Tag Archives: MQ4

What is Metatraders MQ4 Point for this forex trading?

What is Metatraders MQ4 Point for this forex trading?

I am trying to understand this exactly what this is? Any experts out there for this ?

http://docs.mql4.com/predefined/pointvar

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Someone on Facebook responded with this:

IMO it’s the pip. But depends what broker you use. So, when your broker has 4 decimal numbers on EURUSD, the point value == pip. If your brokers provides 5 decimal digits on EURUSD, then the point is 0.1 of pip. Good to use it on multi currency pair trading strategies. mby I am wrong, I haven’t worked with mql4 for long…. (cuz it’s sux)

 

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Metatrader MQ4 for pivot trading in forex

Metatrader MQ4 for pivot trading in forex

I am looking at the following for potential use cases in my own algorithms in Matlab

other MQ4 scripts

Pivot mq4


http://forum.mql4.com/10128/page2 <- draws pivot lines
http://www.dailyfx.com/forex_forum/ask-experts/582986-pivot-points-metatrader-indicator.html

 

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Metatrader MQ4 for whipsaw trading in forex

Metatrader MQ4 for whipsaw trading in forex

I am looking at the following for potential use cases in my own algorithms in Matlab

other MQ4 scripts

Whipsaw MQ4
http://forum.mql4.com/32741
https://www.mql5.com/en/code/8328 Aroon Oscillator?? <-Most promising?
http://www.forex-tsd.com/metatrader-4/7600-all-whipsaw-indicators-3.html
http://forum.mql4.com/23137
https://www.mql5.com/en/code/8714 VHF -> most mentioned

Best: https://thestudentloanranger.wordpress.com/2011/03/14/containing-whipsaw-trades-in-an-automated-trading-system/

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This collection of forex strategies good for trading? Now need to convert from MQ4 to C++? Any volunteers?

 

This collection of forex strategies good for trading? Now need to convert from MQ4 to C++? Any volunteers?

http://forex-strategies-revealed.com/

http://forex-strategies-revealed.com/simple

Le me know as I am delving into this it looks like.

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How does Tradetstation and Metatrader compete with these sub par proprietary languages like Easy Language or MQ4 or MQ5?

How does Tradetstation and Metatrader compete with these sub par proprietary languages like Easy Language or MQ4 or MQ5?

So I have been tasked for a Tradestation assignment or project. I am now building a basic model in Tradestation. I am in disbelief that trading platforms still have their own proprietary language like Tradestation’s Easy Language or Metatrader MQ4. As it stands, when you get a trading platform like Ninja Trader that support C#, it makes me wonder how the competition will keep up. Tradestation do not even offer any API where I am forced to learn this new environment and programming language. Serious. It is 2011. I have so many choices for a decent trading platform in languages I know. Also, there are open source ones like Tradelink or Marketcetera. What do I know right?
The best part part, I have to still pay for access to Tradestation’s development environment. How much was that Eclipse for Java or Visual Studio Express from Microsoft cost? Oh yeah. Zippo dollars.

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!