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Programming Made Simple for MT4 FX Trading Finance Articles | May 11, 2012 Programming is a common language used in software industry and with the release of MetaTrader trading platform, it introduce a programming language with is similar to C into the Forex Trading world.
With programming, Forex Trader can put their winning strategy into programming codes and run on MT4 trading platform to let the computer trades automatically. This is make possible using MQL or metaquotes languages to write and compile using metaeditor into executable ex files which are called expert advisor to run on MT4 trading account.
The programming is similar to C with declaration of variables, logic comparision and executing of files and functions.
Variables
MQL4 comes with various data types namely integer, Boolean Cheap Jerseys China , character, string, float, color and date & time. You can create local variable can using the standard declaration like int, double, string Cheap Jerseys , etc. For global variables, you have to declare the variables before int start(). To have your variable available and value retained after program ended, use static variable declaration by static int, static double, etc
Standard Constants
It comes with many standard constant that you can use which is already predefine by the program. One of the most important standard constants are timeframe which comes with PERIOD_M1, PERIOD_M5 Wholesale NBA Basketball Jerseys , PERIOD_M15, PERIOD_M30, PERIOD_H1, PERIOD_H4, PERIOD_D1, PERIOD_W1 and PERIOD_MN1. This is useful in defining the currency chart to use for technical indicator trigger. Next is the OrderSend() function which uses trade operations constant OP_BUY Wholesale Basketball Jerseys , OP_SELL, OP_BUYLIMIT, OP_SELLLIMT, OP_BUTSTOP and OP_SELLSTOP which covers all the 6 different trade execution. The last importance standard constant is price related which is PRICE_CLOSE, PRICE_OPEN, PRICE_HIGH and PRICE_LOW which is often used in technical charting.