CTrade Statistics
Info
The CTrade Statistics is a Library for MetaTrader 5 that the ctradestatistics class provides a comprehensive suite of enumeration parameter calculations, offering a flexible approach to statistical analysis in trading strategies. With the exception of equity drawdown, all parameters can be computed based on trade history, enabling on-demand insights during testing and beyond.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Library works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Libraries folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use CTrade Statistics
1. Storage: Place library files in the MQL/Libraries directory to ensure they are accessible to your projects.
2. Implementation: Include the library in your code using the #import directive, ensuring you match the exact function names and parameters.
3. Compilation: Ensure the library is present in the directory before you compile your main EA or script, as the compiler links them during this phase.
4. Management: Keep libraries organized in sub-folders if you manage many custom functions to maintain a clean project structure.
Frequently Asked Questions
Q: What is a library file used for? A: Libraries store reusable code modules, allowing you to centralize common logic used by multiple EAs or indicators.
Q: Is a library executable? A: No, libraries are non-executable files containing functions; they must be imported into an EA, indicator, or script to function.
Q: Can I update a library while the platform is running? A: You should compile your EA or script after updating a library to ensure the latest code changes are integrated.
What this tool does
The CTradeStatistics class provides a comprehensive suite of enumeration parameter calculations, offering a flexible approach to statistical analysis in trading strategies.
Typical Use Case
This Library excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Library works on MetaTrader 5. Place the file in the MQL5/Libraries folder and restart the terminal.
Description & Settings
Related: Statistics Library for MetaTrader 4 and 5 - another powerful library for MetaTrader 5 traders.
The CTradeStatistics class provides a comprehensive suite of enumeration parameter calculations, offering a flexible approach to statistical analysis in trading strategies.Also recommended: MLP Neural Network Class for MetaTrader - similar library with strong performance on MetaTrader 5.
With the exception of equity drawdown, all parameters can be computed based on trade history, enabling on-demand insights during testing and beyond.
Key Features:
- Functionality beyond the strategy tester: Access statistical data at any point during testing or outside the tester.
- Calculation and retrieval: The CTradeStatistics::calculate() function computes parameters, and results are accessible via methods named after the statistical parameters.
- Logging and visualization: The CTradeStatistics::printStatistics() function logs all parameters, and the tradestatistics.mq5 script offers a panel for result visualization.
Equity Drawdown Calculation: The CTradeStatistics::calculateEquityDD() function ensures accurate equity drawdown calculations, providing reliable values at any program point.
Code Example:
result:
2022.09.13 08:52:19 tradestatistics (eurusd,h1) lr correlation: 0.97
Usage in Tester: Calculations can be updated using events, as demonstrated in the provided example.
You may also like: free fuzzy logic library for metatrader - excellent alternative for library users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#property script_show_inputs
#include <ctradestatistics.mqh>
input bool inpuseallhistory = true; // use all history
input datetime inptimestart = d'2011.10.03 00:00'; // time begin
input datetime inptimeend = d'2011.12.31 00:00'; // time end
ctradestatistics m_stat;
void onstart().......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.