MT4 Email Sending Setup

Another post for future reference purpose.

I have never needed to configure the email setup because manual trading rarely requires it. Most EA does not even bother with the email function, but as we are finalizing TFT Omega I have decided to put in the capability to provide a daily summary of where the account stands by email on a daily basis.

When an EA is configured to use 'SendMail()' the Email option has to be setup in MT4 client. MQL4 Function that requires Email capability:

bool  SendMail(
   string  subject,       // header
   string  some_text      // email text
   );

Configuring Email for MT4 is tricky, email on MT4 have its quirks and shortfall but there are plenty of ways to work around it. I chose the easiest way to do so, by using an email provider that does not enforce SSL for SMTP.

To configure the email setup, follow the steps below.

1. Open a free email account with www.gmx.com
2. Go to 'E-mail Settings' > 'POP3 & IMAP' of the account. Make sure 'Send and receive emails via external program' is checked.

3. Open MT4 Client, go to the following tab by pressing Ctrl+O. Configure the Email tab as follow and click 'Test'. 

4. The test result should show up in the 'Journal' section of the MT4 client. If test is unsuccessful, close the MT4 client and try again.

Tallinex - Accept US Trader

Adding to the list of Broker I had experience with..

Broker: Tallinex (www.tallinex.com)

Hate the back-office interface, their user interface for account management is so confusing. The withdrawal method is also not self explanatory. The only good thing is that their support is very helpful. I've contacted them 3 times and all 3 time the service provided by suppor was excelent. They resolve your issue on the spot. Contacted them regardless name typo, process and withdrawal error/process requirement. Everything went smoothly after..

The withdrwal from Tallinex to my Singapore Savings account took exactally 3 business day which is excelent. Much better than many other trader that I've seen out there. 

The good thing is that they support US Resident client. If any of you interested to work with them, feel free to give them a try. I would give them a 7/10 just because of their excelent service. If only they have a better user interface.

P.S. : My total withdrawal was $3,400 within a week, with no problem at all.

Tallinex back-office withdrwal request. 

Withdrwal request reflected in Singapore Bank Account.

EU Cyclone - Progress

As I have decided to exclusively trading using EA, the below blog entry will be used to actively track the EA's progress. Manual trading will only be initiate if necessary.

• EU Cyclone - Estimates (Light Green Line)
• Cycle execution per day = 1 cycle
• Estimates daily profit = Balance x 1%

• EU Cyclone - Hourly (Dark Red Line)  [Click Here]
• Cycle exectution per day = 5 - 8 cycle
• # Active hours = hourly / 5 days

• EU Cyclone - Fixed (Dark Blue Line)  [Click Here]
• Cycle exectution per day = 2 - 5 cycle
• # Active hours = 02:00 - 16:00 GMT 

# All trading activity cease during major news release.

-DC

Google Live Graph above is regenerated and updated on a weekly basis.

Graph Note:
Horizontal price line, it is purposly created for easy reading.
Day count = number of weekdays, hence 1 month = 20 days.

Signal Service - EU Cyclone Fix Profit

It have been over a year since I have invested my time and energy to Fx Trading. As time is still scarce for me,in 2016 I'll be investing most of my Fx Trading time letting the robot do my trades.

Those who wants to find out about the signal do look up the below link: Click Here
https://www.mql5.com/en/signals/146265

Below is the backtesting result for 2015.

Summary:
  Initial Capital: $500
  Max Drawdown: 25%
  Largest Position Entry: 0.24 lot
  Total Net Profit: $1,290.00

Extra details, it takes about 6 months to double the account from $500 to $1,000.