Tsd Mt4 Instructions

  • November 2019
  • PDF

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These instructions for using TSD_MT4_MR_Trade are not only for users new to MT4 but also experienced users because TSD_MT4_MR_Trade trades all currencies from the 1 screen. First off, double click on the attachment and you should be in the MT4 editor. Save it to the expert directory and then press F5 to compile it. At this stage you can close the editor if you don't want to make any changes. There are no input values to change, you must do all changes to the code. Following are the changes you can make to the code: If you want to use MACD, leave the following line as is. If you want to use OsMA, change MACD in the following line to OsMA. int DirectionMode = DIRECTION_MACD, FilterMode = FILTER_FORCE; If you want to use WPR indicator, leave the following line as is. If you want to use FORCE, change WPR in the following line to FORCE. int DirectionMode = DIRECTION_MACD, FilterMode = FILTER_WPR; If you want your trades to be processed on a daily chart, leave the following line as is: int PeriodDirection = PERIOD_W1, PeriodTrade = PERIOD_D1, PeriodTrailing = PERIOD_H4, CandlesTrailing = 3; If you want your trades to be processed on a 4HR chart, change the line to this: int PeriodDirection = PERIOD_D1, PeriodTrade = PERIOD_H4, PeriodTrailing = PERIOD_H1, CandlesTrailing = 3; If you want your trades to be processed on a 1HR chart, change the line to this: int PeriodDirection = PERIOD_H4, PeriodTrade = PERIOD_H1, PeriodTrailing = PERIOD_M15, CandlesTrailing = 3; The EA will trade ALL the pairs in the following statement. If you want less pairs, delete them from the following statement. string pairs[] = { "AUDUSD", "EURCHF", "EURGBP", "EURJPY", "EURUSD", "GBPCHF", "GBPJPY", "GBPUSD", "USDCAD", "USDCHF", "USDJPY" }; If you want to use standard values for MACD & OsMA, leave the following statement as is: int DirectionFastEMA = 12, DirectionSlowEMA = 26, DirectionSignal = 9; If you want to use Mindaugas’s values for MACD & OsMA, change the above line to: int DirectionFastEMA = 5, DirectionSlowEMA = 34, DirectionSignal = 5; If you want to trade 1 lot, change 0.1 in the following line to 1 double Lots = 0.1; The EA has a fixed Take Profit of 100 pips. to be processed as per the original version following line to 0. This means Take Profit increased/decreased as the Trailing Stop is int TakeProfit = 100, TrailingStop = 50;

If you want Take Profit of TSD, change 100 in the will be increased/decreased.

If you wish to do any backtesting change ‘false’ in the following line to ‘true’

bool BackTesting = false; Now press F5 to compile your changes. TSD_MR_Trade_MACD_WPR_0_13.mq4 is very different to other EA's you have used. If you want to trade all the pairs mentioned above, you only need 1 chart and just attach TSD_MR_Trade_MACD_WPR_0_13 to that chart. And the chart can be any period. To some people this may sound strange but the EA does not look at the current chart, everything is included in the EA. It is best that the screen that you place the EA on be the screen with the highest tick volume because the EA only wakes up on the tick of the currency it is on. For this reason it is suggested you use GBPJPY or GBPCHF. If you want to look at a chart and see how each pair is going, you need to do what I do and that is have a chart for each pair you are processing. BUT REMEMBER only attach the EA to 1 chart. When you are sending messages to the forum about your trades, please advise us what time period you are using and if you are using MACD/OsMA and FORCE/WPR Bob

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