Creating a CSV File with MetaTrader 4: A Simple Guide for Traders

Mike 2020.11.14 20:13 23 0 0
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Hey there, fellow traders! I'm Lucas, and I wanted to give back to this amazing community that has taught me so much through insightful articles and discussions. As a forex and stock market investor who codes my own trading tools for personal use, I'm excited to share this contribution with you all!

Today, I'm going to walk you through a simple example of how to create a CSV file for order data using MetaTrader 4. While this expert advisor is not intended for live trading just yet, it's a great way to demonstrate how you can implement this functionality in your own trading strategies.

This little expert will open trades in your chosen direction, and orders can be closed virtually using the menu settings for Take Profit (TP) and Stop Loss (SL). If you set 'WriteCloseData' to true, a CSV file will be generated in your terminal, capturing essential order details such as direction, gain/loss, price, and more.

When you test this expert in the strategy tester, you can find your CSV file in the following location: OpenDataFolder/tester/CSVexpert/CSVexample. The 'CSVexpert' directory will automatically be created when you start testing, along with the 'CSVexample' file that stores all your data.

Once you decide to implement this functionality into your own expert or continue building upon this example for demo or live accounts, you can access the generated file from MQL4/Files/CSVexpert/CSVexample.

You can rename the directory and file to whatever you like, just remember to keep the .csv extension intact. I want to emphasize again that this is purely an example of what you can achieve with this feature. Please be cautious and avoid using it for trading until you're confident in its performance!

Happy trading and coding!

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