Tag Archives: MT4

Trading patterns help needed to convert from MT4 to Python

Working on Trading Patterns

After accomplishing the latest set of charts to generate both a long and short term view on forex pairs, the next challenge is determine what is happening to them when they consolidate. It seem the financial pros use many type of trading patterns to determine potential pricing action. This enables traders to see if any currency pair will have a breakout moment to perfect time a market entry.

There are so many different patterns but I have identified the ones NicTrades uses most often. After reviewing the rationale behind them, it makes sense to test them out. As I am using JForex, it seems this pattern functionality is rather limiting in the platform. It is also not quite as advanced in other platforms including Metatrader 4. I even tried looking for coding samples in Python. Unless I use machine language for chart pattern recognition, the choices are somewhat limited. I am also finding to try machine learning at this point will only further delay the implementation of my automated trading. It will be a nice to do this project later in the near future but  I will not be able to do it right now.

Onto Metatrader 4 scripts  the forex trading platform

Being on Mac has its advantages but I will tell you it can limit youth certain software. Metatrader is one of them. You can attempt to run a ‘MacOS’ version through a Wine packaged version. The brokers out there do a poor job at this. I tried running the one from FXPro but it did not run. I did get a version running from XM but they seem to be an unreliable broker being based out of Cyprus. They also take European only customers as well. These were the only ones I tried so I will not further waste anymore time going down this path. Also, I still refuse to run anything on Windows as it is just seems to run like a dog. I even tried running Linux via a virtual machine but I still would rather put staples in my head.

Note that I did find 3 MQL4 scripts that prove to have all the trading patterns I would like to try.

This is where you could come in

Then I had this Eureka moment! Why not hire someone to translate these MQL4 scripts into Python 3?  It should be a problem to find people through this ;community’ since Metatrader/MT4 /MQL4 is super popular. It also involves simple math judging from the source code. There may be some wonky translation of charting code to something within a Python Matplotlib package. Up for a challenge? If so, get in touch with right away.

 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Dukascopy Europe and JForex 3 vs MT4 for helpful algo forex trading tip

Dukascopy Europe and JForex 3 vs MT4 for helpful algo forex trading tips

Dukascopy Europe and JForex vs MT4 for helpful algo forex trading tip

Question from someone on my email
(It is quite obvious English is not a primary language for this person)

hey sir

i learn jforex 3 demo on video in youtube then i find ur video and i enjoy ur explain in jforex 3 and i know u trade dukascopy Swiss i ask u plz if u ok

 

whats ur opnion dukascopy europe ? coz i dont have any depsoite 5000 dollars and i just stay depsoite is 1000 dollars

whats ur opnion jforex 3 ? is it better than metatrader four right sir ? and why ?

do u use vps server for jforex 3 ? coz i have internet is weak in my country

thanx sir

Here is the answer in the video

Read Now
Question from someone on my email http://quantlabs.net/blog/2018/01/dukascopy-europe-jforex-3-vs-mt4-helpful-algo-forex-trading-tips/

Questions and answers new to forex trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Dukascopy Europe and JForex 3 vs MT4 for helpful algo forex trading tips

Dukascopy Europe and JForex vs MT4 for helpful algo forex trading tips

Question from someone on my email

hey sir

i learn jforex 3 demo on video in youtube then i find ur video and i enjoy ur explain in jforex 3 and i know u trade dukascopy Swiss i ask u plz if u ok


whats ur opnion dukascopy europe ? coz i dont have any depsoite 5000 dollars and i just stay depsoite is 1000 dollars

whats ur opnion jforex 3 ? is it better than metatrader four right sir ? and why ?

do u use vps server for jforex 3 ? coz i have internet is weak in my country

thanx sir

Dukascopy JForex JVM heap size MAY prevent your system from crashing 

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Metatrader MT4 MQL4 with R Interface Library

Metatrader MT4 MQL4 with  R  Interface Library

MQL4 -> R-Project – Interface Library

Thanks to Andew in my Facebook group for notifying me on this

http://www.forexfactory.com/showthread.php?t=260422

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Response to Tour of 18 screen MT4 forex trading system

Response to  Tour of 18 screen MT4 forex trading system

 

From an email I sent

A tour of 18 screen MT4 forex trading system

Response from a Quant Elite member

 

Here is the

I was curious about the multiple monitor statement.  To me, the beauty of automation is to reduce the need for multiple monitors.  A good software setup and platform can be the equivalent of dozens, or even hundreds of monitors, none of which need human interaction, unless some event is triggered.  So to me the point of automation is to not have to sit in front of a monitor wall all day.

