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Posts Tagged ‘MQL5’

MetaTrader 5 acts as a Signal Provider for MT4

November 15th, 2011 Comments off

MetaQuotes continues to impress us with new features in MetaTrader 5.  As with any major software upgrade, however, there will be a period of time where both MT4 and MT5 will exist and perhaps be supported concurrently by brokers.  One excellent way MetaQuotes has helped manage that overlap is a feature that permits MetaTrader 5 to act as a signal provider for MetaTrader 4 with a little coding in the MQL languages.  This article outlines the process, and it was found on the MQL5 Community website, MQL5.com.  All MT4 users and administrators should be sure to keep up with MT5 news as the platform is adopted by the world’s brokerages.

Source: www.cmaplic.com

MQL5 : Implementation of a simple CEP engine

August 1st, 2011 Comments off

This edition was harder to make than any of the previous editions. The late release of Strategy Tester and the large number of bugs that surged while making the CEP engine took a lot of time. From this moment, magazine issues will not be monthly anymore, because they will contain a lot of work and updates of past works. This is why, this time we are adding the Forum to the Magazine.

Now back to the CEP engine.

The CEP engine was some of the hardest stuff possible to write in MQL5. It was hard not only for me as programmer, but it had implications over MT5 as well, because the spaghetti data structure that it uses put MetaTrader to the test ; it needed a lot of bug filtering, especially on objects and memory allocations. The code managed to run with minor issues barely on build 270 (yes, already in May), and completely clean on build 271. It’s a long hard code, and I’ll chop it to pieces for commenting. I also left inline comments and Print lines intact to be better understood by readers. The algorithm is quite modified, not the same as the one presented in Anatomy of a Simple CEP Engine .

To View Full Article Click here.

Source: www.mqlmagazine.com

MQL5 Wizard makes development of Expert Advisors even easier

January 29th, 2011 Comments off

In late October 2010, as part of the MetaTrader 5 Client Terminal, the MQL5 Wizard was released. This wizard is designed for automatic generation of an Expert Advisor code. With MQL5 Wizard, knowledge of programming languages is no longer a prerequisite for creating trading robots. Earlier it really was an impassable obstacle to creation of trading strategies, but the release of the MQL5 Wizard changed the situation radically. With the new Wizard, the programming experience is not required – the application will do all the necessary work to create an Expert Advisor.

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The main advantage of the Wizard is its convenience. The program allows to significantly simplify the process of trading robots development, creating different Expert Advisor modules for you. All you need is set the required parameters and select the necessary components – and the MQL5 Wizard will do the rest. The creation of trading robots has never been so fast and simple. Only four clicks – and the Expert Advisor trading according to your strategy is ready!

Source: http://www.metaquotes.net/en/metatrader5/news/3650

20 The Most Important Signal in MQL5

November 30th, 2010 Comments off

The operators try to find regularity in the behavior of prices, trying to establish rules for its use have the opportunity to determine a profitable time to buy or sell. To create a fully automated forex trading, you need to learn how to report the time as the next – MQL5 trading signals. The subject of the article is how to program 20 The Most Important Signal in MQL5.

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Signal to inform dealers about the possible entry points position, but not all of them are forced to run. Additional criteria to further filter the signal, but it was significant to us. The theme of this article is how the 20 most popular programs MQL5 trading signal

20 Popular Signal Forex in MQL 5:

1. Intersection of Moving Averages Signal
2. Intersection of the Main and Signal Line of MACD
3. Breakthrough of the Price Channel Range Signal
4. Breakthrough of the Range of the ADX Adaptive Channel Signal
5. Exit from the Overbuying/Overselling Zones of Stochastic Signal
6. Exit from the Overbuying/Overselling Zones of RSI Signal
7. Exit from the Overbuying/Overselling Zones of CCI Signal
8. Exit from the Overbuying/Overselling Zones of Williams % Signal
9. Bounce from the Borders of the Bollinger Channel Signal
10. Bounce from the Borders of the Standard Deviation Channel Signal
11. Bounce from the Borders of the Price Channel Signal
12. Bounce from the Borders of the Envelopes Channel Signal
13. Breakthrough of the Donchian Channel Signal
14. Breakthrough of the Silver-Channel Signal
15. Breakthrough of the Gallagher Channel Signal
16. Change of Trend by NRTR Signal
17. Change of Trend by Alligator Signal
18. Change of Trend by AMA Signal
19. Change of Color of the Awesome Oscillator Signal
20. Change of Trend by Ichimoku Signal

Source: www.meta4valas.blogspot.com

MetaTrader 5 in LiteForex: a new demo server has been launched

July 29th, 2010 Comments off

LiteForex group of companies is pleased to announce the new demo server launch intended for testing Metatrader-5, the next-generation platform.

MetaTrader-5 trading platform has been developed for working in Forex and CFD markets which is a big advantage for traders interested in both stock and currency tools.

Trading possibilities of MetaTrader-5 have been considerably extended as compared with the previous version of the platform: a number of orders has been increased and functionality of analytical tools optimized. It’s based on MQL-5, the new version of the MQL programming language that provides better possibilities for writing trading scripts and experts.

LiteForex group of companies offers its clients to appreciate all the advantages of this new program product and test the beta-version of MetaTrader-5 when trading on a demo account. After having been tested, the new platform will be fully implemented to work by its developer MetaQuotes Software Corp and will gradually replace Metatrader – 4.

You can open a free demo account via MetaTrader – 5 platform that can be downloaded at http://www.liteforex.org/mt5_demo. Your existing demo account can be connected to MetaTrader-5 as well.

About the company:

The well known LiteForex trademark belongs to Straighthold Investment Group. Placing financial active assets on the Forex international currency market, on world Stock Markets, on precious metals and Futures markets as well as providing brokerage services are among the basic activity directions of LiteForex group of companies

LiteForex’s official website – www.liteforex.org