New MQL4 Course Starting Next Week
I’ll be starting the next set of classes on July 6th so if you want to learn how to code MQL4 from a professional developer then read on.
As part of my MQL4 training course students are given a video to accompany each lesson.
The video compliments the 30 min one on one weekly chat sessions with screen sharing and is a great way of solidifying what’s being taught. Students can actually look over my shoulder and see how I build EA’s. The course is designed for complete novices with little or no previous programming experience.
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Do You Have The Right Mindset to Be An EA Programmer?
So you want to start learning to program in MQL and begin writing you own EA’s. Well that’s great but before you start hitting the books and reading the tutorials ask yourself this question.
Do you have the right mindset to become a programmer?
Believe it or not most people aren’t naturally gifted with the right mindset to become a computer programmer. It’s a skill that takes time and determination but once acquired, and you can acquire it, it’s a skill that will serve you well not only when it comes to coding but in other aspects of your life too.
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FRWC Closed to New Members on March 5th
The point of the Forex Robot World Cup is to create a new standard in every sense, shape or form. And that includes protecting and serving our clients.
And NOT being mass marketers as other FX product vendors chose to do and completely disregard YOUR interests.
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Does The Perfect EA Really Exist? Maybe…
Does the perfect EA really exist?
It’s a question I’ve asked myself many times and I’m sure it’s crossed your mind too. The perfect EA is surely one that can adapt to the current market conditions, that knows when it’s ranging or trending and knows which strategy to employ at the right time to make maximum profits.
Wouldn’t that be a great thing to have? A robot that could adapt and morph according to what the market was offering and that would be able to extract the most amount of cash.
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Live Account Robots Generate Over 250%
If you’re as interested in automated trading as I am you’ve no doubt been following the Forex Robot World Cup.
Well the competition is over and the top 3 robots are available to the general public.
You also get the Fusion EA that produced a whopping 354% in 19 days of trading on a LIVE ACCOUNT.
The results were pretty impressive indeed with a combined return of 250% in ONLY TWO MONTHS!!
Check out the results here and get the EA’s for yourself.
Testing EA with Impressive Results
A few weeks ago a client of mine contacted me about a commercial EA he had been testing and was raving about how impressive the results were. He wanted me to check it out and see if I could figure out the strategy and algorithm it was using so that I could program something similar for him.
Well I got a copy of the EA and started running it on my VPS. I let it run for a few days before even checking it but when I did I was pretty impressed. It hadn’t taken too many trades but every one of them was a winner. Of course the first thing I thought was ‘oh no this is another martingale EA with no stoploss that will eventually blow your account’, so I looked a little closer at the trades.
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Trading Multiple Currencies from a Single Chart
I’ve been doing some programming recently that involved trading multiple currency pairs from a single EA. It’s pretty impressive to be able to bang your EA on a chart and see it initiate trades on a totally different pair.
Couple that with the fact you can trade as many or as few pairs as you want and perhaps you can start to see the power of such an EA. I had one monitoring 28 pairs at one time and it was able to open up trades successfully on ALL of them!
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Trailing Stop Using External Indicator (EXAMPLE)
Here’s another trailing stop EA I wrote that uses the iCustom function with an external indicator. In this case it’s the BAT ATR indicator but if you study the code and use the meta editor help file a little you should be able to edit it to use any indicator you want.
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Move Stop Loss and Take Profit With Ease!
Here’s a simple script that I use from time to time and find very useful.
If like me you tend to open up orders knowing where you want to set the stop loss and take profit but are too lazy or don’t have the time to work out the correct price then this script is for you. Once installed the script will allow you to adjust the stop loss and take profit of any order associated to the active charts currency pair instantly. And the great news is it works on 4 or 5 digit brokers so you should be covered.
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Trail Orders With An MA
I’ve coded a simple EA that will trail an open order according to an MA. It’s really simple to use and works like a charm. Makes the task of order trailing a breeze. All you need to do is place your order as normal then set the properties of the EA. Be sure to set the TF variable to the time frame you want to use. This is just an added safety feature so that changing from time frame to time frame won’t trigger different trailing stops.
I’ve provided this to readers of my blog as a special thank you so I hope you enjoy it and it makes your trading even more profitable.
Good luck!
Steve