MQL4 Expert Advisor Development: Build Your Own Forex Bot

Learn MQL4, coding your Forex bot, risk management, backtesting, and use of a VPS.

Ratings 5.00 / 5.00

MQL4 Expert Advisor Development: Build Your Own Forex Bot

What You Will Learn!

Learn how to automate your trading without needing to know any programming languages. Understand the benefits of automated trading and how it can improve your t
Build technical skills in MQL4 programming and using MetaTrader tools.
Master risk management and position sizing using Metatrader functions.
Learn to backtest, analyze performance, and use a VPS for efficient automated trading.

Description

Welcome to "MQL4 Expert Advisor Development: Build Your Own Forex Bot" course! This comprehensive course is designed to take you from beginner to advanced level in MQL4 programming, with a focus on building your own Forex trading bot.

Throughout the course, you will learn about the benefits of automating your trading, familiarize yourself with the MetaEditor and MetaTrader platforms, and master the basics of MQL4 programming language. You'll also learn how to program in MQL4, using variables, arithmetic operations, understanding logical and relational operations.

In addition, you'll dive deep into the world of indicators, scripts, and Expert Advisors (EAs) while exploring popular indicators like Moving Averages, RSI, and ATR. You'll gain a solid understanding of if/else statements with examples on these popular indicators, and understand risk management and position sizing, including how to use MetaTrader functions such as accountequity, accountbalance, and iATR.

Furthermore, you'll learn about global and extern variables and how to use them to make your trading bot more dynamic. You'll also create a script to automate stop loss and position size based on account equity and risk percentage. Finally, you'll create your own custom EA from scratch and learn about backtesting to analyze its performance.

By the end of the course, you'll have a comprehensive understanding of MQL4 programming language and be able to build and customize your own Forex trading bot. You'll have the skills and knowledge required to start automating your trading strategies and take your trading to the next level.