Australian (ASX) Stock Market Forum

Expert Advisors - Q & A etc.

Jump to new
Stormin_Norman said:
oh nice! MB trading are using MT4! i didnt realise that. im changing my EAs over soon then!

ill be waiting however for ATC to get more capitalisation i think; and hotspot has gotten some bad reviews about the place; about pretending to be a ECN, but not really being one.
Click to expand...

Here is a list of MT4 brokers and I deleted hotspotfx `cause they aren`t MT4 ...

MT4 Brokers (don`t know which ones are ECN/STP)

Alpari UK http://www.alpari-idc.com/en/metatrader4/
Alpari US http://www.alpari-us.com/en/metatrader4/open-demo-account.html
MIG Investments http://www.migfx.ch/trading/open-90-day-demo-account/
Interbank FX https://secure.ibfx.com/accounts/opendemo.aspx
FXDD http://www.fxdd.com/en/forex-trading-software/platform-comparisons.html
Forex.com
(Gain Capital) http://www.forex.com/forex-metatrader.html
FXCM http://www.fxcm.com/metatrader.jsp
FIBO Group http://www.fibogroup.com/pages/285
TradeView http://www.tradeviewforex.com/Free_Practice_Account.php
Admiral Markets
(fxservice.com) http://www.fxservice.com/?p=2906
EuroForex http://www.euroforex.net/download.php
Forex Ukraine http://www.forexua.com/trade/mt4
FX-Pro http://www.fx-pro.com/index.php?option=com_content&task=view&id=47&Itemid=122
Vector Securities http://icvector.com/?id=25
KVB
(ForexStar) http://www.kvbkunlun.com/web/en/ProductsAndServices/Forex_download.html
Orion Brokers http://www.oriongfs.com/downloadmt.php
PFEC http://www.eforex-asia.com/about_the_company.html
Real Trade http://www.realtrader.org/en/page/?id=6
BulBrokers http://www.finance.sts.bg/i/?p=downloadMT4
CGTIM http://www.cgtim.com/index.php?option=com_content&task=view&id=19&Itemid=32
LiteForex http://www.liteforex.org/metatrader.php
ODL Securities http://www.odlsecurities.com/usa/metatrader4_demo_fx.html
Varengold https://service.varengold.de/fxdemo/?ibid=franciscomartinez
Crown Forex http://www.crownforex.com/en/download_center/trading_platform.aspx?type=platform
Active Trades http://www.activtrades.com/index.aspx?page=forex_downloads
X-Trade Brokers https://www.xtb.pl/strona.php?p=99&cp=1
Global Futures https://www.globalfutures.com/secure/webforms/platform.asp?platform=mt4
Forex Arabia http://forex-arabia.com/body.aspx?dest=account/opendemoaccount.htm&ht=800
Broco http://www.brocompany.com/brokerage-services/trading-platform/broco-trader/
ATC Brokers http://www.atcbrokers.com/forexpro_platforms_demo.php
FastBrokersFX https://secure.fastbrokersfx.com/demofx/fx/fx/index.php
 
i use:

Interbank FX
FXDD
FXCM

to spread my risk around (i dont really trust any of them :D)

i run a small account on each, with a different EA system on each.

my main forex account is with OandA.
 
Would you know how to code a custom indicator?

A Rate of Change of a Moving Average Indicator used to signal Trend Strength.

Something along these lines.

[Moving Average Value(x) - Moving Average Value(x-a)] / ATR(y)

Plain english this means take the value of the moving average from the last candle on the chart. Take the value of the moving average say a=5 candles ago. Then divide this number by an ATR(value y for example)

The variables that need to be able to be modified in this formula would be the length of the Moving Average. Say Moving Average = 200 Period. The Number of Candles ago we compare to. For example the Moving Average Value say 20 Candles ago, and the ATR Value.

Use the ATR to measure the Rate of Change because the ATR is a more true representation for each chart because each chart has different ATR's.

This would basically measure the slope of the Moving Average. The higher the slope the better the trend. Does this sound like a feasible indicator.

This sort of indicator could be very useful for designing an EA.

For example it could be useful for identifying if there is a Trend or Not.

