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MQL4 Programming

  • #121
  • Jan 19, 2019 8:17pm Jan 19, 2019 8:17pm
Hello all,

Im looking for an MT4 EA that closes all open trades at once due to an Equity Balance tgt or a Pip Profit tgt. But the catch is, I need this EA to adjust the Equity or the Pip account tgts on the fly in connection with the # of open trades.

Example.....If I want each trade to hit 4pips tgt, then 1 open trade = close open trade if 4pips tgt. But if there are 3 open trades = close all trades if there is 12pips profit. And if a 4th trade opens up over night while Im sleeping, the EA will automatically adjust on the fly to 4 trades open = close all trades when account is 16pips in profit.

Does that make sense? Any help would be greatly appreciated.

Linked below is a "Equity &/or Pip Close All" EA that maybe someone can make adjustments to in order to meet the needs listed above.

Thank you,

Adam
Attached File(s)
File Type: ex4 TheBasketCloser_v1.0 (currency amount or pips).ex4   11 KB | 319 downloads
  • #122
  • Jan 19, 2019 8:29pm Jan 19, 2019 8:29pm
Quoting DeathCab
Hello all, Im looking for an MT4 EA that closes all open trades at once due to an Equity Balance tgt or a Pip Profit tgt. But the catch is, I need this EA to adjust the Equity or the Pip account tgts on the fly in connection with the # of open trades. Example.....If I want each trade to hit 4pips tgt, then 1 open trade = close open trade if 4pips tgt. But if there are 3 open trades = close all trades if there is 12pips profit. And if a 4th trade opens up over night while Im sleeping, the EA will automatically adjust on the fly to 4 trades open =...
Posting the same request in many different threads is not going to help you get an answer any quicker.
Trade what you see not what you hope
  • #123
  • Jan 19, 2019 8:36pm Jan 19, 2019 8:36pm
Quoting cja
{quote} Posting the same request untold times in different threads is not going to help you get an answer any quicker.
Well sh$t, I didnt know that. I thought maybe multiple people are monitoring separate threads. So the more posting the better. My bad.....

Im new to posting in this forum and did not know how things went. Sorry man.....

Adam
  • #124
  • Feb 1, 2019 4:09pm Feb 1, 2019 4:09pm
Hiya,


Can anyone answer me, is there any need to learn MQL5 or learning MQL4 will be enough as it will be supported in the next 10 years by most truly ECN brokers? what do you think about this?

Thnx
<3
  • #125
  • Feb 3, 2019 5:12pm Feb 3, 2019 5:12pm
Hello, can anyone help me out?
I do not know why the font is broken
Attached File(s)
File Type: mq4 Correlation.mq4   192 KB | 237 downloads
  • #126
  • May 19, 2019 1:13am May 19, 2019 1:13am
Quoting Georgebaker
Anyone willing to share sourcecode that can trade on any broker? and avoid ordersend error like 131, 134 and so on. And can handle: ECN/STP 4/5 digits Thanks!
Place the orders without a stoploss and take profit, then run the OrderModify() function to modify stoploss and take profit. ECN doesn't allow you to send an order with TP and SL.
So when using OrderSend() function, make SL and TP 0.

For 4/5 digits, there is a lot of code examples online, look for one that will suite your EA the best.

Hope pointing you in the right directions helps.

Best regards
Blue
  • #127
  • May 19, 2019 2:36am May 19, 2019 2:36am
Quoting BlondePeach
Hiya, Can anyone answer me, is there any need to learn MQL5 or learning MQL4 will be enough as it will be supported in the next 10 years by most truly ECN brokers? what do you think about this? Thnx
These are two different platforms as it's well explained in this article.
https://www.mql5.com/en/blogs/post/681445

Regards.
Simplicity is the Ultimate Sophistication.
  • #128
  • May 19, 2019 2:51am May 19, 2019 2:51am
hiya @broketrader


Thanks for the reply. Why no one answering in this forum, this is scaring? In article, you send in the link, the answer was MT4, but MetaQuotes company said they will stop supporting MT4 soon, so does this mean the language I want to learn become junk in a couple of years? Again everyone says that codes written in MT5 will have runtime bugs as the MT5 freezes and this definitely cause huge loss. ?

Tnx
<3
  • #129
  • May 19, 2019 3:04am May 19, 2019 3:04am
Quoting BlondePeach
hiya @broketrader Thanks for the reply. Why no one answering in this forum, this is scaring? In article, you send in the link, the answer was MT4, but MetaQuotes company said they will stop supporting MT4 soon, so does this mean the language I want to learn become junk in a couple of years? Again everyone says that codes written in MT5 will have runtime bugs as the MT5 freezes and this definitely cause huge loss. ? Tnx
Hi Blonde, where have you seen that MQ is stop supporting MQL4, do you have a link to any official announcement or article ?
Please, thanks
Simplicity is the Ultimate Sophistication.
  • #130
  • May 19, 2019 3:09am May 19, 2019 3:09am
This is the official page of MT4 :

https://www.metaquotes.net/en/metatrader4

And they don't say that the platform is being discontinued any time soon
Simplicity is the Ultimate Sophistication.
  • #131
  • May 19, 2019 10:23am May 19, 2019 10:23am
Hiya @brokeTrader


I read on the internet here:
https://www.forexlive.com/news/!/mt4...inued-20180112
https://www.leaprate.com/news/bye-by...ces-phase-out/

There was more but I don't remember now where I saw it.

What do you think?

Tnx
<3
  • #132
  • May 19, 2019 10:47am May 19, 2019 10:47am
Quoting BlondePeach
Hiya @brokeTrader I read on the internet here: https://www.forexlive.com/news/!/mt4...inued-20180112 https://www.leaprate.com/news/bye-by...ces-phase-out/ There was more but I don't remember now where I saw it. What do you think? Tnx
Hiya Blonde!

