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 [...]

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. [...]

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 [...]

At times traders may need to perform a time synchronization task when expert advisor is working. Prohibition or permission for orders opening in certain time spans during 24 hours, cancellation of suspended orders after certain time, prohibition against work of the expert advisor on holidays, trade permission only at news-time etc. may be required. Time [...]

In MQL5 there are several ways to call indicators, and they are mostly carried out using IndicatorCreate() and iCustom() functions. Moreover, these functions only return indicator handle, and further work on indicators is done through it. So what is a handle? How to deal with IndicatorCreate() and iCustom() functions? And how your expert will get [...]

Anybody who has ever launched an EA or an indicator for execution, faced the possibility to preliminarily set up external parameters that often underlay the success of the program. There is a possibility to change parameters during the program operation. But how can that be done without initialization? In some cases, this may affect managing [...]

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, [...]

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. [...]

The abundance of indicators and oscillators developed nowadays inevitably leads to the problem of choosing the most efficient of them. Very often a beginning trader first facing this plenty of available analysis and forecasting tools starts testing them on history data and demo accounts. After that a set of conclusions is made about the efficiency [...]

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 [...]

Analytics is one of the most important components of trading. Based on analytical data, a trader can decide what operation to execute, when to do it and the profit/loss of the trade. The MetaTrader 5 platform offers you wide analytical possibilities! Charts Charts constitute a work field for technical analysis. This is where dynamics of security [...]

Forex Hoster offers hosting packages that give clients real-time access to their individual accounts. This gives you the ability to view, manage and trade in real-time through your broker, and host live or demo Expert Advisors. Features & Benefits of Forex Hoster VPS Forex Hosting solution: MT4 through a web browser (beta) Windows Security Flaws Virus , [...]

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 [...]

Off-exchange retail foreign currency (or forex) trading uses currency from a variety of countries to create a one of the most popular trading markets. We believe that traders-beginners, keen by passion, rush to trade without having a Forex trading strategy. MetaTrader Expert Advisors or a MetaTrader EA is a mechanical trading system which automates the [...]

Make sure that the MT4 (MetaTrader 4) is running on a computer which is connected to internet all the time. This is important because MetaTrader 4 and the expert advisor is not running on your broker’s servers. Many of the functions of EA or forex software can be performed successful only if it is constantly [...]

There are a vast number of people who are looking for a good genuine forex expert advisor (trading robot). In my knowledge, nothing has made a more profound innovation for an individual trader who likes trading from home, more than Meta Trader Expert Advisors. MetaTrader expert advisors are automated programs that will place trades on a traders’ [...]