MetaTrader Australia

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! [...]

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 [...]

A number of indicators have appeared since the time of first Moving Average indicator creation. Many of them use the similar smoothing methods, but the performances of different moving averages algorithms have not been studied. In this article, we will consider possible ways of use the Moving Averages in MQL5 and compare their performance. Introduction [...]

The Use of ORDER_MAGIC for Trading with Different Expert Advisors on a Single Instrument This article considers the questions of information coding, using the magic-identification, as well as the division, assembly, and synchronization of automatic trading of different Expert Advisors. This article will be interesting to beginners, as well as to more experienced traders, because [...]

Many people asked MetaQuotes to develop a mobile version of Metatrader 4 for iPhone. Unfortunately, the mobile version of MT4 is only available for the Windows Mobile platform ( Smartphones and Pocket PC’s). However the good news is that Metatrader 5 will be available for Iphone and Google Android platforms! It was recently confirmed by [...]

MetaTrader 5 Beta Testing MetaTrader 5 is at the stage of public beta testing. Please join the testing, and help MetaQuotes to improve the new client terminal for Forex, CFD and Futures, as well as equity markets. To download MetaTrader 5, please visit http://www.metatraderglobal.com/metatrader-5-download/ To read more about the MetaTrader 5 beta, please visit http://www.metatraderglobal.com/183/public-beta-testing-of-the-metatrader-5-terminal/

MetaTrader 5: Publishing trading forecasts and live trading statements via e-mail on blogs, social networks and dedicated websites Introduction Automatic web-publication of trading forecasts has become a widespread trend in the trading industry. Some traders or companies use Internet as a medium for selling subscribed signals, some traders use it for their own blogs to [...]

MQL5 for Newbies: Guide to Using Technical Indicators in Expert Advisors Introduction An Expert Advisor or indicator that doesn’t use standard technical indicators in its code is rare. They are popular both for the beginners and advanced developers of trading strategies. It isn’t difficult to understand the details of indicator creation; the aim of this [...]

Let’s consider a task of improving an indicator, which is applied to values of another indicator. In this article we’ll continue to work with True Strength Index (TSI), which was created and considered in the previous article “MQL5: Create Your Own Indicator“. Custom Indicator Based on Other Indicator’s Values When writing an indicator that uses [...]

Below is a list changes in the MQL5 Help file. Note: The Help is not updated automatically but can be downloaded at: http://www.mql4.com/files/mql5.chm Added the OBJPROP_READONLY property for the Edit graphical object, which enables/disables editing of a text in this object; Added an example for the IndicatorRelease() function; Added the IndicatorCreate() function in the “Access [...]