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Hi I was wondering if I a trailing stop set at 15 pips, as then a trade moved into 15pips profit this would then set the stop loss to 0 pips. If then the profit moved up to 16pips, will the stop then change to +1pips stop loss, or would it have to move 30pips in profit before changing to +15pips...
New article MQL5 Wizard: How to Create a Module of Trading Signals is published at mql5.com: The article discusses how to write your own class of trading signals with the implementation of signals on the crossing of the price and the moving average, and how to include it to the generator of trading...
New article MQL5 Wizard: Creating Expert Advisors without Programming is published at mql5.com: Do you want to try out a trading strategy while wasting no time for programming? In MQL5 Wizard you can simply select the type of trading signals, add modules of trailing positions and money management -...
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Dear all I am new to MQL4 and have problem in writing my code (detail is shown below). What I want it to do is, when the condition is fulfilled, an arrow should be shown on the specific bar of the chart. #property indicator_chart_window #property indicator_buffers 4 #property indicator_color1 Blue...
Hi, can anyone recomend a book about trading, but without indicators, Interested in Trend-Lines, Support And Resistance, Fibonacci, There is an ebook called "Forex Trendline Strategy" by Kevin Lee, but I cant find any reviews that are worth consideration, all I read is that there is a low return...
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I have just installed Fap Turbo onto MetaTrader 4, attached it to a chart, and configured its settings. However, when I try to run it the MetaTrader Platform gives off an error saying: "Use scalper system only on EURCHF, EURGPB, GBPCHF or USDCAD M15." FapTurbo Error I don't unerstand what it's
I have been trying to make an indicator that uses 4 MA lines to calculate direction then uses that direction to decide which of three buffers to use for drawing a macd histogram, so the end result I was looking for would be a macd histogram with three colours, I looked at the code for the awesome...
Im writing my first EA 1. I want only 1 trade running at a given moment how can i make sure this happanes ?? if a trade is reaching either T.P or S.L it loses its ticket and its value becomes -1 ? 2. I want to set a some variable once a trade has reached S.L orderselect(ticket...
Hi, I'm developing a scalper and low execution latency is very important for me when trade is executed. The problem is that MT4 has a one TCP/IP connection for price feed, that is always connected. However the connection to the server for executing BUY/SELL commands is connected on first use bases
Can someone point me in the right direction for this indicator? I am looking for the ones developed by mladen. They were referenced in a thread by James the Giant, but he has been banned and I can't view his posts anymore. The mladen indicator I'm looking for has the ability to show three separate...
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The standard ATR indicator only displays 4 decimal places. It appears to be rounding up. I need to display 5 decimal places. I tried modifying using NormalizeDouble (see below) but that does not work. How can I get 5 decimals with the ATR indicator?...
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Hi all Could any body help me to let the time zone work in this indicator its in the program but when i activate it it wont work thanx in advance
Dear all Can anyone tell me how to change the starting time of a 4hr canddle in MT4? In fact, starting time of 4hr chart in MT4 is different from my broker account, so the indicators in MT4 can't match those in my broker account. Anyone faced this problem before? Also, there is a scripts in MT4
Hi, I want to write an EA which checks my order conditions only at the open time of the actual bar = one time at each bar. How can I do this? if(iTime(NULL,0,0) == TimeCurrent()) doesn't work. Thank you
I wrote an EA that trades on trendlines. It does this by reading price values from actual trendline objects. These objects are drawn to the chart automatically by an indicator I also wrote. The trendline indicator, uses metaquotes' "ZigZag" indicator to identify swing highs/lows and uses those...
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i need help with simple programming which playsound when bid or ask stop moving for certain period, ex 3 minute can any1 here help me please? here is my coding, still newbie in coding, so i dont know how to get it run extern int minute = 3; extern int distance = 0; int start(){ if (minute==3)
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static double UpperRoundNumber, LowerRoundNumber; for(int RoundUp = 1;RoundUp <5000;RoundUp++) { if(Digits ==5) { UpperRoundNumber=Bid+RoundUp*10*Point; UpperRoundNumber=UpperRoundNumber*100000; } if(MathMod(UpperRoundNu...
The thread is purely experimental. I understand that the chance of finding an adequate sponsor/investor is zero... However, I need it, if only for posterity or (and) a book, such as "Forex, the way of "zero" to "six zeros", or maybe a pessimistic title:) Frankly, I'm "parallel" to possible jokes, I
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Hi, Is there anybody trading with MACD on demo/live account? I am trying to optimize the parameters to have a stable system wiht low drawdown. Right now I use the following parameters: EMA (5,7,34) SL=40 TP 80, Trailing stop= 50. I trade EUR/USD on M15 chart. I definitelly need to undertake more...
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Anybody have Better Volume Indicator ? If so, can you send it to me. TY
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Hello, I'm trying to optimize the MACD EA code, which I attached to this message. It has a great potential to create a good profit, but it desperately needs to add StopLoss. There is just a trailing stop, and as a result, huge losses come...I didn't succeed in my attempt to add stoploss, the thing
Hi guys, In response to an earlier thread I opened, I am having significant issues in determining how to execute a function per one bar of the chosen periodicity. That is, in the EA backtester in MT4, if i select Period: H1, I wish to essentially recieve an 'interrupt' every time a bar of period 1H...
New article Fallacies, Part 1: Money Management is Secondary and Not Very Important is published: The first demonstration of testing results of a strategy based on 0.1lot is becoming a standard de facto in the Forum. Having received "notso bad" from professionals, a beginner sees that "0.1" testing...
i have a trading strategy how do i write a ea using the settings and indicators and money management system? the indicators is SAR, MACD, STOCH and a few others
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Hi Guys, 1- Can somebody add the code to have the option for alert on current(pop up message only once per current candle) and close candle(only once per close candle)?? Thank very much in advance //+------------------------------------------------------------------+//|...
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I was trying to learn MT4, I wanted to see how to implement one of my favorite strategies: closing gaps. So I went hunting for scripts which would be identifying gaps and found this link: https://www.forex-tsd.com/14464-post8.html When I open these files it opens some kind of editor in MT4, but I...
New article Creating an Indicator with Multiple Indicator Buffers for Newbies is published at mql5.com: The complex codes consist of a set of simple codes. If you are familiar with them, it doesn't look so complicated. In this article, we will consider how to create an indicator with multiple...
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I need a 4 Hour Candlestick to initiate at 5:00 PM Eastern Time which is equivalent to 10:00 PM GMT. Is there a way to set this up in Meta Trader 4? Thanks.
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I am new to MT$ and I can not add new code. I am very interested in adding the "better volume Indicator ", Can anybody help me. TY

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