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MT4 navigational tips and techniques

  • #121
  • Oct 10, 2009 9:46pm Oct 10, 2009 9:46pm
Quoting cobraforex
Hi David

Thanks for the response.

An additional question: I have a list for Hot Keys in MT4 but can't find any to make a screenshot and that is one of the most used function, any suggestion?

Have a great weekend.
Cobra, I'm not aware of a single keystroke, but you can use Alt-F I
within MT4, or (of course) the PrintScrn key on your keyboard.

David
  • #122
  • Oct 11, 2009 1:24pm Oct 11, 2009 1:24pm
Thanks for all the good tips
  • #123
  • Oct 11, 2009 4:37pm Oct 11, 2009 4:37pm
Quoting hanover
@Cobra: just noticed your post now. Sorry, I don't know any way of resetting this, short of reinstalling MT4.

@Iceman: change code from
Alert("xxxx");
to
Alert("xxxx"+","+Symbol()+","+Period());
and press F5 to recompile.
Thanks, Hanover. Have a good one!
  • #124
  • Oct 12, 2009 1:09am Oct 12, 2009 1:09am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Hi Hanover and everyone
need to know if it's possible to turn MT4 on before the markets open and have it run a scipt file to open an indicator/script when the platform goes active - i only want it to do this at the begining of each week

regards

MPP
  • #125
  • Oct 13, 2009 4:52am Oct 13, 2009 4:52am
Hi Hanover
I am trying to get a handle on just what the limitations are in relation to programming in mt4. You appear to have it covered so I am hopeful that you will be able to help. Where I am unclear is when programming an ea is it possible to program risk parameters in relation to position size. I will use an example to try and make my point a bit clearer. I will use Joel Rensink's FSP system as I saw you had been on that thread and are familiar with it at least.
What I want to know is well firstly is it possible to code that system exactly as per the rule set and risk 1% of capital per trade. I notice on all back testing results that I have seen for ea's they state that the system was tested using one contract per trade. This is not very realistic to me and I wonder why it is like that. Does that mean that it is not possible to code a variable position size based on varying volatility or equity levels and also vary stops accordingly. I am considering making the effort to learn to programme the language but feel if these things are not possible then it probably wont be worth it as then these test would not be really very helpful as the money management is fairly unrealistic. I look forward to your reply.

thanks
Perry
  • #126
  • Oct 13, 2009 7:45am Oct 13, 2009 7:45am
Quoting MPP
Hi Hanover and everyone
need to know if it's possible to turn MT4 on before the markets open and have it run a scipt file to open an indicator/script when the platform goes active - i only want it to do this at the begining of each week

regards

MPP
I'm not sure if it's possible to have a script call or activate an indicator, as such (perhaps others could advise?). However, it's definitely possible to have a script or indicator perform its main function(s) only between any specified hours, or during a time period that you've coded it to do so. Hence it effectively puts itself to sleep, and then awakens itself, at whatever times you specify.

It's easy enough to determine whether the markets (i.e. MT4) are open by having the script/indicator check the time of the last tick against your computer's time. You can also use the IsConnected() function to determine whether a connection exists between your MT4 and your broker's price server.

Hope I've answered your question......??
  • #127
  • Oct 13, 2009 7:51am Oct 13, 2009 7:51am
Quoting perryg
Hi Hanover
I am trying to get a handle on just what the limitations are in relation to programming in mt4....
Absolutely any position size calculation, and order type (entry/TP/SL level) creation or adjustment, is programmable, provided that you:

(1) can unambiguously and mathematically define all of the rules involved, in every possible situation (i.e. this is a 'system design', as opposed to a 'programming', consideration), AND

(2) understand how to code using the MQL4 language.

