Category - MT4 Programming

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How to convert MT4 Expert Advisor into MT5 format in 2017
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Can Your Trading Strategy Be Coded Into MT4 Expert Advisor?
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Automating the Way you Trade by Programming a Forex Robot
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Compulsory Elements of a Forex Trading Strategy
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Expert Advisor error message codes on chart
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Custom Programming Policy for MT4 Apps by Rimantas
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Offline Charts for Metatrader 4

Automating the Way you Trade by Programming a Forex Robot

MetaTrader is the widely-used trading platform developed by MetaQuotes Software Corporation. It is a charting application designed for online trading for financial markets such as Stocks, Foreign Exchange, Futures, and more, but mostly it is offered by Forex brokers and used for Forex trading. To date, the two available versions of the platform are MetaTrader4 (MT4) and MetaTrader5 (MT5). MetaTrader became extremely popular because of its extendibility and has large catalog of default trading tools/indicators such as Bollinger Bands, CCI, MACD, Moving Averages, Stochastic Oscillator, etc. Traders at any level, from beginners to experts, can download the platform for free.  MT4/MT5 have an exceptional capability to support Scripts, Custom Indicators and automated trading systems or Expert Advisors (EAs).

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Compulsory Elements of a Forex Trading Strategy

If real estate worldwide known slogan is “Location, location, location”, financial markets slogan should be “Strategy, strategy and strategy execution”.

No matter how you choose to trade, manually or automated, a winning strategy is vital. Trading without a clear set-up will lead sooner or later, but most of the times sooner, to financial losses. Even if your preference is to execute your trades based on expert advisors, you still have to use a strategy and be aware of the parameters that rule behind these automated applications. There are other options, of course, like buying a trading system and use it blindly, but is an “opportunity “ I don’t consider  reasonable for the simple motive, that finally this choice will cost you much more than you are willing to pay and for sure your benefices will convert into losses.

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Offline Charts for Metatrader 4

Trading Forex is an increasingly popular choice these days, especially with the amount of information and advice available, and if you are reading this you will already be familiar with the subject. We are here to talk about Metatrader 4, and the various offline charts that can be used in conjunction with this excellent trading platform. As the most popular trading platform of all, Metatrader has become the staple choice for Forex traders, so let’s have a look at the various offline charts that the system utilizes.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.