This tag is associated with 8 posts

MetaTrader 4 Client Terminal Build 482

MT4 build 482, a jump from 451, has been released on 2013-03-09. 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

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, IĀ 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

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



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