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My Forex experience and some Forex related information that might be useful to other traders

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Forex blog posts about expert advisors are presented here. You can click the selected excerpt's title to continue reading on 'expert advisors'.

RTATC2011 — Day 9 — Registration Ends, Contest Starts in 7 Days

September 25th, 2011

The registration period for the ATC 2011 contest has ended yesterday and now there’s only one week left till the competition begins.

The final version of my EA submitted to ATC isn’t much different from the one shared in my last RTATC2011 entry. The only difference is the increased delay (from …

RTATC2011 — Day 6 — Position/Order Volume Limits

July 15th, 2011

The modification of the EA to make it multi-currency was a tough job and resulted in a heavily modified code of my MT5 expert advisor. Today, I’d like to turn my head to a less complicated yet very important issue — proper position sizing in the ATC EAs.

The Problem

The ATC 2011 rules state:

The minimum trading amount

RTATC2011 — Day 5 — Multi-Currency Expert Advisor

July 7th, 2011

Following the recent success with Z-Score optimization of my MT5 expert advisor for the Automated Trading Championship 2011, I present the next entry in my Road to ATC 2011 journal. This entry is all about adding a multi-currency support to my expert advisor.

Old Ways

As I’ve already written, adding multi-currency support to an MT5 …

RTATC2011 — Day 4 — Z-Score Optimization

July 3rd, 2011

A week ago, I’ve determined the main idea for my ATC 2011 expert advisor. Today, it’s about time to shed some light over a very important but often overlooked concept in EA optimization — Z-Score. But before I describe my experience in applying Z-Score optimization, it’d be wise to explain …

RTATC2011 — Day 3 — Principal Idea

June 26th, 2011

OK, two weeks since my last RTATC2011 journal entry and it’s time to share my progress and offer first interesting downloads. So far, I’ve considered two different trading strategy ideas for my ATC 2011 EA:

  1. Use Total Power Indicator to measure the bull/bear power and enter long position on bull prevalence,

RTATC2011 — Day 2 — Components of a Successful EA

June 12th, 2011

So, let’s continue with our preparations for the upcoming ATC 2011. I’ve decided to start with the very beginning and outline the most important components of a successful MetaTrader EA. Please note that while some of the properties described below are good only for participation in ATC, others can be used …

Another Bulgarian VPS Hosting for Your MetaTrader

March 27th, 2011

Forex EA VPS is a name for the new Bulgarian VPS hosting provider that specializes in Forex. Despite the fact that the servers are hosted in Bulgaria (quite far away from the major brokers), the conditions on this VPS seem to be quite attractive. You can start with as little as $23/month and still …

OrderSend Error 4107 (Backtesting)

January 24th, 2011

OrderSend Error 4107 is a so-called MQL4 run-time error that is similar to OrderSend Error 129 but, unlike the latter, appears only during backtesting of the MT4 expert advisors, not during their live or demo run. The error is called ERR_INVALID_PRICE_PARAM (Invalid price) in the MT4 …

MT5 Build 381 Messes with Standard .Type() Methods

January 20th, 2011

Build 381 that was released by MetaQuotes for MetaTrader 5 yesterday had many useful changes, but it also messed up with the standard libraries, rendering some of the working expert advisors useless. The problem still remains as of build 384 and probably won’t be fixed in the next builds.

The change …

Creating a Multi-Currency Expert Advisor for MetaTrader 5

September 8th, 2010

(This post will be interesting only to the MQL coders.)

Multi-currency expert advisors were possible even with MetaTrader 4, but there were too many problems with building, testing and using them. The new object-oriented model and improved strategy tester of the MetaTrader 5 allow a wide use of the EAs …

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