Indicator

[guvvy]

Hi all,

I am sorry to trouble you all.

Does anyone know how I can get the API for metatrader 4? I would like to write my own indicator and I think because MT4 is open source (sort of) the API is freely available?

Please help: thank you.

[Richard87]

Hi, you will find everything you need at mql4.com :-) Good luck!

[guvvy]

thanks.

I would also like to programme an automated trading robot and i am going to use oanda as the broker but they charge for the API for the API?!

is that right?

IF I use metatrader 4 shouldnt it be free?!

[Richard87]

Hi, Oanda's API is a software/Api to work directly with Oanda, while MT4's api is just to create apps to trade trough metatrader framework...

In other words, MT4 API is free

[guvvy]

Thank you.

I've spent the last 3 hours looking and cant find it.....

If I do happen to find it and make my own robot or indicator would OandA then allow me to trade it through their service but using mt4?

Thank you

[jtellett]

If you write your robot in MQL and use it only within MT4, then yes, it would be free to you. However, Oanda's API is independent of MT4 and it costs $600 a month unless you have at least $1,000,000/month in trading volume.

[guvvy]

Thank you.

So I my robot works in demo mt4. I can use it with OandA free of charge?

So confused?!?

[Richard87]

Hi, yes you can. Iam doing it.

[guvvy]

Aren't they losing money that way then?

How do I load my robot into mt4?

[guvvy]

Could you help me further please.



On connection from my java code to the server it keeps saying invalid user name and password.

I know the login info is correct because i have opened meta trader with the same details and login is fine,,