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Posts Tagged ‘EAs’

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

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Nov 17th, 2009 | Filed under MetaTrader General News

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 initial values of the [...]

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Nov 12th, 2009 | Filed under MetaTrader 4 Tips

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 program [...]

Read more about Working with Doubles in MQL4 and view this post/page in full.

Nov 11th, 2009 | Filed under MetaTrader 4

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 your [...]

Read more about What Is Automated Trading and view this post/page in full.

Oct 29th, 2009 | Filed under MetaTrader General News

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 trading [...]

Read more about MetaTrader 4 – The World’s Most Common Trading Software and view this post/page in full.

Oct 22nd, 2009 | Filed under MetaTrader 4

We believe the MetaTrader 4 (MT4) forex trading platform is one of the best and most comprehensive trading and charting platforms available today. Many forex brokers use the MetaTrader 4 platform for their trading platform. There are many MT4 expert advisors (EAs) and trading indicators that easily plug into the MetaTrader charts and that makes [...]

Read more about MetaTrader (MT4) Forex Trading Strategies and view this post/page in full.

Aug 31st, 2009 | Filed under MetaTrader General News