How to Start with Metatrader 5 - page 87

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pupys:
Hi guys,
I would like to know if is possible use mt4 indicators on mt5?
Thanks .
Most probably not. They need to be converted, while some could have been coded to work on both platforms.
 
Alain Verleyen:
Most probably not. They need to be converted, while some could have been coded to work on both platforms.
Thanks a lot ;)
 

Forum on trading, automated trading systems and testing trading strategies

Alert system from MT4 or MT5 ?

Jose Francisco Casado Fernandez, 2016.12.19 16:15

Currently, no need to send an email and configure complicated web services to resend your email as a sms, etc, etc.

You can configure Push Notifications directly on your MT4 / MT5 and all your Alerts will arrive directly to your mobile phone.


1. You would have to download MT4 / MT5 Mobile aplication (for Android or iOS), and inside that aplication, go to Menu\Settings and go down till you see "MetaQuotes ID" field. You have to remember number appear there.

2. Now, you would have to go inside your PC MT4 / MT5, and go to Tools\Options\Notifications, and there you have to check "Enable Push Notifications" and enter the number you previosly saw inside your mobile aplication (MetaQuotes ID), as I show in the picture:




3. Then, you would have to go to your "Terminal" window, "Alert" tab, right click, select "Create" and configure the alerts that you want, selecting "Notification" in "Action" Menu field, as I show in the picture:




That's all. I hope it help you.

Regards.


 
Alain Verleyen:
Most probably not. They need to be converted, while some could have been coded to work on both platforms.
very good to know that :D
 

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More than 100 major brokers around the world offer MetaTrader 5

MetaQuotes Software Corp., 2016.12.21 12:00

Recently, a number of major brokers, including ActivTrades, Just2Trade, NAS Broker and Halifax Investment Services, announced the launch of MetaTrader 5 with hedging. This trend was supported by other prominent market players: GLOBAL FX, Global Equity Brokers (GEB) and Forexer Limited. The number of such companies is growing on a weekly basis — totally, more than 100 brokers from over the world already offer the flagship platform for trading on financial markets to their clients.

"We, in NAS Broker, are glad to present our clients with MetaTrader 5 — a professional multi-asset next-generation trading platform," says Oleg Sergeev, Senior Analyst at NAS Broker. "Multiple exciting technological innovations allow professional traders to increase their trading efficiency right now: the advanced MQL5 programming language, the MQL5 Cloud network, the new timeframes and the main features – the depth of market and the new strategy tester. In NAS Broker, we support both netting and hedging accounts suiting the needs of various trading strategies".

More than 100 major brokers around the world offer MetaTrader 5

"Just2Trade Online focuses on high-tech brokerage solutions for all major world markets," notes Evgeny Zhilin, Head of Operations at Just2Trade Online, explaining the company's choice of the platform. "While having such a powerful product as MetaTrader 5, we do our best to make maximum use of it. Currently, Just2Trade clients have direct access to over 9 000 tools on NYSE, NASDAQ, LSE, FSE, MOEX, CME, NYMEX, ICE, EUREX, as well as the Forex market from a single account on the MetaTrader 5 platform".

"Halifax Investment Services, an Australian and New Zealand licensed market maker, is proud to offer MetaTrader 5 to its clients and global White Label partners", says Jonathan Schneider, Head of Sales for Halifax. "We offer both exchange traded and OTC products via MetaTrader 5, thus fully revealing its true multi-asset nature. MetaTrader 5 allows Halifax and its White Label partners to compete on all fronts".

"The addition of hedging meets the aspirations of many traders, current MetaTrader 5 users as well as others," adds Ricardo Evangelista, International Desk Manager at ActivTrades. "We believe it will appeal to many, including those currently using MetaTrader 4. From the early days, following the launch of MetaTrader 5, the request for hedging has been a constant. It was something desired by traders interested in exploring the potential of the platform but put off by the restriction on hedging. Now that is available we expect to see an increase in the demand for MetaTrader 5".


 

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Press review

Sergey Golubev, 2014.06.06 09:25

3 Steps to Trade Major News Events (based on dailyfx article)

Talking Points:

  • News releases can be stressful on traders
  • Develop a plan before the event arrives
Major news releases can be stressful on traders. That stress can show up for a variety of trading styles.
Perhaps you are already in a good position with a good entry and you are afraid the news release may take a bite out of your good entry.

