Archive

After coding down the 3rd Generation Moving Average indicator it was a very logical step to create an expert advisor from it. Since I’ve already had the Adjustable MA EA, which offers a lot of customization of trading parameters, I’ve decided to use it as the base for the similar …

Skydesks is the new VPS provider that specializes in Forex trading. You will get pre-installed MT4 for almost any Forex broker with this hosting service. Although their site makes many references to ”clouds”, it has nothing to do with the recently popular cloud hosting concept. Nevertheless, …

I’ve finally found some time to upload a Forex expert advisor that I’ve been testing since December 2010. It’s called ATR Trailer and, as its name suggests, is based on ATR (Average True Range indicator) trailing stop. The idea behind this MetaTrader EA is …

Another round of the Automated Trading Championship by MetaQuotes is coming — the registration process for ATC 2011 starts today. It’s your chance to win up to $40,000 by submitting an MT5 EA that would be trading profitably during the period from October 3rd till December 23rd …

One of the site’s visitors asked me about my testing results of the weekly Forex gap strategy and which pairs are best suited for such trading. As a reply I’ve sent two MetaTrader “expert advisors” that I had used for testing. Now I’ve decided to share these scripts with everyone else, because …

Sometimes, especially during backtesting or in case of a badly designed expert advisor, the OrderSend Error 134 (or ERR_NOT_ENOUGH_MONEY) appears in the Journal log of your MetaTrader platform. In MT5 this error is called TRADE_RETCODE_NO_MONEY and has a code 10019. The reason for this error is the same for both versions of the platform — lack of free margin to execute …

OrderSend Error 138 (or ERR_REQUOTE) may appear during the execution (but not backtesting) of the MetaTrader expert advisors (only in MT4, as the MetaTrader 5 platform uses a different system of OrderSend error codes). Error 138 means that the broker replied with a ”Requote” signal to your expert advisor’s OrderSend function. …

Automated Trading Championship (ATC 2010) — one of the biggest events in the world of automated Forex trading — starts in one week from today — on Monday, October 4. The championship will be conducted among the expert advisors written in MQL5 for the MT5 trading platform. The registration has closed and, according to the official …

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

One of the most overlooked parameters of the Forex expert advisor that can be used in optimization of the trading results is the set of weekdays for the EA to trade on. Different strategies are good under different market conditions. And the market conditions tend to vary …

Many free Forex expert advisors and indicators for MetaTrader 4 and 5 are offered on this site and many other websites on-line. That’s one of the main reason why the MetaTrader platform is so popular — the traders enjoy a lot of free user-created content that is shared and discussed by the community. I like …