shodson's MetaTrader journey - MetaQuotes MetaTrader MQL Programming | futures io social day trading
futures io futures trading


shodson's MetaTrader journey
Updated: Views / Replies:2,553 / 5
Created: by shodson Attachments:4

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

shodson's MetaTrader journey

  #1 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,254 received

shodson's MetaTrader journey

I am learning the MetaTrader platform and MQ4 so I can code indicators and strategies (EAs) in MT. I don't have any plans to trade Forex in MT any time soon, but that's an option. I'm mainly doing it to participate in the MT programming community and work on some assignments I've been given from some customers, the first one being converting a TradeStation strategy to MQ4.

Being a long-time NinjaTrader user/programmer (almost 1 yr now), I'll be posting some of the things I learn on the way. This may be boring to MT pros but other n00bs may find it useful. I also look forward to any tips and advice from others more knowledgeable than myself.


Last edited by shodson; April 7th, 2010 at 02:22 PM.
Reply With Quote
The following 5 users say Thank You to shodson for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,254 received

MT time and historical data


The first thing that I encountered that was somewhat confusing was how MT uses time. All times in MT are in Eastern European time (EET) and I have to think of everything in terms of that time zone.

Also, when I was back testing an EA I set the historical dates in Strategy Tester for testing to just test March 2010. Then I wanted to test back to March 2009 but I could never get any data past my original time frame, I could never get more than 1 month of data. I am using a version of MT distributed by Peregrine (PFG) and it appear I can only get 1mo of historical data from them. I then stumbled upon the History Center (F2) where I can download historical data for all of the pairs. I pressed "Download", got a warning that the data comes from MetaTrader's servers and not PFG's, then waited a few minutes. I'm not sure how much data I have now but I had no problem testing 1yr back. So for kicks I tried going back to March 1999 and it took trades all the way as far back as October 1999, so I'm not sure if that's where my data ends or it's some other limit.

Also, I learned that one way to make sure you can get more bars in your charts is to increase the max bars settings in Tools | Options | Charts to the highest number possible (a bunch of "9"s). See screen shot. It seems like this would be one of the first settings you should change when you install MT.

You can export EA results into a nice HTML file (attached). Not as nice as TradeStation's but still helpful.

Attached Thumbnails
shodson's MetaTrader journey-mt-historical-data-options.png  
Attached Files
Register to download File Type: zip StrategyTester.zip (18.6 KB, 16 views)
Reply With Quote
The following user says Thank You to shodson for this post:
 
  #4 (permalink)
 Vendor: www.probabletrades.com 
OC, California, USA
 
Futures Experience: Advanced
Platform: IB/TWS, NinjaTrader, thinkorswim
Favorite Futures: stocks, options, futures, VIX
 
shodson's Avatar
 
Posts: 1,859 since Jun 2009
Thanks: 480 given, 3,254 received

Bar time = bar open time

Also, one thing that was different is that the times on the charts are the time the bar opens, whereas in NT it is the time the bar closes (prints). Most other trading platforms I've used (thinkorswim, TradeStation) do it the same way as MT so perhaps Ninja is the weirdo here.

Attached Thumbnails
shodson's MetaTrader journey-mt-charting.png   shodson's MetaTrader journey-nt-charting.png  
Reply With Quote
The following user says Thank You to shodson for this post:
 
  #5 (permalink)
Elite Member
Singapore
 
Futures Experience: Beginner
Platform: Multicharts, R
Favorite Futures: EUR / USD
 
Posts: 185 since Feb 2010
Thanks: 106 given, 98 received

Hi Shodson

Can you give an update to your journey?

Thanks

Reply With Quote
 
  #6 (permalink)
Just starting out...
London
 
Futures Experience: Intermediate
Platform: MT4, NT7
 
Posts: 4 since Aug 2010
Thanks: 1 given, 0 received

shodson, when you increase the bars in the chart to huge figures you might find it starts to chew up a lot of RAM and custom indicators take a long time to load.

In my opinion it's better to keep the history number high and the chart number low.

Reply With Quote

Reply



futures io > > > > > shodson's MetaTrader journey

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
shodson's Trading Journal shodson Trading Journals 761 January 17th, 2012 05:53 PM
MetaTrader 4 charleyfarley MetaTrader 29 July 24th, 2011 09:45 AM
shodson's Trade Strategy Ideas shodson Elite Automated Trading 11 June 10th, 2011 01:58 PM
Shodson HHLLReversal vegasfoster NinjaTrader 2 June 15th, 2010 05:33 AM
Orders from Metatrader to NJ iwannatoscript Traders Hideout 4 August 31st, 2009 07:40 PM


All times are GMT -4. The time now is 04:06 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.11 seconds with 20 queries on phoenix via your IP 54.82.112.193