Posts made by carlosaas

Some ticks come only to change the position of ask and bid and others to change the position of the price, and the price only changes when there is a closed negotiation. The difference between the two is this, the tick volume adds the ticks that do not change the price and the ones that change, real volume only adds the ticks that change the price or that have volume.

I've understood your position and your intent about the system, focusing on experts rather than on indicators, and reducing the disruption to whoever uses your system by making it comparable, and I think you're right about it.

But I still need to put the mqlbook and I could not, I did as Metatrader's help says, I added it in OnInit and using the example (I put the pass block and then the custom mql code), I can use it or on OnBookEvent Has on your system) or OnTick of that case put it on OnTick between some conditions, and close it on OnDeinit, I did all this, when I downloaded the file mql5 the code that I had written for OnInit was not there and the array that I had Placed to save the mqlbook data has been transformed into a variable.

MKTDEEP test

This is the code that gives me those numbers in the upper left corner of the screen, you will see that it is pretty bad (I had to loop manually) if you can, take a look.

Well, anyway our conversation was very enlightening, thank you.

Look, I'm going to try to explain to you how it works, just the way I understood it, and I hope you and those who read also understand.

From the programming point of view if you pull the information from MqlBookInfo it only brings a list that shows the volume of offers for the 15 values ​​above and the 15 values ​​below the current market price, these offers are all orders pending. And here to understand what they serve we have to remember a maxim of the market: "buy cheap and high sale", so the whole volume below the current market price are purchase orders, and the above volume are sales orders, And so when we buy we always buy from Ask (we buy from someone who is willing to sell) and we sell at Bid (we sell it to someone who is willing to buy it). In Metatrader's Book there are other functions, buy and sell buttons, tick charts, among others, but they involve some more practical concepts that use other Metatrader features.

Now if you leave the Book of Metatrader open in such a contract you will see that in some moments the volume of offers for sale is much higher than the offers of purchase, and in some of these situations the price rises. But there are some situations in which the volume of sales offers is monstrously larger than that of purchase offers, that is, there is a huge amount of people willing to sell and realize their profits, and the chance of the price going up is even greater, but It's like I said, it's just chances. It is easier to see what happens in contracts that are highly liquid and highly sought after for daytrade operations

What can be removed from this for analysis, if you make the sum of the offers of sale and soon after subtract the sum of the offers of purchase there we have an indicator that gives us the direction to where the market is pointing at that moment, and this is very Good for daytrade and scalper trade operations, from this image I took we can see a 30% bigger offer of buy offers than of offers of sale in that contract.

In this image there was a break and the price fell, so I think it is valid as an analysis tool.

Already I'll put another suggestion here, just as you ticked the ticks per second option could make the volume per second, since each tick brings together a trading volume, and the volume is one of the most important indicators to analyze .

The information in the upper left corner of the image is an expert that I did as a test, so the name is asdfg, but it can take those informations.

A good day to all

Some time I'm studying the builder and I really enjoyed the variety of options and situations that we can handle with this tool, and so here are my congratulations.
But seeing the conditions and the options of blocks that we have not seen anything that could be used to analyze the depth of the market, and I found in the forum nothing that said about this.
In the custom mql5 block of code I can not put an array because when I send the file it turns a variable, and I do not know if I'm programming the wrong code (I'm still very bad in the language), but when I put MarketBookAdd in OnInit it does not Appears in the file mq5, I deleted the project but I did the way it was in the code sample that the site gives on OnInit, I put the pass block and then the custom mql5 code, and it did not work.

Is there any way to access the depth of market data for me to do my analysis?

Is that the information that is provided under the conditions are very specific and do not give much choice of analysis.

Forgive me for any mistake, I used google translator.