You can export indicators and prices from MT4 to Excel and execute orders from excel to several MT4s + other cool staff. ;););)
He didnāt forget to mention it, it was removed by the mods because it violates the rules, just like your post does.
Iād advise people not to buy that anyway, you can get data into excel from MT4 by hitting the āsave asā button. 
And why would you want to execute orders from excel anyway??
Excellent coomments! True the link was removed. Only links you pay for are accepted here.
I also would not recomend people to buy that unless they read about it and make sure that this is something they really need. Why would you need to trade from excel!!! Many reasons, perhaps you dont want to have your platform visible on the screen (such as trading from your work place). Maybe you dont know how to code an EA using MQL4 and you wish there was an easier way telling your system to buy eurusd if MA34 is above/below price on Daily and RSI is below 23 on Hourly. Perhaps trading from excel helps you organise your trades betterā¦People have different trading styles and often what fits one does not fit the other. Why is there an IBFX banner on the top of this pageā¦do you really think people need YET another broker?! I would argue that this excel tool will probably serve traders needs better than the presence of another bucketshop banner.
And noā¦you cant do anything with that CSV file.
Cheers:D
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First off, those ābucketshop bannersā pay the bills around here. We wouldnāt have this free forum or the Babypips School without them, so they are providing a service to all the traders here.
Second, you [B]can [/B]do things with that CSV file. I use it all the time. You just save it and open it in excel.
I understand that the banners help maintain the site and provide content to the forum visitors. However on what merits are they allowed to advertise? On who can afford it or on the usefullness of the product they advertise? I would like to think its the second. I have been a frequent reader of this forum and I have noticed that the admins here do their best to provide quality information.
Regarding the CSV file. Yes, you can use the file to achive few things but I will compare that to trying to build a car engine by accessing the hood and importing the parts through the exaust
Well for newbies like me I think it would greatly help if we can use a platform initially that is easier and less complicated like excel. While Iām sure that advanced users have no problem building their strategies from meta trader, it is not as easy for people new in this business and having excel as a tool would be a great advantage for us in starting out in forex trading.
i agree with tradingnb, excel is a basic tool therefore it can be used and newbies like myself can understand it better.
iāve no programming background, and it helps that excel can be used as a platform in meta traderā¦
thanks for all the commentsā¦will now explore excel in meta traderā¦ :0
I really appreciate the information you all posted in here, I donāt know why I didnāt see this before, there are very good tips for being a good trader like using excel in meta traderā¦thanks!
meta trader is difficult on its own, good thing thereās always excelā¦
meta trader is difficult on its own, good thing thereās excel that can be used is meta traderā¦
no need to complicate meta trader when using excel instead of MQL4ā¦another programming language will just make meta trader more difficultā¦
thanks for all the great tipsā¦we can do everything in Microsoft excel.We can use it as a platform of forex trading.
I never was in a class with a teacher teaching computer, I learned what I needed over time and excel never featured - I canāt do nothing with it. But if I can fix a fried power supply or unlock my huawei then Iām not that daft after all - complex instructions will do just fine.
Lets try this. I have a project to get my own precision charts for DJIA Elliot wave study for the other thread. I downloaded the excel index close data for YR1, MN1 & D1 they have at various sites, and I want to get a linegraph for each, with all the dates well aligned with the curve. As easy as it seems, its holding up everything and those tutorial downloads arenāt much help after some point. While at it, Iād like a chart for YR1 closes, and MN1 closes separately, plotted on a semilogarithmic scale for y axis.
Also on the list, would someone explain how to get the account history data into an excel sheet directly; for money management and account monitoring, I require to calculate cummulative account balance and opens, percentages for each singe trade and give each a naming/reference code for posterity (to explain later where all the money went/came from), and currently I have to feed the data manually every weekend to an excel sheet with these additional columns. Could it be done in a few clicks?
Also, for correlation trading there is the close delta relationship for E$ and $Franc which I used to follow on paper now I do it on excel as shown on thread, how to get hourly prices fed to the excel from mt4 in one or two clicks, which cant happen manually on a weekday in realtime or thereabout when its most needed?
That would be excelent. Thanx yoāall in advance.
Regardless of the fact the CSV can not be very useful, a quick knowledge about excel with an easy way to work with MetaTrader can be a really good break for Newbies like me. In my case, I donāt know anything about Metatraderās MQL, however have some few well not as expert knowledge with excel, with some help from 3rd party software, I can save time from learning from learning Metatraders programing to create my strategy but rather focus on learning Excel and linking it to Metatrader to execute my trades. Thanks for youāre feedback because it has made me think of this justification.
Why not put them in a database like MySQL, you can do just about anything then including easily exporting to excel, I can show you how to do that if you know how to set up MYSQL Database.
Attempting to trade with Excel really is a disaster waiting to happen.
If you cant code in MQL4, which is afterall a platform specifically designed to simplify the creation of trading systems for users with limited experience, then how can you possibly expect to use a tool thats NOT designed for this purpose ?
The general idea of software development is to use tools to make life easier. Forcing a simple solution that at most requires a couple of hundred lines of simple MQL code, supported by libraries, and procedures specifically designed for the purpose of placing and managing trades, into another product that was not designed to handle the task is plain crazy.
Face facts, if you cant program in MQL, then you cant program in VBA. If you attempt to code complex algorithms into a bunch of excel formuleās, then semantically the solution makes no sense, itāll be completely unmaintainable, impossible to test, debug or modify.
If you are incapable of debugging and testing simple MQL, then believe me, youāll find the task 100 times harder in excel.
Charting will be inferior, speed and performance will be inferior, and the very worst aspect is that if your attempting to use DDE then the whole solution is based on a technology that hasnt actually been formally supported by Microsoft for almost a decade and didnt work particularly well in the first instance !
Iāve been using Excel since its exception, and I honestly cannot recall finding a single spreadsheet created by a user without software development experience, that did not contain serious errors. Thereās a body of serious research evidence from credible sources that will confirm that to be the case.
Trading is difficult enough without additionally complicating matters. You need to use the right tool for the job, and believe me, its not definately NOT Excel.
Harsh but True.
Hello!
I am trying to use Excel with mt4 dde to do some calculations on position sizing. The problem is that each time I reference the cell containing the live quote in a formula I get the #VALUE! error message. I tried different sample spreadsheets shared on forums but the problem remains.
I run Excel 2003 and under Win XP.
I would appreciate any help!