EXPERT ADVISORS :: AUTOMATED TRADE SYSTEMS EAs :: ROBOTS ::
This software (Metatrader4 Expert Advisors) can HELP you to make hight profit on Forex, if you give a little of your attention to this most interesting theme. For functioning the expert advisors is required that on computer was installed and uncared-for MetaTrader 4 , expert advisors was attached to Chart and were enclosed all necessary options, allowing actions of the expert advisors. In operation expert advisors computer must have a constant connection to trade server.
MetaTrader is one free, powerful, customizable Forex trading platform that supports custom Expert Advisors. With MQL4, you can create your own custom indicators, with your own scripts and libraries. MetaTrader Expert advisor is a MetaTrader 4 add on, which automates the trading process based on your settings. An expert advisor for MetaTrader automates opening and closing of trades. You can set more than one Expert Advisor for MetaTrader and each EA can be set to book profits at assigned points. If the currency shows negative trend, MT opens another trade to book profits at assigned margins and buffers the loss from the first trade. MetaTrader expert advisor is only a tool that you can use to automate your Forex trading strategies. In other words, MetaTrader 4 Expert Advisor allows you to script your strategies and attach it to the MetaTrader platform. Thus, the software implements the strategy that you have taught the system, without the need of your interference. With MetaTrader Expert Advisor , it is just like you doing the real business. Only difference is, your Forex trading strategy is put into an autopilot.
The principles of MQL4-programs development are shown on sample of creating a simple Expert Advisor system based on the standard MACD indicator. In this Expert Advisor, we will also see examples of implementing such features as setting take profit levels with the support of trailing stop as well as the most means ensuring safe work. In our example, trading is done through opening and managing a single position.
Trading principles:
Long (BUY) entry – MACD indicator is below zero, goes upwards and is crossed by the Signal Line going downwards.
Short (SELL) entry – MACD indicator is above zero, goes downwards and is crossed by the Signal Line going upwards.
Long exit – by execution of the take profit limit, by execution of the trailing stop or when MACD crosses its Signal Line (MACD is above zero, goes downwards and is crossed by the Signal Line going upwards).
Short exit – by execution of the take profit limit, by execution of the trailing stop or when MACD crosses its Signal Line (MACD is below zero, goes upwards and is crossed by the Signal Line going downwards).
Important notice: to exclude insignificant changes of the MACD indicator (small 'hillocks' on the chart) from our analysis, we introduce an additional measure of controlling the size of the plotted 'hillocks' as follows: the indicator size should be at least 5 units of the minimum price (5*Point, which for USD/CHF = 0.0005 and for USD/JPY = 0.05).
Step 1 – Writing the Expert Advisor description
Point the mouse cursor at the Expert Advisors section of the Navigator window, press the right button of the mouse, and select "Create a new Expert" command in the appearing menu. The Initializing Wisard of the Expert Advisor will ask you for entering certain data. In the appearing window, write the name (Name) of the Expert Advisor - MACD Sample, the author (Author) - indicate your name, the link (Link) - a link to your website, in the notes (Notes) - Test example of an MACD-based Expert Advisor.
Step 2 – Creating the primary structure of the programme
Source code of the test Expert Advisor will only occupy several pages, but even such volume is often difficult to grasp, especially regarding that we are not professional programmers - otherwise, we would not need this description at all, would we? :)
Thursday, November 22, 2007
Broker
About Interbank FX
Interbank FX Offices Interbank FX is a retail foreign exchange broker whose pioneering efforts have created a unique forex trading environment. We believe that our long-term success is closely tied to the success of our customers. We provide:
• A Sophisticated Charting Program At No Charge
• Real-Time News At No Charge
• Phone, Online and Email Customer Support At No Charge For Customers, Even Those With Demo Accounts
• Extensive Educational Resources at No Additional Charge
We have seen annual revenue growth of over 430 percent during the past four years. The company does business in over 135 countries and has a trading volume in excess of $60 billion per month.
Founded in 2001, Interbank FX operates according to industry standards and is a registered Futures Commission Merchant (FCM) regulated by the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA).
We currently have more than 17,000 customers worldwide and are committed to maintaining the highest standard of service, allowing our customers to focus on trading opportunities in the forex market, while helping them control their margin and liquidity risk.
