Implementing the Success Trading Strategy in MT4 and MT5

I'll show you how to implement this trading strategy in both MetaTrader 4 and MetaTrader 5 platforms. The strategy uses a combination of Moving Average crossovers and RSI to generate trading signals.

MT4 Implementation (MQL4)

MT5 Implementation (MQL5)

Key Differences Between MT4 and MT5 Implementations

1. Code Structure:

   • MT4 uses OrderSend() for trade execution
   • MT5 uses the CTrade class for trade execution

2. Indicator Handling:

   • MT4 uses direct indicator functions (iMA, iRSI)
   • MT5 uses indicator handles and CopyBuffer()

3. Position Management:

   • MT4 uses OrdersTotal() and OrderSelect()
   • MT5 uses PositionsTotal() and positionInfo class

4. Variable Names:

   • MT4 uses Digits, Point
   • MT5 uses _Digits, _Point, _Symbol

Installation Instructions

For MT4:

1. Open MetaTrader 4
2. Click on "File" > "Open Data Folder"
3. Navigate to MQL4 > Experts
4. Copy the SuccessEA_MT4.mq4 file here
5. Restart MT4 or refresh the Navigator panel
6. Drag the EA onto a chart of your preferred currency pair

For MT5:

1. Open MetaTrader 5
2. Click on "File" > "Open Data Folder"
3. Navigate to MQL5 > Experts
4. Copy the SuccessEA_MT5.mq5 file here
5. Restart MT5 or refresh the Navigator panel
6. Drag the EA onto a chart of your preferred currency pair

Configuration Tips

1. Risk Management:

   • Start with a lower risk percentage (0.5-1%) until you're comfortable with the EA's performance
   • Adjust StopLossPips and TakeProfitPips based on the volatility of your chosen pair

2. Indicator Settings:

   • The default settings (MA periods 12/26, RSI 14) are standard but can be optimized
   • Use the Strategy Tester to find optimal settings for your specific pair and timeframe

3. Timeframe Selection:

   • The strategy works best on H1 and H4 timeframes
   • Lower timeframes may generate more signals but with lower quality

4. Optimization:

   • Use MT4/MT5's built-in Strategy Tester to optimize parameters
   • Focus on optimizing one parameter at a time

Additional Features You Could Add

1. Trailing Stop: Modify the ManageOpenPositions() function to implement trailing stops
2. Time Filters: Add parameters to only trade during specific hours
3. News Filter: Avoid trading during high-impact news events
4. Multiple Timeframe Analysis: Add confirmation from higher timeframes
5. Partial Close: Close portions of the position at different profit targets

Would you like me to explain any specific part of the implementation in more detail?