Development of auto trading system and technical indicators
automated trading is one of the powerful features of MT4 enabling traders to generate, experiment and implement Expert Advisors and technical indicators. It reduces any barriers in analytical and trading activity.
Traders can develop Trading Robots and Technical Indicators for MT4 on their own, but also you may outsource, buy or just download them for free.
The software features the MQL4 IDE allowing traders to develop Expert Advisors (trading robots) and technical indicators at any sophistication level . Its core is MQL4 object-oriented programming language for trading strategy development. It offers high performance, versatility, and functionality.
The built-in MetaEditor is engineered for the development of trading strategies in MQL4. It also has the debugger. The accumulation is also executed in the editor. After that, the software is automatically exported to MetaTrader 4 where it can be experimented and improved using the Strategy tester, which is yet another MQL4 IDE element. The MT4 platform runs trading applications, and therefore it is the last segment of the system.
therefore, in MT4, the trader’s indicator investigate the markets, while an Expert Advisor trades in them. Yet there is more to that. Traders can apply ready-made product in a few additional ways:
release it in the Code Base, so that other of traders can download it for free or
sell it in the Market
deliver it to your customer via Freelance service and collect a payment .
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- fx4uk.com on 16th July 2016.