Forex WindWaker Trading

Learn MQL4 Tutorial

Learn MQL4 Tutorial

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Learn MQL4 Tutorial
In this Learn MQL4 tutorial, you will learn how to program your own Expert Advisor in Metatrader 4 (MetaEditor to be precise) Before beginning, please note that after chapter 1 of the Learn MQL4 tutorial you maybe will not be able to run the EA. Not all brokers work the same way. If it does […]
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In this Learn MQL4 tutorial, you will learn how to program your own Expert Advisor in Metatrader 4 (MetaEditor to be precise)

Before beginning, please note that after chapter 1 of the Learn MQL4 tutorial you maybe will not be able to run the EA. Not all brokers work the same way. If it does not work on your broker, please continue reading until the end of chapter 2, where we will make the EA compatible with all brokers.
BThe, write your own Expert Advisor you first have to switch to the MetaEditor. You do this by clicking on this  icon. In the MetaEditor click on New and choose „Expert Advisor“.
In the next window, we write the Expert Advisors Name and the Authors name with his website link. We also want to add our first variables. We add the standard variables that an Expert Advisor needs. We add a TakeProfit, StopLoss, LotSize, Slippage, and MagicNumber. All types are int (integer) except the LotSize. The LotSize must have a decimal point in it so you have to define it as a double. You may notice that I have defined the TakeProfit, StopLoss, and Slippage a bit high. This is because I am using an 5 Digits Broker. Because the EA will not automatically recognize a 4 or 5 Digits broker, we have to add a function which does this for him. But you will learn this later (in the next MQL4 tutorial). For now, leave it like this. (If you have a 4 Digits Broker, divide these 3 values by 10)

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