the forward test is usually best performed on a dedicated vpn for mt4 ea (expert advisors) which is often provided free by most fx brokers.
Com?sexperthow can we create an expert advisor with mql4 and metatrader4? We use the metaeditor to create an ea in 3 minutes in this v.
go read the mt4 ea course intro now, ill wait! Looking for a video course instead? Then head over to my mt4 expert advisor video course to learn how to harness the power of metatrader 4 expert advisors and automate your trading strategies in no time.
What we do in this mql4 tutorial we want to learn how to program an expert advisor which trade the 3 white soldiers. Its a simple strategy where the ea opens a buy trade when the last 3 candles were bullish.
It was written earlier that this expert advisor is intended for operation only with one market order opened for a security, to which window the ea is attached. To the moment when control in the program is passed to the order closing block it is known for sure that at the current moment there are either no orders for the security, or there is only one market order.
once you have your trading strategy down on paper and you are aware of the principles that go into coding your first expert advisor, its time to start writing the code. Once metatrader4 is installed and open, bring up the metaeditor (f4) and create a new ea from scratch.
I have a strategy where i need the ea to open buy stop and sell stop pending orders immediately. When one pending order is triggered, i will need the ea to open another pending order. When take profit is hit, i would like the ea to close all orders and start again immediately.
mt4 resources found by typing ea tutorial into the search box on the top of your page. Try this next time for questions before starting a new thread please. If this isnt what you were looking for, the search box is still a good place to start looking.
Now, a trader can implement his or her ideas as an application program - write a custom indicator, a script to perform single operations, or create an expert advisor - an automated trading system (trading robot).
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