mt4

[Elby 0]

I have purchased an EA from the MT4 website,  I cant find away to load it onto ig mt4 terminal. Unable to login into MQL5 community to activate it

 

thanks 

 

Elby

[Caseynotes 1,409]

Hi 

 

Have a look at this;  https://www.mql5.com/en/articles/498

 

 

 

[Caseynotes 1,409]

Interesting mt4 (also mt5) ea that sets up auto execute entries based on your own trend, channel, or support and resistance lines. Could be useful for the higher time frame trader not able to sit at the computer all day. Free download.

 

https://www.earnforex.com/metatrader-expert-advisors/ChartPatternHelper/

 

 

[Caseynotes 1,409]

Interesting MT4 Heiken Ashi EA complete with back testing stats and download for MT4 & MT5.

 

https://www.earnforex.com/metatrader-expert-advisors/Heiken-Ashi-Naive/

 

 

[Caseynotes 1,409]

Hi    Just to report a mystery spike on MT4 BTCUSD yesterday 1 minute bar 16:16. Seen here on the 1 hour chart.

 

 

 

[JamesIG 283]

thanks caseynotes - I'll forward this onto Tim to have a look at and report back. 

[Caseynotes 1,409]

Interesting EA to play with, 'News Trader' full description and free download.

 

https://www.earnforex.com/metatrader-expert-advisors/News-Trader/

 

[Caseynotes 1,409]

3 useful keyboard shortcuts info-graphics for MT4. Didn't know there were so many and including 'undo' for some procedures.

 

https://www.forexcrunch.com/shortcuts-making-trading-easier/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost

 

 

 

 

[Caseynotes 1,409]

Dollar Basket (DXY) as an indicator in second window for MT4 and 5, free download.

 

https://www.earnforex.com/metatrader-indicators/USDX/

 

 

 

 

[Kodiak 49]

Caseynotes

Seems you know how to use metatrader

Is there any major difference between a virtual server (metatrader virtual server)

And Beeks vps (IG) 

"

You can also use your VPS to trade using MetaTrader 4 from any computer, just by logging in to your VPS. 

Our VPS is provided by Beeks, and is available completely free of charge to clients who maintain a balance of £5000 or more. Otherwise, it costs £50 per month."

https://www.ig.com/uk/metatrader-4-platform

 

except the price? 

 

[Caseynotes 1,409]

@Kodiak, I really don't know too much about these myself, never really got into actually running EAs.

I suspect any vps should do the same job no matter the provider (Metatrader or Beets via IG) therefore should just be down to a matter of cost.

Hopefully some who uses them can pitch in with a view.

[Kodiak 49]

17 minutes ago, Caseynotes said:

@Kodiak, I really don't know too much about these myself, never really got into actually running EAs.

I suspect any vps should do the same job no matter the provider (Metatrader or Beets via IG) therefore should just be down to a matter of cost.

Hopefully some who uses them can pitch in with a view.

Ok, I think with Beeks vps its possible to run more than one mt4 at the same time?

 

https://www.metatrader4.com/en/trading-platform/help/virtual_hosting/virtual_hosting_migration

[Caseynotes 1,409]

https://www.beeksfinancialcloud.com/  ,

though as in PRT can't be sure if IG has a full version.

Price wise IG price matches Beeks 'Silver' package.

Edited March 1 by Caseynotes

[Kodiak 49]

Found this about download data and backtesting MT4

https://quivofx.com/school/metatrader-4-strategy-tester/

 

[TrendFollower 587]

@Kodiak,

I have been suggesting for a while that forward testing is extremely important when trying to optimise a trading system. Unless the market conditions, economic conditions, political conditions or what ever happens to move that particular asset are the same or very similar then forward testing will not necessarily provide results and data similar to backward testing. 

You need to have some form of ratio so for example for every three to five years you go back then you forward test one year, etc. 

If you are trading Commodities for example and Cocoa in particular then unless the conditions are similar for the back testing period for when you forward test then the data can be unreliable hence why a lot of traders lose money. They conduct extensive backtesting then also do forward testing but cannot understand why their trades are not as profitable even when backtesting a period of 10 to 20 years!

Variables one must consider are:

• Market Conditions
• Economic Conditions
• Political Conditions
• Supply / Demand for the specific asset (especially Commodities)
• Market Sentiment

One must conduct 'Walk Forward Analysis' to try and best optimise your trading system. 

[Caseynotes 1,409]

Thanks for sharing @Kodiak,  very good detailed and informative article on how to use the built-in MT4 Strategy Tester function from setting up to back-testing to running on a demo account.