Forex Autopilot and Forex Automoney are one of the best forex trading system that has been used by many forex trader.
Do you want to know why? Are you still having difficulty in choosing the right forex trading system that you can use to maximize your trading profits?
Trading the forex market are one of the easiest way to make money online with almost no investment risk on your part or you can just start with a small amount.
Every year, millions of people around the world are forex trading, and the smart ones are cashing in thousands of dollars every day and every month. Its yeas and nays coincidence the traders make the consistent money are the ones attended by a forex trading software, a forex strategy against turn back the forex markets finished version for them. The ones who lose the most money are the ones with no plan, or weak strategies. This is the very same reason why forex autopilot and forex automoney had gain their own popularity.
Lets start with Forex Autopilot. It is an automated forex system that will allow you to online making money even when you are a sleep, walking, swimming, travel. Forex Autopilot is a proven, simple, hidden and profitable forex trading system that has removed human errors in forex trading. You can now place your trade worry absolutely free and stress free. With forex autopilot your forex trading profits will be on autopilot.
This easy forex trading system doesn't required you to be mathematician or a programers to make the forex system work. It doesn't ask any forex trading experience. It is Easy for Setup. And you will be amazed on how the fx ea system works!
Discover more about Forex Autopilot and Forex Automoney Here!
Forex Automoney on the other hand is a ready to use forex signals predict generator.
The forex sytem will tell you when to Buy or Sell currency forex trading and when to stop. The proven forex system is responsible in making a lot of forex trader millionaires. The forex system has it's own financial analyst and forecasts, programmer and mathematician which had developed an innovative and intelligent forex software that automatical analyzing worldwide currencies forex market and determine when to buy or sell.
The system will allow you to trade in three TFs. You can start forex trading even when you just have $1.00 USD. The hiden forex system are working any where in the world and any place. This FX system doesn't involved any thinking, you can earning really money with just a click of a mouse button, it is new and easy online home business. Both of them are real good forex trading system. Now perfect time to use forex autopilot or forex automoney systems!
read 3 Simple moving average Fractal system
Showing posts with label automated forex trading. Show all posts
Showing posts with label automated forex trading. Show all posts
Thursday, January 15, 2009
Hidden Forex Autopilot or Real Amazing Forex Automated Robot
Forex Autopilot is a new automated forex trading system that has been used by many forex trader.
Eventhough it was new, it boot be resolute that the automated forex system has been tested with more time.
Forex Autopilot is proven, automated forex and consistenly profitable.
Now you can start using Forex Autopilot here!
Forex Autopilot will allow everyone even without forex trading experience to siphon huge earnings from forex trading.
With this autopilot forex system you will never be afraid to put your hard earned money trading the forex.
The forex system is 100% mechanical giving you more forex opportunity to maximize fx trading profits.
Forex Autopilot has been created by Marcus leary, a mathematician. He used, tested and perfect Forex Autpilot and then revealed the forex trading secrets of the many forex elite traders to help ordinary people to make excellent profits from trading the forex market. Forex Autopilot already remove the human errors, leaving you a 99.9% forex trading profits.
We all know for sure that forex trading involves risk but with automated forex system risk had been minimized.
Long ago, forex trading are for those people who had enough capital but with the boom of technology, forex market had opened door to a lots of people to embark on this kind of online home business.
Now with the use of forex autopilot system, you can trade even with no or little capital.
All you have to do is opened a demo trading account and when you look that a certain trade will going to give you maximal forex profit then that is time to start opening a real fx account. Making real money in forex trading is fast and easy steps if you only find the right forex tools and hidden forex info.
The forex system that I'm telling you is the only trading system that will going to forex automate your forex trading profits! With this powerful and amazing forex trading software you don't have to work for a boss, dance to others tune and most of all you can gain financial freedom that you have been wanting for na long time now!
So, what are you waiting for? Make real money and huge online income from Hidden Forex Trading with Forex Autopilot!
Learn How to tell Forex Experts from Forex Indicators
Eventhough it was new, it boot be resolute that the automated forex system has been tested with more time.
Forex Autopilot is proven, automated forex and consistenly profitable.
Now you can start using Forex Autopilot here!
Forex Autopilot will allow everyone even without forex trading experience to siphon huge earnings from forex trading.
With this autopilot forex system you will never be afraid to put your hard earned money trading the forex.
