MetaTrader Global

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! [...]

FXOpen to offer free education in Moscow Moscow, Russia – April 23, 2010. FXOpen Investment Inc. participated in the Ninth International Exhibition MOSCOW FOREX EXPO, that took place in the Radisson SAS Centre on April 23-24, 2010. The Company was pleased to announce that it would offer free educational courses in trading, starting in its [...]

Fixed displaying of pending orders for symbols with 3 decimal places. At 100 points before the execution price orders are highlighted red. The live update will be available through the LiveUpdate system.

When placing orders from charts there is no need to remember which type of pending orders to use. To place a pending order via a chart just right click with mouse on the desired point in the chart where you would like to place the order and select the “Trading” command in the menu. You [...]

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 [...]

If you have several trading accounts, you are able to create a special profile for each account. When you switch between accounts, the profiles will be opened automatically. To create a profile, you must save it under the name which is exactly the same as the account number. Source: http://articles.mql4.com/189

Introduction What is an indicator? It is a tool intended for displaying a certain type of data. Usually it is information about the price series properties, exactly this type of indicators will be considered further. Each indicator also has its own properties and characteristics: for example, the range of values, the overbuying/overselling zones, the line [...]

If you accidentally close a chart it can be reopened with all its settings using “File -> Open Deleted”. Source: http://articles.mql4.com/189

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

To modify a working order or create a new Stop Loss and/or Take Profit order, double-click on one of these fields in the order line. When the order window appears, enter the necessary values. Source: http://articles.mql4.com/189

Press F10 to open the Popup prices window. To enable the popup window to be “Always on the Top” right mouse click in the popup window. This will enable you quotes while working with other applications. You can also select “Properties…” in the right click menu of the popup prices window, which will allow you [...]

You can check the price range and the number of bars between two points using the ruler. To do so, select the “Crosshair” object, click with the left mouse button on the first point in the chart and drag the cursor to the second point. The first number (23) is the count of bars, the [...]

To print a chart, Press Ctrl+P. By default the charts are printed in black and white, but they can also be printed in color. Just check the “Color print” field in the “Charts” tab of the “Tools -> Options” menu. Source: http://articles.mql4.com/189

MetaTrader Expert Advisors file should have the file extension of .ex4 (compiled code) or .mq4 (sourse code). First it is necessary to copy this file to the folder Experts of the MetaTrader working directory (usually C:\Program Files\MetaTrader Broker Name or MetaTrader). The second step is to restart MetaTrader. After the restart the expert should be added to the list [...]

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 [...]

You can create several sets of symbols and switch between them. This can be very useful if you work with different groups of symbols (currency pairs, futures, etc.). This allows you to hide all “excessive” symbols and save your favourite symbols.

If news is disabled your internet traffic will be reduced. To disable news simply open the “Tools -> Options” menu and un-tick the “Enable news” field in the “Server” tab.

Your internet traffic can be reduced if the unused symbols are hidden. You are able to hide symbols several ways: 1.  Right mouse click in the “Market Watch” window then select ”Hide All”. 2. Select the symbol using the left mouse button then press Delete. 3. Right mouse click in the “Market Watch” window and select the “Symbols” command then hide/show symbols [...]

Frequently used indicators, scripts, experts and accounts can be added to the “Favorites” group to enable faster access. To add indicators, scripts, experts or accounts, click with the right mouse button on the name of the indicator, script, expert or account and select ”Add to favorites”. The listed items will be then available in the “Favorites” tab of the [...]