Two new promising and requested indicators are released:
MFI Trendline Indicator (with MTF and alert functions)
MFI Divergence Indicator (with MTF and alert functions)
You can find the changelog on the UPDATE page where our customers can download the latest versions. You can find all of our FREE and paid indicators on the INDICATOR page.
Unlike all the previous releases this one doesn’t include new features. We only made some minor speed and stability improvements for all indicators: some bugs what caused by MT4 are fixed and we launched new servers for the calculations of indicators. This version will run under 646 build (or later) Metatrader 4.
You can find the changelog on the UPDATE page where our customers can download the latest versions.
Triangle mode for all trendline indicators: It works the same as the True Trendline Indicator's triangle mode where the indicator analyses every movement but draws only the two nearest trendlines (upper and lower).
You can find the changelog on the UPDATE page where our customers can download the latest version.
The major update of MetaTrader 4 platform was released officially at 03.02.2014. The Metatrader 4 build 600 and higher can run the old compiled ex4 files, and there wasn’t any error with our indicators either.
We had two challenges:
The 3rd party installer didn’t work properly because the new MT4 had a new directory structure and other changes. That's why we provided immediately a new zip file with the new directory structure. The User Account Control (UAC) in the Windows Vista or above and the Metatrader's portable mode can confuse the installer, so it can’t find the right Metatrader data folder. Thus, from now we provide a one-click self-extractor instead of the installer.
We can't use directly the wininet.dll because the new MQL4 uses wide characters for DLL calling and we don't like using a double sized Internet traffic. We developed our own DLL for the communication with our servers (Post.dll) which has some speed improvements too.
Installation steps With One-click Self-extractor
Open the Metatrader
Go to file menu and click on "Open Data Folder"
Copy the EXE file to the opened folder
Close the Metatrader (necessary to overwrite the files)
Run the EXE file which extracts the files to the right directories
Restart the MT4 and you will see the indicators and scripts
One-Click Self-Extractor
Install From Zip File
We also provide a zip file with directory structure. You can extract the files manually but please be careful, and copy/extract the files to the right directories in the MQL4 folder (you can extract simply if the zip file is in the the MT4's root folder).
Foreign exchange transactions carry a high degree of risk and any transaction involving currencies is exposed to, among other things, changes in a country's political condition, economic climate, acts of nature - all of which may substantially affect the price or availability of a given currency.
Speculative trading in the foreign exchange market is a challenging prospect with above average risk. You must therefore carefully consider your investment objectives, level of experience and appetite for such risk prior to entering this market. Most importantly, do not invest money that you are not in a position to lose.
In addition, trading on a margin basis means that any market movement will have a proportionate effect on your deposited funds. This can work for you as well as against you. The possibility exists that you could sustain a total loss of initial margin funds.