If say the Rate of Change of a moving average was not high enough then no trade for a trend following system.

Just an idea.
 
we use a similar thing in one of our EAs. however we dont have it programmed in as a indicator however; the EA just calculates it itself from the MA values of the last x periods.
 
ive looked into them and talked to them on the phone.

i like how u can trade many markets, not just currencies on the mt4 platform.

im definitely considering moving my EA accounts back to them.

how do u find them?
 
The auto-trading championships for 2008 finished on the 26 Dec. with the winners below. Starting amount was a virtual $10,000 USD and the contest ran for 13 weeks.

1) Liliput

Ruler (USDJPY daily)$169 609 USD

2) PrizmaL

PrizmaL (EURGBP 5 minutes)$156 650 USD

3) abeiks

Indian (EURGBP 15 minutes)$155 937 USD

albeiks, whom ran third, has his EA up for sale at a $1000 USD.Brokers must quiver when these guys sign up for an account.
 
Wysiwyg said:
The auto-trading championships for 2008 finished on the 26 Dec. with the winners below. Starting amount was a virtual $10,000 USD and the contest ran for 13 weeks.

1) Liliput

Ruler (USDJPY daily)$169 609 USD

2) PrizmaL

PrizmaL (EURGBP 5 minutes)$156 650 USD

3) abeiks

Indian (EURGBP 15 minutes)$155 937 USD

albeiks, whom ran third, has his EA up for sale at a $1000 USD.Brokers must quiver when these guys sign up for an account.
Click to expand...

do u have a link for the EA sale?

see. it is possible to make big returns on the currency market.
 
Stormin_Norman said:
do u have a link for the EA sale?

see. it is possible to make big returns on the currency market.
Click to expand...

key thing is that its using virtual money, the EA's they used could be very risky and they just 'lucked' out not blowing an account... i know id push an EA to the boundaries to win a comp like that....

the ibfx mini one for live accounts i feel is more reliable as an indicator but still anyone with reasonable cash can enter with $250 USD with little risk...

theres one by nordmarkets in feb that im signed up for however still virtual cash, good to see more of these style comps :):)
 
yeah we have an EA that can return 60,000% PA.

but itll blow up every 2 weeks.

i wanted to see if it was a martingale system. like those ones usually are.
 
Tradestations Easy Language is obviously a much more user friendly operation to set up a rule based auto-trader.I wonder why MT4 is more widely used when it is more inclined to computer programmers rather than traders.

I mean who wants to spend months/years learning how to efficiently use the Meta Quotes Language. :confused:

Tradestation subscription costs around $350 AUD per month and is probably an inhibiting factor.
 
$350/month would be.

+ the community that's built up around MT4. just like windows, just cause its popular, doesnt mean its the best - but because its the standard it is entrenched in people's thinking.

have u used tradestation?
 
Stormin_Norman said:
$350/month would be.

+ the community that's built up around MT4. just like windows, just cause its popular, doesnt mean its the best - but because its the standard it is entrenched in people's thinking.

have u used tradestation?
Click to expand...

I bet there are alot like me who think the MQL is not something we want to make a career out of.

No I haven`t used Tradestation and have only branched into trading CFD and forex through IG over the last 12 months.There is something better in every universe so I`m on a crusade to find the most efficient and user-friendly trading platforms, software and systems to become a better trader.

A steep learning curve at the moment.
 
a chart's a chart to me. and ive hooked up with a computer programmer who programs the logic for me. so that saves me learning the language, i can just get someone else to bang their head :banghead: against the computer.
 
Stormin_Norman said:
a chart's a chart to me. and ive hooked up with a computer programmer who programs the logic for me. so that saves me learning the language, i can just get someone else to bang their head :banghead: against the computer.
Click to expand...

thats handy to have...the reason for mt4's success i believe is because as someone said, its the standard.... how many retail forex brokers offer it? heaps, so the advantage is if you learn it once your sweet for most brokers. Unlike the java type ones that are broker specific and take time to re-learn all the indicators etc every time u change brokers
 
Hi all,

Anyone got the skills to program an EA with this indicator??

Have a good one... Going Live with FapTurbo EA tomorrow... :)

54935641da1.jpg
 
Top