MQL Elementary:Start Learning Algo Trading With MetaTrader 4

What’s Algorithmic Trading? It’s using computer software to handle trades, based on the specific rules which are defined in the codes.

With Algo Trading,

- Trades are handled automatically, with high speed and accuracy, 24/7.

- Human mistakes are removed since the computer works emotionlessly.

- Transaction costs are reduced since the trades are executed fast and at the best prices.

- Unlimited charts and strategies could be handled simultaneously.

There are many platforms which can be used to implement algorithmic trading software. One of the most common one is MetaTrader4 (MT4). It’s widely used by many brokers and traders all around the world.

To implement Algo trading methods through the MT4, you need to use its programming language: MQL4. It’s a powerful language and could be used to implement all types of algorithmic methods, custom indicators, trading assistants and so on, from the simplest to the most complex ones.

This course is designed to help you make your first steps to learning MQL4 language, without any programming background. At the end of this course you’ll be able to develop and run your first trading bot/Expert Advisor (which opens positions with custom stop loss and take profit, based on the candles’ direction) on your system. After passing this course you can decide whether you want to continue this journey and keep learning to the most advanced levels.