Thread: Learning MQL4, Coding an EA, Strength Indi, Entry and Exits

I've chosen to begin studying coding this bugger.

I want to automate part of my trading and I believe the EA will be complied.

SO....

I might consider paying somebody to code the bugger while I am learning.

Also where is a fantastic place to begin learning the procedure. Right now going via some youtube videos.

Originally Posted by ;

quote Yes. Do not start learning from mql training since you will pick up some really bad/lazy customs that can harm you in the long run. In defense of some of these videos, they have been largely made prior to the big mql update (construct 600) so that they had to use some undesirable procedures and hacky layout patterns back afterward. To start, you should first examine C ; learn the syntax, the way to utilize include files, the way to make fantastic functions, the way to prevent using non-const international variables, OOP concepts, etc.. You do not need to spend a lot of time with cpp libraries...

attacking you. I'll look into it.

Among the things that I use a lot in my trading is Currency strength. I have been calculating it in my own with pencil and paper, to time consuming.

So also searching for a currency power meter that operates with the new build. Any thoughts? Been looking at a few here.
Would also like to comprehend how the potency is derived to your indior.

Thanks a bunch

Originally Posted by ;

One of the things I use a lot in my trading is Currency strength. I've been calculating it in my own with pencil and paper, to time consuming. So also trying to find a currency power meter that works with the new construct. Any ideas? Check out some here on FF. Would also like to know how the strength is derived for the indior. Thanks a bunch

I think most individuals are using the meter that calculates the current bar, but I have my issues with this. Personally, I like something based on ATR or that https://en.wikipedia.org/wiki/Relati...rency_strength.

I have been calculating it based on three MA's for 28 pairs. Assigning a number for strength of each currency in each pair. Adding the numbers for strength of the currency.

Doing so for Monthly, weekly, daily, and hourly (when trading)

As each currency is evaluated with others to ascertain it's potency.

Have been pleased with the outcomes.

Originally Posted by ;

I have been calculating it based on three MA's for 28 pairs. Assigning a few for advantage of each currency in each pair. Then adding the amounts for advantage of this currency. Doing this for Monthly, weekly, daily, and hourly (when trading) As each currency is assessed with others to ascertain it is strength. Are pleased with the outcomes.

Here are the figures for 2 hours of trading for a good example.

Originally Posted by ;

Also where is a fantastic place to begin learning the procedure.

Yes. Do not begin learning from mql training since you may pick up some really bad/lazy habits which will harm you in the long run. In defense of some of the videos, they have been largely made prior to the significant mql update (construct 600) so that they had to use some bad procedures and hacky layout patterns back afterward. To begin, you should first examine C ; find out the syntax, the way to work with include files, the way to produce fantastic functions, the way to avoid using non-const international factors, OOP concepts, etc.. You don't need to devote a lot of time with cpp libraries however you really should have a fantastic grasp of fundamental cpp layout theories. I really like the Royal understand tutorial and learncpp.com

If I were starting to learn MQL4 now, from scratch, then I wish someone would tell me about the website found at find followed by mql4 and the usual .com.

I'm *not* advoing it out of my personal experience or utilize! I picked up MQL4 in my, researching by examples, making easy mods... today I write some pretty complex progr. I have never accepted any of his courses, therefore I can't give my own story like I did, but I can say that I've heard some things from his freebies on youtube and his website (s). Seeing that website and writer, I have zero affiliation. Most offerings are not free, though there are indeed some completely free videos to acquire samples to see whether the design works for you.

I would take the courses now, just to fill in a few gaps of my own if I'd more *time*, just like a few weeks. I don't. I see value, but I know enough to code (mainly) C-style. (I only code my own projects for myself).

I like the design and presentation. U.S. English is my first language, therefore I'm comfortable at raising playback speed to 1.25x or around 1.5x. Saves me time, and if it's complied and I'm not getting it, I'll slow it down.

It is thorough enough, is upgraded to get b600 , but it's mainly C style examples, not so much C although I will see the syllabus cites it. I really don't understand just how much C is coated; probably not much.

I'm picking up several starting C tips just by following Nicholishen's posted samples. (Thanks!) For C , he said http://learncpp.com

P.S. I'm sure it's obvious, but Nicholishen's guie is go directly to studying C style. The thing is that there isn't (afaik) any website that concentrates directly on studying MQL4/5 (OOP) style. The C website is the concepts of OOP, but you will still need to learn the MQL details.

MetaEditor suggestion: Select a purpose; or start typing one and allow it auto-fill something which looks close and select it; then... F1 key brings up the Support page. I use it all of the time to learn about functions and the syntax.