So - to answer your specific questions - yes, it's perfectly possible to code variable position sizes (providing that you can define how it relates to 'volatility' in mathematical, rule-based terms), and to vary or adjust stop levels according to whatever criteria that you specify. The AccountEquity() function in MQL4 returns the current balance of the account, and the MarketInfo(pair, MODE_TICKVALUE) function the applicable number of dollars per pip, from which you can easily calculate X% risk, and then set your entry and stop levels accordingly.
  • #128
  • Oct 17, 2009 6:22am Oct 17, 2009 6:22am
http://www.metaquotes.ru/files/mt5setup.exe

already downloaded it...

-----------

Today the public testing of the MetaTrader 5 client terminal starts. All of you now can participate in it. If you want to become the testing participant, just download the terminal and test it. You can send your bug reports and suggestions by email or publish them in this topic.

For the testing period, the client terminal is offered with the English interface. If you have any difficulties, please refer to the built in Help, which is also in English.

You can download MetaTrader 5 Client Terminal by the following link: http://www.metaquotes.ru/files/mt5setup.exe (15Mb)


We thank you in advance for your contribution in testing the MetaTrader 5 terminal!

Plans for MetaTrader 5 Testing

 

  1. The platform testing will take about 5-6 months.
  2. This will be a step-by-step testing. New possibilities will be added at each step. During the first testing stage that starts today, the client terminal will work only with Forex. Further we will add CFD, Futures, equities and options.
  3. The current terminal version is offered without a strategy tester. It will be included at next steps.
  4. From November, 2009, we open the testing of back-office components of the platform in brokerage companies.


We do our best to offer you the maximally stable product, that's why the testing process has a multi-step structure. We want to thoroughly check everything before we offer the platform to our clients.

Best regards,
MetaQuotes Software Corp.

  • #129
  • Oct 22, 2009 12:57pm Oct 22, 2009 12:57pm
Hey Guys does anybody know how to speed up mt4,mine is getting progresively slower.Many thanks
Podge
  • #130
  • Oct 22, 2009 4:37pm Oct 22, 2009 4:37pm
Quoting podgy
Hey Guys does anybody know how to speed up mt4,mine is getting progresively slower.Many thanks
Podge
Same here podgy. I think it may have something to do with too many profiles. I had done a cleanup earlier & seemed to improve a little, but now really slow. I get a black chart area showing for 1 or 2 secs between changing profiles.

Saw a post somewhere recommending a reload of MT4 as it didnt clean up its memory usage very good. I have been copying templates & some other things from the "virtual" folders in prep for the inevitable reload.

How many profiles & charts per profile you average.
Mine is down to about 10 profiles, 4-8 charts each. 3 with ea's.

cheers scalpz
Target 2 : Stoploss in the green
  • #131
  • Nov 3, 2009 1:17am Nov 3, 2009 1:17am
Is it possible to use "If/Then" type orders with MT4... for example, lets say I buy AUD/USD at 0.9000... and I put a sell in for 0.9050, and if that occurs it automatically activates a buy back at 0.9000... if this is possible, how can I do it with MT4?
  • #132
  • Nov 3, 2009 11:17am Nov 3, 2009 11:17am
Is it possible to open up MT4 twice on the same account? This would be most useful for me..
  • #133
  • Nov 4, 2009 3:04pm Nov 4, 2009 3:04pm
Quoting podgy
Hey Guys does anybody know how to speed up mt4,mine is getting progresively slower.Many thanks
Podge
open your task manager and go to the Process tab, then find a procces called terminal.exe right click on that select Set priority and select High.
you have to do that each time your run your MT4.
  • #134
  • Nov 4, 2009 3:05pm Nov 4, 2009 3:05pm
Quoting DubaiTrader
Is it possible to open up MT4 twice on the same account? This would be most useful for me..
try to install mt4 in to separate folders, that should do it.
  • #135
  • Nov 16, 2009 3:45pm Nov 16, 2009 3:45pm
I have been testing an Expert Advisor on the MT4 with very good results, but in all reality it would be more convincing if I can put my risk factor in. In an effort to try and not confuse it anymore, here is what I am doing.

I have an EA that enters, and closes trades per set parameters, with no Stop Loss. I am using another EA on a different Chart that Monitors the Equity. When the Equity gets to 20% loss of the Account, it closes all trades. So another words, that is my stop loss.

