More and more transactions in the forex market are planned and performed using special software. And automatic trading gives good results. For this reason, both professional players and beginners are increasingly beginning to use robots in their trading.
Automated systems in their various forms penetrate into all spheres of life. And today, almost any profession involves the use of some software.
Many traders have also realized that manually processing large amounts of data is too difficult and unnecessary. Since it is quite possible to use specialized robots to work with the market.
There are Expert Advisor programs that point to the optimal solution for the current situation. Robots are also often used to independently make trades in accordance with a given algorithm. Such systems allow you to quickly respond to numerous market changes. At the same time, they never get tired and are always accurate.
Forex programs can perform the following tasks:
This list can be continued, but the essence remains the same – any working algorithms can be translated into code, and thus automate the trading process. This approach makes it possible to take the maximum from the market. At the same time, the emotional factor that has a negative impact on the results of trading is completely excluded.
And if you learn to write at least basic programs, you will get much more freedom in the market and significantly simplify your trading. Over time, you can improve your skills and start creating programs to implement any necessary functions. Plus, the ability to work with code develops analytical and logical thinking, which is very important when trading in the foreign exchange market.
To create trading robots, it is not necessary to study for a long time as a programmer. And often they are developed by people with almost no experience working with code.
It is not so difficult to master the programming languages that are used in forex. It is for this reason that more and more professional traders independently master the code and begin to develop software to implement their own trading strategies.
Many beginners also manage to thoroughly immerse themselves in the topic and soon create their own indicators, expert advisors and scripts. Programs created by such people work quite normally, performing the specified functions.
If you have ever thought about starting to program, you may have encountered various biases, because of which you could abandon your idea:
For example, a language like Python, with stable training in the evenings, is mastered in 4-6 months.And you can learn how to write simple Python scripts (and not only) in a week. And in the MQL language, everything is even easier. So code ownership is more accessible than it might seem at first glance.
The main function of an ordinary language is to ensure the process of communication between people. Well, the programming language allows a person to communicate with a computer.
Therefore, it includes the following components:
In order for the program to work, you need to put clear data in it – what, when,how and under what conditions to do. Without specific information, the computer will not understand what is required of it, and the program will not work.
The syntax of different programming languages may differ, but the essence will remain the same – detailed commands are formed, which are then performed. Numerous libraries have been created to facilitate the work of programmers at any level. They contain complete sets of ready-made templates and functions. And instead of creating the commands themselves, programmers often plug in a library that already has them.
MQL uses the same principle, but all processes are significantly simpler than in the usual languages. That is, you can start creating Expert Advisors without any experience or special skills.
MQL4 and MQL5 are programming languages for MetaTrader 4 and 5. In the vast majority of cases, they are used to write Expert Advisors, indicators, and scripts. And you can handle them, even if you've never programmed before. The main thing is to tune in to the process of studying the information and its application.
The MQL4 and MQL5 languages have the following features:
If you are looking for a solution for a separate task and simultaneously create it in MQL, you can learn the language from scratch in just a few days. For this reason, many traders begin to master programming on their own and apply it for their own purposes.
After the standard self-training, you will be able to create programs that will help you perform the following actions:
It is worth considering the fact that the MT5 platform is a newer version of the terminal and various tools are created for it much more actively than for MT4.
The capabilities of the MQL language allow you to solve any problem related to the process of trading in the foreign exchange market. And there is already a large community around MQL4 and MQL5. That is, you will have someone to ask difficult questions. There is also a lot of reference information with ready-made solutions. Plus, it is significantly easier to master MQL than a standard programming language that is not focused on trading.
On the MQL5 website there is a section "Freelance", where you can find the "Consultation" type of work. There, freelance programmers give paid advice and answer questions about working with the MQL language. In fact, this is paid training from experienced developers, which can help when working with difficult tasks.
We can also recommend you to look at the sections of our website where automated trading systems, indicators, scripts and strategies with a professional description are presented. You can use them in your trading, or create your own algorithms based on them.
In addition, we offer high-quality programming lessons in the MQL language, which you can use to learn from scratch:
All this is written in a simple and clear language, with examples and instructions. Each lesson will take no more than an hour and a half of your time.
MQL Lesson N1 Basics, code editor, #mql data types
Lesson N2 Loops, functions, conditions, variables #mql
Lesson N3 Arrays in MQL queries of information from MetaTrader #mql
Lesson N4 MQL Writing an Expert Advisor on the Grid #mql strategy
Lesson N5 Transferring the code to MetaTrader5, drawing #mql buttons