Questions: to start with MetaTrader and forex - page 97

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how to create metatrade real account
 
how to create real account mt5
 

  1. What is MetaTrader? MetaTrader is a popular platform for trading forex and other financial markets. It offers a range of tools and features for analyzing the market, executing trades, and managing your portfolio.

  2. How do I start trading with MetaTrader? To start trading with MetaTrader, you'll need to download and install the platform on your computer or mobile device. You'll also need to open an account with a forex broker that supports MetaTrader.

  3. What do I need to know about forex trading? Forex trading involves buying and selling currencies with the aim of making a profit. It's important to have a solid understanding of fundamental and technical analysis, risk management, and trading psychology before getting started.

 
Find good broker.
Learn about analysis, risk management and emotional intelligence (self control, discipline and patience)
Follow your rules and strategies.
Get together with collegues to get motivated.
 
Ashok Kumar #:
how to create metatrade real account

read below -

Forum on trading, automated trading systems and testing trading strategies

Questions: to start with MetaTrader and forex

Sergey Golubev, 2021.02.10 14:29

You need to read the manual: MetaTrader 5 Help - Trading Platform — User Manual 

Open demo account with any broker and try to trade with 0.01 lot size.

----------------

Find Metatrader broker (there are a lot of Metatrader brokers, use google to find), and open the account according to their condition on their websites.
Try with demo first.

1. The article - MQL5.community - User Memo 

2. MetaTrader 5 Help - Open an Account

3. Where Do I start from?
https://www.mql5.com/en/forum/212020 

4. MetaTrader 5 Help - Trading Platform — User Manual 

5. How to make a search on the forum
https://www.mql5.com/en/forum/193510 

6. Find a Server by the Broker's Name: 
https://www.mql5.com/en/forum/214820


 

I am creating an MT4 indicator that will look a little like the RSI indicator. I have the basic functionality working. In very simple terms my indicator is plotting the difference between 2 Moving Averages. The result should plot a line (in a separate window) on a scale of 0 to 100. The difference between the 2 Moving Averages could be positive or negative, small or large. I want any negative values to be plotted as 0 to 50, and positive values as 50 to 100. There will be 2 indicator levels (values to be determined, but maybe 40 and 60) as in the RSI.

The RSI.mq4 uses the following to achieve this (I think):

if(ExtNegBuffer[InpRSIPeriod]!=0.0) {

    ExtRSIBuffer[InpRSIPeriod]=100.0-(100.0/(1.0+ExtPosBuffer[InpRSIPeriod]/ExtNegBuffer[InpRSIPeriod]));

} else {

    if(ExtPosBuffer[InpRSIPeriod]!=0.0) {

        ExtRSIBuffer[InpRSIPeriod]=100.0;

    } else {

        ExtRSIBuffer[InpRSIPeriod]=50.0;

    }

}

I don't really understand this code, particulary as it has positive and negative buffers, which I don't have. My (inadequate) code is as follows:

// Get the difference between the 2 MA buffers ExtDiffBuffer[i] = ExtFastMABuffer[i] - ExtSlowMABuffer[i];

How can I expand on this to get the similar effect as the RSI? That is to say, ranging from about 0 to about 100.

Any help much appreciated. Regards, StuartM

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