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Development of applications for the MetaTrader 4 Client Terminal requires the knowledge of MQL4. This programming language MetaQuotes Language 4 is a fourth-generation language that has also been developed by MetaQuotes Software Corp. from their own many years experience. MQL4 is the first programming language to consider all niceties of trading on financial markets.
This present [...]
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 [...]
Read more about Changing the External Parameters of MQL4 Programs without Restarting 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.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
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 [...]
Read more about MetaTrader Tips – Expert Advisor Installation 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 [...]
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 [...]
MetaTrader 4 is a professional online trading software platform which is designed to help traders by providing them broker services in the Forex, Futures and CFD markets. It is stand alone software platform and no other platform is required while using this software. This software doesn’t operate on Windows 95. The platform is renowned worldwide for its high standards [...]
Read more about MetaTrader 4 Review and view this post/page in full.MetaQuotes has published the first official screenshots and feature information about the MetaTrader 5 Client Terminal.
Metatrader 5
Two years ago we started the development of MetaTrader 5 platform. Now this work is approaching completion and by autumn we are planning to release the new platform. Beta testing of the new client terminal and MQL5 development environment starts [...]
Read more about MetaTrader 5 Client Terminal – First Screenshots and Information and view this post/page in full.