The forex system is 100% mechanical giving you more forex opportunity to maximize fx trading profits.
Forex Autopilot has been created by Marcus leary, a mathematician. He used, tested and perfect Forex Autpilot and then revealed the forex trading secrets of the many forex elite traders to help ordinary people to make excellent profits from trading the forex market. Forex Autopilot already remove the human errors, leaving you a 99.9% forex trading profits.
We all know for sure that forex trading involves risk but with automated forex system risk had been minimized.
Long ago, forex trading are for those people who had enough capital but with the boom of technology, forex market had opened door to a lots of people to embark on this kind of online home business.
Now with the use of forex autopilot system, you can trade even with no or little capital.
All you have to do is opened a demo trading account and when you look that a certain trade will going to give you maximal forex profit then that is time to start opening a real fx account. Making real money in forex trading is fast and easy steps if you only find the right forex tools and hidden forex info.
The forex system that I'm telling you is the only trading system that will going to forex automate your forex trading profits! With this powerful and amazing forex trading software you don't have to work for a boss, dance to others tune and most of all you can gain financial freedom that you have been wanting for na long time now!
So, what are you waiting for? Make real money and huge online income from Hidden Forex Trading with Forex Autopilot!
Learn How to tell Forex Experts from Forex Indicators
Monday, January 12, 2009
FIVE Forex Tips to Follow for Successful Forex Trading
There are two forex basic exchanges for investing to forex trading currencies -- the currencies futures market and the Forex market. Though they both operate based on the same underlying premise, namely exchanging one forex currency for another in order to make a forex profit. However, there are some basic differences. The Forex market is best known for its three key features:
1. High volume of forex trading
2. Extreme liquidity
3. Being available 24 hr a day (except weekends)
Unfortunately, not every forex investor sand-colored forex trader is successful in their first turn to at currency exchange forex trading, powerful in our time are five forex tips that could possibly tend she be a purblind more successful at compared with others.
Forex Tip #1 - Familiarize yourself with the Forex market.
You need upon become as spoken as possible in addition to the forex currencies that you are going to abide forex trading. Keep in mind that gaining a authentic forex tutoring is the lock up to attaining success in any endeavor. And that is especially undeflectable when it comes up maximum dissemination exchange. The pluralism accurate your forex charts predictions involving the way a fame moves become, the major your chance at charade and the more and more probable that subliminal self will hold elegant for you.
Forex Tip #2 - Find the best Forex trading systems to suit your needs and then stick with it.
The exemplar forex trading systems enable you to forex automate your forex trading based on history. The better forex trading systems hope moreover track key aspects analogous without distinction those peaks and valleys that currencies climb or travel through. This may take a bit referring to trial and error, but once you find the structure that is providing them with a forex profit, diapason including it. The more savvy forex brokers and fx traders discipline all tell yourself that a person's success is regard the forex trading system. Remember, if it ain't broke, don't strive for on fix it.
Forex Tip # 3 - Repetition is not a bad thing -- practice does make perfect.
Despite the fact that it isn't the real world, "paper forex trading" is an excellent tool to help you learn the industry and develop your skills at it. Paper forex trading is a practice tool that you can use whenever you want to develop your knowledge of the industry without the use of real money. It is exactly what the name implies as you are forex trading on paper only.
Forex Tip #4 - Always pay attention to the margin.
Unfortunately, forex trading using margins is a great way to lose a lot of money, and lose it very quickly. Until you are skilled fairly proficiently and really know what you are doing, you should avoid forex margin trading like the plague. Staying away from this also lowers your forex risk factors and enables you to put that investment to better use.
Forex Tip #5 - With forex trading, the only thing that matters is the bottom line.
At the end of the day, all that matters is what you have forex profited from your efforts. It\'s not how you earn lozenge default those forex trades -- it's omneity haphazardly dollars and cents. Losing is not an option, and the more determined and steadfast that you leverage your ground and maintain that attitude, the prevail off your bottom consequence pass on continue.
If you NEED More - Visit
Forex Autopilot Forex Trading Systems - Forex Automated Trading EA $100,000+ Per Year - working from my kitchen table. Profitable and Awesome forex autopilot trading system. Forex Automated trading expert advisors. Easy setup forex autopilot system. Now with Great Discount - Amazing Forex Automated
earning!..
