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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 will [...]
Read more about MetaTrader Tips – Placing Pending Orders Using Charts and view this post/page in full.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 [...]
Read more about Using Neural Networks In MetaTrader and view this post/page in full.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
Read more about MetaTrader Tips – Profiles For Several Accounts and view this post/page in full.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 crossing, tops [...]
If you accidentally close a chart it can be reopened with all its settings using “File -> Open Deleted”.
Source: http://articles.mql4.com/189
Read more about MetaTrader Tips – Reopen Closed Charts and view this post/page in full.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
Read more about MetaTrader Tips – Modify Stop Loss and/or Take Profit Orders and view this post/page in full.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 to [...]
Read more about MetaTrader Tips – Popup Prices Window and view this post/page in full.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 second number [...]
Read more about MetaTrader Tips – Check Price Range and view this post/page in full.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
Read more about MetaTrader Tips – Chart Printing and view this post/page in full.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 of [...]
Read more about MetaTrader Tips – Expert Advisor Installation and view this post/page in full.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, [...]
Read more about Reasons To Consider MetaTrader Expert Advisors and view this post/page in full.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 [...]
Read more about MetaTrader Tips – Expert Advisor Optimization and view this post/page in full.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 in the window that [...]
Read more about MetaTrader Tips – Save Bandwidth Unused Symbols and view this post/page in full.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 “Navigator” window.
Read more about MetaTrader Tips – Favorites Group and view this post/page in full.Double left click with your mouse button on the “Terminal” window title bar to minimize it to the bar of the current account status.
This is a quick and easy way to add some additional space for the charts.
To restore, double-click in the minimized window or select the “Restore” command in the context menu.
For better positioning of the chart on the necessary time, you can use the Fast Navigation line.
To access the fast navigation line;
Press the spacebar or Enter or move the cursor to the left bottom part of the chart
After the sign appears, double-click with the left mouse button
Note: Don’t forget to disable the chart auto scroll.
Precise positioning [...]
Indicators, experts and/or scripts can be promptly attached to the chart if hotkeys are preliminarily set for them.
This can be very useful in the full-screen mode or to save time.
It is two simple steps to assign hotkeys;
Step 1: Select the “Set hotkey” option in the “Navigator” window context menu.
Step 2:Â Select any keys combinations you wish.
Read more about MetaTrader Tips – Attaching indicators, experts or scripts to charts using hotkeys and view this post/page in full.