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Mt4 Ea Creator4/27/2021
But before we dive right into the wonderful world of coding, lets start with a little assistance from the Gandalf of forex robots the MetaEditor Wizard.With this tool, you can create simple forex expert advisors that can automatically analyze technical indicators or execute trades without having to write a single line of code yourself.
We dont want that. To access the MQL Wizard, just open MetaEditor on your trading platform then click New on the upper left side. On this screen, you can set the general properties of the EA, such as the name, author, and link to the source. Dont worry about these inputs just yet These default settings indicate that the EA can be applied to the current currency pair and time frame. ![]() In this example, Ill just make use of the 100 SMA and leave the rest of the default parameters as is. Just double click on each field to edit its name, value or type. You can decide to base it on a fixed number of pips, use a technical indicator, or not have one at all. ![]() In this example, Id like to trade with a fixed risk of 1 of my account on each trade, as most of my trading buddies do. Now go and impress your date by humble-bragging that youve learned to write hundreds of lines of code overnight, no biggie. And now that Im joining the human race here on Earth, Ive decided to impart my knowledge on currency trading systems with your world. Join me as I find, develop, backtest, and rate different mechanical, expert advisors (EA), and algorithmic forex trading systems. Were also a community of traders that support each other on our daily trading journey.
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