History CenterTechnical analysis is the market movements research made in order to forecast future price movements. the market is often analyzed using charts. So it is very important to have available historical data for all symbols and timeframes used....
Sunday, November 18, 2007
Configuration at StartupThe client terminal can be launched with some predefined settings. For this purpose, the configuration file name will be passed to the client terminal as a parameter.For example: terminal.exe config\start.ini terminal.exe test1.txt...
Removing of a Custom Indicator from the ChartTo shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands...
How to Attach Custom Indicators to a ChartAfter general setup has been completed, one can attach custom indicators to the chart. A custom indicator can be imposed into the active chart by a double click with the left mouse button on it in the "Navigator...
Custom Indicators SetupIndicators must have been set up before they are used. Working parameters common for all custom indicators (and experts) are set up in the client terminal settings. The corresponding window can be opened by the "Tools — Options"...
Creation of Custom IndicatorsTo create custom indicators, one has to use MetaQuotes Language 4 (MQL 4) and MetaEditor. To launch the editor, one has to execute the "Create" command of the "Navigator — Custom Indicators" window context menu, or the "Tools...
Custom IndicatorsCustom indicator is a program independently developed in MetaQuotes Language 4 by the user and functioning as a technical indicator. Technical indicator is a mathematical transformation of security price and/or volume in order to forecast...
Optimization ResultsAfter optimization has been completed, its results can be viewed in the tabs of "Optimization Results" and "Optimization Graph".Optimization ResultsUnlike testing, optimization is supposed to perform many passes of the mechanical...
Optimization SetupOptimization represents consecutive passes of the same expert with different inputs on the same data. At that, such parameters can be taken that make the expert efficiency maximal. The terminal possesses in-built means that allow to...
Optimization of ExpertsOptimization represents successive passes of the same expert advisor with different inputs on the same data. At that, such parameters can be sorted out at which the expert efficiency will be maximal. Terminal possesses some built-in...
History Files in FXT FormatIn its operation, tester uses an *.FXT file with generated succession of bars. Each record of the generated succession represents the bar status at either moment within one bar. When modeling bars, tester takes other bars from...
Testing ResultsAfter the testing has been completed, one can see the results thereof in the tabs of "Results", "Graph", "Report", and "Journal".ResultsInformation about all trade operations performed is given in this tab as a table:# — the trade operation...
Setup of Testing ParametersBefore starting to test expert advisors, one has to perform the setup. This means that one has to:select an expert and set up its inputsselect a symbol and its periodselect one of three modeling methodsset the testing time...
Strategy TestingThe terminal allows not only write expert advisors, but also test them before using. This useful function allows to check operativeness and efficiency of the trading system on history data. Testing allows to start automated trading with...
Expert ShutdownTo shut down an expert, one has to remove it from the chart. Expert must have been deinitialized before it is shut down. To remove an expert from the chart, one has to execute the chart context menu "Expert Advisors — Delete" command or...
Launch of an Expert AdvisorAfter general parameters have been set up, experts can be launched. To do so, it is enough just to attach the expert to the chart. The "Attach to a chart" command of the "Navigator — Expert Advisors" window context menu or...
Expert SetupBefore using of experts, one has to set them up first. Working parameters common for all experts are defined in the client terminal settings window. This window can be opened by the "Tools — Options" menu command or by pressing of accelerating...
Creation of an ExpertTo create experts, one has to use MetaQuotes Language 4 (MQL 4) and MetaEditor. To launch the expert editing program, one has to execute the "Create" command of the "Navigator — Expert Advisors" window context menu, or the "Tools...
Expert AdvisorsExpert Advisors (experts) are programs in the terminal that have been developed in MetaQuotes Language 4 (MQL 4) and used for automation of analytical and trading processes. They allow to perform prompt technical analysis of price data...
MetaEditorMetaEditor is a constituent of the client terminal. It is intended for creation, editing, and compilation of program source codes written in MetaQuotes Language 4 (MQL4). It can be used in developing of experts, custom indicators, scripts and...
MetaQuotes Language 4MetaQuotes Language 4 (MQL 4) is the language for programming of trade strategies built in the client terminal. It allows to write custom expert advisors that automate trade processes and ideally suit for implementation of traders'...
Auto TradingTo work at financial markets more effectively, one can develop one's own successful system of trading. It is very difficult to act within a chosen system of trading in the manual mode due to significant influence of normal human emotions....
Deletion of a Pending OrderIf market situation has been changed, there can occur a necessity to delete a pending order. To do so, one has to execute the "Modify or Delete Order" pending order context menu command or double-click with the left mouse button...
Modifying of Pending OrdersWhen working at the market, one often needs to modify or delete the placed pending order. To do so, one has to execute the pending order context menu command of "Modify or Delete Order" or double-click with the left mouse button...
Placing of Pending OrdersTo place a pending order, one has to open the "Order" window. This can be done by the "Tools — New Order" menu command, the button of the "Standard" toolbar, by pressing of F9, by the "New Order" command of the "Market Watch"...
Position CloseBuying or selling of a security opens a trade position. Then, in order to gain profit of the bid-and-ask price differences, one has to close the position. The latter trade operation is reverse towards to former one. For example, if the...
Modifying of PositionsModifying of the current position consists in setting of new levels of Stop Loss or Take Profit attached to it. To modify a position, one has to execute the "Modify or Delete Order" command of the opened position context menu or...
Open PositionsOpening of a position, or entering the market, is the first buying or selling of a certain amount of the security traded. Position can be opened either by execution of a market order or by automatic triggering of a pending order.Market...
Trade PositionsThe fundamental and simple rule of profitable trading at financial markets is to buy cheaper and sell dearer. Thus, the entire trading activities at financial markets come to the successive operations performed to sell or buy securities....
Types of ExecutionThere are three order execution modes in the client terminal:Instant ExecutionIn this mode, the order is executed at the price offered to the broker. At sending the order to be executed, terminal sets the current prices in the order....
Subscribe to:
Posts (Atom)
