This is a starter expert for the ichimoku cloud using only the Senkou Span A and Senkou Span B lines. The strategy uses a basic assumption that when price enters the cloud it will generally cross to the other side. The expert here uses the Orchard Framework 3, specifically 3.02 https://youtu.be/Uf5_CkeVbdU The expert shows how …
This is my first tutorial on writing a grid trading expert. Caution – grid trading can lead to very large drawdowns. It is high risk. This covers the standard buy/sell at each level grid. It is a foundation for other grid trading tutorials to come. The expert here uses the Orchard Framework 3, which I …
Grid Trading Expert for MQL4/MQL5 using Orchard Framework 3 Read More »
When I make videos about writing experts or indicators I usually make them for both MQL4 and MQL5. This naturally leads to some code that has to be conditional due to the differences. The conditional code that bothers me most is the difference in the way technical indicators are handled and I think dealing with …
Use Common Classes to Write MQL4 and MQL5 Experts Read More »
This is a tutorial based on a scalping strategy for 5 minute charts. I have had this strategy for a long time and don’t know the origin but the strategy itself is not extraordinary. I would expect it to be break even, possibly losing over time due to spreads and commissions. However, it is a …
I have covered using iCustom to make custom indicator information available in your EA several times but there is one question that keeps appearing. If you have an indicator that actually draws signals on screen, like buy and sell arrows, how can you use that information in an EA? It’s difficult because these indicators often …
Using Custom Indicator Chart Objects in an Expert Read More »
This expert advisor will scan through new trades and automatically apply a default stop loss to trades that have no stop loss Click here for the MT5 version Start by using the wizard to create the expert advisor template. I called my expert AutoStopLoss. This expert uses a simple point value to set the default …
This expert advisor will scan through new trades and automatically apply a default stop loss to trades that have no stop loss Click here for the MT4 version Start by using the wizard to create the expert advisor template. I called my expert AutoStopLoss. For MT5 include the Trade.mqh file to make use of the …
If you want to share or sell your EA or Indicator then you should be thinking about how to protect your work and prevetn unauthorised distribution. This article shows 4 techniques covering limited capability trials, time limited versions and ultimately issuing licence codes linked to a single account. These are simple techniques that you can …
A simple EA to open trades to an average position and then close all when a target profit is reached
Answering a quick tips request, how to combine the Stochastic and 2 moving averages on the stochastic into an Expert Advisor.
