| Automated forex trading with Metatrader 4 |
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Automated trading - a relatively new, promising technology. It lies in the fact that management of the trading account is transferred to a computer program (Expert Advisor, Expert, Advisor), and MetaTrader 4
Experts can also analyze the markets. In other words, MetaTrader 4 is able to completely free the trader from routine monitoring of the market and making deals. How it works, you can see on the site of the annual championships of Automated Trading Championship. Using these tools, you can create yourself or use another advisers’ development. All the experts are written in MQL4 editor MetaEditor. After the advisor is compiled, it appears in the client terminal, which can be tested in the Strategy Tester or running for execution. MQL4 - a C++-like language. It is one of the most functional and fastest on the market. MQL4 is very flexible and allows to supervise almost all parameters of experts in details. This gives wide opportunities for development experts, and allows you to automate virtually any trading strategy. For speed characteristics MQL4 than all the specialized languages of trading strategies, second only to high-level languages Java and C + +. It is a combination of high functionality and the majority of traders choose MQL4. In addition to experts on MQL4 can create your own indicators (Custom Indicators) and scripts (Scripts). Own indicators are full analog built-in technical indicators. They allow you to analyze the dynamics of financial instruments and to issue trading signals. If the lack of standard indicators, you can write your own or use the tools developed by other traders. However, this automated trading MetaTrader 4 does not come to an end. Around the development environment MQL4 grew its own infrastructure. The official site has MQL4.community is a base of MQL4-free programs that can use anyone. Daily Expert Advisors write all the better advisers, share them and put up for sale. If you have desire to develop his own program, you may find a complete description of the language and hundreds of articles on various aspects of programming in MQL4. And in addition, community members will help you. In addition, each year, the annual championship of Automated Trading Championship is hold, and hundreds of developers are trying to participate in it, to demonstrate their achievements. In general, selecting the MetaTrader 4, you will have no problems with the use of ready-made experts, and for writing your own advisors will be a huge base of knowledge. |
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