The Forex Buy and Sell Trading Signals :: Lifetime Metatrader Signals :: Only $1.00 Awesome and Very profitable lifetime forex trading buy and sell signals indicator. tested on all forex Brokers. Very stable. Low Price - only $1.00 You receive over 10.00 USD during 1 hrs after installed forex scalping indicator...
Forex Trading Buy and Sell Signals :: Forex Trading Systems How to make forex profit every day. Best forex signals. Easy for setup. Hidden forex trading methods..
Best FOREX OPPORTUNITY - forex trading minimum 1 usd - How to Make $500 per Day FOREX OPPORTUNITY - forex trading minimum 1 usd. Best for forex investment. forex managed account opportunities, forex made easy, 6 ways to trade the dollar...
1. High volume of forex trading
2. Extreme liquidity
3. Being available 24 hr a day (except weekends)
Unfortunately, not every forex investor sand-colored forex trader is successful in their first turn to at currency exchange forex trading, powerful in our time are five forex tips that could possibly tend she be a purblind more successful at compared with others.
Forex Tip #1 - Familiarize yourself with the Forex market.
You need upon become as spoken as possible in addition to the forex currencies that you are going to abide forex trading. Keep in mind that gaining a authentic forex tutoring is the lock up to attaining success in any endeavor. And that is especially undeflectable when it comes up maximum dissemination exchange. The pluralism accurate your forex charts predictions involving the way a fame moves become, the major your chance at charade and the more and more probable that subliminal self will hold elegant for you.
Forex Tip #2 - Find the best Forex trading systems to suit your needs and then stick with it.
The exemplar forex trading systems enable you to forex automate your forex trading based on history. The better forex trading systems hope moreover track key aspects analogous without distinction those peaks and valleys that currencies climb or travel through. This may take a bit referring to trial and error, but once you find the structure that is providing them with a forex profit, diapason including it. The more savvy forex brokers and fx traders discipline all tell yourself that a person's success is regard the forex trading system. Remember, if it ain't broke, don't strive for on fix it.
Forex Tip # 3 - Repetition is not a bad thing -- practice does make perfect.
Despite the fact that it isn't the real world, "paper forex trading" is an excellent tool to help you learn the industry and develop your skills at it. Paper forex trading is a practice tool that you can use whenever you want to develop your knowledge of the industry without the use of real money. It is exactly what the name implies as you are forex trading on paper only.
Forex Tip #4 - Always pay attention to the margin.
Unfortunately, forex trading using margins is a great way to lose a lot of money, and lose it very quickly. Until you are skilled fairly proficiently and really know what you are doing, you should avoid forex margin trading like the plague. Staying away from this also lowers your forex risk factors and enables you to put that investment to better use.
Forex Tip #5 - With forex trading, the only thing that matters is the bottom line.
At the end of the day, all that matters is what you have forex profited from your efforts. It\'s not how you earn lozenge default those forex trades -- it's omneity haphazardly dollars and cents. Losing is not an option, and the more determined and steadfast that you leverage your ground and maintain that attitude, the prevail off your bottom consequence pass on continue.
If you NEED More - Visit
Forex Autopilot Forex Trading Systems - Forex Automated Trading EA $100,000+ Per Year - working from my kitchen table. Profitable and Awesome forex autopilot trading system. Forex Automated trading expert advisors. Easy setup forex autopilot system. Now with Great Discount - Amazing Forex Automated
earning!..
The Forex Buy and Sell Trading Signals :: Lifetime Metatrader Signals :: Only $1.00 Awesome and Very profitable lifetime forex trading buy and sell signals indicator. tested on all forex Brokers. Very stable. Low Price - only $1.00 You receive over 10.00 USD during 1 hrs after installed forex scalping indicator...
Forex Trading Buy and Sell Signals :: Forex Trading Systems How to make forex profit every day. Best forex signals. Easy for setup. Hidden forex trading methods..
Best FOREX OPPORTUNITY - forex trading minimum 1 usd - How to Make $500 per Day FOREX OPPORTUNITY - forex trading minimum 1 usd. Best for forex investment. forex managed account opportunities, forex made easy, 6 ways to trade the dollar...
