How was your first EA developed? - page 5

 
Osmar Sandoval Espinosa #:
I thought that you could connect your account to TV and trade...
One of the funniest things I've seen is a trader seeking to connect TV to MT5. Why? Why? Whyyyyyy? 😅
 
Ryan L Johnson #:
One of the funniest things I've seen is a trader seeking to connect TV to MT5. Why? Why? Whyyyyyy? 😅

I think that many people find mt5 or mt4 interfaces hard (at the beginning) to analyze, so they use TV and then enter trades on mt5 mobile app.


(I used to do that)

 
Osmar Sandoval Espinosa #:

I think that many people find mt5 or mt4 interfaces hard (at the beginning) to analyze, so they use TV and then enter trades on mt5 mobile app.

(I used to do that)

I can understand manual signal copying from one platform to the other, but building an automated bridge between the two instead of learning MQL5 seems nonsensical.
 
My first EA failed, but it gave me the foundation I needed. Now I’ve built a system I fully understand and trust, and it’s been trading live for over 6 months with consistent performance. Not perfect, but solid
 
I took me quite awhile but i developed a risk managing trend following expert the only problem is mql5 does not support my expert design: i utilize swing point account balance % based risk management with my experts since its continuation based however mql5 does not support this style of expert which is unfortunate because i create marvelous codes but i cant share them with the world :[
 
Tamar Smith #:
I took me quite awhile but i developed a risk managing trend following expert the only problem is mql5 does not support my expert design: i utilize swing point account balance % based risk management with my experts since its continuation based however mql5 does not support this style of expert which is unfortunate because i create marvelous codes but i cant share them with the world :[

What seems to be your issue with account balance?

printf("ACCOUNT_BALANCE =  %G",AccountInfoDouble(ACCOUNT_BALANCE));
Documentation on MQL5: AccountInfoDouble / Account Information
Documentation on MQL5: AccountInfoDouble / Account Information
  • www.mql5.com
Returns the value of the appropriate account property. Parameters property_id [in]  Property identifier. The value can be one of the values of...
 
Ryan L Johnson #:
I can understand manual signal copying from one platform to the other, but building an automated bridge between the two instead of learning MQL5 seems nonsensical.

Hmmmm, what about building a bot in python and connecting it with MT5?

Do you find that useful?

That was one of my first attemps of building something, tbh i was kinda scared of mql5, at the starts seems kinda hard, but eventually is easier.
 
Ong Chun Yew #:
My first EA failed, but it gave me the foundation I needed. Now I’ve built a system I fully understand and trust, and it’s been trading live for over 6 months with consistent performance. Not perfect, but solid

What was your first strategy based on?


And what are you trading rn?

 
Tamar Smith #:
I took me quite awhile but i developed a risk managing trend following expert the only problem is mql5 does not support my expert design: i utilize swing point account balance % based risk management with my experts since its continuation based however mql5 does not support this style of expert which is unfortunate because i create marvelous codes but i cant share them with the world :[

What do you mean by swing point account balance?

Like the SMC term?

 
Osmar Sandoval Espinosa #:

Hmmmm, what about building a bot in python and connecting it with MT5?

Do you find that useful?

That was one of my first attemps of building something, tbh i was kinda scared of mql5, at the starts seems kinda hard, but eventually is easier.

Although I've only dabbled in Python, my understanding (based on the wealth of relevant information on mql5.com) is that Python is king for implementing highly complex trading systems for use with MT5.

I also understand that there is some backend Python support built into MT5, but I've never used it.

For an average trading system, straight MQL5 is the way to go.