all. Around 1.6 profit factor, around 5% of max drawdown (given the 5% SL 😁), 50% to 60% win rate.
    Though it could be "boring" for day trader since the EA basically only trades 1 per week 🤣🤣🤣
    Great job, Rene 🍻

  • @thembelssengwayo6896
    @thembelssengwayo6896 6 місяців тому +1

    Thank you René Bake.....Now you are talking my brother from another mother. Thank you God bless you 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂

  • @Stisse12
    @Stisse12 6 місяців тому +2

    You do not have a Telegram or Discord Where we can discuss your Videos, strategys, Trading etc?

    •  6 місяців тому +1

      Nope i am sorry. Always flooded with scammers/spammers...

  • @jivanpuri6310
    @jivanpuri6310 Місяць тому

    Hii Rene, I think you have not considered the Moving Average True Or False… as even if we do False.. it takes same trades.. FYI

  • @saschaheylmann9771
    @saschaheylmann9771 4 місяці тому

    I build the EA. I tested it. It works like a charm. When I put it on the VPS: Nothing. Just does not execute, despite the setup being there. Logs don't show anything strange either. Don't know what to do 😕

  • @CPM350Z
    @CPM350Z Місяць тому

    Thanks yet again Rene! You seemed very passionate about this one!

  • @gundulf4513
    @gundulf4513 Місяць тому

    When he tested the strategy for the first time I wanted to do that too, my EA doesn't give any trades can anyone help me?

  • @MaikS86
    @MaikS86 2 місяці тому

    Hallo René,
    Ich habe die Turnaround Tuesday Strategie nachprogrammiert und bin begeistert.
    Kennst du noch andere saisonale oder zyklische Muster ?

  • @khafiar1794
    @khafiar1794 6 місяців тому +1

    You are doing a great job bro .. keep going ❤❤

  • @enzovitaloni7327
    @enzovitaloni7327 5 місяців тому

    Excellent video Sir! Thanks so much!

  • @nazliimranmohdmansor3107
    @nazliimranmohdmansor3107 6 місяців тому +1

    thanks for sharing.

  • @Limahgod
    @Limahgod 6 місяців тому

    hey, i really loved your video of mt5 to dxtrade bridge. can you please make one for mt5 to ctrader.

  • @mkri1000
    @mkri1000 6 місяців тому +1

    Brilliant job as always!!

  • @chunwang9277
    @chunwang9277 6 місяців тому

    Hallo René Balke, ich schaue mir Ihre Lehrvideos seit vier Jahren an. Können Sie bitte eine Reihe von Videos erstellen, um zu zeigen, wie man ein Trading-Panel in der MT4-Programmierung erstellt, ein Tradingview-ähnliches Design erstellt, Take-Profit und Stop-Loss festlegt? indem Sie die Linien ziehen und das Risiko-Ertrags-Verhältnis berechnen? Anleitungsvideos für andere Funktionen?

  • @md21ky38
    @md21ky38 6 місяців тому +1

    🐐

  • @SeanSheraton
    @SeanSheraton 6 місяців тому

    Hi Rene. Does the strategy only take buys and no sells?

  • @musique_pianotiles4180
    @musique_pianotiles4180 6 місяців тому

    Hi can you tell us how to send the signal to telegram bot

  • @SharonDonohoe
    @SharonDonohoe 6 місяців тому

    Hi Rene - really enjoying your videos thank you - I am very new to coding and have been following your videos. This may be completely wrong however I can't see any code to sell after the 24 hour period so my strategy test doesn't look like anything you have.... I can see the code for time close - I would appreciate any feedback thank you

    • @Rene-Balke
      @Rene-Balke 5 місяців тому

      To get info pls tap photo and check description…..

  • @jogailaab
    @jogailaab 6 місяців тому

    What EA would you recommend?

  • @BotiQTrading
    @BotiQTrading 6 місяців тому

    Hey Rene! Love what you do and your transparency with trading. I have a questions. Do you think it would be possible to code in an EA that it uses when you do a backtest for lets say 10 years, the bot will uses different input parameters for each year. So you could lets say have a moving average crossover strategy, and in the code you can set maby periods 100/300 for 1 year and 200/300 for another year, and 250/350 for another year, and so on. And then when you backtest it will use this eparameters and for the correct year and show the full performance graph from it. It is for Walk forward analysis

    • @Rene-Balke
      @Rene-Balke 5 місяців тому

      Simply reach out by tapping on this photo and check description…

  • @daavilefx
    @daavilefx 6 місяців тому

    Is important to backtest with same terminal you are trading, specially with prop firms like FTMO.
    They buffer margin 333% and 300% (like funded next) so your results, even with same leverage will never be the same.
    ICM uses regular 100% margin level so is huge difference.

    •  6 місяців тому

      Hmm i do not really understand why the margin level matters.. i do not use a high leverage here i think

  • @nicolascriptpackage
    @nicolascriptpackage 6 місяців тому

    Hello sir, please sir
    can you make a coding video on how to add (apply to: close, open, high, loss, first indicator's data, pervious indicator's data ) in a parameter setting, on parabolic SAR

    • @Rene-Balke
      @Rene-Balke 5 місяців тому

      Please ,check out this channel description by tapping^ on photo to get more info^

  • @hadisharghi
    @hadisharghi 6 місяців тому

    I really like your videos, but in every video about programming, you're explaining every little thing about integers, double, functions., enum all over again. You already have multiple videos for beginners about these stuff. Beginners can and should watch those videos first before watching more advanced topics. It really makes your videos frustrating and boring for non-beginners. I skip nearly half of the video just because you are describing what an integer is or a function parameter is. I hope you make your programming videos more about programming technics and strategies not the basic programming stuff.