Perhaps you want to enter into a new position as prices are near a technically sound entry point, but you are uncertain if the technical picture will hold up through the volatile release. Therefore, you agonize over the decision of whether to enter now or after the news event.

Maybe, you like to be in the action and initiating new positions during the release. The fast paced volatility during the news release still gets makes your palms sweat as you place trades.

As you can see, news events stress traders in a variety of ways.

Today, we are going to cover three steps to trade news events.


Step 1 - Have a Strategy

It sounds simple, yet the emotion of the release can easily draw us off course. We see prices moving quickly in a straight line and are afraid to miss out or afraid to lose the gains we have been sitting on. Therefore, we make an emotional decision and act.

Having a strategy doesn’t have to be complicated. Remember, staying out of the market during news and doing nothing is a strategy.

A strategy for the trader with a floating profit entering the news event could be as simple as “I am going to close off half my position and move my stop loss to better than break even.”

For the trader wanting to initiate a new position that is technically based, they may decide to wait until at least 15 minutes after the release, then decide if the set-up is still valid.

The active news trader may realize they need a plan of buy and sell rules because they trade based on what ‘feels good.’

Step 2 - Use Conservative Leverage

If you are in the market when the news is released, make sure you are implementing conservative amounts of leverage. We don’t know where the prices may go and during releases, prices tend to move fast. Therefore, de-emphasize the influence of each trade on your account equity by using low amounts of leverage.

Our Traits of Successful Traders research found that traders who implement less than ten times effective leverage tend to be more profitable on average.


3 - Don’t Deviate from the Strategy

If you have taken the time to think about a strategy from step number one and if you have realized the importance of being conservatively levered, then you are 90% of the way there! However, this last 10% can arguably be the most difficult. Whatever your plan is, stick to it!

If I put together a plan to lose 20 pounds of body weight that includes eating healthier and exercising, but I continue to eat high fat and sugar foods with limited exercise, then I am only setting myself up for frustration.

You don’t have to be stressed or frustrated through fundamental news releases.


 

LIMITLESS OPPORTUNITIES WITH METATRADER 5 AND MQL5

Table of Contents

  Introduction
  1. Trading System Conditions
  2. External Parameters
  3. Parameter Optimization
     3.1. First Set-Up Variant
        3.1.1. General Parameters and Rules
        3.1.2. Tester Settings
        3.1.3. Analysis of the Obtained Results
        3.1.4. BOOK REPORT Application for the Analysis of Optimization and Testing Results
        3.1.5. Money Management System
     3.2. Second Set-Up Variant
     3.3. Possible Set-Up Variants
  4. Testing in the Visualization Mode
  5. Interface and Controls
  6. Information Panels TRADE INFO and MONEY MANAGEMENT
  7. Trade Information Panel on the Left Side of the Chart
     7.1. PARAMETERS SYSTEM
     7.2. CLOCKS OF TRADING SESSIONS
     7.3. MANUAL TRADING
        7.3.1. BUY/SELL/REVERSE Section
        7.3.2. CLOSE POSITIONS Section
        7.3.3. SET PENDING ORDERS Section
        7.3.4. MODIFY ORDERS/POSITIONS Section
        7.3.5. DELETE PENDING ORDERS Section
     7.4. TRADING PERFORMANCE
     7.5. ACCOUNT/SYMBOLS INFO
 8. Additional Indicators to be Used by the EA
 Conclusion

 

