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Well.
What is 5 digits and what is 4 digits broker?
If you see the price like that so it is 4 digits:
It is 5 digits:
Why we are talking about 4 or 5 digits?
Because almost all EAs were coded for 4 digits broker.
Which brokers are using 5 digit price?
Alpari UK and some others.
IBFX is 4 digits.
EAs for 5 digits updated.
1. NewsTrader_v5.3 EA. Look at this post https://www.mql5.com/en/forum/175898/page61
2. Mandarine EA. Use mandarine_5d EA with 5 digits broker: https://www.mql5.com/en/forum/173363
By the way, if you use
PointRatio = 10
so it is for 5 digit broker.
If PointRatio = 1 so it is for 4 digit broker (in the settings of the EA - I am using Igorad's code).
If the broker desided to add the other 5 digits to the price so we will add the other 5 zeros to this settings PointRatio ).
3. MaChannel for 5 digits: inside zip file here https://www.mql5.com/en/forum/general
Same: we can use PointRatio.
4. DayTrading3 EA. Fixed version with timefilter for 5 digits (inside zip file): https://www.mql5.com/en/forum/173369/page6
5. StepMAExpert_v1.45 EA. Inside zip file on this post: https://www.mql5.com/en/forum/173375/page9
Please be sure that you changed indicator as well (new indicator for 5 digits were recoded - inside same zip file). So, this settings (PointRatio) will not work here if you did not change indicator to 5 digit or to opposite 4 digits way.
6. StepMAExpert_v1.42 EA. Inside zip file on this post: https://www.mql5.com/en/forum/173375/page5
7. Scalp_net_v1.3 EA. Use Scalp_net_v1.3_5d EA from this post: https://www.mql5.com/en/forum/173371/page7
8. Scalp_net_v1.3.2_tf EA. Use Scalp_net_v1.3.2_tf5d for 5 digits broker from this post: https://www.mql5.com/en/forum/173371/page15
Other EAs will be uodated as well. I just want to be sure that everything was coded with no errors.
EAs for 5 digits updated continuing.
9. GoldWarrior02b.3 EA. The 5 digit version attached to this post https://www.mql5.com/en/forum/173370/page14 inside goldwarrior_5d.zip file. Please update indicator as well (DayImpuls indicator) as new version for 5 digit broker are in the same zig file updated.
10. Envelope 2.13.1 EA. This EA (improved by mrtools) is working good with 5 digits broker https://www.mql5.com/en/forum/173366/page25
It depends on the system and EAs ...
If EA is swiched off (in the way of EA turned off in the MetaTraders settings. or in the way of close your computer) so EA will not work. Will not work means: will not open and close and process the trades. If you had some trades so it may be closed based on stop loss or take profit which you put before.
For example, 2 persons are trading.
1 opened buy for GBPUSD, placed stop loss and take profit, closed computer and went to sleep.
The other one opened buy for GBPUSD, did not place stop loss and take profit values and went to sleep.
1st person: the trade may be closed at night with computer closed. Because the trade had stop loss and take profit.
2nd person: the trade will be opened and he may get margin call (can lose all money on deposit).
quick question about EA
this is my first post in this forum and im impressed with the amount of feedback the admins to put into this site.. i join the elite section 2 days ago.
my question is when i am running a ea and it opens a order, will it continue with the order even if i had to restart MT4 or the computer... or say i turned off the ea over the w/end with open orders from the EA. i been using alpha, goldwarrior, SBS, step
also i was running SBS or alpha i think (not sure if it was this EA now) and it opened 3 pending orders with lot sizes of 1.3.... i did some adjustments to the settings so it opens .1 lot sizes from now on.. with the current orders still pending do i have to manually adjust the lot sizes to .1 from 1.3 or will the ea do the adjustment when the order is fulfilled? or do i have to delete the pending orders and wait again for it to reopen new pending orders?
It depends on the system and EAs ...
If EA is swiched off (in the way of EA turned off in the MetaTraders settings. or in the way of close your computer) so EA will not work. Will not work means: will not open and close and process the trades. If you had some trades so it may be closed based on stop loss or take profit which you put before.
For example, 2 persons are trading.
1 opened buy for GBPUSD, placed stop loss and take profit, closed computer and went to sleep.
The other one opened buy for GBPUSD, did not place stop loss and take profit values and went to sleep.
1st person: the trade may be closed at night with computer closed. Because the trade had stop loss and take profit.
2nd person: the trade will be opened and he may get margin call (can lose all money on deposit).wasnt quite the answer i was looking for.. its all good... i know if the computer is off or if i switch ea off the ea wont work... what i meant was lets say the ea opens some orders, then i restart the computer and mt4, will the EA recognise those open orders already as its own and continue with those orders or re open new order... example envelope 2.11 has open a sell order, then i restart the EA or PC, will its recognise the orginal order opened previously and continue with that ?
wasnt quite the answer i was looking for.. its all good... i know if the computer is off or if i switch ea off the ea wont work... what i meant was lets say the ea opens some orders, then i restart the computer and mt4, will the EA recognise those open orders already as its own and continue with those orders or re open new order... example envelope 2.11 has open a sell order, then i restart the EA or PC, will its recognise the orginal order opened previously and continue with that ?
Yes, of course (in most of the cases). The EA are recognizing the orders according to the name of pair and magic number.
It is in the most of the cases (not for all the cases as it depends on trading system/EA).
Hi everyone,
I'm impressed by the amount of efforts done by Admins here, so I sign up for the elite section here. Yup Im new herein forex-tsd and Im amazed!
newdigital, I'm always interested in using eASC Trend developed by you, but
Im still overwhelm with so much info here, I need your help to confirm the followings,
1) which version/template is the final one developed?
2) Is the BrainTrading system version 7 the exact copy of eASCTrend?
(I maybe be confused here too, I so sorry about my slow brain here)
3) Other wise, Is there any new indicator(not EA) which its much better
than eASC-Trend? Well, I'm a hand-on person,who needs to trade without EA , So I dont trade with EA. Would you recommend some Sir?
Thanks a Million.
Hi everyone,
I'm impressed by the amount of efforts done by Admins here, so I sign up for the elite section here. Yup Im new herein forex-tsd and Im amazed!
newdigital, I'm always interested in using eASC Trend developed by you, but
Im still overwhelm with so much info here, I need your help to confirm the followings,
1) which version/template is the final one developed?
2) Is the BrainTrading system version 7 the exact copy of eASCTrend?
(I maybe be confused here too, I so sorry about my slow brain here)
3) Other wise, Is there any new indicator(not EA) which its much better
than eASC-Trend? Well, I'm a hand-on person,who needs to trade without EA , So I dont trade with EA. Would you recommend some Sir?
Thanks a Million.I hope you don't mind that I answer some of your questions.
ASC Trend is more related to eASC Trend. Brain Trading is a different development.
If you like ASC Trend you could take a look to Lab Trend
I hope you don't mind that I answer some of your questions.
ASC Trend is more related to eASC Trend. Brain Trading is a different development.
If you like ASC Trend you could take a look to Lab TrendGreat!
Appreciate very much for the link, Linuxser! Thanks a million.