    •  6 місяців тому +1

      Thanks for the feedback! If you are looking for a structured course you can find it here: en.bmtrading.de/mt5-masterclass/

  • @amstrongfru8801
    @amstrongfru8801 6 місяців тому

    HI Rene, great video as always. How can I get the chart values(Open, high, low and close) for a day of the week, every week, say Tuesdays and Wednesdays for example

    • @Rene-Balke
      @Rene-Balke 5 місяців тому

      …Reach out by tapping on photo: check Channel description…

  • @HKKB93
    @HKKB93 6 місяців тому

    How do you chose the time so that the EA opens the trades. I chose 22h55 in a demo account but it did not open a trade. I don't know if by 22h55 the indices market are already close or not.

    •  6 місяців тому

      You can choose whatever time you like. Make sure to test different inputs ;)

  • @abbeyfx1980
    @abbeyfx1980 6 місяців тому

    Great video, as always. Can you include the source code in the description of the video? It will be easier to study that way.
    Thanks for sharing.

    •  6 місяців тому +2

      Not planned. I want you to learn something ;)

  • @Stisse12
    @Stisse12 6 місяців тому

    Thanks! This is Awesome, I will test this!

  • @sylvestredjagbavi7395
    @sylvestredjagbavi7395 6 місяців тому

    Thank you for the video.🙏
    Please is it possible to write EA, or Iindicator, which can find HARMONIC PATTERNS in mql5?

  • @namchu663
    @namchu663 6 місяців тому

    I Backtest on currency pairs with no buy or sell, so what?

    •  6 місяців тому

      Check the journal for error messages. If you do not find any you should check the code again and try to figure out what went wrong

  • @oldwolfpa
    @oldwolfpa 6 місяців тому

    The number of hands cannot be used normally on USDJPY.

    •  6 місяців тому

      What do you mean with number of hands?

    • @oldwolfpa
      @oldwolfpa 6 місяців тому

      @
      Thanks for your reply
      My English is not good. I mean calculate lots

  • @sky.roulette93
    @sky.roulette93 6 місяців тому

    Great as always Rene, I have a question outside of this video. Can you check if there is a way to do ObjectCreate in the second chart, in the Strategy tester?

    •  6 місяців тому

      Actually i think it is not easily done. Maybe with the windows library but not with the standard mql5 framework i think.. if i remember correctly you cannot really get the chart id

    •  6 місяців тому

      But if you google you might find a solution ;)

    • @sky.roulette93
      @sky.roulette93 6 місяців тому

      @ Yes, the problem is here, only one chart ID can be found, but 3 charts are open. I searched the entire internet, I posted this problem in the MQL5 forum, but no one has a solution.

  • @weisskopfwurm8066
    @weisskopfwurm8066 6 місяців тому

    Hi René, ich wollte dich mal fragen, wie viele Zeilen Code und wie viele Indikatoren du maximal benutzt? Ich habe einen Code geschrieben mit so etwa 40 Copybuffern... und in real-time trading kommt dieser nicht klar... erkenne ich daran, dass der Comment nicht aktualisiert wird, dass keine Informationen nicht real-time aktualisiert werden, kann man da was machen, damit der Code schneller rechnet?

    •  6 місяців тому

      Ich limitiere das nicht. Ich nutze so viele Zeilen/Indikatoren wie notwendig.. Aber das hört sich für mich ehrlich gesagt eher nach einem Problem im Code an.. Eigentlich kann der MetaTrader auch größere Programme problemlos abarbeiten. Vielleicht sind die Indikatoren aber auch einfach super ineffizient. Das kann auch sein.

    • @weisskopfwurm8066
      @weisskopfwurm8066 6 місяців тому

      @ danke für die Antwort. Also, im Strategietester rechnet er es "halbwegs" schnell durch. Ich nutzte Bollinger, SMA und ATR mit verschiedenen Zeitcharts. Ich habe eine Lösung gefunden 8-D. Ich habe eine periodische Funktion hinzugefügt und pro Tick arbeitet er einen kleinen Teil des Codes ab.

  • @F_M_600
    @F_M_600 6 місяців тому +2

    Why so nervous in the end?
    No time to see the last result on YT, why?
    Unless i commend under last video, this ea is after my first tests far away from going into my portfolio^^
    But the simple idea is nice ...
    Keypoint: Not really profitable in the last 3 years on every testet pair.
    Just good enough to learn pragramming.

    • @thembelssengwayo6896
      @thembelssengwayo6896 6 місяців тому +1

      Really profitalbe strategies are NOT free of charge. This is just a turorial bro. Create your own profitable strategy from the tutorial knowledge that is how it all works.

    • @F_M_600
      @F_M_600 6 місяців тому

      @@thembelssengwayo6896
      If you read all of my old commends in the past ... You really know that i am doing this many years.
      So what do you want to tell me new? just wondering.

    • @aldairvanegas4470
      @aldairvanegas4470 6 місяців тому

      ​@@thembelssengwayo6896 EXACTLY. I recommend creating your own bot and never give it to anyone. Do prop firm challenges with that bot and make money

    •  6 місяців тому +1

      You make me nervous 😚

    • @F_M_600
      @F_M_600 6 місяців тому

      @
      🤣

  • @CharityErics
    @CharityErics 6 місяців тому

    Hello sir, please how can I contact you. I really want to learn to to code like a personal teacher just me and you

    •  6 місяців тому

      I do not offer this kind of service. But check out my complete course: en.bmtrading.de/mt5-masterclass/
      This is a lot cheaper than personal lessons and you can always watch the videos again. I am sure you will like it :)

  • @macabrosXXX
    @macabrosXXX 6 місяців тому

    Hi Rene, I just wondering how do you handle the timezone in the backtest?

    •  6 місяців тому

      I just use my brokers' timezone