How to open account with brokers - Metatrader 5
Forum on trading, automated trading systems and testing trading strategies
doshur, 2014.03.07 04:46
last use as in? when I used globalvariableget as considered as last use?
newdigital, 2013.07.05 13:41
If you new to forex and/or Metatrader 5 so you can start with this thread : How to Start with MT5, a summary !
As to templates and systems so you can see :
How To Create Your Own Manual Trading Signal System Based On Indicators From MT5 CodeBase - Instruction For Non-Programmers
PriceChannel Parabolic systemPriceChannel Parabolic system basic edition
Market Condition Evaluation
story/thread was started from here/different thread
more to follow ...
newdigital, 2014.03.07 09:08
Who Can Trade a Scalping Strategy? (based on dailyfx article)
The term scalping elicits different preconceived connotations to
different traders. Despite what you may already think, scalping can be a
viable short term trading methodology for anyone. So today we will look
at what exactly is scalping, and who can be successful with a scalping
What is a Scalper?
So you’re interested in scalping? A Forex scalper is considered anyone
that takes one or more positions throughout a trading day. Normally
these positions are based around short term market fluctuations as price
gathers momentum during a particular trading session. Scalpers look to
enter the market, and preferably exit positions prior to the market
Normally scalpers employ technical trading strategies utilizing short
term support and resistance levels for entries. While normally
fundamentals don’t factor into a scalpers trading plan, it is important
to keep an eye on the economic calendar to see when news may increase
the market’s volatility.
High Frequency Trading
There is a strong misconception that all scalpers are high frequency
traders. So how many trades a day does it take to be considered a
scalper? Even though high frequency traders ARE scalpers, in order for
you to qualify as a scalper you only need to take 1 position a day! That
is one of the benefits of scalping. You can trade as much or as little
as you like within a giving trading period.
This also falls in line with one of the benefits of the Forex market.
Due to the 24Hr trading structure of Forex, you can scalp the market at
your convenience. Take advantage of the quiet Asia trading session, or
the volatile New York – London overlap. Trade as much or as little as
you like. As a scalper the choice is ultimately yours to make!
There are always risks associated with trading. Whether you are a short
term, long term, or any kind of trader in between any time you open a
position you should work on managing your risk. This is especially true
for scalpers. If the market moves against you suddenly due to news or
another factor, you need to have a plan of action for limiting your
There are other misconceptions that scalpers are very aggressive traders
prone to large losses. One way to help combat this is to make scalping a
mechanical process. This means that all of your decisions regarding
entries, exits, trade size, leverage and other factors should be written
down and finalized before approaching the charts. Most scalpers look to
risk 1% or even less of their account balance on any one position
Who can Scalp?
So this brings us to the final question. Who can be a scalper? The
answer is anyone with the dedication to develop a trading strategy and
the time to implement that strategy on any given trading day.
GoMarkets broker, initial deposit is 1,000
Alpari UK broker initial deposit is 1,000
RoboForex broker initial deposit is 1,000
How to Prepare MetaTrader 5 Quotes for Other Applications
Before I started studying MQL5, I tried many other applications for
development of trading systems. I can't say that I wasted my time. Some
of them contain a few useful tools allowing users to save time, deal
with many issues, destroy some myths and quickly select some further
direction for development without the knowledge of programming
These applications need historical data. Due to the absence of some
certain standard data format, they often had to be edited before they
could be used (for example, in Excel) to comply with the format
applicable to the necessary program. Even if you are able to figure out
all necessary details, many things should still be done manually. Users
can find different versions of scripts designed to copy the quotes from
MetaTrader 4 to the necessary format. If there is such a demand, we can
also develop the version of the script for MQL5.
1. Covered Topics
2. Data Format
3. Program's External Parameters
4. Checking Parameters Entered by a User
5. Global Variables
6. Information Panel
7. Application's Main Block
8. Creating Folders and Filing the Data
Using All CPU Cores
Trader2381, 2014.03.07 10:57
waltergibson, 2014.03.07 12:46
If you run only one settings, 1 core will be used.
If you run optimization, all cores will be used.
Grid Based EA
newdigital, 2014.03.09 09:23
MT5 CodeBase (grid related tools - free to download):
Can you change the ratio in which a signal is subscribed to?
angevoyageur, 2014.02.04 13:31
You have only 2 ways to act on the calculated ratio :
How to Buy a Trading Robot in MetaTrader AppStore?
Now you also can use trading robots and any technical indicators with MetaTrader 5. All you need to do is to launch MetaTrader 5 trading terminal and open Market tab of Toolbox window.
Have you made your choice? Now, it is time to make a purchase. That is also simple enough:
Transparent MetaTrader 5
The script allows to set transparency level of the client terminal window using Windows API