How to Create a Trading Robot in the MQL5 Wizard of MetaTrader Platforms
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- Опубликовано: 23 сен 2015
- Even if you are not a programmer, you still may develope your own trading robots and technical indicators in MetaTrader Trading Platforms. Using MQL5 Wizard you can assemble a robot without writing a single code string.
Guys, just a warning. Learn about trading, learn about technical analysis, and come up with trading systems before you do this. If you just open up a wizard, slap on a few indicators/parameters and then "optimize" for best hindsight values without any idea of what the actual technical patterns are in price movements, you're going to come up with trash. But with the right understanding, and maybe some programming skill, this stuff is very very powerful. That's not to say backtesting optimization can't be useful, it's just that you can take any amount of historic data and bruteforce a bunch of different combinations of trade trigger/management parameters and always come up with something that works best on that data set, but it won't work well in the future if it's just a dumb optimization like that. It has to be based on something that actually is a technical pattern in the markets which is why you need to learn this stuff first.
wont i know if it works if i test it enough times
@@arun_thoma5 Probably. But the problem is, optimization can actually require a shitload of computer power/time unless it's on limited data sets or very simple and few parameters to change. So without first crafting some kind of technical understanding/edge to begin with, if nothing is being done but brute force testing, expect to be doing weeks/months/years of optimization to come up with some solid results, unless you get lucky. Even then, you got to interpret those results and make sure you apply the parameters for the right reasons. Sometimes something seems to work but a flaw ends up coming out in action.
I believe the most robust approach is to start with understanding/studying technical patterns, and then work into automating testing/building statistics/implementing that. However, going the opposite way, pure testing, can be an avenue to gleaning insight as well, and may even be a way to come up with completely new, revolutionary analytical methods. But it will likely be highly laborious and long of a process. To be fair though, so is doing it the other way.
I hope to learn more from you sir.
Good evening. Very good explanatory video. I would like to know how can we customize the signals of the different indicators? For example, modify the signals that an RSI could give to an expert advisor? Thank you in advance.
Hi did you fix auto trading robert
Very good explanatory video
Hello, can you help me? I want to copy the robot written on my mt4 platform to the mt5 platform version.
thank you very much for helping me and my brothers. i couldnt help my self but to subscribe to this chinne.we all appriciete the hard work for us.thank you. thank you. very much.100% understandable
I Thank u very much cuz i didn't knew that it is not that hard to program a trading robot
Can you kindly assist ??
@@mosamashabela9687 did he assist ?
@@jerrymahlangu7220 no he didnt
Ray Brede
How do I start trading after my deposit is placed
and how do I check my account balance
When i create my EA, it only works on MT5, Is there a way to make the file an EX4 file so it will work on MT4?
Great vid. Thanks for sharing; Jesus Christ Bless! :)
hi can you point me to guide how to work with database in MQL5 didn't find good resource for it in this channel
My Mt4 does not have the Expert Advisor (generate) column. How is that???? it has only (template). Dowloaded another mt4 version and still does not show the (generate) function.
awesome..!!!!!!
do you have a video or tutorial on how to convert mt4 ex4 file indicator to mt5?
yes please!
i already get the parameteres ready to test but as soon as i click the start button it doesnt start, it says this : 2022.10.14 20:54:43.867 Tester optimization by "Custom max" criterion not started, no OnTester function in "MQL5\Experts\Advisors\vida.ex5"
what should i do
Hi ! i need your help ! can you speack how to sell and buy graphics
Why NEXT button is disabled in my MetaEditor's create new Expert Advise menu? I also can't write anything there. My system is MacOS
How long does this take before it starts working on a live account?
hi .... where i can download expert signal (custom module)
I want to create supertrend MT4 expert advisor when my buy signal create and when my candle touch ATR Period so that time i want to buy and if cross 20 pips so my buy trade will close. same as for sell condition vice versa. canu plz tell me how we can create expert advisor for mt4?
i cant test becasue the option does not appear on my navigation bar.
i cant believe he did all that in three minutes
Is there no 'Generate' option on the MQL4 Wizard???
Yeah, that's what we are looking for too. Do not see that "GENERATE" option in the wizard.
hello , i need put alerts on my bolingers band , but i dont know how create sentences and program it , please i need help , i need create on all times frames and all my lay outs pairs, trading view has this functions , but is too expensive, I dont wnat pay the freelancers , they are not confortable for my , greatings from Argentina
What is the voice generator? Sounds good.
