The Magic number Forex is used when we connect our trading account with the statistical website to track the results. Also, when we have many Expert Advisors trading in one account, and we look at the History, we use the Magic Number Forex to recognize which is the EA that opened the trade. I will need to click on Compile, and it will change What is the magic number and how to use it in MT4 and MT5 EA Updated: Oct 2, 2019 Today we will talk about the magic number, which you will find in every EA(expert advisor) in metatrader4 and metatrader5 as well. But with Forex Magic number EA, you will be able to do it. While setting your parameters, if you did enter a magic number for both the trades at the time of opening them, you will be able to know what EA opens it with. Like for scalping, EA may use 100 as its magic number while for trend following, it may use 200. Ways to get Forex Magic number: Magic number is one way to do that, although a good EA will use other methods as well such as currency pair checking. You will need to determine whether or not your code is robust enough to operate without a magic number change - or whether or not it even uses the magic number
Magic number Forex is great tool to use in Forex Expert Advisors. It allows the trader to follow the performance of the trades, and select the best ones. 2 Dec 2018 In some courses from EA Forex Academy, you will 99 Expert Advisors trading simultaneously. With the Magic number Forex, it would be 5. Okt. 2016 Guten Abend, ich bin Thomas und programmiere seit einer Woche an meinem EA. Ich bin 22 Jahre alt komme aus Bayern, habe keine
The EA is programmed to trade five (5) Forex pairs on multiple timeframes. In order to achieve optimized results the Forex Robot must be set as follows: M15 Chart: EURUSD; M5 Chart: GBPUSD, AUDUSD, NZDUSD, USDCHF Magic Number – This parameter forces KeltnerPro to identify and manage only its own trades. That is useful for trades executing
Magic # is the unique number assigned to all open algo trades so that the algo “knows” which trades belong to its algo. If you have TWO or more Expert Advisors (EAs) and they trade on the same symbol (e. g. EURUSD), they won't logically be able to Close all trades, Based on Magic Number Modification 13 replies. want script to open order by magic number change 4 replies. MT4: Can comments or magic number be modified if order open? 4 replies. One EA - two independent magic number trades 2 replies. Ever seen this magic number bug? 4 replies Jun 06, 2018 · Using multiple Expert Advisors without conflict on an MT4 trading platform usually requires Magic Number, so better use it. For each EA to be able to identify its trades a special ID is used, which is called Magic Number. Each trade has a Magic Number and it’s here for just one reason – to make it easy for each EA to detect its own trades. A magic number on MT4 is a unique number that is used by Expert Advisors to track open positions. Just as a license plate allows you to track not only the state a vehicle belongs to but even the individual who owns it, an EA uses the magic number to distinguish trades that it has opened, as compared to those it has not.
The EA can be used as often as you want on as many broker trading accounts you want as long as you do not use it on more than 2 computers. *** 50% discount to Existing EA and Indicator clients. Existing clients with an EAFactory log in can purchase the EA for a 50% discount at $36.50 by using the 50% discount PayPal buttons on the EAFactory Jun 18, 2020 · Magic Number: The Magic Number is a number that helps MetaTrader4 and MQL4 identifying the orders. A Magic Number is necessary especially when running different Expert Advisors and different strategies: Initial LotSize: This is the first lotsize that will be used by the EA: Lot Exponent