I would be nice if I can test this method with the Strategy Tester. If anyone knows of a way, please post. Thanks
  • #136
  • Nov 19, 2009 9:14am Nov 19, 2009 9:14am
Quoting jado911
...Set priority and select High.
you have to do that each time your run your MT4.
Hi,
I use a TaskManager-Addon which lets me, among other things, permanently set the priority for any process. It's very helpful:

http://www.prnwatch.com/prio.html


On the other hand, I think you can also just create a shortcut to terminal.exe, and add the priority as a parameter..
Regards, Lowen
  • #137
  • Nov 19, 2009 9:45am Nov 19, 2009 9:45am
Quoting jr2009
I have been testing an Expert Advisor on the MT4 with very good results, but in all reality it would be more convincing if I can put my risk factor in....
Try this EA generator, it has a code for max loss, it might be helpful.
http://www.forexgenerator.com/down.htm
  • #138
  • Nov 20, 2009 10:03pm Nov 20, 2009 10:03pm
As posted on the first page, I was wanting to know if there is anyway to program custom colors.
I want my horizontal lines on my round number indicator to be darker than the dimgray i currently have.
Unfortunatly I tried typing in for example 32,32,32 for rgb into the code but it didnt work.

any ideas or can we only program the preset colors ?
  • #139
  • Nov 20, 2009 10:18pm Nov 20, 2009 10:18pm
Quoting supermatt
As posted on the first page, I was wanting to know if there is anyway to program custom colors.
I want my horizontal lines on my round number indicator to be darker than the dimgray i currently have.
Unfortunatly I tried typing in for example 32,32,32 for rgb into the code but it didnt work.

any ideas or can we only program the preset colors ?
Provided that the relevant parameter was coded as type 'color' (i.e. which results in an arrow at the right of the field that, when clicked, summons the palette dropdown), then you should be able to type 32,32,32 into the field, and the little square icon should change to match the color that you've selected.

Is that happening? Where exactly is the process failing?

Is it that 32,32,32 is too dark to be seen on a black background chart? I tried it here, and couldn't see it easily (but then my eyesight isn't that great, LOL). Perhaps try a brighter color (e.g. 100,100,100) first, just to prove that the concept works.

Alternatively, from the dropdown palette you can select 'Custom', and then build your color from the sliders on the screen that subsequently appears.
  • #140
  • Nov 20, 2009 10:31pm Nov 20, 2009 10:31pm
lol oh i can see it just fine. im no expert coder. heck i dont even no anything but i know how to change colors and a few things like that. it was originally yellow with dotted lines so i changed all that and it worked perfect.
I just wanted to know if or how i can change it to something like 40,40,40

thankyou

ps i just made it red and a big font to stand out on here and this isnt all the code just enough so i can get wat im tryin to say across to u all


extern int HGrid.Weeks=5000; // Period over which to calc High/Low of gird
extern int HGrid.Pips=100; // Size of grid in Pips
extern color HLine=DimGray; // Color of grid

bool firstTime = true;
datetime lastTime = 0;
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
//----
if ( true ) {
firstTime = false;
lastTime = CurTime();

if ( HGrid.Weeks > 0 && HGrid.Pips > 0 ) {
double weekH = iHigh( NULL, PERIOD_W1, 0 );
double weekL = iLow( NULL, PERIOD_W1, 0 );

for ( int i = 1; i < HGrid.Weeks; i++ ) {
weekH = MathMax( weekH, iHigh( NULL, PERIOD_W1, i ) );
weekL = MathMin( weekL, iLow( NULL, PERIOD_W1, i ) );
}

double pipRange = HGrid.Pips * Point;
if ( Symbol() == "DimGray" )
pipRange = pipRange * 10.0;

double topPips = (weekH + pipRange) - MathMod( weekH, pipRange );
double botPips = weekL - MathMod( weekL, pipRange );
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