MT4

This tag is associated with 8 posts

MetaTrader 4 Client Terminal Build 482

Posted by Michael ⋅ 2013-03-11 ⋅ 1 Comment

MT4 build 482, a jump from 451, has been released on 2013-03-09. http://forum.mql4.com/54431 A key feature is item 2: Terminal: Increased the number of allowed parallel trading operations for MQL4 programs – up to 8 parallel trade requests are allowed now. This ensures uninterrupted simultaneous trading of several scripts or Expert Advisors – it means … Continue reading →

Issues when determining GMT Offset using Windows system time

Posted by Michael ⋅ 2012-04-09 ⋅ 1 Comment

A quick post 2012-02-07: I use the GetTimeZoneInformation function in the Kernel32.dll library to pull my system’s time, and hence calculate the broker time and consequently control my trading time window. Earlier today, I entered one of my VPS’s that I use for testing and discovered the GMT offset was off by an hour. I was … Continue reading →

Maximum Relative Drawdown in MT4

Posted by Michael ⋅ 2012-01-25 ⋅ Leave a comment

This post is split into 3 parts. Part 1 explains how MT4 records Relative Drawdown, which is not well understood. Part 2 will show my code to calculate Relative Drawdown against Balance just prior to a trade, which I inherently find much more useful. Part 3 shows the mql4 code for calculating and displaying this … Continue reading →