Forum

Backup instance on same account

Hi Can somebody tell me what happens if I start two instances of MT4 from two different computers, BOTH operating on the same account? I want to run an EA on my PC and I want to run the same EA on the same account on another PC (as a backup in case one of the computers/connections crashes). It will

Insurance for losses?

Hi I came across this link: https://fxnet.efixonline.com/webpl/public/register.aspx?type=pta&lang=English&SID=37016 Can anyone tell me something about this? I understand that traders can sign an agreement with this broker for insuring their losses. It says: "You may pay a premium of 100 USD to 1,000

Monthly Average Equity Growth

Hi I would like to know how what's your monthly average equity growth (aprox). No matter if you are using EAs or trade manually. No matter what kind of money management are you using. I am doing this because I've heard a lot of traders saying that they are doing 2-3% monthly and they are very happy

Numeric SL vs. indicator exit signal

Hi I would like to hear your opinions regarding the use of stop loss on manual trading systems. Do you prefer to set a numeric value for the stop loss? Do you prefer using only the exit signal given by your trading system? What do you think about protecting yourself from losses by setting a SL at

Pivot System

Hello Please tell me what do you think about the following system. Any improving ideeas will be greatly appreciated. I have been using this system manually and it gives very good results. Please take a look at the chart attached. Basically, I open a position when the EMA3(Close) crosses the Pivot

I need MQL to MQL4 code transformation

Hello, Can somebody "translate" this code from MQL to MQL4 ? This is the MT3 indicator and I would like to use it on MT4. Please post the indicator here(the code or the mq4 file). Thank you. /*[[ Name := Inverse Fisher Transform of RSI Link := Separate Window := Yes First Color := Chartreuse First

Indicator bug - I Need Help

Hi, Can anyone take a look over this indicator and fix it? It contains the EasyLanguage code /* */, so for a programmer it won't be so hard. I tried to "translate" the code for MT4 myself but it doesn't work. I'm really bad at programming. I have seen this indicator on some charts and it's very

Squelch Control Indicator

Hi, I have the EasyLanguage code to implement the Squelch Control as a Paintbar and I need someone to write an indicator for MT4. This indicator was writen by John Ehlers. I think it's very useful. Inputs: Price((H+L)/2), Squelch(20); Vars: InPhase(0), Quadrature(0), Phase(0), DeltaPhase(0)