The company never uses high-pressure sales tactics or promises its customers easy money trading foreign exchange. We encourage prospective customers to open demo accounts and practice trading without risking any money.
We never pressure anyone to move from a demo account to a real account. When customers are ready to trade real money, we recommend that they begin with a small Mini-Account, which can be started for as little as $250. Therefore, the risk of loss is limited while they become familiar with the forex market, as forex traders have the potential to quickly lose their initial deposit as a result of the leverage.
Interbank FX
3165 Millrock Drive
STE 200
Salt Lake City, UT 84121-4732
Driving Directions (printer friendly)
Toll Free US: 866.468.3739
International: +1.801.930.6800
Fax: 212.884.0609
Why Trade Forex With Us
Interbank FX gives you the ability to trade Off-Exchange Retail Foreign Currency (forex). We provide you with the tools you need to compete in today's Forex market.
With Interbank FX You Get
Professional Charting Professional Charting
No Dealing Desk No Dealing Desk
2 Pip Euro* 2 Pip Euro*
Standard, Mini & Micro Lots
Full Hedging & Trailing Stops
Real Time News
Interbank FX Offices Interbank FX is a retail foreign exchange broker whose pioneering efforts have created a unique forex trading environment. We believe that our long-term success is closely tied to the success of our customers. We provide:
• A Sophisticated Charting Program At No Charge
• Real-Time News At No Charge
• Phone, Online and Email Customer Support At No Charge For Customers, Even Those With Demo Accounts
• Extensive Educational Resources at No Additional Charge
We have seen annual revenue growth of over 430 percent during the past four years. The company does business in over 135 countries and has a trading volume in excess of $60 billion per month.
Founded in 2001, Interbank FX operates according to industry standards and is a registered Futures Commission Merchant (FCM) regulated by the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA).
We currently have more than 17,000 customers worldwide and are committed to maintaining the highest standard of service, allowing our customers to focus on trading opportunities in the forex market, while helping them control their margin and liquidity risk.
The company never uses high-pressure sales tactics or promises its customers easy money trading foreign exchange. We encourage prospective customers to open demo accounts and practice trading without risking any money.
We never pressure anyone to move from a demo account to a real account. When customers are ready to trade real money, we recommend that they begin with a small Mini-Account, which can be started for as little as $250. Therefore, the risk of loss is limited while they become familiar with the forex market, as forex traders have the potential to quickly lose their initial deposit as a result of the leverage.
Interbank FX
3165 Millrock Drive
STE 200
Salt Lake City, UT 84121-4732
Driving Directions (printer friendly)
Toll Free US: 866.468.3739
International: +1.801.930.6800
Fax: 212.884.0609
Why Trade Forex With Us
Interbank FX gives you the ability to trade Off-Exchange Retail Foreign Currency (forex). We provide you with the tools you need to compete in today's Forex market.
With Interbank FX You Get
Professional Charting Professional Charting
No Dealing Desk No Dealing Desk
2 Pip Euro* 2 Pip Euro*
Standard, Mini & Micro Lots
Full Hedging & Trailing Stops
Real Time News
Wednesday, August 22, 2007
Indicator
Indicator
Here I will share with you one of the power indicator. You can try it.
I call it ''The Tlatomi Method'' tlatomi means ''to win money''
First you must make a setting:
SETUP
1 - 4 Hour chart (This system works best with GBP/USD, GBP/JPY)
2 - NonLagMa_v4
● Filter=20
● Color=1
● ColorBarBack=0
SHI_SilverTrendSig
● Allbars=0
● Otstup=30
● Per=9.0
● Don't forget to change the colors also (0=blue-1=red)
FX Sniper's Ergodic_CCI_Trigger
● pq=4
● pr=8
● ps=5
● trigger=4
Entry
Enter long when :
1 – a blue dot appears
2 – the ergodic CCI crosses up the trigger line ( blue line crosses up the red one )
3 – NonLagMa color changes to yellow
Enter short when :
1 – a red dot appears
2 – the ergodic CCI crosses down the trigger line ( red line crosses down the blue one )
3 – NonLagMa color changes to yellow
Exit
Exit when a new dot appears (red if you are long and blue if you are short). This method gives you
mecanicals trades. Don't hesitate to transform them into a discretionnay trade after because you can see
things that the system can't. Sometimes, it will be the difference between a 30 pips trade and a 300 pips
trade. Once you move your stop to breakeven and add a trailing stop – you can't wait alittle more time
to see what the market wants to give you.