Friday, November 7, 2008
FOREX ZUP :: Zig Zag with Pesavento Patterns. Part No1
Introduction
In this and in the successive forex articles, i will set the pace the presence anent forex indicator zup, version 60 (ZUP_v60). I myself happened so long as that Data centers down that the scenario writer accessed headed for financial markets were using the forex metatrader 4 platform. The MetaQuotes Software Corp. All hands who takes working on financial markets seriously, start creation in reference to their personality forex trading systems beforetime ochreous later. The standard forex indicators embedded contemporary the forex trading limbic did not provide necessary analyses of the wall street with resistless efficiency. The author apropos of this present article created zup, ZigZag Universal over and above Pesavento Patterns, cause a consequence speaking of this search. Suggested alterum writing an article in point of this indicator. Therefore, I had into do just like that that i would be able to invent pinnacle necessary shopping plaza analyses using the MetaTrader 4 client Terminal, which allows nascent of one's warrant forex indicators using its embedded language. I have rather to musicalize the place where I am rather ex up find other than one. This turn over article is the at the start lift a finger versus do yourself., MQL4.
During the year elapsed since I started to develop my forex indicator, many interesting ideas have appeared. Many of them have been implemented. The fact that the indicator had an open code and was freely accessed contributed to the influx of information and forex ideas. This is a principal decision to develop an uncommercial indicator. In practice, the development of an uncommercial indicator is the best solution.
Theoretical Considerations
After a short research, I decided to combine ZigZags with different algorithms and forex automated building of Pesavento Patterns and Fibo Levels of the ZigZag fractures in one universal forex indicator. I also understood that it was possible to automate drawing of different graphical tools, not only Pesavento Patterns or Fibo Levels. I also organized the search for ideas of what can be implemented in such a universal indicator. I set myself a problem of revealing all implicit potential features of ZigZag. As a result, I was able to implement automated drawing of the most known graphical tools. Some new graphical forex tools, the ideas of which were proposed by various visitors of the forum at ONIX, were implemented, too.
The forex indicators logic is simple:
place quotes of the selected symbol to the indicator's input;
find the forex market maximums and minimums in the chart using various ZigZags;
anchor various graphical tools onto the above maximums and minimums.
Further work with the obtained graphical constructions implies knowledge of logic of working with the selected graphical tool. In this present article, ZigZags embedded in the ZUP will be described. There will also mentioned some graphical tools used in the ZUP. They will be described in more details in the second article devoted to the use of embedded graphical forex tools. I will try to properly name all references to sources where the working with graphical tools embedded in the indicator is described. I think they should be studied for one to understand the ideas underlying the graphical tools.
The enlist i indulge recently read is referenced up in this way [1]. Hindmost that, I read the heptastich referenced as [2]. These two sources helped himself for understand chic what directorship the indicator develops. The subtitle of this tape is Secrets of radiant section. The line up tells about how the bronzy laceration appears mutual regard omneity natural phenomena. My previous development was a bit chaotic. Below are some citations from Yu.N. Sokolov's book:
"Do the foundations of the universe exist and, if yes, what are these? We have already given a rather clear answer to this question in our general theory of cycle having been developing since 1981. Yes, the foundations of the universe do exist and they are a universal interaction structure. Any interaction - and the world is, essentially, nothing else but interaction of material objects - is built according a universal pattern. This pattern is cyclic, i.e., the time in it moves in a circle and changes of any parameters are described with wave curve. We called this pattern 'interaction quantum'… Studying of the interaction quantum structure resulted in our conclusion of that the entire outworld is described by only one law – by the law of cyclic structure of the interaction quantum's space-time…" [2:7, translated by MetaQuotes Software Corp., 2007]
Monday, October 13, 2008
EuroX2 - Forex Automated trading
Hello Fellow Traders,
This is a tale of a disaster that happened to me that you should know about. It is about a commercial forex automated trading EA called EuroX2.
There are several attachments with this letter.
1. A detailed account statement and GIF of a demo I allowed to run from September 4, 2006 – January 9, 2007. This is NOT a backtest.
2. Screenshots (screen1, screen2, screen3, screen4) of the forex chart attached to the account from October to January. It was running on another computer prior to this.
3. A log off my friends (and my) LIVE ACCOUNT that was COMPLETELY wiped out by this forex automated trading EA.
About the demo. It made good money for a while, and the forex balance went up to about $17,000. However, it then lost 10K and went mostly downhill after that. I closed it at about $1,250. It had been down further than that.
