MT4 New Build 600 (how to upgrade to build 600) - suggestion of Christina Li
You are off topic, this forum is mql5, this thread is: How to Start with Metatrader 5 - please post to the mql4 forumPlease take your own advice
Forum on trading, automated trading systems and testing trading strategies
any good method for ex4 to not be decompiled ?
newdigital, 2014.02.09 09:46
This is mql5 forum sorry. The forum about mql4 is this one
As to mql5 code so read this article: Securing MQL5 code: Password Protection,
Key Generators, Time-limits, Remote Licenses and Advanced EA License Key
Did you see the banner on the top of the page? We all are inside one portal. And this is key news (about 'how to upgrade to build 600 in easy going way'). Example:
Of course, if mql4.com coders (who are making money by Signals and in the Market) decide to create/to upload similar video to help english speaking users to mql4.com - please let me know by mql4.com link, and I will delete this "my video" by myself and will use their video by link.
But untill now - I was reading many questions everywhere about upgrading to 600 with a lot of discussion on many forums. And this video is only one I found which is explaining about HowTo in very flexible way. Majority of the traders are not reading anything ... they are asking ... and asking everywhere so this video are helping.
I wanted to create such the video by myself but my russian pronunciation ... you understand ... so - we have what we have sorry.
Internet Browser Requirements
Alexx, 2013.01.17 10:51
Do you have Service Pack 3 installed? Internet Explorer 8 can be installed on Windows XP. Try to install all the available updates for the system first.
Internet Explorer 8 or higher is required for the Market to work in MetaTrader terminal
Alexx, 2013.01.18 09:06
Internet Explorer is a system component, even if you uninstall it will not be removed completely, you'll just be unable to start its executable file (and some other things). Its core files used by OS and other applications will stay. You can read more here.
newdigital, 2014.02.13 15:46
3 Types of Forex Analysis (based on dailyfx article)
Forex fundamental centers mostly around the currency’s interest rate.
Other fundamental factors are included such as Gross Domestic Product,
inflation, manufacturing, economic growth activity. However, whether
those other fundamental releases are good or bad is of less importance
than how those releases affect that country’s interest rate.
As you review the fundamental releases, keep in mind how it might affect
the future movement of the interest rates. When investors are in a risk
seeking mode, money follows yield and higher rates could mean more
investment. When investors are in a risk adverse mentality, then money
leaves yield for safe haven currencies.
Forex technical analysis involves looking at patterns in price history
to determine the higher probability time and place to enter and exit a
trade. As a result, forex technical analysis is one of the most widely
used types of analysis.
Since FX is one of the largest and most liquid markets, the movements on
a chart from the price action generally gives clues about hidden levels
of supply and demand. Other patterned behavior such as which currencies
are trending the strongest can be obtained by reviewing the price
Other technical studies can be conducted through the use of indicators.
Many traders prefer using indicators because the signals are easy to
read and it makes forex trading simple.
Forex sentiment is another widely popular form of analysis. When you see
sentiment overwhelmingly positioned to one direction that means the
vast majority of traders are already committed to that position.
Since we know there is a large pool of traders who have already BOUGHT,
then these buyers become a future supply of sellers. We know that
because eventually, they are going to want to close out the trade. That
makes the EUR to USD vulnerable to a sharp pull back if these buyers
turn around and sell to close out there trades.
newdigital, 2014.02.15 06:58
Trader Styles and Flavors (based on dailyfx article)
Technical vs. Fundamental
Technical analysis is the art of studying past price behavior and
attempting to anticipate price moves in the future. These are traders
that focus solely on price charts and often times incorporate indicators
and tools to assist them. They look at price action, support and
resistance levels, and chart patterns to create trading strategies that
hopefully will turn a profit.
Fundamental analysis looks at the underlying economic conditions
of each currency. Traders will turn to the Economic Calendar and Central
Bank Announcements. They attempt to predict where price might be headed
based on interest rates, jobless claims, treasury yields and more. This
can be done by looking at patterns in past economic news releases or by
understanding a country’s economic situation.
Short-Term vs. Medium-Term vs. Long-Term
Deciding what time frame we should use is mostly decided by how much
time you have to devote to the market on a day-to-day basis. The more
time you have each day to trade, the smaller the time frame you could
trade, but the choice is ultimately yours.
Short-Term trading generally means placing trades with the intention of closing out the position within the same day, also referred to as
“Day Trading” or “Scalping” if trades are opened and closed very
rapidly. Due to the speed at which trades are opened and closed,
short-term traders use small time-frame charts (Hourly, 30min, 15min,
Medium-Term trades or “Swing Trades” typically are left open for a
few hours up to a few days. Common time frames used for this type of
trading are Daily, 4-hour and hourly charts.
Long-Term trading involves keeping trades open for days, weeks,
months and possibly years. Weekly and Daily charts are popular choices
for long term traders. If you are a part-time trader, it might be
suitable to begin by trading long term trades that require less of your
Discretionary vs. Automated
Discretionary trading means a trader is opening and closing
trades by using their own discretion. They can use any of the trading
styles listed above to create a strategy and then implement that
strategy by placing each individual trade.
The first challenge is creating a winning strategy to follow, but the
second (and possibly more difficult) challenge is diligently following
the strategy through thick and thin. The psychology of trading can wreak
havoc on an otherwise profitable strategy if you break your own rules
during crunch time.
Automated trading or algorithmic trading requires the same time
and dedication to create a trading strategy as a discretionary trader,
but then the trader automates the actual trading process. In other
words, computer software opens and closes the trades on its own without
needing the trader’s assistance. This has three main benefits. First, it
saves the trader quite a bit of time since they no longer have to
monitor the market as closely to input trades. Second, it takes the
emotions out of trading by letting a computer open and close trades on
your behalf. This means you are following your strategy to the letter
and are not able to deviate. And third, automated strategies can trade
24 hours a day, 5 days a week giving your account the ability to take
advantage of any opportunity that comes its way no matter the time of
I am planning to start technical analysis using digital filters (because I made it during the many years and I like digital filters a lot) so it is just an article to start about :
How to Start with Metatrader 5
RaptorUK, 2013.07.24 10:18
How to post code on this forum . . .
newdigital, 2013.07.24 10:00
I just want to remind about how to insert the images to the post - read this small article
MQL5.community - User Memo :
All your texts in Forum, Articles and Code Base are edited in a single environment with a convenient and easy-to-use interface. Let us take a look at its capabilities.
The drop-down list where you can select one of the three
languages in which your message will be automatically translated by
the Google Translate service.
The button (Ctrl+Alt+L) is used for adding links into messages. The Link window appears as soon as you click this button (shown next).
In the Link field, you should specify the address of the link and then click the Insert button.
The button (Ctrl+Alt+I) is used for inserting pictures into messages. The Image window appears as soon as you click the button (shown next).
In the Upload image field, you should specify the picture file. To do it, click the Browse button that opens the standard window to choose files. Select the necessary file and click the Insert button to confirm the choice, or click the Cancel button to end without uploading a file. In the Title field, you can specify the comment that will be displayed as a pop-up help if you move the mouse cursor over the picture.
In HTML mode, it is prohibited to insert external links
to images (HTML tag "src"). It is also prohibited to insert text,
containing such images.
When you try to save text that contains external links to
images, such links will be automatically deleted. This is done to
ensure safety of MQL5.community members.