7 years no reply is crazy
@@pandu.420 it is because of my pale Slavic @#s
super
thanks for like MtCoding
Will the robot have a stop loss and take profit?
how do you add custom signals?
Hi, I have the same question. Did you get the answer?
how to click test to mql wizard ?
Hi I'm new to this. Can I use a Mac for this? Or Windows platform to run MQL5 (or MQ4)?
Android😉
When it comes to choose the indicators, I don't find the MFI (money flow index) oscillator and the EMA ? Could anyone help me please ?
just Search "bickflash" on RUclips, drop him a comment, he'll assist you
Hello sir did you find a way around this?
@@muganzitunanuke9890 No, I abandoned the idea because the backtest of the oscillators constituting the strategy was inconclusive. And follows me redirected to another much more relevant strategy and delegated the design of this one because I have limited programming language skills.
@@muganzitunanuke9890 yes. I did
@@muganzitunanuke9890 yes
does anyone have an idea how to create an expert who can open more than one position at a time and only open buy positions when the candle close bullish for an up trend.
on each bullish candle close a position will be open.
The same with Sell and bearish candle.
You are the expert on this one
does anyone have an idea how to create an expert who can open more than one position at a time and only open buy positions?
am trying to creating it right now!
How's it going guys.. any luck?
yes
How do I convert a Indicator into an EA
怎么没有中文版的视频讲解
nong Xuan tan madein viet nam thanhk you mql4 mql5
hai, how to download the new version mt4?
Very nice video unfortunately when you run this in the tester, it doesn't work properly. On top of some parameters of the indicators can't be modified. I run into errors like not enough money when there is money, there is a total disconnectiontion between the free margin in the account and the free margin that the program thinks it exists. The problem with metatrader is that nobody know what is the tester or libraries doing behind the curtains. I manage to do better bots than these and while the scripts has all the fail-safe features, for some reason behind the curtain the program decides to take money from the balance during backtest without any order being executed or pending, or applies leverage randomly to some trade. Very odd behaviour.
I want to help
why the hell is the font so GD small? i need a magnifying glass to read anything
hmm I like
eu gostaria de saber se a possibilidade de cria um script ou utilizar um script do mt4 em outra plataformas
Yes
Where TF is Metaeditor? I can't see any buttons to open it on Metatrader 5????
Bonjour, puis-je obtenir la traduction des vidéos en français?
On the youtube player go to settings/subtitles/choose your language. There are nine options for this video and French is one of them.
what about MT4?. There is no wizard. I have a full pine script but its not compatible
just Search "bickflash" on RUclips, drop him a comment, he'll assist you
@@johnmike6139 Ive been informed in the meantime my EA idea sources a 'Kernal regression' that will not ever work using the data from HekinAshi candles.
Please, add Heikin ashi
Is this video in Spanish?
Very hard
I will buy no more and I will start making my own hehe
best explanation in the world
Spiegazione in Italiano ? Grazie
please sir give me mt4 rebort terminal
Ah ta!
faz um video desse em português amigo
kkkkkkkkkkkkk
volendo questa piattaforma potrebbe essere usata da truffatori o sbaglio?
MQL5
This creates an empty shell. You still need to know how to write the program
You´re Right
It is just useless. No inequalities symbols like etc . To compire indicators
MQL5これではやるかもよw
naan dey?
In Italiano ?
You tell me what to do as if I am a mind reader. my MT5 board looks nothing like what you're talking about and what you say do does not appear anywhere. So that was a waste of time.
Ada yang pake bahas indonesia
moussiba
need translat arabic pls thanks
No ATR trailing stop. The industry standard isn't there.... wtf?
??
aku bakno dedel, ga paham-paham
Wkwkwk
儲けたい
Im downloading all indicators free from mtindicators.com
thanks mate
any luck building a EA?
Yes! @@Mr.Piyath
Your screen is too small and you should upload video with much bigger screen.
check out mt4fxtraders.com, much easier
When my friends ask me how I keep earning much better profit In my trades I just tell them about Mr Harry mark George and his awesome strategy.
Yes many people seems to be trading with him and non have ever regretted or complained about his strategy
Reallyyyy?????????????? How interesting!!!!
Stop this mentality of recommending people to trade with someone
@@cherrycheri9018 all of them are from the same group or same person with many different accounts promoting each other in order to coax unsuspecting traders to trade under this so called guru (also from the same group/person) who've helped them (same group/person) make tons of money...
there is not italian language!!!!!!!
ugh... this is quite old already.... the screens are different, missing things, etc... the curse of software coupled with internet hits again.
not good trading ,