How about just using modest leverage and appropriate lot sizing for risk management? Works with any broker

How to avoid losing more money than you put into your account in MT4?

Agreed. But you're probably better off learning another language, understand proper coding, and then come to MQL. Done the other way (MQL first) you'll understand very little about efficient programming and end up with clunky code. If you take Java ...

What is the best way to learn programming and coding?

I'm sure that there's benefits to learning to code yourself. But honestly, if your goal is to be a trader (and not just a programmer) you might be better off hiring someone to code for you. If you want to be a programmer, then you're better off ...

What is the best way to learn programming and coding?

That should work - does for me. You're going to have to post an error message or something else to help you further

Printing Values on Main Window

This is something that you would think would be better laid out on the MQL web site, but its not. Printing out to the window is something like: ObjectCreate("Debug_Window", OBJ_LABEL, 0, 0, 0);// Creating obj. ObjectSet("Debug_Window", ...

Printing Values on Main Window

double X; X=Open[1] - Close[1]; if(X<0) X=X*-1; return(X);

How to remove the minus from a value?

Theres also: if(Volume[0]==1) { Alert("New Bar"); }

best was to detect new bar

Look up the Test functionality in MT 4, should give you what you need

How I can practice with mt4 ?

Sharp post

Has anyone heard of the "paint the book strategy"?

You're missing the fundamental points: 1 - An unprofitable system will lose - period. Only using it twice a day can give a false sense of security. 2 - A profitable system is a good thing, why would you stop after two trades? Again, would you want ...

Nomoretoxic's Money Management

While I appreciate the sharing on the boards, these statements simply don't make any sense. Quite frankly, it's dumb & dangerous - here's why: If you trust in the process that you have chosen for picking your trades (and its profitable in the long ...

Nomoretoxic's Money Management

I'm not an authority on it, but I think that Price Action can mean a lot of things. For some it might be the things you mentioned (Fibo, etc) but for me it's about the SMA. I take long term SMAs and apply it to short term charts and that provides my ...

Price Action for Newbies HELP WANTED!

If you really want to remove emotion, take your system and put it into an EA and let it run for you. Make sure the EA reacts the way your rules intend it and then just walk away and leave it alone - BEST way to manage emotions

New here and trying to determine my expectations

1 - Read everything in the rookie thread 2 - Read everything on url 3 - Read Forex for Dummies 4 - Read TA for Dummies Thats everything you need

BOOK Reccomendation

X2 This thread is starting to get dumb. OP has been given solid advice on *numerous* occasions and still refuses to accept it. Either take the advice or leave the forum - this is getting old.

AUD/USD Pls help me get out of this hedging MESS !!!

That code is basically already here. Look on the first page of the thread where he iterates through the orders. That will let you see how its done.

MQL4 Guide

No market responds better to TA than forex. If you want to trade fundamentals, stick with NYSE. But if you insist on Forex, fundamentals might only make 10% of your decision - look at what the chart is telling you.

Information Assimilation

i dont have experience with the live account (only demo) but IBFX seems to be very good

I Need A MT4 Reliable Broker

I'm actively programming my robot right now. 1 - Its not that difficult, people make it complex. I'm using the advice of some of the profitable traders on here and just making it a simple SMA detecting bot and trading off that. 2 - I like taking the ...

Trading Robots what's your opinion on this?

I had the same problem. Here's the answer: You want to make sure that your code includes something like if(Volume[0]==1) { //put your trade code in here } That means that it will only trade if a new bar just opened. So, on a daily chart, it would ...

Need Help - Trade on trade on Daily Chart