Print
Pinterest
Gmail
Email App
Pinterest
Log in or register to download unlimited Forex robots!
DecodeTesterHistory Forex EA - Reliable Expert Advisor for MT4
Experience consistent gains with DecodeTesterHistory, a robust Forex Robot designed for MetaTrader 4. This Expert Advisor (EA) has undergone extensive testing on brokers like LQDFX and FXOpen, ensuring compatibility with various platforms. Download the 'DecodeTesterHistory.ex4' file now to optimize your trading strategies and enhance your Forex portfolio. Unlock the potential of automated trading with this powerful tool - your key to achieving financial success in the dynamic world of Forex trading.
DecodeTesterHistory.mq4 10.7 kb, 29 downloads since 2015-04-29
Join the MT4talk Telegram channel: https://t.me/MT4talkchannel
Join the MT4talk Telegram group: https://t.me/+XcwLRi9oFOJhYjlk
Watch videos from the MT4talk YouTube channel.
https://www.youtube.com/@MT4talkForexForum/videos
can you tell me how this works.. ill download and give it a try anyways
Absolutely, I'd be happy to shed some light on how this EA (Expert Advisor) operates. While I won't dive into the nitty-gritty of the code itself, I can certainly provide you with a high-level understanding of its strategy and offer my insights.
This EA is designed to decode historical price data (tick data) from the MetaTrader 4 (MT4) Tester. It's like having a decoder for historical market movements. Here's how it works:
Decoding Price Data: The EA reads and decodes historical price data that you've obtained from the MT4 Tester. This data contains valuable information about currency pairs, timeframes, and more.
Capturing Key Parameters: It captures various parameters from the historical data, such as the symbol, period, model, number of bars, date range, and model quality. These parameters are crucial for understanding the context of your historical data.
Calculating Trading Costs: It calculates essential trading cost details, including spreads, lot sizes, leverage, and margin requirements. Knowing these costs is fundamental when you're backtesting or optimizing your trading strategies.
Managing Swaps and Commissions: The EA handles swaps (rollover interest) and commissions, two factors that can significantly impact your trading performance. This information can help you make more accurate projections of your trading results.
Margin and Leverage Insights: Understanding margin requirements, free margin modes, and leverage is essential. It ensures that your trading activities are in line with your account size and risk management preferences.
Profiling Price Data: It also profiles the price data in terms of open, low, high, close, and volume. These details are invaluable for backtesting strategies and identifying potential trading opportunities.
Historical Data Periods: The EA captures information about the historical data's time periods. This data segmentation can help you identify how various market conditions have evolved over time.
Advanced Customization: While I won't delve into the code itself, it's important to note that this EA likely provides options for customization, allowing you to tailor your historical data decoding to your specific needs. This flexibility is particularly valuable for traders seeking to fine-tune their strategies.
Now, here's my take on it: Using an EA like this can be an excellent way to gain insights into your trading strategies. It equips you with the historical data and cost-related details you need to make informed decisions. When backtesting your strategies, this kind of data is gold. It can help you refine your trading approach, optimize your risk management, and boost your confidence in your trading plans.
Remember that the success of your strategy still relies on your market analysis, risk management, and trading experience. So, while tools like this EA are incredibly valuable, it's equally essential to hone your trading skills and adapt to the ever-changing Forex market.
Give it a try, and don't hesitate to reach out if you have more questions or need further insights.
DecodeTesterHistory.mq4 10.7 kb, file has never been downloaded.
Profit posts by forum members!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
By using the MT4talk website, you automatically agree to the Forum Rules & Terms of Use, as well as the terms below.
Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
What is MT4talk?
MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The Uploaded file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
Updates for the Forex robots may be limited or nonexistent, depending on the creator. If you choose to download any Forex robot or setting file from the forum, you acknowledge that you are using it at your own risk. MT4talk PRO membership is a digital product. Therefore, after you complete the PRO membership purchase, there is no refund available!
We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.