How To Have An MT4 Portable Installation 5

Hi everyone,

today I want to share with you a little part of my operativity tricks.

Since the release of the first build 6xx a lot of things in the MetaTrader 4 platform has been moved.

Before build 6xx fundamentally everything you needed to run MT4 was within the installation directory and you could easily “clone” that platform with a simple “copy&paste” of the folder.

Now it is no longer that way as indicators/EAs/libraries/etc are by default installed in a “per user” directory (“C:\Users\username\AppData\Roaming…”).

If you, like me, want to come back and having a “portable” version of the MT4 platform here’s how you can do it.

  1. Install the MT4 platform of your broker (if you haven’t done it already)
  2. It should create an icon on your desktop, right click it and select “Open File Location”. This should bring you to the directory where you should be able to see various directories (config/history/logs… etc). There you’ll find the most important file that is the “terminal.exe”. This is the MT4 Application
  3. Right click the “terminal.exe” file and select “create shortcut”. This should create a “terminal.exe …” file that is a “link” to the original one
  4. Right click the shortcut you just created and select “Properties”
  5. In the “Target” field, go to the very end of it and add ” /portable” (without quotation marks! and with a space in front of it). So for example your Target now it should be: “C:\Program Files\MT4 Broker\terminal.exe” /portable
  6. Close the Properties and rename the shortcut to something like “MT4 PORTABLE” or whatever you want
  7. Double click the “shortcut” and the MT4 platform should open but this time in portable mode. This means that everything you’ll need will be within that “MT4 Broker” folder and indicators/EAs/libraries/etc. will be places into the newly created “MQL4″ directory.
  8. Now you can copy&paste that platform as you want. You can place it into a USB key so that you’ll have all your platforms handy and able to trade on any PC.

All the indicators, EAs, libraries and includes have to be copied into the related directory INSIDE the “MQL4″ one!

If you want a multi-broker platform you can copy the “.srv” files from the “config” directory of any broker into the “config” file of this portable directory so that when you start a new demo account or use a live one, it does let you choose the server you want to use for it and it can be from any of the brokers with the “.srv” files in that folder.

I hope you find this trick useful and let me know if and how you’re going to use it.

Have a good trading day,

Andrea


And The Winner Is…

moto360

Hi everyone,

June 5th has arrived and it’s time to announce the winner of a Motorola Moto 360 Smartwatch.

We extracted the name between the owners of the 90 licenses of ConcertoFX we sold so far.

But let’s come to the winners of this fantastic smartwatch… drum roll, please…

kr…78@gmail.com

Many compliments and thanks again to all those who decided to buy ConcertoFX.

There are still 10 licenses left with 33% off and 3 months of free Elite membership.

Probably this weekend we’ll release an updated version of ConcertoFX. Will give you all the information about it, when it’ll be available. It is under stress test now :)

Have a great weekend,

Andrea


ConcertoFX: Only 20 Copies Left

Hi everyone,

a short update about ConcertoFX.

In this moment there are only around 20 copies left with a 33% discount.

By being one of the first 100 you will also have a free 3 months of Elite membership ($39.99 value) giving you access to ALL the EAs and indicators available on PimpMyEA.com.

But you’ll also will have the chance to be the lucky winner of a fantastic brand new Motorola Moto 360 smartwatch!

Finally but not less important… ConcertoFX has started to be reviewed and tested by third party websites like BestEARobots.com.

After only 4 days of trading ConcertoFX is 14th in the top 40 EAs of their leaderboard. I’m sure that next week it’ll come up in the top 10.

That’s all for today.

Enjoy your Sunday,
Andrea


The Many Symphonies Of ConcertoFX 6

Concerto_Box_SmallHi everyone,

We released ConcertoFX only one week ago and we are receiving a lot of feedback and ideas about how to use it.

We anticipated that we are working on building a set of baskets to use it with.

Here’s a detailed list of those we came out with. Some of those are already on forward test, some will be started very soon.

ALL USD BASKET

This basket is made out of all the crosses with USD. Not only those made with the other 7 major currencies but with all those available in your platform.

Im my case (I’m using FinFX) the currencies used are:

  • AUDUSD
  • USDCAD
  • USDCHF
  • EURUSD
  • GBPUSD
  • USDJPY
  • NZDUSD
  • USDCNH
  • USDDKK
  • USDHUF
  • USDMXN
  • USDNOK
  • USDPLN
  • USDRUB
  • USDSEK
  • USDSGD
  • USDTRY
  • USDZAR

You can also add if you want:

  • XAUUSD
  • XAGUSD

COMMODITIES BASKET

I set this on FXPro as it does give you access to a larger number of commodities:

  • GOLD
  • SILVER
  • GOLDEURO
  • SILVEREURO
  • OIL
  • SOYBEAN
  • WHEAT

STOCKS and/or STOCK INDEXES BASKET

Again we’ll be working with FXPro as it gives you access to a large number of stocks and stock indexes.

We still haven’t created the forward account but we think we’ll add:

  • EURO STOXX
  • CAC 40
  • DAX 30
  • FTSE 100
  • SP500 Mini
  • NASDAQ
  • DOW JONES
  • NIKKEI

for the stock indexes.

But probably we’ll create baskets based on single stocks… any suggestion is welcome here. I don’t trade stocks since more than 15 years now and I’m interested in knowing what you think about it.

The kind of baskets you’ll be able to create will depend much on the instruments that your broker will make available on your MT4 platform.

Remember to adjust lot size so to keep risks as low as possible and to check for spreads and adjust the target profit as well.

In the coming days we’ll publish links to the forward test accounts of the above baskets.

This morning we also started testing it with different timeframes: both more long term and even short term (scalping approach).

Later this week we’ll release the update that will allow the use of the PotenzaFX indicator. Based on my test this should take ConcertoFX trading to an even higher level. But more about that in a few days. Unfortunately the use of PotenzaFX is restricted to the major Forex pairs so no Gold, stocks, etc.

I just want you to remind that only the first 100 copies of ConcertoFX will get:

  • Special price (33% off from regular price)
  • 3 months free Elite Membership (meaning that you’ll have free access to ANY EA and INDICATOR available in PimpMyEA.com now and for the next 3 months)
  • Partecipate to the extraction of a Motorola Moto 360 smartwatch

At the moment I’m writing only around 40 copies are left.

Have a great trading day,

Andrea