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Overview: Modern trading relies heavily on computer technology. Automation now extends beyond the boundaries of exchanges and brokerage offices, becoming accessible to everyday users through specialized software solutions. Among the pioneers in this field stands MetaTrader, which emerged in the early 2000s. The latest platform version, MetaTrader 5, remains at the forefront, continuously evolving with innovative features and functionalities.
A key element continuously refined within MetaTrader 5 is its built-in programming language MQL5. It enables traders to ascend to a whole new level of trading automation, commonly referred to as Algorithmic Trading. With MQL5, traders can transform their strategies into applications by writing their own indicators for analysis, scripts for executing operations, or Expert Advisor for complete trading automation. Being an automated trading system, an Expert Advisor can operate autonomously, tracking price changes and promptly alerting traders via email or SMS.
The built-in programming language allows traders to implement virtually any trading concept, from simple strategies to complex algorithms based on neural networks. MQL5 seamlessly combines the features of domain-specific and universal programming languages. Over the years, the language has acquired valuable advancements, such as support for 3D graphics, parallel computations via OpenCL, Python integration, and SQLite database support.
To unlock the full potential of MetaTrader 5, you must delve into programming. This book will help you master MQL5 and learn how to create your own trading applications.
It is assumed that the reader is already familiar with MetaTrader 5. Another prerequisite is the understanding of the fundamental principles of terminal operation within a distributed information system that facilitates trading. The terminal Help provides detailed information on all available features.
Furthermore, using MQL5 API, traders can access capabilities far beyond the MetaTrader 5 GUI. Master the programming language to implement complex scenarios, automating various terminal operation aspects and enhancing trading strategy efficiency.
Genre: Non-Fiction > Tech & Devices
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