  • PROFIT - Net profit at the end of testing;
  • TOTAL DEALS - The number of executed trades;
  • PROFIT FACTOR - The ratio of total winning to total losing trades;
  • EXPECTED PAYOFF - The mathematical expectation of winning;
  • EQUITY DD MAX REL% - Max. equity drawdown expressed as a percentage;
  • RECOVERY FACTOR - The ratio of net profit to max. balance drawdown expressed as a monetary value;
  • SHARPE RATIO -  The ratio of arithmetic mean return for the period of holding a position to standard deviation from it;
  • EQUITY DD -  Max. equity drawdown expressed as a monetary value;
  • EQUITY DD% - Equity drawdown expressed as a percentage recorded at the max. equity drawdown expressed as a monetary value;
  • EQUITY DD RELATIVE - Equity drawdown expressed as a monetary value recorded at the max. equity drawdown expressed as a percentage;
  • EQUITY MIN -  Min. equity;
  • BALANCE DD REL% - Max. balance drawdown expressed as a percentage;
  • BALANCE DD -  Max. balance drawdown expressed as a monetary value;
  • BALANCE DD% - Max. balance drawdown expressed as a percentage recorded at the max. balance drawdown expressed as a monetary value;
  • BALANCE RELATIVE - Balance drawdown expressed as a monetary value recorded at the max. balance drawdown expressed as a percentage;
  • BALANCE MIN -  Min. balance;
  • MIN MARGIN LEVEL - Min. margin level value reached;
  • GROSS LOSS -  Total loss, the sum of all loss (losing) trades;
  • GROSS PROFIT - Total profit, the sum of all profit (winning) trades;
  • CONLOSS MAX -  Max. loss in consecutive loss trades;
  • CONPROFIT MAX - Max. profit in consecutive profit trades;
  • MAX CONLOSSES - Total loss in the longest series of loss trades;
  • MAX CONWINS -  Total profit in the longest series of profit trades;
  • MAX LOSS TRADE - Max. loss - the greatest value among all loss trades;
  • MAX PROFIT TRADE - Max. profit - the greatest value among all profit trades;
  • TRADES -  The number of trades;
  • SHORT TRADES - Short trades;
  • LONG TRADES -  Long trades;
  • LOSS TRADES - Losing trades;
  • PROFIT TRADES - Winning trades;
  • PROFIT SHORT TRADES - Short profit trades;
  • PROFIT LONG TRADES - Long profit trades;
  • LOSS TRADES AVGCON - Average length of consecutive loss trades;
  • PROFIT TRADES AVGCON - Average length of consecutive profit trades;
  • CONLOSS MAX TRADES - The number of trades making the max. loss in consecutive loss trades;
  • CONPROFIT MAX TRADES - The number of trades making the max. profit in consecutive profit trades;
  • MAX CONLOSS TRADES - The number of trades in the longest series of loss trades;
  • MAX CONPROFIT TRADES - The number of trades in the longest series of profit trades;
    •  
    Good now mt5 also available for android isn't, whether all broker already using this platform and whether if account login for mt4 is different when login using mt5 I mean we can't using account for mt5 if we created based mt4
     

    Just some reminding about how to insert code to the post (for new users/newbies) - read here, and read whole the article: MQL5.community - User Memo 

     

    In English:
    official announcement about it - the thread
    details: post  

    In Russian:
    official announcement about it - the thread
    details: post

    ---------------------


    Forum on trading, automated trading systems and testing trading strategies

    How to search for low risk signal provider?

    Sergey Golubev, 2022.02.19 07:38

    Just some information about the Signal Service:

    This is the information about where to start to.

    Andthis is the preliminary information about how to become a signal provider:

    ------------------

    Forum on trading, automated trading systems and testing trading strategies

    need help

    MTalabay, 2018.11.14 03:56

    I moved my signal to the wrong account, could yall move it to the right one?

    Forum on trading, automated trading systems and testing trading strategies

    need help

    Eleni Anna Branou, 2018.11.14 07:54

    One signal subscription move per week is allowed.

    The discussion about criteria to select the signal for subscription - read this summary on post #151

    ------------------

    Forum on trading, automated trading systems and testing trading strategies

    Some question about Signals

    Sergey Golubev, 2016.12.30 20:14

    Just some information about the Signal Service:

    This is the information about where to start to.

    Forum on trading, automated trading systems and testing trading strategies

    Some question about Signals

    Sergey Golubev, 2016.12.30 20:14

    ...

    ------------

    From the rules -

    • Signals based on real accounts are available only by paid Subscription; signals based on demo accounts can be received only by free Subscription.
    • Signals based on cent accounts cannot have paid Subscription. Such Signals are available only in the MetaTrader terminal for free. A cent account is defined automatically. In case a Signal is defined incorrectly, the service Administration may assign this property to the Signal manually.