Stop
In general, I look for previous daily Resistance-Support but I don't have only one method for my stops.
You can also looks for the high or low of the previous bar.
Remarks
Price enter :
The price enter is the open price of the candle or bars where the NonLagMa is yellow.
Ergodic_CCI :
The signal is stronger when the FX Sniper's Ergodic_CCI_Trigge is above 300 or under -300.
NonLagMa :
''The non-lag MA does turn yellow/non yellow while the current candle/bar is still forming ... so i
wouldn't enter a trade until the end of the current candle confirms that the yellow section doesn't switch
back to a non signal. So remember wait till the candle is fully formed until entering a potential
trade!!!!'' Matrung (FF member).
What's matrung says is right but it's depend if you are agressive or conservative ! If you are agressive,
you can go when the non lag show for the first time a yellow line but if you are more conservative, like
matrung said, wait for the candle to be fully formed.
To be more conservative means less profit but also more safety.
The order :
I don't take a trade when the cross happens before the dot or when the cross happens after the nonlag.
So, i wait for a dot then for the cross and then for the nonlag.
It doesn't matter if the cross and the nonlag happen at the same time but like i said earlier, the cross
should never happen after the nonlag.
Here I will share with you one of the power indicator. You can try it.
I call it ''The Tlatomi Method'' tlatomi means ''to win money''
First you must make a setting:
SETUP
1 - 4 Hour chart (This system works best with GBP/USD, GBP/JPY)
2 - NonLagMa_v4
● Filter=20
● Color=1
● ColorBarBack=0
SHI_SilverTrendSig
● Allbars=0
● Otstup=30
● Per=9.0
● Don't forget to change the colors also (0=blue-1=red)
FX Sniper's Ergodic_CCI_Trigger
● pq=4
● pr=8
● ps=5
● trigger=4
Entry
Enter long when :
1 – a blue dot appears
2 – the ergodic CCI crosses up the trigger line ( blue line crosses up the red one )
3 – NonLagMa color changes to yellow
Enter short when :
1 – a red dot appears
2 – the ergodic CCI crosses down the trigger line ( red line crosses down the blue one )
3 – NonLagMa color changes to yellow
Exit
Exit when a new dot appears (red if you are long and blue if you are short). This method gives you
mecanicals trades. Don't hesitate to transform them into a discretionnay trade after because you can see
things that the system can't. Sometimes, it will be the difference between a 30 pips trade and a 300 pips
trade. Once you move your stop to breakeven and add a trailing stop – you can't wait alittle more time
to see what the market wants to give you.
Stop
In general, I look for previous daily Resistance-Support but I don't have only one method for my stops.
You can also looks for the high or low of the previous bar.
Remarks
Price enter :
The price enter is the open price of the candle or bars where the NonLagMa is yellow.
Ergodic_CCI :
The signal is stronger when the FX Sniper's Ergodic_CCI_Trigge is above 300 or under -300.
NonLagMa :
''The non-lag MA does turn yellow/non yellow while the current candle/bar is still forming ... so i
wouldn't enter a trade until the end of the current candle confirms that the yellow section doesn't switch
back to a non signal. So remember wait till the candle is fully formed until entering a potential
trade!!!!'' Matrung (FF member).
What's matrung says is right but it's depend if you are agressive or conservative ! If you are agressive,
you can go when the non lag show for the first time a yellow line but if you are more conservative, like
matrung said, wait for the candle to be fully formed.
To be more conservative means less profit but also more safety.
The order :
I don't take a trade when the cross happens before the dot or when the cross happens after the nonlag.
So, i wait for a dot then for the cross and then for the nonlag.
It doesn't matter if the cross and the nonlag happen at the same time but like i said earlier, the cross
should never happen after the nonlag.
Subscribe to:
Posts (Atom)