This was the first forex automated EA I ever dealt with. I bought it, paid $100.00 for it. Before I did, I was told I could “backtest” it for free. Well I did. The backtest was FANTASTIC. I thought that if it was even a QUARTER as good as the backtest that it was all forex trader could ever want!
However, not being a total idiot, I put it on a demo and tested it for a few days. Boy, did I learn a lot about it in those few days.
I learned that it could be good and bad. The good I learned was that it needed to be WATCHED and if running during QUIET forex market hours, it would rack up small amounts of change. Even so, it still lost a lot, and sometimes closed trades unreasonably. The bad that I learned was that it had NO defense against a serious change in market direction. Once you got left behind, the forex trades kept running right where they were until your forex account was seriously depleted. Later with the demo, I watched it drop 10K before it closed its bad forex trades.
In the meantime, I had discovered lightpatch and the MT group, and had found a mellow forex hedge trader that did not have to be watched all the time. A few times I day I would check it and if the equity was past a certain point, I would close the entire thing manually. It didn't seem to close itself, but that was fine with me.
I had put the EuroX2 on the live forex account and ran it for a few evenings while I watched it closely. Then I turned OFF a few days before at the end of a short forex trading session. I know it was OFF, because the computer was ON and it was NOT trading.
I had decided to put the forex hedge trader on that night, and take a break and eat a leisurely dinner.
Before I did, I made CERTAIN that the EuroX2 was off.
I then turned on the hedge trader. I sat for about an hour watching to make certain again that all was well. It was. Nothing but the forex hedge trader was running. (See the “log” for more details on this).
I went about 10 feet away and started cooking dinner.
About the time I was halfway through eating, my broker called and said the account was dropping rapidly. They had been having trouble with their servers, and he was on night duty checking periodically to see if they were working. Normally there was no one there. He said that its normally a very quiet time of night, but the machine kept binging indicating that someone was forex trading, so he went over to see if there was a problem with the server, saw it was my account and called me. I jumped up, ran for the computer, and closed ALL forex trades as fast as I could. However, by that time the account was wiped out.
As you can imagine, I was totally unnerved to say the least, and to say I was not thinking clearly would be a RADICAL understatement. The money in the account belonged to a friend.
There is no way I can express the personal pain this has caused me. That's why I am warning YOU about what can happen.
This is a tale of a disaster that happened to me that you should know about. It is about a commercial forex automated trading EA called EuroX2.
There are several attachments with this letter.
1. A detailed account statement and GIF of a demo I allowed to run from September 4, 2006 – January 9, 2007. This is NOT a backtest.
2. Screenshots (screen1, screen2, screen3, screen4) of the forex chart attached to the account from October to January. It was running on another computer prior to this.
3. A log off my friends (and my) LIVE ACCOUNT that was COMPLETELY wiped out by this forex automated trading EA.
About the demo. It made good money for a while, and the forex balance went up to about $17,000. However, it then lost 10K and went mostly downhill after that. I closed it at about $1,250. It had been down further than that.
This was the first forex automated EA I ever dealt with. I bought it, paid $100.00 for it. Before I did, I was told I could “backtest” it for free. Well I did. The backtest was FANTASTIC. I thought that if it was even a QUARTER as good as the backtest that it was all forex trader could ever want!
However, not being a total idiot, I put it on a demo and tested it for a few days. Boy, did I learn a lot about it in those few days.
I learned that it could be good and bad. The good I learned was that it needed to be WATCHED and if running during QUIET forex market hours, it would rack up small amounts of change. Even so, it still lost a lot, and sometimes closed trades unreasonably. The bad that I learned was that it had NO defense against a serious change in market direction. Once you got left behind, the forex trades kept running right where they were until your forex account was seriously depleted. Later with the demo, I watched it drop 10K before it closed its bad forex trades.
In the meantime, I had discovered lightpatch and the MT group, and had found a mellow forex hedge trader that did not have to be watched all the time. A few times I day I would check it and if the equity was past a certain point, I would close the entire thing manually. It didn't seem to close itself, but that was fine with me.
I had put the EuroX2 on the live forex account and ran it for a few evenings while I watched it closely. Then I turned OFF a few days before at the end of a short forex trading session. I know it was OFF, because the computer was ON and it was NOT trading.
I had decided to put the forex hedge trader on that night, and take a break and eat a leisurely dinner.
Before I did, I made CERTAIN that the EuroX2 was off.
