Expert Advisor – PSAR 1.0
The Parabolic SAR, also known as PSAR, is a good indicator to follow a trend. This can also be used in some instances as an entry signal and/or trailing stop value. In this article you can see and download an … Read more
How to Disable Trading when the Spread is too Wide
There are times when the spread suddenly increases and depending on your trading strategy and style you may want to stop trading when this happens. In this article you will see how with some simple MQL4 code you can tell … Read more
Expert Advisor – Bollinger Bands Breakout 1.0
The Bollinger Bands Indicator is one of the most popular, it can be used for breakout strategies as well as reversal. In this article you can download an Expert Advisor for MetaTrader4 that will use the Bollinger Bands breakout as entry … Read more
Expert Advisor – Bill Williams Alligator 1.0
One of the most popular indicators of Bill Williams is the Alligator. It is a pretty simple indicator which uses three moving averages with different periods and shifts. In this article you can download an Expert Advisor for MetaTrader4 based … Read more
How to Execute an Action only Once per Bar with MQL4
When you read about the tick and MQL4 you learned that the tick is a trigger for a portion of code. You also learned that generally there are more ticks happening in a candlestick, whether this is a short or long … Read more
Expert Advisor – Stochastic Oscillator 1.0
The Stochastic Oscillator is often used to check for overbought and oversold situation and in many cases it can be also the trigger for orders. In this article you can download an Expert Advisor for MetaTrader 4 that uses the … Read more
Expert Advisor – 2 MA Crossover 1.0
One of the most popular and simple trading strategies involves the use of a slow moving average and a fast moving average and using as entry signal the crossover of the two. In this article you can download the Expert Advisor … Read more
How to Modify Orders in MQL4
In previous articles you learned how to open orders, close orders and scan the existing orders. As you should already know, orders can be also modified, for example for pending orders you may want to change the open price, or, … Read more
How to Close Orders with MQL4 Code
In previous articles we saw how to open new market orders and how to scan the account for open orders, to close the cycle we also need to learn how to close orders with the function OrderClose() . At this point … Read more
How to Scan for Open Orders with MQL4
Expert Advisors can be very tricky to design, when you plan an EA you need to consider that it just follows your rules so be careful about what you tell it to do. An important step when running an expert … Read more