MetaTrader Global

978 Participants Registered MetaQuotes Software Corp., Interbank FX, MIG Bank, FXCM, the TRADERS’ magazine and Dow Jones hold the fourth annual Automated Trading Championship 2010. The best three developers of automated trading strategies will be revealed within three months. Assessment criterion will be the absolute profit. Winners will share the Automated Trading Championship 2010 Prize [...]

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. [...]

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 [...]

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 [...]

MetaTrader is one of the most popular trading platform among presently existing. Wide configuration and control possibilities for brokers and a robust programming tool, the integrated MQL language for traders make the system handy and versatile in use. The MQL integrated programming language is a C++ like language. Its concepts and syntax are familiar which [...]

Development of applications for the MetaTrader 4 Client Terminal requires the knowledge of MQL4. This programming language MetaQuotes Language 4 is a fourth-generation language that has also been developed by MetaQuotes Software Corp. from their own many years experience. MQL4 is the first programming language to consider all niceties of trading on financial markets. This [...]

Many of you probably have considered the possibility of using neural networks in your EA. This subject was very hot specially after 2007 Automated Trading Championship and the spectacular winning by Better with his system based on neural networks. Many internet forums were flooded with topics related to neural networks and Forex trading. Unfortunately writing [...]

To back test an expert advisor (EA) follow the steps below. Open the Strategy Tester window by pressing Ctrl+R Select the expert advisor you wish to back test Select the symbol you wish to back test Select a testing model (every tick model recommended) Set a testing period Press Start

The Foreign Exchange (or Forex) trading uses currency markets from a variety of countries to create a trading market where billions and billions are traded and exchanged daily. If you aim to profit from Forex trading, then you would need to own every single pip that you can get. But this is easier said than done, [...]

Not so long ago – at the dawn of technical analysis when by far not all traders had computers – people appeared that tried to predict future prices using formulas and regularities invented by them. They were often called charlatans. Time went on, methods of information processing became more complicated, and now there can hardly [...]

Let’s look at how to optimize an expert advisor. In the example below we will look to optimize the size of stop loss and take profit. Expert Optimization Steps 1. Open the Strategy Tester window by pressing Ctrl+R. 2. In the Strategy Tester window, select Expert Properties 3. Select the  Optimized parameters ( in our example stop-loss and stop-profit) 4. Enter the [...]

The MQL programming opens new opportunities for the automated trading, many people all over the world already have appreciated it. When we are writing an Expert Advisor for trading, we must be sure that it will work correctly. Many newbies often have some questions when the results of some mathematical calculations differ from those expected. [...]

Looking for a MetaTrader Broker with a local office in India? MetaTrader India recomends Alpari Forex (India) Pvt. Ltd. is a company formed under the Indian Companies Act, 1956.  To find out more and to open an account visit http://www.metatrader.in/metatrader-forex-broker/ Alpari offers Online Trading in Forex via MetaTrader 4 (MT4), one of the world’s most recognised [...]

Modern technologies allow us not only to trade in financial markets using personal computers, but we can fully automate a trading system now. Using a computer program you can relieve yourself from the routine of analyzing financial markets and performing trades. Our client terminal has all functions that allow you to develop, test and use [...]

It is important to choose a forex trading platform that meets your requirements. There are different types of platforms that provide different facilities. The platform that you choose depends on your approach. Some platforms provide high level of details. They provide highly complex charts and indicators and complete information about the markets. If you are [...]

MetaTrader refers to a group of software applications that help brokers and traders to trade currency. They also use MetaTrader programs to trade CFD contracts and other markets such as spot gold and silver (bullion). MetaTrader is developed by ‘MetaQuotes Software’ a Russian company. You as a trader may use one of the following MetaTrader [...]