Don’t forget  this people feel self important and trade like humans. If they have automation, they will just read some blog or forum, implement a coded up cloned strategy, and hope for the best. Gambling has better results I would think.

Join my FREE newsletter to see the benefits of automated trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

A tour of 18 screen MT4 forex trading system

A tour of 18 screen MT4 forex trading system

Do you ever see those videos where some trading guru in a video sits in front of 20 million billion screens? I mean does it make them really a lot more bank? LOL You going to fall for that?

Once again, another out of control retail trader who thinks 18 screens will make him a millionaire. I love the thought process!

Let me know if you think this would be useful for you
Check out this silly video
Starting next week I’ll be putting out  a few reports to help me cover all those frequently asked questions from newbies on starting out in automated trading and/or proper trading. Be on the lookout for that. There’s some really good videos and it will have some automation surprises. The unfortunate thing is it involves Windows 10.

Do not forget about FREE DAILY DIGEST so you can keep up with my daily news/research coverage. There will be lots coming down the pipeline.
This includes the workshops I mentioned including my research on Apple Swift for IOS devices for front end graphical user interface development.

Go here for this Daily Digest Service

Thanks for sticking around

Bryan

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Metatrader MT4 and Oanda forex API blow hard vs rolling your own system

How Metatrader MT4 and Oanda forex API blow hard vs rolling your own system

In the link below you will find one of my members who had some experience with the Java API from Oanda. Not only that, he also expressed his frustration with MT4 also known as Metatrader which is the most popular foreign exchange trading platform out there. You already know that any unknown broker that supports this platform should be considered a red flag who will likely screw your account.

 

What was his opinion about Oanda ?  Read about it here

 

I would be highly interested to hear about any recent feedback some may have had with this broker or their API. They’re the only ones that I would trust from an independent broker’s point of view.

 

I’m hoping in the next couple of weeks I will be able to announce some all-day LIVE  coding workshops for specific topics. A popular one would definitely be about trading execution with Interactive Brokers software and gateway. As most people work, I would figure that Saturday or Sundays would be the most popular choice for these workshops. Do let me know what you think.

 

I’m happy to report that three quarters of my FX strategy is coming together. I’m hoping in the next couple of weeks I’ll be wrapping all of this up to revisit my Python scripts for both futures and options trading. There seems to be a need to make these more robust.

 

As a result, is it possible that my new service may be coming online sooner than I think? If so, many new services and product lines will be coming out of it but all of this still needs to be determined. At the end of the day, it is highly recommended you to jump on the current Quant Elite membership while it’s still affordable.

 

Join here for that

 

Also do note that these upcoming workshops will be included as another benefit for this membership.

 

Yes I want to join now

 

Thanks

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Metatrader MT4 to ZeroMQ for forex trading

Metatrader MT4 to ZeroMQ for forex trading

This is how you talk to the outside world via ZeroMQ. This library can bind into any major programming language. This was notified by someone on my Facebook group

https://github.com/AustenConrad/mql4zmq

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Unprofitable with Metatrader MT4 or Ninja Trading modelling or expert indicators EAs? Corrupt forex broker suggestions?

Unprofitable with Metatrader MT4 or Ninja Trading  modelling or expert indicators EAs? Corrupt forex broker suggestions?

Join here to figure out why I do

Someone sent me questions on this requestting to see more:

> Hi..
>
>  I need more info
>
>  – This system/model works on Forex and MT4 ?

–> Metatrader only limits you to one data connection and execution. These are tied into probably a broker you don’t even know that is trading against you see below. The data could be questioned as well. See below. Platforms like Ninja and Metatrader are severely limited. They are called black boxes which I don’t like or support. I only use open source trading platforms which my membership knows about.

>  – Wich broker are you recommended?

–> One that I like is Interactive Brokers and a few others. Others I cannot mention are corrupt. They will send out trades to work against you. These are called bucket shops. If I mention them by name, I ame sure I would get some lawyer after me. Just do your research! http://www.investopedia.com/terms/b/bucketshop.asp
>  – Is this type or trading allowing by brokers?

–> Is your broker registered? If not, find one as they have to play by the rules.
>  – Are the some specific system working already?

–> Sure I am working on that
>  – How much profit in pips can I get ?
–> I am not sure.
>  Thanks in advance..

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NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!