Forex

Metatrader 4 (MT4) Hotkeys List

November 7th, 2009

List of hotkeys

There are many other useful hotkeys. Here is a comprehensive list:

Left arrow — scroll chart to the left;
Right arrow — scroll chart to the right;
Up arrow — quickly scroll chart to the left or (if the scale is defined), scroll chart upwards;
Down arrow — quickly scroll chart to the right or (if the scale is defined), scroll chart downwards;

Numpad 5 — restores chart vertical scale to its original default. If the scale was defined, this returns the chart back to its visible range;

Page Up — scroll a whole screen to the left;
Page Down — scroll a whole screen to the left;
Home — move the chart to the start point (first bar);
End — move the chart to the end point (last, i.e. most current) bar;

” — zoom out (there are 6 levels of zoom available);
+” — zoom in;

Delete — delete all selected objects;
Backspace — delete most recently added objects, on a last-added-first-removed basis;

Enter — open/close the fast navigation window;
Esc — close any dialog window;

F1 — open the on line help “Userguide”;
F2 — open the “History Center” window;
F3 — open the “Global Variables” window;
F4 — open MetaEditor;
F5 — switch to the next profile;
F6 — call the “Tester” dialog window for testing the expert attached to the chart window;
F7 — call the properties dialog window of the expert attached to their chart window, in order to change its settings;
F8 — call the chart setup dialog window, allowing basic chart parameters, colors, etc to be changed;
F9 — call the “New Order” window, allowing the entry of market, limit, stop orders;
F10 — open the “Popup prices” window;
F11 — enable/disable full screen mode;
F12 — scroll the chart one bar to the left;

Shift+F12 — scroll the chart one bar to the right;
Shift+F5 — switch to the previous profile;

Alt+1 — display the chart as OHLC bars;
Alt+2 — display the chart as OHLC candlesticks;
Alt+3 — display the chart as a line (closing prices only);

Alt+A — copy all test/optimization results onto the clipboard;
Alt+W — call the chart management window;
Alt+F4 — exit the program;

Ctrl+A — arrange all indicator window heights by default;
Ctrl+B — call the “Objects List” dialog window;
Ctrl+C or Ctrl+Insert — copy to the clipboard;
Ctrl+D — open/close the “Data Window”;
Ctrl+E — enable/disable the attached expert advisor;
Ctrl+F — switch to “Crosshair” mode;
Ctrl+G — show/hide the vertical/horizontal grid;
Ctrl+H — show/hide the OHLC line;
Ctrl+I — call the “Indicators List” dialog window;
Ctrl+L — show/hide volume data on the main chart;
Ctrl+M — open/close the “Market Watch” window;
Ctrl+N — open/close the “Navigator” window;
Ctrl+O — open the “Setup” window;
Ctrl+P — print the chart;
Ctrl+R — open/close the “Tester” window;
Ctrl+S — save the chart prices (OHLCV) in a file having extensions: “CSV”, “PRN” or “HTM”;
Ctrl+T — open/close the “Terminal” window;
Ctrl+W or Ctrl+F4 — close the chart window that’s currently in focus;
Ctrl+Y— show/hide date (period) separators;
Ctrl+Z or Alt+Backspace — undo object deletions in the reverse order they occurred;

Ctrl+F6 — switch to the next chart window;
Ctrl+F9 — open the “Terminal — Trade” window and switch the focus into it, allowing trading operations to be entered via the keyboard.

Uncategorized , ,

Metatrader Broker Spread Recorder Indicator

November 6th, 2009

Ok I’m pretty sure someone may have started something like this before but I might have missed it. So I was hoping to rake this up again.

Anyway, I wrote a simple indicator to help me keep track of fluctuating spreads. I was hoping to use these data to decide which brokers are more suitable for auto trading or any trading for that matter…

I’ve noticed IBFX can have spreads on GBPJPY up to 45 pips during “high volatility” periods. And that’s just insane.

you guys can probably help out with this research too.

BEFORE using this indicator, create a folder called “Spread_Recording” inside your

C:\Program Files\Metatrader\experts\files

This “Spread_Recording” folder will be holding all the log files written by this little indicator.

Basically what this indicator does is it will look at the current spread, write it into a file, then record that spread down. upon the next tick, if the spread changes, write the new spread into the log file. If the spread is the same, then don’t write it. This will save some disk space.

The log file name convention is set as

[Symbol]-Spread_Recorder-[Day]-[Month]-[Year].log

e.g. for the spread recording log file for the EURNZD for the day of 4th Sept 2009. The file name will be.

EURNZD-Spread_Recorder-4-9-2009.log

That means Each symbol will have it own set of files. and each day will initiate a new file. This helps in the data reading process.

An extract capture of the contents for each log file is as such.