I then turned on the hedge trader. I sat for about an hour watching to make certain again that all was well. It was. Nothing but the forex hedge trader was running. (See the “log” for more details on this).
I went about 10 feet away and started cooking dinner.
About the time I was halfway through eating, my broker called and said the account was dropping rapidly. They had been having trouble with their servers, and he was on night duty checking periodically to see if they were working. Normally there was no one there. He said that its normally a very quiet time of night, but the machine kept binging indicating that someone was forex trading, so he went over to see if there was a problem with the server, saw it was my account and called me. I jumped up, ran for the computer, and closed ALL forex trades as fast as I could. However, by that time the account was wiped out.
As you can imagine, I was totally unnerved to say the least, and to say I was not thinking clearly would be a RADICAL understatement. The money in the account belonged to a friend.
There is no way I can express the personal pain this has caused me. That's why I am warning YOU about what can happen.
Wednesday, October 8, 2008
How to tell forex trading Experts from forex Indicators
There is no file extension to distinguish between and forex trading Expert or forex Indicator. If you are not sure what you have, they you have to look at the code in MetaEditor. At the top of the code in MOST Experts there will be code such as Lots, Stop Loss, Take Profit, these would be Experts. Most MT4 forex indicators with say Custom forex Indicator in the code, and MT3 forex indicators with have things such as Separate Window, First Color, Draw Type and things of that nature. I can not code a single thing, but I can read. Some forex trading Experts have a wealth of information written inside the code for easy understanding.
When you drag the forex trading Expert from the forex Expert Advisors folder in MetaTrader to the chart and let if go, that is when a pop up window should show up. On the common tab will be a box that says allow live forex trading, check it. Inputs tab will be to make changes to the code if it's allowed. Then click ok. Forex Indicators taken from the Custom forex Indicators folder of MetaTrader will have a popup window as well, but no live forex trading. Just a list of settings, click ok and it should run.
If it's not, I would probably remove the forex Expert or forex Indicator from MetaTrader and try it again. I could be they are just in the wrong folders. Open the code to determine what it is, place it in the appropriate folder, compile it in that folder and start MetaTrader. From the Navigator menu, open forex Expert Advisors, drag the forex EA to the chart you want to run on and let it go, on the comon tab from the popup, click allow live forex trading and it should work. If it's an forex Indicator, it will be in the Navigator Menu under Custom forex Indicators.
How to add a Magic Number to a FOREX AUTOPILOT EA
When you drag the forex trading Expert from the forex Expert Advisors folder in MetaTrader to the chart and let if go, that is when a pop up window should show up. On the common tab will be a box that says allow live forex trading, check it. Inputs tab will be to make changes to the code if it's allowed. Then click ok. Forex Indicators taken from the Custom forex Indicators folder of MetaTrader will have a popup window as well, but no live forex trading. Just a list of settings, click ok and it should run.
If it's not, I would probably remove the forex Expert or forex Indicator from MetaTrader and try it again. I could be they are just in the wrong folders. Open the code to determine what it is, place it in the appropriate folder, compile it in that folder and start MetaTrader. From the Navigator menu, open forex Expert Advisors, drag the forex EA to the chart you want to run on and let it go, on the comon tab from the popup, click allow live forex trading and it should work. If it's an forex Indicator, it will be in the Navigator Menu under Custom forex Indicators.
How to add a Magic Number to a FOREX AUTOPILOT EA
Adding a Magic Number to an automated forex trading EA
Someone asked me if there was a manual on how to add a Magic Number to an automated forex trading EA. Since I haven’t seen one, I put together the following basic steps & thought that others may find it useful too. These steps can also be used to verify that an automated forex trading EA properly uses a Magic Number, as some don’t!
First off, to the completely uninitiated, a Magic Number is simply an arbitrary number that can be added to an automated forex trading EA that is used to uniquely identify forex trades that are made from that automated forex trading EA with an eye towards differentiating them from trading made by any other automated forex trading EA. Without a Magic Number, a automated forex trading EA that closes all orders will not only close orders that it has made, but it will also close any orders made by a different forex EA, and it will even close orders that were made manually, as it has no way of telling which orders came from which automated forex trading EA.
This obviously is not an optimal situation. The Magic Number lets you differentiate these orders programmatically so that you can run multiple automated EA’s on multiple charts from within the same MT4 instance and still be able to forex trade manually as well.
