Forum

Extend MQL!!

Before I start, I want to say this is a great forum and I wish to make my first contribution . I noticed a lot of programmers are using OrdersTotal() to get the total number of orders in order to determine whether to open a new position or not. However, I feel that most of us may be running multiple

Exit strategies

After trading for some time, I came to realize that a good entry strategy is not as important as a good exit strategy. Some of you may disagree with me but I believe if you are able to use a good exit strategy, you would not need any take profit or stop loss levels because the exit strategy will

GridMACD

I am delighted that GridMACD has won the April contest. As I am not an Elite member, I do not have access to the Elite area and thus I am unable to answer any questions there. So I am opening this thread to discuss GridMACD. For non-Elite members, I am sorry but I will not be posting the EA here. It

Some thoughts on testing and designing EAs

I have been testing some of the EAs found here. After some thought, I think most of the EA back tests or forward tests that are given here is not accurate. Why? Because most EAs only open new orders when certain conditions are met but only if there are no existing orders. That means unless the