Excel to Meta Trader - Turn Excel into an Expert Adviser builder

[pipdevil]

I think that being able to use excel to build strategies, analyze trades and execute positions is a great way of trading without having to use MQL4 and use shady EAs. What do you think?

[madnites]

Have you ever heard of a stop placement strategy that trails stop based on previous 'high' points? It is called Chandelier exit as it hangs down from the high point or the ceiling of our trade, just as a chandelier hangs from a room ceiling. The distance, which is usually calculated from the high point to the trailing stop; could also be calculated in dollars or in contract based points. However, the value of this trailing stop moves upward very promptly as higher highs is reached.

[putrin]

1) You can use commercial solution like FxDialogue which do almost all things you need.
2) You can access MT in excel using DDE.
3) If you would like more complex way to interact with Excel you must create pure C++ library which is accessible from MT and can use COM API required to communicate with Excel.

[FOREXFACE]

absolutely right my dear friend
being able to use excels to strategise graphs and charts is an astonishing feature of meta trader 4. this helps to form charts and graphs without the prior knowledge of mql or other typical languages.

with regards
dave

[forexfaan]

i was new to Forex and always struggled with graphing and charting until i came across the meta trader 4. with it i was able to form charts and graphs via excels as i had no knowledge of the mql. with meta trader 4 it was quite a good experience. i would recommend that to other newbies.

with lol
David Paul

[richiesjames]

exactly my dear friend
with the excels you can stratezise in the best way without the knowledge of meta quote language. moreover it provides a diverse flexibility to the user in the preparation of charts and graphs.
regards
richies james

[Markwilliam]

Forex trading with meta trader is simply great. you don't have to worry about the graphic language issues as you can easily create graphs using excels with greater flexibility via meta trader 4. so i would recommend Forex trader its usage.
regards
mark William

[tradingnb]

Yes I think you're right. Newbies can easily adapt to forex trading if they can use a platform they are already familiar with rather than something that's still new and unfamiliar to someone new in this industry.

[boscodcosta]

All these alternatives and strategies will be very helpful for traders,meta trader is really appreciable.Thanks for the recommendation.

[pipdevil]

Ok, I have attached screenshots of the my Excel spreadsheet with MT4 data.

You can get the spreadsheet from MetaTrader FX|MQL4|Trading Simulator|Stock Simulator|Forex Excel Based Stimulator|Warren Buffett|FxDialogue.com