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
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
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
One of the most important rules when trading forex or any other instrument is Risk Management! Risk Management involves a set of rules to keep your account safe from unexpected events and “unlucky” times, it makes the difference between a … Read more
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
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
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
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
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
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
