This is a function that you can use in your MT4 expert advisor to apply a standard points based trailing stop For the MT5 verison click here A trailing stop is nothing more than a stop loss that moves as price changes. For this standard trailing stop the rules are simple: No stop loss is […]
MT4 Trailing Stop 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
MT4 Expert to apply an Automatic Stop Loss 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 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
MT5 Expert to apply an Automatic Stop Loss Read More »
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
Copy Protect your EA or Indicator Read More »
A simple EA to open trades to an average position and then close all when a target profit is reached
Close a Basket of Trades on a Target Profit Read More »
Answering a quick tips request, how to combine the Stochastic and 2 moving averages on the stochastic into an Expert Advisor.
COmbining Stochastic and MA on Stochastic in an Expert Read More »
How to add stop loss and take profit to your EA. This covers simple point based as well as an example using ATR multiples. If you have not seen the earlier parts where the framework is developed the links below will take you to those articles. Part 1 built the EA template and the expert
MQL By Request #6 – An EA with ATR Take Profit and Stop Loss Read More »
I’ve been using a common framework Version 1 in this by request series. The framework is evolving as the series moves along and was never intended to be a commercial product. The framework has always been intended for use to support tutorials. That means that the framework is more of a kit or toolbox and
MQL By Request #5 – Using the EA Framework V2 Read More »
How to write a Moving Average Cross EA using the EA framework. This is in answer to a subscriber question on how to write a moving average cross EA for MT5. It is also a good example for first use of the EA framework developed in parts 1-3 of this series. To write the EA
MQL By Request #4 – Moving Average Cross EA Read More »
Following up on a comment asking how to use iMAOnArray in an indicator this video shows how to build a complete working indicator in 10 minutes using iMAOnArray
Build a custom indicator in 10 minutes using iMAOnArray Read More »
