Articles by: David Williams

Expert Advisor Ownership

Any EA you build with VTS belongs 100% to you.

iExpertAdvisor has absolutely no claim of Expert Advisor ownership on any MT4 or MT5 Expert Advisor, Script or Indicator you create using our tools.

In VTS you can set a copyright and a link that is automatically inserted into any MQL file generated by VTS.

To set these values, in VTS, go to Tools->Options->Preferences Menu

VTS EA Ownership set from Options menu

From this screen, you can edit the CompanyName and CompanyLink items.

This will result in the following MQL code being inserted into the Expert Advisor when it is created:

#property copyright “Copyright 2014, iExpertAdvisor, LLC (bld #:2 2014/02/4 09:38:02)”
#property link “http://www.iExpertAdvisor.com”

The default values are iExpertAdvisor’s, but this does not mean we intend to hold the copyright to your EA.

Note: I also added a build number and time-stamp to the copyright value. I did this because the copyright value appears in the MetaTrader Strategy Tester pull-down menu when choosing an EA to test. This way you know exactly what version of your EA you are testing.

Education

How to Build a MetaTrader Moving-Average Crossover Custom Indicator Using VTS

How to Build a MetaTrader Moving-Average Crossover Custom Indicator Using the VTS EA to Custom Indicator Plug-in

This video shows how to create a MetaTrader Moving-Average Crossover Custom Indicator that shows buy and sell signals based on a moving average crossover.

The EA-Indicator VTS plug-in allows you to create a custom indicator from any VTS Expert Advisor. Within VTS, you simply change the target from “Expert Advisor” to “Ea Indicator” and press “build”. This will create a custom indicator in the MetaTrader platform’s custom indicator folder.

A custom indicator created by the EA-Indicator plug-in draws two lines. A blue line to show open and close BUY signals. And a red line to show open and close SELL signals.

A line greater than zero means there is an OPEN signal.
A line less than zero means there is a CLOSE signal.
A line at zero means there is no signal.

This example uses a moving average crossover of a fast moving average and a slow moving average.

When the fast MA crosses up through the slow MA a BUY signal is generated.
When the fast MA crosses down through the slow MA a SELL signal is generated.

The process used to create this indicator was to create the Expert Advisor first and then change the VTS target to “Ea Indicator” and build the custom indicator.

For any VTS Expert Advisor that has already been created, the process is to simply set the VTS target to “Ea Indicator” and press “build”.

Watch This Short Video to how to Create a Moving-Average Crossover Custom Indicator (enjoy the music 🙂

VTS System Zip File: MaCrossOver.zip

Strategies