MetaTrader Global

In order to develop an expert to participate in Automated Trading Championship 2010, let’s use a template of ready expert advisor. Even novice MQL5 programmer will be capable of this task, because for your strategies the basic classes, functions, templates are already developed. It’s enough to write a minimal amount of code to implement your [...]

This article will teach you how to receive trade signals that are necessary for a trade system to work. The examples of forming 20 trade signals are given here as separate custom functions that can be used while developing Expert Advisors. For your convenience, all the functions used in the article are combined in a [...]

This article summarizes and systematizes the principles of creating algorithms and elements of trading systems. The article considers designing of expert algorithm. As an example the CExpertAdvisor class is considered, which can be used for quick and easy development of trading systems. Introduction The life cycle of any trading system is reduced to opening and [...]

Creating and Publishing of Trade Reports and SMS Notification Traders don’t always have ability and desire to seat at the trading terminal for hours. Especially, if trading system is more or less formalized and can automatically identify some of the market states. This article describes how to generate a report of trade results (using Expert [...]

This article is dedicated to peculiarities of transferring price constructions written in MQL4 to MQL5. To make the process of transferring indicator calculations from MQL4 to MQL5 easier, the mql4_2_mql5.mqh library of functions is suggested. Its usage is described on the basis of transferring of the MACD, Stochastic and RSI indicators. Introduction Hello dear readers! [...]

The problem of calculation of the total position volume of the specified symbol and magic number is considered in this article. The proposed method requests only the minimum necessary part of the history of deals, finds the closest time when the total position was equal to zero, and performs the calculations with the recent deals. [...]

The basic rule of trader – let profit to grow, cut off losses! This article considers one of the basic techniques, allowing to follow this rule – moving the protective stop level (Stop loss level) after increasing position profit, i.e. – Trailing Stop level. You’ll find the step by step procedure to create a class [...]

In MQL5 you can write an indicator both from a scratch and on the basis of another already existing indicator, in-built in the client terminal or a custom one. And here you also have two ways – to improve an indicator by adding new calculations and graphical styles to it , or to use an [...]

A number of indicators have appeared since the time of first Moving Average indicator creation. Many of them use the similar smoothing methods, but the performances of different moving averages algorithms have not been studied. In this article, we will consider possible ways of use the Moving Averages in MQL5 and compare their performance. Introduction [...]

The construction of various types of diagrams is an essential part of the analyses of the market situation and the testing of a trading system. Frequently, in order to construct a nice looking diagram, it is necessary to organize the data output into a file, after which it is used in applications such as MS [...]

The Use of ORDER_MAGIC for Trading with Different Expert Advisors on a Single Instrument This article considers the questions of information coding, using the magic-identification, as well as the division, assembly, and synchronization of automatic trading of different Expert Advisors. This article will be interesting to beginners, as well as to more experienced traders, because [...]

Calls to user and technical indicators takes up very little space in the program code of automated trading systems. Often it’s simply a few code lines. But it often happens that it is these few lines of code which use up the largest portion of time, which needs to be spent on testing the Expert [...]

With the launch of the “Jobs” service, the MQL5.community became an ideal place for placing orders and providing programming services. Thousands of traders and developers visit this resource on a daily basis, and can easily help each other. For a trader, the “Jobs” service is the opportunity to easily obtain his own Expert Advisor. For [...]

Many people asked MetaQuotes to develop a mobile version of Metatrader 4 for iPhone. Unfortunately, the mobile version of MT4 is only available for the Windows Mobile platform ( Smartphones and Pocket PC’s). However the good news is that Metatrader 5 will be available for Iphone and Google Android platforms! It was recently confirmed by [...]

LiteForex group of companies is pleased to announce the new demo server launch intended for testing Metatrader-5, the next-generation platform. MetaTrader-5 trading platform has been developed for working in Forex and CFD markets which is a big advantage for traders interested in both stock and currency tools. Trading possibilities of MetaTrader-5 have been considerably extended [...]

New York, NY (PRWEB) July 22, 2010 FXDD, a leading online Forex broker, is now offering the Metatrader 5 software trading platform for practice (demo) accounts. To sign-up for an FXDD Metatrader 5 practice account, please visit http://www.fxdd.com/metatrader5 FXDD, a leading online Forex broker, is now offering the Metatrader 5 software trading platform for practice [...]

Step-By-Step Guide to writing an Expert Advisor in MQL5 for Beginners Introduction This article is aimed at beginners who wish to learn how to write simple Expert Advisors in the new MQL5 language. We will begin first by defining what we want our EA (Expert advisor) to do, and then move on to how we [...]

A little bit of history As little as 5 years ago, the MetaTrader 4 terminal was officially presented to the traders, written completely from scratch and intending to replace the existing, and already popular, third generation terminal of MetaQuotes Software Corp. MetaTrader 4 quickly gained popularity among traders, and as a consequence, in the following [...]

Recently the beta version of MetaTrader 5 Strategy Tester was released. This program is the integral part of the MetaTrader 5 Client Terminal being designed for the purposes of testing and optimization of MQL5 Expert Advisors. With the testing you can assess the qualities of your Expert Advisor on history data before launching it in [...]

This article is a quick guide to MQL4 language functions, it will help you to migrate your programs from MQL4 to MQL5. For each MQL4 function (except trading functions) the description and MQL5 implementation are presented, it allows you to reduce the conversion time significantly. For convenience, the MQL4 functions are divided into groups, similar [...]