Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 8 of 8 FirstFirst ... 6 7 8
Results 71 to 72 of 72

Thread: Learning step by step to make expert advisor

  1. #71
    My pips hand is weak
    ----
     
    jessica19 is on a distinguished road jessica19's Avatar
    Join Date
    Jan 2018
    Posts
    160
    Accumulated bonus
    29.73 USD
    Thanks
    149
    Thanked 22 Times in 21 Posts
    Dear one thing to notice that not everyone trader can learn how to program anyway because it involves c++ and Oracle language of computer Visual Basic is also plays an important role to make you better but if you're not an IT expert then it is useless to spend time on making

  2. Fb
  3. #72
    Forex in the blood
    inspired
     
    Mmjhype is on a distinguished road Mmjhype's Avatar
    Join Date
    Feb 2018
    Posts
    376
    Accumulated bonus
    293.79 USD
    Thanks
    3
    Thanked 15 Times in 14 Posts

    How To Create A Simple Forex EA Using The MetaEditor Wizard..

    To access the MQL wizard,just open MetaEditor on your trading platform then click "New" on the upper left side.....
    Select "Expert Advisor(Generate) " which is the second option in the pop-up window then click Next. On this screen ,you can set the general properties of the EA,such as the name author and link to the source.
    The system parameters,which basically are your lables for the currency pair and time frame,are already set by default . Don't worry about these inputs just yet! These default settings indicate that the EA can be applied to the current currency pair and time frame.
    Next you will have to set the signal properties of your Expert Advisor . You can choose from the set of technical indicators already included the metatrader platform ,such as good ole moving averages or MACD and even have a combination of up to 64 indicators!
    To add an indicator ,just click Add then input the necessary fields in the pop-up window. In this example, I'll just make use of the 100SMA and leave the rest of the default parameters as is. Just double click on each field to edit it's name,value or type.
    The next step should allow you to determine the trailing stop for your Forex EA. You can decide to base it on a fix number of pips, use a technical indicator,or not have one at all. In this example, I won't be adding a trailing stop just yet . Lastly you can set the risk management rules by deciding to trade with a fixed volume,margin,or risk percentage . Under the fields for parameters you can specify the percentage risk or the lot size per trade. In this example I'd like to trade with a fixed risk of 1% of my account on each trade,as most of my trading buddies do. ..
    Before the hit the Finish button,take a deep breath and make sure you're ready to have lines of code thrown at your face ..And there you have it just hit compile or F7 to make sure that your code is error free....Now go and impress your date by humble-bragging that you've learned to write hundreds of lines of code overnight, no biggie, 😂

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.