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 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.

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 a C++?

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

Can I use Python for MT4?

You will be able to command the EA from python script as well. There will be a bi-directional data stream from EA to Python . There is a WebSocket library available for MQL you can read the MT4 WebSocket Library post and for python, you can just go through the Python WebSocket from RedHat.

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

What language is MT4?

MetaQuotes Language 4 is based on the concepts of the popular С++ programming language. MQL4 is also a high-level object-oriented programming language.

What coding language does MetaTrader use?

MetaQuotes Language 5 (MQL5) is a specialized C++ based high-level object-oriented programming language. All trading applications for MetaTrader 5 are written in MQL5. The major difference of MQL5 from other programming languages ​​is its trading specialization.

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.

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.

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 robot in MT4?

How To Create a MetaTrader 4 Trading Robot

How do you make a Forex Robot?

How to create Forex Robot?

Where can I learn MQL5?

I think you should learn the basic of MQL5 programming first, which is you can learn on Udemy. Once you have the basic knowledge, you can further your study by reading mql5 documentation. If you have any coding problems, just Google or ask on this site.

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.

Is Python fast enough for algo trading?

You should not use python in algorithmic trading because finding trading strategies isn't about how complex things you build, but rather how many ideas you have time to test. There are alternatives to python on the market that will let you build strategies far quicker.

Why is C++ used for trading?

C++ is a middle-level programming language. Components of High-Frequency Trading (HFT) that are latency-sensitive are usually developed in C++ because it is most efficient at processing high volumes of data. Furthermore, C++ is used for many banks' legacy systems.

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 ...

What programming language does Facebook use?

Facebook only uses one language in the Front-end that is JavaScript. JavaScript is the most popular programming language today as it is used by almost every platform in the front-end development that you visit today.

Is TradingView better than MT4?

MT4 is strictly for forex trading and has never evolved beyond that. If you want to expand into stock trading, crypto trading or CFDs then MT4 is no good at all. TradingView on the other hand allows you to analyze pretty much anything including currency pairs, commodities, stocks, indices, futures, cryptos and more.

Is Meta Trader free?

MetaTrader is free to download and use. If you're interested in learning more about the advanced data that's available through MT4, consider speaking with a financial advisor. MetaTrader has been around since 2005, and is an incredibly popular trading platform. It was founded by MetaQuotes, a software company.

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.

Does MT4 have an API?

The MetaTrader 4 broad functionality can be even wider! Application Program Interface, API allow you to build new functions into the platform, integrate it with other solutions and customize it for a variety of unique tasks.