New project work for you
Education is what is left when we forget what we have learned.
Hello dear traders,
For many years, I have been working as a full-time scalper and day trader in international currency trading, where over $ 5.1 trillion is transacted every day. Foreign exchange is now regarded as a separate asset class, as the market has grown enormously in recent years. The price is determined by supply and demand in each market. Therefore, I only act according to specially created supply and demand zones which I identify with the help of the equilibrium (price equilibrium). Indicators should not be used for buying or selling decisions, but they can be very helpful at work. The programming language these indicators are programmed in has a lot in common with Java and C ++. That was the approach for me to learn a programming language to better understand the indicators and their calculation principles.
I made comparisons between C ++ and Java and finally decided on Java because it was easier to learn from my point of view and possibly had the bigger future. Java again took first place in the TIOBE Index in 2018. The TIOBE Index is a ranking of the most important programming languages. Over 9 million Java programmers worldwide are proof of that. Java is one of the most popular programming languages in the world and is used on more than three billion devices. However, MQL4 has more to do with C / C ++ than with Java, but to learn a programming language, I have chosen this way only once.
In January 2018, I finally opted for a study online course that ran from march to august 2018. The costs of more than 12,000 euros were athletic, but absolutely justified to reach the goal. 8 hours per day over 6 months, that's just 10 € per Java hour. If I compare there other courses, which cost 2.500 € for 5 days my selection was a cheap offer. The timetable was structured, 2.5 months (400 hours) OCA (Oracle Certified Associate) instruction, then the OCA exam. 1.5 months (200 hours) OCP (Oracle Certified Professional) lessons, then the OCP exam and then another 2 months (300 hours) the Enterprise Edition followed by the OCM (Oracle Certified Master) exam. A total of more than 900 teaching units Java and additional learning units totaled more than 2,000 hours.
After this stressful Java study, I know what it takes to pass the Oracle Certified Associate (OCA), Oracle Certified Professional (OCP) and OCM (Oracle Certified Master) exams on average with over 86%. It took a lot of time and work, but in the end it was worth it.
The three exams that took 2.5 hours each in the Oracle Exam Center were not as stressful as I initially guessed, actually I did not need the exams because I did not want to become a Java programmer, but my ambition was that. In retrospect, however, I'm a little proud that I made it. I'm not a professional for a long time yet, just like stock market trading you need at least 10,000 hours to become a pro. But Java was just the basis for me to learn and build on a programming language.
MQL4 is an object-oriented programming language developed specifically for the Metatrader platform. Originally, its syntax was based on C. The other platform, MetaTrader 5, was released together with MQL5 in 2010, and MQL4 now has new graphics objects and functions from MQL5 for chart analysis. Both languages support almost all standards of object-oriented programming, with the exception of multiple inheritance: data encapsulation and type extension, inheritance, polymorphism, overloading, virtual methods. The main disadvantage of the MQL family languages is the impossibility of creating independent applications.
The first crucial step is to understand how an indicator works. From this I can deduce how this information is important to me or if I need it at all. Basically, you first have to understand how such an indicator is composed. The data input of an indicator receives only price information, time information and the volume from interbank trading. From this information, very different indicators are then created.
The second crucial step is to collect and combine information that is important to me. This creates new forms of information that are crucial to me as a trader.
The third and final step is to create indicators that do not yet exist and to gather information from them that will give me additional arguments for my decision.
Based on the results of indicators, I will never open or close a trade, but only on the basis of my zones of supply and demand, which I come from purely price information. Even the volume is completely irrelevant to me. Nevertheless, so-called auxiliary indicators help me in my decision-making. It will take a while until I am able to independently program these required indicators, but in the last months I have been diligent, very creative and had the professional help of an experienced MQL4 programmer from Germany.
Together we have been following some projects in the last 6 months, the results of which I will introduce to you in the next few weeks. The resulting indicators support my approach to demand and supply in a particular way. It is not a holy grail, but these indicators have not existed in this form so far, and in combination with supply and demand, completely new perspectives open up. These developed indicators require explanation and build on each other. That's why I'll introduce these indicators one by one. That's a basis, because that's where my newly created trading screens are derived, which I will discuss individually. This will give you a trading instrument in your hands. If you use this instrument in terms of supply and demand, you will have a lot of fun in the future.
I wish you a great weekend
best regards
Education is what is left when we forget what we have learned.
