How long does it take to learn MQL4?

I did a fair amount of C programming back in the 1980s, and that allowed me to pick up the basics of MQL4 in about 2-3 weeks. If you've never done any programming before, then expect a significant learning curve, just like you would with teaching yourself any other profession.

Is MQL4 hard to learn?

If you have any programming experience, MQL4 is not tough, especially with the lessons posted above. An MA is only one command in MQL4. Once you learn some commands, it will start coming to you. If you have no experience writing actual code, then it might be kinda tough.

Is MQL4 a C++?

MQL4 is based on the concept of the popular programming language C++. The language has enumerations, structures, classes and event handling.

Where can I learn MQL4?

The best place to start was that MACD Sample. mq4 that comes with MT4 and there's also some simple indicators that you could dig up. The MQL4 / MQL5 reference is available in the editor, that's also a great source because it features numerous code samples to illustrate their appropriate function usage.

Is MQL4 a programming language?

MetaQuotes Language 4 (MQL4) is an integrated programming language for developing trading strategies allowing you to create trading robots, technical indicators, scripts, and function libraries for use on the MetaTrader 4 trading platform.

Forex Algorithmic Trading Course: Learn How to Code on MQL4 (STEP BY STEP)

How do I write a program in MT4?

I recommend using the built-in MetaEditor IDE that comes with the MT4 trading platform. To enter the editor, just right-click on an existing expert advisor in the left-hand navigator pane and select modify from the menu. The MetaEditor of MT4 will then open, and you will be able to create a new file.

Which programming language is used in MT4?

MetaQuotes Language 4 (MQL4) is a programming language for developing trading robots, technical indicators, scripts, and function libraries for use on the MetaTrader 4 trading platform.

How do you make a robot in MT4?

Is MQL5 the same as MQL4?

MQL4 provides 32 buffers for one indicator, while in MQL5 it allows you to operate 512 buffers. Below is an example of the source code of the Bears indicator, which is provided by the platform developers together with MetaTrader4.

What programming language is used for forex?

Programming experience of most Forex traders is limited to MQL4/MQL5, cAlgo, and Pine Script. However, experiments with connecting to trading servers via API with Python, Go, and Excel also seem to be gaining popularity.

Should I learn C++ before MQL5?

The short answer is none but it depends on your long-term goals and current level of programming experience. MQL4 and MQL5 are domain specific languages. They look like C++ (many other languages have borrowed the C-style syntax) but MQL has some major differences - primarily due to the differences in goals.

What is MQL4 library?

mql4-lib is a simple library that tries to make MQL programming pleasant with a more object oriented approach and a coding style like Java, and encourages writing reusable components. This library has the ambition to become the de facto Foundation Library for MQL.

Which is better MQL4 or MQL5?

The MQL5 execution speed is comparable to that of С++ applications, while MQL5 programs work up to 20 times faster than MQL4 ones. This is proved by the execution results of standard tests on MQL4, MQL5 and C++. The lower the bar, the less time (in milliseconds) spent on execution and the better the result.

How do you make a Forex Robot?

How does MQL4 work?

MetaQuotes Language 4 (MQL4) is a programming language that allows you to create technical indicators, scripts, function libraries, and trading robots (expert advisors) for use on the MetaTrader 4 (MT4) platform. The language essentially allows you to build your own algorithmic trading software.

Which forex robot is the most profitable?

Perhaps the two most successful forex robots are GPS Forex Robot and 1000pip Climber System. What makes GPS Forex Robot a superb option is that it was developed and designed by industry experts who have experience in the field.

Do forex robots work?

While most forex robots do 'work' in the sense that they are programmed to automatically carry out trades, unfortunately, they are not foolproof so they cannot provide any guarantee of long-term profits. At best, they are a useful tool which can be used by forex traders to help make informed trading decisions.

Is MT4 a broker?

Is MetaTrader 4 a broker? No. MetaTrader 4 is a third-party trading platform that connects to a broker for forex trading. MetaTrader 4 is the most popular third-party platform for trading forex.

What is start in MQL4?

In custom indicators, start() is called (and executed) immediately after a new tick comes, immediately after being attached to a chart, when changing a security window size, when switching from one security to another, when starting the client terminal (if during the previous session an indicator was attached to a ...

How do you build an EA?

What is a script in MQL4?

Script is a program written in MetaQuotes Language 4 (MQL4) and intended for a single performing of any actions. A script can fulfil both analytical and trading functions. Unlike experts, scripts are executed on request, not by ticks.