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 [...]

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. [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Forex traders can choose to use expert advisors or forex robots with MetaTrader. For using these MetaTraders trading robots your computer should always be connected to the internet otherwise the robots will not work correctly. There are many traders who are not able to leave there computers on constantly and others who have slow internet [...]