Expert Advisors Automated Trading With MetaTrader 4 MetaTrader 4 gives you the tools to fully automate your trading and money management. We accept all commercially available Activtrades of any trading style - short term scalping, medium term momentum and long term trend following. With the powerful programmable resources within MetaTrader you can devise your own algorithmic strategies and release yourself from the pressure of market watching, risk management and trade execution.
Misquotes Language MQL4
MQL4 is a C-like language, which is one of the fastest and most functionally valuable languages in the world. Its flexibility makes it possible to thoroughly verify all parameters of Expert Activ Trades and enables developers to automate almost any trading strategy. As far as its speed characteristics are concerned, MQL4 outperforms all specialised languages for trading strategies and comes second only to such high-level languages as Java and C++. This combination of broad functionality and high performance has made MQL4 the first choice for many algorithmic traders.
Use the MetaEditor in which to write and build your Expert Advisors, Custom Indicators or Scripts. Custom Indicators are full analogues to built in technical indicators, they are indispensable for analysing price dynamics of financial instruments and showing trade alerts. If the built in range of technical indicators are not enough, you can create your own or use those developed by other traders. Scripts are mini programs that automate small frequently repeated actions. Unlike Expert Advisors, scripts are performed only once and not with every tick. A typical script could be a small program closing all open positions for all instruments with a single key.
Strategy Tester The Strategy Tester module allows you to back test and optimize your strategyâ€™s historical performance. Be confident that your systems are robust before moving to live trading.
MQL 4 Community Automated trading with MetaTrader 4 offers even more than this. A whole infrastructure has evolved around the MQL4 development environment. The official website MQL4.community contains the code base for free-of-charge MQL4 programs that can be used by anyone. New Expert Advisors of higher quality appear every day, and people sell and exchange them. If you wish to start developing your own programs, you will find a full description of the language and hundreds of articles on various aspects of MQL4 programming.