What do you think?
Rate this book
Expert Advisor Programming: Creating Automated Trading Systems in MQL for Metatrader 4
Finally, the first comprehensive guide to MQL programming is here! Expert Advisor Programming guides you through the process of developing robust automated forex trading systems for the popular MetaTrader 4 platform. In this book, the author draws on several years of experience coding hundreds of expert advisors for retail traders worldwide. You'll learn how to program these common trading tasks, and much more: - Place market, stop and limit orders. - Accurately calculate stop loss and take profit prices. - Calculate lot size based on risk. - Add flexible trailing stops to your orders. - Count, modify and close multiple orders at once. - Verify trading conditions using indicators and price data. - Create flexible and reusable source code functions. - Add advanced features such as timers, email alerts and Martingale lot sizing. - Avoid common trading errors and easily troubleshoot your programs. - Adjustments for fractional pip brokers and FIFO. - Plus, learn how to create your own custom indicators and scripts! Whether you're a beginner or an experienced programmer, Expert Advisor Programming can help you realize your automated trading ideas in the shortest amount of time. This book features dozens of code examples with detailed explanations, fully-functioning example programs, and reusable functions that you can use in your own expert advisors!
214 pages, Paperback
First published December 16, 2009
8 people are currently reading
114 people want to read
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 - 3 of 3 reviews
April 1, 2019
The bad: Nothing. The only thing that is missing here in my opinion is calculating the rollover value for forex trades with carry, but as this isn't a book on Forex, I don't think I can count that as something that's missing from the book.
The good: An excellent book covering pretty much all uses for Expert Advisors. The examples are simple and the explanations are very good.
The only thing that irritated me slightly is, as a programmer myself, why the author insists on using the for loop condition with <= limit-1 instead of < limit. Aaaargh! But loved the book.
The good: An excellent book covering pretty much all uses for Expert Advisors. The examples are simple and the explanations are very good.
The only thing that irritated me slightly is, as a programmer myself, why the author insists on using the for loop condition with <= limit-1 instead of < limit. Aaaargh! But loved the book.
February 22, 2019
Covering the most basic concepts of MQL4. A newbee may benefit from.
February 29, 2012
Easy to read and follow. Not very advanced, with many complex programing functions omitted. Good book for the beginner.
Displaying 1 - 3 of 3 reviews