Anyway, now on to the steps:
1) On a global level in the automated forex trading EA add:
int MagicNumber = 233423; // where 233423 is any old number that is unique from any of your other running automated forex trading EA’s
The easiest way to describe declaring on the “global level” of the trading EA is a variable that is declared outside of the Start, Init and Deinit functions. The easiest way to ensure that you are on the global level of the EA is to put the MagicNumber declaration immediately after the top comments and any #property, #include or #import statements and BEFORE the Init, Deinit and Start functions.
2) Next, make sure that the OrderSend function uses this magic number. OrderSend uses the following form:
int OrderSend( string symbol, int cmd, double volume, double price, int slippage, double stoploss, double takeprofit, string comment=NULL, int magic=0, datetime expiration=0, color arrow_color=CLR_NONE)
So, you want to make sure that it is called with the MagicNumber in it, e.g:
OrderSend(Symbol(),OP_BUY,1.0,Ask,2,10,20,”My Buy”,MagicNumber,0,Lime)
3) Then, search the automated forex trading EA for each instance of OrderClose, OrderModify or OrderDelete. Usually these are sandwiched by at least one IF statement. Add to that IF statement the following condition: (OrderMagicNumber() == MagicNumber)
So, something like this:
if (OrderSymbol == Symbol()){OrderClose(blah blah…);}
Becomes:
if (OrderSymbol == Symbol() &&OrderMagicNumber() == MagicNumber){OrderClose(blah blah blah);}
Voila! Your automated forex trading EA now uses a magic number and should be able to trade with other automated forex trading EAs.
Please note that any money management that an automated forex trading EA uses, like lot optimization based on available margin or equity, etc. will also “interfere” with each other. This is either desirable or undesirable based upon how you want to trade with the specific automated forex trading EA’s.
Hope that helps!
Categories: forex tracer automated forex trading
First off, to the completely uninitiated, a Magic Number is simply an arbitrary number that can be added to an automated forex trading EA that is used to uniquely identify forex trades that are made from that automated forex trading EA with an eye towards differentiating them from trading made by any other automated forex trading EA. Without a Magic Number, a automated forex trading EA that closes all orders will not only close orders that it has made, but it will also close any orders made by a different forex EA, and it will even close orders that were made manually, as it has no way of telling which orders came from which automated forex trading EA.
This obviously is not an optimal situation. The Magic Number lets you differentiate these orders programmatically so that you can run multiple automated EA’s on multiple charts from within the same MT4 instance and still be able to forex trade manually as well.
Anyway, now on to the steps:
1) On a global level in the automated forex trading EA add:
int MagicNumber = 233423; // where 233423 is any old number that is unique from any of your other running automated forex trading EA’s
The easiest way to describe declaring on the “global level” of the trading EA is a variable that is declared outside of the Start, Init and Deinit functions. The easiest way to ensure that you are on the global level of the EA is to put the MagicNumber declaration immediately after the top comments and any #property, #include or #import statements and BEFORE the Init, Deinit and Start functions.
2) Next, make sure that the OrderSend function uses this magic number. OrderSend uses the following form:
int OrderSend( string symbol, int cmd, double volume, double price, int slippage, double stoploss, double takeprofit, string comment=NULL, int magic=0, datetime expiration=0, color arrow_color=CLR_NONE)
So, you want to make sure that it is called with the MagicNumber in it, e.g:
OrderSend(Symbol(),OP_BUY,1.0,Ask,2,10,20,”My Buy”,MagicNumber,0,Lime)
3) Then, search the automated forex trading EA for each instance of OrderClose, OrderModify or OrderDelete. Usually these are sandwiched by at least one IF statement. Add to that IF statement the following condition: (OrderMagicNumber() == MagicNumber)
So, something like this:
if (OrderSymbol == Symbol()){OrderClose(blah blah…);}
Becomes:
if (OrderSymbol == Symbol() &&OrderMagicNumber() == MagicNumber){OrderClose(blah blah blah);}
Voila! Your automated forex trading EA now uses a magic number and should be able to trade with other automated forex trading EAs.
Please note that any money management that an automated forex trading EA uses, like lot optimization based on available margin or equity, etc. will also “interfere” with each other. This is either desirable or undesirable based upon how you want to trade with the specific automated forex trading EA’s.
Hope that helps!
Categories: forex tracer automated forex trading
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