MQL4 Metatrader Development Course
In this ebook, codersguru will try to strip the mystique and confusion from MQL4 by giving you comprehensive tutorials
with a straight forward example.
If you are programming in C or C++ then you know a lot of MQL4, if you didn’t write in any programming language before, no problem, he will guide you to understand the concept of programming in general as well.
MQL4? What, Why and Where?
MQL4 stands for MetaQuotes Language 4.
MetaQuotes is the company who built the MetaTrader Trading Platform.
And to make it stronger than the other trading platforms the company extended it by a built-in programming
language that enables the user (you) to write his own trading strategies.
The language enables you to create one of the following:
1- Expert Advisors.
2- Custom Indicators.
3- Scripts.
• Expert Advisor is a program which can automate trading deals for you. For example it can automate your
market orders, stops orders automatically, cancels/replaces orders and takes your profit.
• Custom Indicator is a program which enables you to use the functions of the technical indicators and it cannot
automate your deals.
• Script is a program designed for single function execution. Unlike the Advisor, scripts are being held only once
(on demand), and not by ticks. And of course has no access to indicator functions.