Tag: MQL4

MQL4 is a powerful and easy to use programming language used for the development of applications for automate trading strategies in the Forex market. It provides extensive libraries and tools for creating custom indicators and automated expert advisors, as well as graphical interfaces for automated trading systems. With its simple syntax and wide array of functions, MQL4 can be used to create simple or complex automated trading strategies for any level of trader. MQL4 is an invaluable tool for any Forex trader, providing them with the means to customize their own trading experience.

Introduction to MQL5

mql4 Change Line Color: An Analytical Forex Trading Guide

mql4 Change Line Color: An Analytical Forex Trading Guide
5 min read

The mql4 language has a wide range of functionality for customizing the appearance of your charts. One of the most popular features of the language is the ability to change the color of a particular line on the chart. This is especially useful in Forex trading where different colors are typically used to represent different trends. With mql4, you can assign specific colors to specific lines, making it easier to identify trends and strategies. With mql4, you can use color to your advantage and make the most out of your trading strategies.

News Order

MQL4 Total Ordera Buy: Forex Trading Tutorial

MQL4 Total Ordera Buy: Forex Trading Tutorial
5 min read

MQL4 Total Orders Buy Forex enables traders to automatically execute their trades, providing a more efficient way of trading. With its automated trade processing, orders are executed immediately when the market conditions are met. The total orders Buy Forex system provides a secure system for trading with advanced risk management options which can be tailored to individual needs. Its one-click order functionality and customizable MT4 charts make it an ideal solution for those wanting to take their trading to the next level. With its advanced order types and exceptional customer support, MQL4 Total Orders Buy Forex is the ultimate solution for traders who are looking to find the perfect balance between success and risk.

Introduction to MQL5

MQL4 Moving Average: Analyzing the Forex Trading Technique

MQL4 Moving Average: Analyzing the Forex Trading Technique
6 min read

MQL4 Moving Average Forex is a powerful yet simple tool that can be used to identify trends in the financial markets. This tool uses a combination of moving averages to determine potential entry and exit points. As the moving averages tracks the changes in the market, it helps traders to make informed decisions and maximize returns. This tool is highly reliable and can be effectively used in both long and short-term strategies. As it is straightforward, it can be implemented quickly and with minimal effort.

News Order

Choose an Order from a List of Orders in MQL4

Choose an Order from a List of Orders in MQL4
6 min read

When it comes to choosing an order from a list of orders in the MQL4 Forex trading platform, traders should first consider their risk appetite as well as the amount of capital they have to allocate to a particular trade. Additionally, traders should consider the technical analysis of the currency pair they would like to trade, taking into account the levels of support and resistance, as well as the time frame they intend to trade in. Further, traders should also assess the potential reward-to-risk ratio, the volume of the order, and the liquidity of the order in the market. Ultimately, traders should assess how all of these factors can affect the profitability of the trade.

Introduction to MQL5

w3schools mql4: An Analysis of Forex Trading

w3schools mql4: An Analysis of Forex Trading
4 min read

W3Schools MQL4 Forex is a course that provides comprehensive education on the international Foreign Exchange (Forex) market and on MetaQuotes Language 4 (MQL4). Through this course, users will gain practical knowledge and develop the necessary skills to successfully trade currencies and understand foreign exchange dynamics. This course includes topics on Forex concepts, analysis, charting, algorithmic trading, trading psychology, and much more. It is suitable for both new and experienced traders, as it sets out the foundation and logic of Forex trading. With the in-depth knowledge acquired in this course, users can easily make successful trades in their Forex portfolio and take full advantage of the potential of the Forex market.

News Order

MQL4 Error 4055 – Failed Order Closure Explained

MQL4 Error 4055 – Failed Order Closure Explained
3 min read

Error 4055 MQL4 can occur in MetaTrader 4 when a script or EA attempts to submit an order in the Forex market, maybe to close a position or open a new one, and the submission process is unsuccessful. This error is not rare and can be caused by various things such as a price discrepancy between the trading terminal and the broker’s server, connection problems, or invalid order settings. As a result, the order transmission is unsuccessful and the order fails to be closed. It is important to review the parameters of the order and analyze the trading environment to ensure the order will be executed correctly. As a trader, identify and address any potential issues before attempting to enter or close an order in order to avoid the Error 4055.

Introduction to MQL5

Understanding the orderclose MQL4 Syntax for Forex Trading

Understanding the orderclose MQL4 Syntax for Forex Trading
5 min read

The OrderClose function allows traders to close market and pending orders in the MetaTrader 4 (MT4) trading platform. It’s a tool that can be used to close current open positions, by setting an amount of an asset to sell or buy for a specific price and the function will automatically close the order in the MT4 system. To maximize the benefit of Order Close, traders need to know the correct parameters and the right order type. OrderClose can be one of the most useful tools for traders wanting to close out a position quickly and efficiently.

News Order

mql4 show order lot size”: An Academic Explanation of Lot Sizes in Forex Trading

mql4 show order lot size”: An Academic Explanation of Lot Sizes in Forex Trading
5 min read

MQL4 Show Order Lot Size Forex is a powerful and innovative tool that allows forex traders to quickly view and analyze the lot size allocated to each open order in their MetaTrader 4 trading account. The software displays all opened trades in a concise and intuitive way, permitting traders to quickly make informed decisions regarding their trades and their account’s leverage. Furthermore, this tool reduces the amount of time it takes to manage forex trading orders, allowing traders to focus more on analyzing and trading the markets.

Introduction to MQL5

mql4: If Ticket Not Found Pending in Same Position

mql4: If Ticket Not Found Pending in Same Position
5 min read

MQL4 is a programming language used for building Forex trading strategies. It is a versatile and powerful language, allowing traders to create complex trading strategies that can be executed automatically by trading platforms such as MetaTrader 4. With MQL4, traders can capitalize on the markets and develop automated trading systems that can replicate or even out-perform the strategies of experienced traders. MQL4 can also be used to backtest trading strategies and run simulations, allowing traders to test and perfect their strategies before risking real money.

Forex Trading Strategies

T3 Trix MQL4: An Introduction to Forex Trading

T3 Trix MQL4: An Introduction to Forex Trading
4 min read

T3 TRIX MQL4 Forex is a technical indicator designed for use in the MT4 trading platform. This powerful indicator combines three different Exponential Moving Averages (EMA’s) to generate an oscillator that accurately measures trend strength and momentum. It makes use of momentum and volatility to find potential trading opportunities. By utilizing the three time frames, investors can benefit from pinpointing the exact entry and exit points in the market. T3 TRIX MQL4 Forex indicator provides a reliable tool to analyze and measure the strength of a trend as well as its potential reversals.