MQL5 ADVANCED: Multi-Strategy & Multi-Symbol Expert advisors

The MQL5 algorithmic trading language brought in a lot of features that were not possible or tediously possible in algorithmic trading. One of those features was the ability to create a multi symbol EA and be able to backtest and optimize it.

So what exactly do we mean by multi symbol EA?…. A multi symbol EA can be loaded once on one chart and trade multiple symbols at the same time. So this is different from taking the same EA and individually loading in on several charts.

The advantage of using only 1 EA to trade several symbols is that it uses less memory, meaning that there will be faster trade execution and management.

Trading several symbols with a good strategy all at once reduces your risk. This is because when you trade one symbol, there are who possible scenarios, a win, or a loss. When you trade two symbols, you can lose-lose, lose-win, win-win, with two scenarios in your favor. As you increase the number of symbols, more possible scenarios begin to fall in your favor. This leads to more smoother and attractive equity curves and better account drawdown conditions.

Backtesting a multi symbol EA allows you to find the most optimal parameters for an EA across multiple symbols all at once and gives you the consolidated performance metrics of an EA across several symbols.

This is helpful because it gives you more reliable data with all the statistical variables than data obtained through individually backtesting several strategies all at once.

The advantages of multi symbol EAs can be further doubled by giving them a multi-strategy ability. Imagine having a strong mean reversion system that’s very profitable in consolidating markets and suffers in trending markets and a trend trading system thats very profitable during trending markets and suffers during consolidation. You could hedge your losses in terrible market conditions and use risk to reward ratios to push the equity upwards with a very low equity drawdown.

In this course, I am going to teach you how to develop multi symbol and multi strategy expert advisors. I will explain every step of the way with the assumption that you have at least some beginner knowledge in MQL5. I will use multiple examples and simplified work flows to ensure that you stay engaged and follow through what we shall be doing.

I will be there with you throughout your learning journey and assist you if you get stuck. I will do all this and more…. So without further delay, Let’s begin learning….. Click hard on that enroll button now, and join me in this joyful journey of developing multi symbol multi strategy Expert advisors

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