    ============

    How to host an automated trading robot on Metatrader (how to attach EA to the chart for trading)
    https://www.mql5.com/en/forum/238562#comment_7158340 - 

    Forum on trading, automated trading systems and testing trading strategies

    automated trading robot

    Eleni Anna Branou, 2018.04.19 11:43

    1. Open your MT4 platform.

    2. Open the chart of the instrument that you want to trade with (currency, stock, commodity or index).

    3. Copy the .ex4 file of your expert advisor (I believe this is what you call automated trading robot) and paste it in the: File >> Open Data Folder >> MQL4 >> Experts folder of your MT4 platform.



    4. Right click on the Refresh option of your Experts Advisors folder in the MT4 Navigator window.

    5. Click on the Experts Advisors folder, find the expert you've just inserted and drag it on the chart that you want to use it with.

    6. A window with the Expert Advisor's setting will be opened and there you can fill all the parameters of your "robot".

    7. Don't forget to tick the: Allow live trading in the Common tab of your Expert's settings.



    8. Close the settings window and if you want to begin trading with your Expert Advisor, click the: Auto Trading button of your MT4 platform.




    9. If you see a happy smiling face in the upper right corner of your chart, then you are OK.

    10. If you want to avoid internet and power outages, it is strongly recommended to use a VPS service for your automated trading.

    Forum on trading, automated trading systems and testing trading strategies

    Signal Subscriber Lot Size Question

    Sergey Golubev, 2017.02.02 07:42

    Besides, you can use Calculator of the Signals (to calculate everything 'automatically' based on any pre-selected signal for example).

    PS. Calculator of the Signals was updated: We can use the script (one script is for MT4, and the other one is for MT5) to check the limitation concerning "no symbol found" error (look at the item 13 of the FAQ here).
    Besides, this script is checking the trade restrictions for symbol incl the resiriction for no-forex mode.
    Look at the post #8 to read and to download.

    Trading signals for US citizens - 

    Forum on trading, automated trading systems and testing trading strategies

    Trading Signals questions - US citizens

    Eleni Anna Branou, 2018.06.05 08:44

    Only a few brokers accept US citizens and those who are, allow up to 1:50 leverage and apply the FIFO rule.

    If you copy a signal with larger leverage you will open smaller trades than the signal provider (smaller leverage decreases copy ratio) and also only a handful of signals obbey the FIFO rule.

    So all in all, yes you can copy MQL5 signals but you must choose carefully (as with all signals, I suppose).

    Forum on trading, automated trading systems and testing trading strategies

    MetaTrader 'Signal Tab' disappeared and Signals not being picked up from Provider

    Sergey Golubev, 2018.08.21 16:13

    Did you subscribe to the signal?
    If yes so - restart Metatrader, copy log file (the text) and place it here.

    -------------

    Example of log file - read this post in rus part of the forum here (log file will help because we can understand a lot of things reading this file).

    -------------

    Besides, there is one good thread where the forum users were trying to solve/to advice some issue (the issue was solved).
    You can read this thread with in-built translator which is located on the every post on the forum.
    The thread is here.

    Forum on trading, automated trading systems and testing trading strategies

    Cancel Signal

    Eleni Anna Branou, 2018.09.20 12:48

    Go to your signal page and click the delete option on the settings wheel on the far right side.


    ============

    share this signal for free with just a few people - read this thread


    Forum on trading, automated trading systems and testing trading strategies

    MQL5

    MetaQuotes Software Corp. 2019.07.26 16:01

    The operation of FortFS servers in the signal service is prohibited.

    There are no "non-optimized" programs. 

    How to subscribe to own signal:

    Forum on trading, automated trading systems and testing trading strategies

    How to subscribe my own signal to my other account

    Eleni Anna Branou, 2020.08.12 01:32

    Publish your signal as a public one with a high price and then subscribe to it with the same MQL5 account free of charge.


    automated trading robot
    automated trading robot
    • 2018.04.19
    • www.mql5.com
    i want to host an automated trading robot on my meta4 platform but i dont know how to do it...
    1...808182838485868788899091929394...142
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