Well I have been searching their press release database and googling it and found nothing !

On the contrary, here: https://www.mql5.com/en/forum/295316 they still released new update at end of last year and just say that they discontinue the support under windows XP/Vista nothing else.
Simplicity is the Ultimate Sophistication.
  • #133
  • May 31, 2019 10:25am May 31, 2019 10:25am
hiya @broketrader


Thanks. I want to spend my time to learn MT5, do you think there are enough reference material, tutorials, and code examples also coding-forums available for MT5 to help me find the answer if in case I encountered a problem?

Do EA's that are developed under MT5 are enough reliable and server-side platform or VPS or servers that running MT5 EA's on the broker's end, are enough reliable as the same level as MT4 t run my codes? I'm so worried to lose the position just because of server-side or runtime errors that may occur by freezing MT5 Platform, while MT4 is more time around and the issues would have been probably fixed until now, so runtime and server side will be more smooth. Also, I heard that MQL5 is more object-oriented and more like C++ while MQL4 is more like C/Pascal, so it would be more effective to use a C++ grade object-oriented EA development language than an MT4?

https://www.metatrader5.com/en/broke...arison-mt5-mt4

What do you say?

Is there any other forum that can answer me as looks like here in ForexFactory no one answers. Could you PM the name of other forums that they may be helpful?

Tnx
<3
  • #134
  • Jun 1, 2019 4:38am Jun 1, 2019 4:38am
Hello, can anyone help me?
i want code when EA open order 1 price : 1.0100
when price down or up 200point from open1 open order 2
  • #135
  • Edited 5:28am Jun 1, 2019 5:13am | Edited 5:28am
Quoting gatapbay17
Hello, can anyone help me? i want code when EA open order 1 price : 1.0100 when price down or up 200point from open1 open order 2
many ways, here are 2:

1. when order 1 is confirmed filled save a double value of this entry price (in this case 1,0100).
then simple compare this value with current price value, when its more then 200 point difference do the next order.....

2. you can mark your first order with special magicnumber or order comment, read the entry price from this order and compare this to current price. its slower way... but most dont need extrem fast running programs for last milliseconds , so still ok for most traders. when programm is very big and oftern this part inside the program done then backtest time and trades can take a bigger difference...

enough or you need in more detail?
  • #136
  • Jun 2, 2019 3:55am Jun 2, 2019 3:55am
Quoting BlondePeach
hiya @broketrader Thanks. I want to spend my time to learn MT5, do you think there are enough reference material, tutorials, and code examples also coding-forums available for MT5 to help me find the answer if in case I encountered a problem? Do EA's that are developed under MT5 are enough reliable and server-side platform or VPS or servers that running MT5 EA's on the broker's end, are enough reliable as the same level as MT4 t run my codes? I'm so worried to lose the position just because of server-side or runtime errors that may occur by freezing...
Hi Blonde,

You're confusing MT4/5 vs MQL, MQL language in MT4 is now exactly the same as used in MT5 both can be object oriented or not depending on the only choice of the programmer, maybe some available libraries and API being a bit different but not the language itself.

For a difference about the 2 platforms, this page explains it very well, please have a look at it.

I cannot answer about reliability of the two platforms as I don't know MT5 but concerning OOP (C++/java) versus procedural programming (C/Pascal) you should definitely go with the former as it definitely allows more intuitive/clean and professional coding than C/Pascal which are definitely a thing of the past. I can tell you than being in the programming industry since more than 25 years (crap, that's too long ;-) no one has that question anymore, OOP is the only way to go !

Moreover, if you are new to OOP, I wrote a tutorial in 2014 (time goes so fast!) which is MQL only and that you can read here which will definitely help you, and I'm here for any question you could have ;-)

Good luck !
Simplicity is the Ultimate Sophistication.
  • #137
  • Jun 2, 2019 11:42am Jun 2, 2019 11:42am
hiya @broketrader

Thanks for the reply. I'm speaking of MQL4 development is under GUI of MT4-editor/compiler, when we run the EA locally from our laptop, we need a stable platform to run it properly. I believe the end of MQL4 support will be the end of MT4 and vice-versa. I think the language itself is too much different from MQL4 to MQL5 if you want to code natively your EA's in MQL5 language. ?
Thanks for your articles and links. I will definitely read them and save them in my resources.

Thank you
Best of luck for you
<3
  • #138
  • Jun 2, 2019 12:49pm Jun 2, 2019 12:49pm
hiya @broketrader


I want to bring my EA into a DLL in MT5 and I want to Encrypt it in Visual Studio with proper Encryption algorithms that is possible to apply to the code. The native MT5/MQL5 Encryptors can be reverse engineered, and I don't want this happens to my code. I see there are possible ways for this in MT4/MQL4, but there is nothing for MT5/MQL5. If I want to make it simple, I want to bring ET to Visual studio to encrypt it with proper encryption algorithms then I put it into a DLL and export it to MT5. As an expert, what do you suggest for me?

Tnx
<3
  • #139
  • Jun 2, 2019 12:54pm Jun 2, 2019 12:54pm
hiya @broketrader


I want to message you about a technical matter that I prefer to message? could you open the massage possibility for me, please?

Tnx
<3
  • #140
  • Jun 2, 2019 1:23pm Jun 2, 2019 1:23pm
Hmm, I think that I don't totally understand what you really want to do...

Isn't putting your code into a DLL sure enough ?
I don't know about any code residing in a DLL or exe that can be encrypted and then executed but I'm not expert in securing code anyway...

you can message me.
Simplicity is the Ultimate Sophistication.
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