What is a .MQ4 file?

An MQ4 file is a program written for MetaTrader, an online trading platform for Forex, Futures, and CFD markets. It contains code written in MetaQuotes Language 4 (MQL4), which typically includes variables, functions, and comments. MQ4 files may be custom indicators, scripts, or library files.
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How do I open a MQL4 file?

How to Open an MQ4 File. Open MQ4 files with MetaQuotes MetaTrader platform. However, because they're associated with version 4 of the program, you probably can't use one in newer versions like MetaTrader 5. Instead, install the older version to open the MQ4 file.
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Where do I put MQ4 files?

How to install a custom indicator to your MetaTrader 4 platform
  1. Locate and copy the MT4 custom indicator file on your computer. These are the MT4 indicator files that you would have downloaded. ...
  2. Open the data folder.
  3. Open MQL4 file.
  4. Open the indicators folder.
  5. Paste the files.
  6. Restart MetaTrader 4.
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How do I run EX4 files in MT4?

To open an EX4 file in MetaTrader 4, the file must be placed in the "Indicators" folder. You can then open the file by clicking the Editor tool in the MetaTrader 4 toolbar, selecting the "Indicators" folder in the left "Navigator" panel, and then choosing the appropriate EX4 file.
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What is MQH file MT4?

An MQH file is an include file created by MetaTrader, an online trading platform. It contains definitions for common variables and functions that programmers can use for developing custom indicators, Expert Advisors, and scripts.
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how to add indicator to mt4 chart when you have mq4 file or ex4 file or both



What is WinUser32 MQH?

With those in combination with the extension of WinUser32. mqh will enable you to read the mouseevents on the chart. After which it becomes easy the attach some action to it. In the example I created a button on chart, which will print "right away" ones pressed.
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How do I add EA to MT4?

Boot up MT4, and then look for the “Expert Advisors” section, which should be located under the “Navigator” section to the left side of the screen. Then click on the “Plus” icon and select the EA, which should now appear as available. After the EA has been selected, drag it onto the charts to ensure that it's active.
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How do I copy from EA to MT4?

Launch your MT4 platform. Look for the Expert Advisors section under the Navigator panel at the left side of the platform. Click on the Plus sign and the available EAs should be listed there. Click on the EA you want to install and drag it onto one of the charts on your platform.
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What is an EA and copy trading?

EA that copies MetaTrader 4 trades. Forex Signal Copier is a powerful tool that allows you to copy the orders from one MetaTrader 4 account to another MetaTrader 4 account. This EA (expert advisor) enables successful traders to increase their profits by selling trading signals.
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What is an EA in forex?

Expert Advisors (EA) are programmes or pieces of code, which when uploaded into the MetaTrader 4 and MetaTrader 5 enable you to engage in forex trading via automated trading. Each Expert Advisor is unique and built to the individual user's taste preferences.
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What is the best trading robot?

Best Trading Robots 2022 List
  • Bitcoin Prime – Overall Best Trading Robot in 2022.
  • Oil Profit – 24/7 Automated Bitcoin Trading.
  • Bitcoin Era – Top Bitcoin Robot for New Crypto Traders.
  • Quantum AI – Powerful Crypto Robot with Claimed 90% Win Rate.
  • eKrona – Automated Trading Based on the eKrona Currency.
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Which indicator is best for Forex?

Here are the top 10 forex indicators that every trader should know:
  • Moving Average (MA) ...
  • Bollinger Bands. ...
  • Average True Range (ATR) ...
  • Moving average convergence/divergence or MACD. ...
  • Fibonacci. ...
  • Relative Strength Index (RSI) ...
  • Pivot Point. ...
  • Stochastic.
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How do I make my own trading signals?

Determine the type of indicator you wish to build: unique or hybrid. Determine the components to be included in your indicator. Create a set of rules (if necessary) to govern when and where price movements should be expected to occur. Test your indicator in the real market through backtesting or paper trading.
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Do forex robots actually work?

While most forex robots do 'work' in the sense that they are programmed to automatically carry out trades, unfortunately, they are not foolproof so they cannot provide any guarantee of long-term profits. At best, they are a useful tool which can be used by forex traders to help make informed trading decisions.
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How do you build an EA?

Steps that you need to follow to create EA from a trading strategy.
  1. Set Your Account. ...
  2. First steps in EA Studio. ...
  3. Create or generate strategies and create EA. ...
  4. Choose a Strategy from the Collection. ...
  5. Analyzing the Trading Rules and Statistics of the Strategy. ...
  6. Export an Expert Advisor. ...
  7. Test an Expert Advisor with MetaTrader.
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Is copy trading legal?

Yes, copy trading is legal in the U.S., but it is subject to stricter regulations for U.S. residents than those in other countries.
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Is copy trading a good idea?

Copy trading is a great option for inexperienced and new traders. You get the chance to start with taking things slowly and learn how to trade correctly. This means that if you are new to Forex trading, you can learn and earn at the same time.
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Can you make money copy trading?

Is copy trading profitable? Copy trading can result in high profits if the trader finds a successful trader to copy. However, the greatest risk a trader will face when copy trading is market risk. If the strategy a trader is copying is unsuccessful, they can lose money.
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Can Metatrader run on Windows 10?

MetaTrader 4 (MT4) is compatible with Windows 7, 8 and 10 and does not have any specific system requirements in order to work on your machine.
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