Hello dear traders,
For many years, I have been working as a full-time scalper and day trader in international currency trading, where over $ 5.1 trillion is transacted every day. Foreign exchange is now regarded as a separate asset class, as the market has grown enormously in recent years. The price is determined by supply and demand in each market. Therefore, I only act according to specially created supply and demand zones which I identify with the help of the equilibrium (price equilibrium). Indicators should not be used for buying or selling decisions, but they can be very helpful at work. The programming language these indicators are programmed in has a lot in common with Java and C ++. That was the approach for me to learn a programming language to better understand the indicators and their calculation principles.
I made comparisons between C ++ and Java and finally decided on Java because it was easier to learn from my point of view and possibly had the bigger future. Java again took first place in the TIOBE Index in 2018. The TIOBE Index is a ranking of the most important programming languages. Over 9 million Java programmers worldwide are proof of that. Java is one of the most popular programming languages in the world and is used on more than three billion devices. However, MQL4 has more to do with C / C ++ than with Java, but to learn a programming language, I have chosen this way only once.
In January 2018, I finally opted for a study online course that ran from march to august 2018. The costs of more than 12,000 euros were athletic, but absolutely justified to reach the goal. 8 hours per day over 6 months, that's just 10 € per Java hour. If I compare there other courses, which cost 2.500 € for 5 days my selection was a cheap offer. The timetable was structured, 2.5 months (400 hours) OCA (Oracle Certified Associate) instruction, then the OCA exam. 1.5 months (200 hours) OCP (Oracle Certified Professional) lessons, then the OCP exam and then another 2 months (300 hours) the Enterprise Edition followed by the OCM (Oracle Certified Master) exam. A total of more than 900 teaching units Java and additional learning units totaled more than 2,000 hours.
After this stressful Java study, I know what it takes to pass the Oracle Certified Associate (OCA), Oracle Certified Professional (OCP) and OCM (Oracle Certified Master) exams on average with over 86%. It took a lot of time and work, but in the end it was worth it.
The three exams that took 2.5 hours each in the Oracle Exam Center were not as stressful as I initially guessed, actually I did not need the exams because I did not want to become a Java programmer, but my ambition was that. In retrospect, however, I'm a little proud that I made it. I'm not a professional for a long time yet, just like stock market trading you need at least 10,000 hours to become a pro. But Java was just the basis for me to learn and build on a programming language.
MQL4 is an object-oriented programming language developed specifically for the Metatrader platform. Originally, its syntax was based on C. The other platform, MetaTrader 5, was released together with MQL5 in 2010, and MQL4 now has new graphics objects and functions from MQL5 for chart analysis. Both languages support almost all standards of object-oriented programming, with the exception of multiple inheritance: data encapsulation and type extension, inheritance, polymorphism, overloading, virtual methods. The main disadvantage of the MQL family languages is the impossibility of creating independent applications.
The first crucial step is to understand how an indicator works. From this I can deduce how this information is important to me or if I need it at all. Basically, you first have to understand how such an indicator is composed. The data input of an indicator receives only price information, time information and the volume from interbank trading. From this information, very different indicators are then created.
The second crucial step is to collect and combine information that is important to me. This creates new forms of information that are crucial to me as a trader.
The third and final step is to create indicators that do not yet exist and to gather information from them that will give me additional arguments for my decision.
Based on the results of indicators, I will never open or close a trade, but only on the basis of my zones of supply and demand, which I come from purely price information. Even the volume is completely irrelevant to me. Nevertheless, so-called auxiliary indicators help me in my decision-making. It will take a while until I am able to independently program these required indicators, but in the last months I have been diligent, very creative and had the professional help of an experienced MQL4 programmer from Germany.
Together we have been following some projects in the last 6 months, the results of which I will introduce to you in the next few weeks. The resulting indicators support my approach to demand and supply in a particular way. It is not a holy grail, but these indicators have not existed in this form so far, and in combination with supply and demand, completely new perspectives open up. These developed indicators require explanation and build on each other. That's why I'll introduce these indicators one by one. That's a basis, because that's where my newly created trading screens are derived, which I will discuss individually. This will give you a trading instrument in your hands. If you use this instrument in terms of supply and demand, you will have a lot of fun in the future.
I wish you a great weekend
best regards
Forget:That does not work, amateurs build the ark, pros the Titanic!
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