Download indicator here

Zen_Leow, Forexfactory.com

Forex General , , ,

Multiple broker accounts with one Metatrader platform

November 3rd, 2009
Ever wish you can hop on to another broker’s MT4 demo without having to download it from their site and reinstall it? Well, here’s the answer, with some demo server files you can use.
Background
Meta Trader 4 reads parameters in from a file located in the “config” directory. Essentially, you can take a server file for any broker, put it into your directory, and be able to create a demo account with that broker.
What to do
1. You need to get the .srv file for a particular broker. I’m hoping that folks on the forum will post their SRV files on this thread. I’ll kick it off in the next post.
2. Save the .srv file to your Meta Trader 4 / config directory. You’ll probably see others there already.
3. Launch MT 4.
4. Open a new account. On the second step of opening a new account, the new server(s) should show up in the list (see screenshot). Select the appropriate server.
5. MT4 has a problem where a chart that gets opened only works with the server under which it was opened. So, if you have some charts up based on your IBFX demo, then switch to your Alpari account, you’ll need to open new charts. I solve this problem by creating different profiles for different servers.

Ever wish you can hop on to another broker’s MT4 demo without having to download it from their site and reinstall it? Well, here’s the answer, with some demo server files you can use.

Background

Meta Trader 4 reads parameters in from a file located in the “config” directory. Essentially, you can take a server file for any broker, put it into your directory, and be able to create a demo account with that broker.

What to do

1. You need to get the .srv file for a particular broker. I’m hoping that folks on the forum will post their SRV files on this thread. I’ll kick it off in the next post.

2. Save the .srv file to your Meta Trader 4 / config directory. You’ll probably see others there already.

3. Launch MT 4.

4. Open a new account. On the second step of opening a new account, the new server(s) should show up in the list (see screenshot). Select the appropriate server.

5. MT4 has a problem where a chart that gets opened only works with the server under which it was opened. So, if you have some charts up based on your IBFX demo, then switch to your Alpari account, you’ll need to open new charts. I solve this problem by creating different profiles for different servers.

Stockwet, forexfactory.com

Forex General , , , ,

What happens to brokers not meeting the NFA capital requirement?

November 2nd, 2009

In the coming months, the NFA will require for brokers to have $20,000,000 capital.

From what I understand there are three general choices, although most recently have chosen option 1.

1. Sell the US business to someone else. (ie: ODL USA, Hot Spot, EFX, etc.)

2. Continue on without NFA membership, which seems to be something that no one currently in the biz seems to want to do. Legacy situations like FXDD which is unregulated seem to be the only ones that can seem to get by (for now) this way. GallantFX is a much smaller shop that also comes to mind that is unregulated by the NFA.

3. Somehow operate under the radar if it is offshore based. Visit ACM-USA http://www.acmusa.com/ and you’ll see that the website is just a landing page directing you to it’s Swiss based website. They had a booth at the Traders Expo in NYC last month and were open about accepting accounts from the USA. Kind of a weird situatio

socialtrader, forexfactory.com

Uncategorized

Virtual Dealer Metatrader Plugin

November 1st, 2009

Why would a broker not like scalping?

November 1st, 2009

Why would a broker not like scalping?


Market Makers make money when we open positions. They earn from the spreads (and commission if they so charge).

When we open positions, Market Maker would hedge it against other traders OR they may pass it directly into the interbank markets. During slow Market, brokers may opt to take our position and wait for any other trader to take a counter position – this may take 1, 2, 3 or 5 minutes and if no traders took our position, they will pass it to the interbank. But if my position was closed too soon (and if in profit) while it is not hedged, the broker loose money to me – they wont like it.

Therefore, IF a broker dont like scalping, it implies that they are this kind of broker who play games against the trader. CRAP I wont trade with such a broker.

BurgerKing, forexfactory.com

Forex General

Why would a broker not like Carry Traders?

November 1st, 2009

Why would a broker not like Carry Traders?


Any broker gives swap points to carry traders. These amount is always LOWER than the actual swap rates in the interbank market. Therefore, if a broker gives you swap points, they themselves earn money as well. So why would they complain? EASY! They dont post our trades into the interbank! They take our position! HELL even if they hedge it with other traders, they charge higher negative swaps to other traders and broker earns swap points from both of us! There is absolutely NO REASON for any broker to not like Carry Traders! If you can think of one please post it here! Dont tell me brokers can get bored with our too-long-term positions…

BurgerKing, forexfactory.com

Forex General, Uncategorized

Trade Spot Gold and Spot Silver with FXDD

December 22nd, 2008

In our continued effort to provide the best service and access to inter-bank pricing and liquidity, FXDD is expanding the choice of platforms for Spot Gold and Silver trading. You can now trade on the MetaTrader 4, MTXtreme and FXDDTrader platforms.

