This section is typically a mt4 programming for dummies who has not create any EA or Robot before.

This is a good start for a dummy to create their first robot.

On the othe hand, Ill create sell trade when 5EMA is smaller than 13 SMA.

For the each of the trade, take profit will be 10 pip and cut lost will be 20 pip.

To understand the syntax, you can learn yourself through MQL4 book website through.

However, if you need further guidance, please go through the consultation that we offer to you.

This is an perfect exercise for beginner whom never build a EA before.

For your knowledge, compilation is an action to convert human understanding code to binary code that is understood by MT4.

The message 0 error(s), 0 warnings(s), compile time: (compile time) will be shown.

This shows that the EA has been compiled successfully and we are ready to use the EA in MT4.

REMINDER: if you are using real Forex account, please change to demo account to test on the EA.

For example, I am opening USDJPY chart loading 15minute timeframe.

The tabs contain EA properiatory details, trading options and input parameter tabs.

You are responsible on your account and know what is the EA is doing.

The chart below shows when a sell condition is met where a sell trade is made with Take profit pip and cut lost pip.

Hope this tutorial will able to help you grab a better idea on EA works in Metatrader 4.

Best Mql4 Book How To Build It

Through different sections, you will understand how a MQL4 script is build from scratch, how to build it, and how to run it from MT4.

Please change to the correct stop price according to your trade.