Coding Value at Risk for Two Positions in MQL5 for Better MT5 Risk Management

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Understanding how to code Value at Risk (VaR) in MQL5 for two positions is a necessary step before being able to code the VaR for any number of positions. This MQL5 tutorial provides code samples and explains everything you need to understand to build this functionality into your own EA (Expert Advisor), or MQL5 Scripts.

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#MQL5, #ValueAtRisk, #MT5, #MetaTrader5, #VaR, #2Positions, #2Assets, #CodingTutorial, #MQL5SampleCode, #CodeDownload, #FreeMQL5Code, #RiskManagementLibrary, #RiskManagementInMT5, #RiskManagementForMQL5, #Darwinex

This is Episode 15 in the Darwinex 'Institutional-Grade Risk Management Techniques' Playlist: https://youtube.com/playlist?list=PLv-cA-4O3y979Ltr9wQ2lRJu1INve3RCM

The MQL5 code used in this tutorial can be downloaded from: https://github.com/darwinex/advanced-mql-programming/tree/master/risk-man/two-asset-var

Video Contents:
00:00 Coding 2-Position Value at Risk (VaR) in MQL5
00:20 Why Darwinex?
01:16 MQL to inform Risk-Based decision Making
01:34 Reducing Drawdown and Smoothing the Equity Curve
01:52 Calculating VaR in MQL5
08:20 Using the Risk Management Module from your Expert Advisor or Script
12:54 Summary and Next Episodes

Content Disclaimer: Past performance is not a reliable indicator of future results. The contents of this video (and all other videos by the presenter) are for educational purposes only and are not to be construed as financial and/or investment advice.

Risk disclosure: https://www.darwinex.com/legal/risk-disclaimer




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Tags:
MQL5
Value At Risk
MT5
MetaTrader 5
VaR
2 Positions
2 Assets
Coding Tutorial
MQL5 Sample Code
Code Download
Free MQL5 Code
Risk Management Library
Risk Management in MT5
Risk Management for MQL5
Darwinex