MetaTrader4 and MTXtreme
1. Right click in the Market Watch Panel
2. Select ‘Show All’ for Gold (XAU/USD) and Silver (XAG/USD) to appear
FXDDTrader
* Click here to download instructions on how to add Gold and Silver.
Facts about Spot Gold Trading
* Pair symbol – XAU/USD
* Gold is measured in Troy ounces
* 1 standard lot is 100 Troy ounces
* 1 mini lot is 10 Troy ounces
Facts about Spot Silver Trading
* Pair symbol – XAG/USD
* Silver is measured in standard ounces
* 1 standard lot is 1,000 ounces
* 1 mini lot is 100 ounces
On both Gold and Silver Trading there will be no exchange for the physical product. The trading market is strictly for speculation on the change in the SPOT price for the precious metal. You will not actually be buying/selling the physical precious metal. You will not be entitled to take physical delivery or to make physical delivery of any precious metal. The pricing provided is all done on the basis of the SPOT market and all transactions are cash settled in USD. DISCLAIMER: Trading in the Foreign Exchange market involves a significant and substantial risk of loss and may not be suitable for everyone. You should carefully consider whether trading is suitable for you in light of your age, income, personal circumstances, trading knowledge, and financial resources. Only true discretionary income should be used for trading in the Foreign Exchange market. Any opinion, market analysis or other information of any kind contained in this email is subject to change at any time. Nothing in this email should be construed as a solicitation to trade in the Foreign Exchange market. If you are considering trading in the Foreign Exchange market before you trade make sure you understand how the spot market operates, how FXDD is compensated, understand FXDD’s trading policy and rules and be thoroughly familiar with the operation of and the limitations of the platform on which you are going to trade.
Inquiries
Tom O’Reilly, SVP of Sales, +1.212.791.3488
Jennifer Van Hofwegen, Head of Marketing and Communications, +1.212.791.6491
About FXDD
FXDD, headquartered in New York City, is a leading online foreign exchange trading firm dedicated to providing superior customer service and powerful technology to retail traders, hedge funds and money managers. FXDD is also a reliable liquidity provider for brokerage companies and institutional investors. The Company offers 24-hour forex trading via its trading platforms: FXDD Trader and Meta Trader (retail), Power Trader (institutional) and FXDD Auto (automated). FXDD provides true interbank pricing; no-interest accounts; fully-automated execution; 100:1 leverage for regular accounts and 200:1 leverage for mini accounts. For a free demo, please visit www.fxdd.com, or call toll-free in the U.S. at 1.866.FOR.FXDD or +1.212.791.3933.

FXDD , ,

FOREX.com Adds Forex Trading on the MetaTrader 4 Platform

December 22nd, 2008

GAIN Capital’s FOREX.com Adds Forex Trading on the MetaTrader 4 Platform

Bedminster, NJ – September 25, 2008 – GAIN Capital Group, a leading provider of foreign exchange (forex) services for individual and institutional investors, today announced that its FOREX.com division is now offering forex trading on the popular MetaTrader 4 platform. MetaTrader 4 users can sign up for trading services at www.forex.com/metatrader.

“Our goal is to provide the MetaTrader community with a level of service and stability that only an established, well-capitalized forex provider like GAIN can offer,” said Glenn Stevens, GAIN’s chief executive officer. “We believe that FOREX.com’s commitment to providing competitive spreads, quality trade executions and excellent service will prove to be a compelling value proposition for anyone who relies on MetaTrader 4 for their forex trading.”

FOREX.com, a division of GAIN Capital Group, is one of the largest regulated forex firms in the United States. GAIN and FOREX.com are registered with the National Futures Association (NFA) in the United States as a Futures Commission Merchant, Forex Dealer Member. As of July 31, 2008, the firm reported excess net capital of $57.9 million.

MetaTrader 4 is designed around the needs of technical forex traders, and includes support for automated trading. Among the notable features:

* A robust technical analysis package with the ability to create custom indicators
* The ability to program and automate specific trading strategies using a built-in language, MetaQuotes Language 4
* Support for hedging activities
* Audible rate & indicator alerts

Traders using the MetaTrader 4 can benefit from the advantages that FOREX.com provides to its customers, including:

* Dealing spreads as low as 1-2 pips on the most widely traded currencies
* Expert research and analysis, from real-time market commentary to essential daily and weekly reports
* Customer support via licensed representatives seven days a week, including 24-hours a day during market hours
* Advanced educational tools include online training courses, workshops, and interactive webinars

The availability of the MetaTrader 4 platform at FOREX.com complements the company’s own proprietary trading technology, FOREXTrader. Awarded 2008 “Best Retail FX Platform” by the readers of Profit & Loss magazine, the FOREXTrader platform offers a highly customizable trading environment with a full suite of professional charting and order management tools.

forex.com , ,

Forex Club adds new currency pairs

December 22nd, 2008

Dear Customers,

We are glad to announce that we have added more currency pairs to our trading platforms:CRNCY Spread Swap long Swap Short Max.Leverage

EUR/AUD 10pps -1.2 0.9 100:1
CAD/CHF 10pps 0.5 -0.8 100:1
NZD/JPY 10pps -1.7 -2.1 100:1


FXClub , ,