Yeah, that would be different to MT4 in case of an overnight rollover, but actually it would be even better. Because overnight interest on LONG+SHORT of the same amount of the same currency pair is always negative in MT4 compared to zero rate (as ...

NEW MT5 Seriously Stuffed For Traders Platform

Are you adding it from the "Custom Indicators" tab? Try adding it from menu Insert->Indicators->Trend->Moving Average. Or just enter "1" in the MA_Method input parameter.

Meta Trader - EMA

It's a technical analysis, except for it doesn't involve any indicators.

Price Action Trading

That movement probably had nothing to do with the news. Fundamental indicators and news aren't the only forces that move the currency rates.

GBPJPY fundamental analysis question

Why do you think it will be any different if the trade is done in a different timeframe? What timeframe has to do with the positions/orders? Timeframe is a property of chart, not a trade.

NEW MT5 Seriously Stuffed For Traders Platform

Yes, but China isn't a good example for currencies as 1) its economy is quite closed and 2) its currency rate is very regulated by the financial authorities and they try to keep it very undervalued (that's why by PPP yuan is very undervalued against ...

Fundamentals: Inflation and currencies

Inflation can both lead to some factors that would increase the price of a currency and be an indicator of some process that leads to currency appreciation. I don't think that inflation can alone be a reason of the currency growth.

Fundamentals: Inflation and currencies

I don't quite understand why do you keep calling it a SELL limit trade. I don't think it's relevant to the discussion but anyway... The SELL order just closes our LONG position. That's completely the same (except for swaps) as opening a SHORT ...

NEW MT5 Seriously Stuffed For Traders Platform

It's missing OnTrade() event handler. But on the second thought, I think it can be compensated with a very complex system of internal ticket number storing and monitoring (using OnTick()), but that's quite ineffective solution.

Plz Metatrader ,Make some tool for mq4 indicator for converting!!

Faster gain of GDP is potentially positive (as is the inflation) because the central bank has more reasons to increase the interest (currently at 2% in Korea). Higher interest rate can attract more carry traders and investors, which will improve the ...

So what does something like this mean?

Actually the purpose of Beta testing is to find and fix the disadvantages of the platform. If you don't like something about MT5 you can submit your suggestion to MetaQuotes. Being paranoid about it is rather fruitless behavior, in my opinion.

NEW MT5 Seriously Stuffed For Traders Platform

Yes, with the current state of affairs it looks like with MT5 we'll have to use different accounts for different EAs/Strategies in case they don't use different currency pairs. But I hope it will change somehow in the future releases of MT5.

NEW MT5 Seriously Stuffed For Traders Platform

Inflation can be good for almost any currency as it will make the central bank increase the reference interest rate, offering more attractive interest rates on bonds and debt market for the foreign investors to move in. Also, higher inflation ...

Fundamentals: Inflation and currencies

I still hope that they add "MT4 mode" or something to MT5 .

MetaTrader 5!! - Download Link

In that case the same result is achieved by closing the long position with short trade and then re-opening it with the long trade. Actually in MT5 that's achieved with 2 opened/closed position and 4 trades, the same as in MT4. Please, re-read the ...

NEW MT5 Seriously Stuffed For Traders Platform

Sorry, but I didn't miss it. We made a sell trade but it didn't open a sell position. It closed a long position (which is virtually the same as leaving the long and open the short in MT4). If we'd opened a sell position. The result would be ...

NEW MT5 Seriously Stuffed For Traders Platform

As I have said that abstraction isn't possible to be written using the current functions of MQL5. Maybe with some external tool like DLL it can be. But not with the MQL5 alone. That's what keeping me and other coders from converting old EAs from ...

Plz Metatrader ,Make some tool for mq4 indicator for converting!!

aquaart, I hate to sound rude or impolite, but your basic premise is incorrect in this thread. I am not going to protect MT5 position model (nothing to protect yet, as it's still in beta), but your statement that with MT5 model you have to pay more ...

NEW MT5 Seriously Stuffed For Traders Platform

Brokers work 5/24. Depending on your time zone Saturday or Sunday can also be affected. The broker's servers work 24 hours per day that means that you can trade anytime. Their support is not always available 24 hours per day.

newbie questions - what are broker timings?

Sorry, but did you try to code some old EA with the MQL5? I did. First, I've thought that I'll be able to just substitute old fucntions and expressions with some new constructions and sets of the functions, but it turned out that it's quite ...

Plz Metatrader ,Make some tool for mq4 indicator for converting!!