What is magic number in forex ea

What is magic number in forex ea

A magic number is an identifier for the orders. Basically, when you open an order in MetaTrader 4 using MQL4 code, you can associate the order to a number. The same magic number can be used in many orders. Of course, you could generate a different magic number for each order, but this wouldn't be helpful as you will see in the next section Today we will talk about the magic number, which you will find in every EA(expert advisor) in metatrader4 and metatrader5 as well. Many people don't know what this number means and what to do with it. After this article you will find out that it is very simple to use this feature. This is the magic number and where to find it. Actually it's an identifier for each trade made by EA, 12/28/ · The Magic number Forex is used when we connect our trading account with the statistical website to track the results. Also, when we have many Expert Advisors trading in one account, and we look at the History, we use the Magic Number Forex to recognize which is the EA that opened the trade

Magic Number Forex - The Forex Expert Advisor - EA Trading Academy

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How to use MagicNumber of RobotFX Auto Recovery expert advisor

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MetaTrader Magic Number -

9/21/ · A magic number on MT4 is a unique number that is used by Expert Advisors to track open positions. Just as a license plate allows you to track not only the state a vehicle belongs to but even the individual who owns it, an EA uses the magic number to distinguish trades that it has opened, as compared to those it has not The magic number for the trades that are opened manually is zero, but the trades that are opened on the MT4 platform, using an EA, are assigned unique numbers that can range from 0 to These numbers can help you in finding open trades. Let’s see how. The MQL language uses OrderSend to open a blogger.comted Reading Time: 5 mins A magic number is an identifier for the orders. Basically, when you open an order in MetaTrader 4 using MQL4 code, you can associate the order to a number. The same magic number can be used in many orders. Of course, you could generate a different magic number for each order, but this wouldn't be helpful as you will see in the next section