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My own EA ?

  • #1
  • First Post: Jun 24, 2008 4:02pm Jun 24, 2008 4:02pm
Hi guys,

Even if my last strategy was profitable, I have got now a new one. Associated with an other french, who composed the portfolio of indicators, today I need help. To start with, the portfolio is composed of MACD, RSI, Fibonnaci retracement and a few else. But everything will be explained in an other thread. Because this one gives about 350 pips a month. Because in september I will start new study in managment, I will miss time to trade "a mano", I would like to automatise this strategy. And use it to earn a living.

Could you in this way
- Confirm to me that an EA is a sort of auto-trader

I just didnt understood this :/

Thx !

PS: I will learn how to get my own EA myself not asking for someone to
  • #2
  • Jun 24, 2008 5:27pm Jun 24, 2008 5:27pm
Yes, MT4 EAs trade automatically 24/5. Properly coded, it can submit any kind of order (market, pending) and manage them (indicator-based exits, trails, stop-loss adjustments, etc). The MQL4 language is very similar to C/C++, so if you're an experienced programmer, you should have no problem learning MQL4. As long as you can code your logic properly, your creativity is the only limit. The MT4 platform needs to be connected to your broker in order for the EA to function, so you need a continuous & reliable internet connection.
Dave
  • #3
  • Jun 25, 2008 3:01am Jun 25, 2008 3:01am
Thanks for this quickly answer ! Is an experience as Texas Instrument Maths encoder enough ?

I hope this langage is not too hard to learn ! But I think every indicator I will use has already been programmed... so I will 'only' have to compile the differents indicators and the Stop/TP orders...

Is there any how to guide available on the web ? Or does anyone have a pre-composer EA where the indicts are to write and only it ?
  • #4
  • Jun 25, 2008 3:30am Jun 25, 2008 3:30am
Quoting bidule
Thanks for this quickly answer ! Is an experience as Texas Instrument Maths encoder enough ?

I hope this langage is not too hard to learn ! But I think every indicator I will use has already been programmed... so I will 'only' have to compile the differents indicators and the Stop/TP orders...

Is there any how to guide available on the web ? Or does anyone have a pre-composer EA where the indicts are to write and only it ?
This can help you create simple EA's, and in the process learn some of the coding. Hope this is helpful:
http://sufx.core.t3-ism.net/ExpertAdvisorBuilder/
Liberate me ex inferis
  • #5
  • Jun 25, 2008 6:18am Jun 25, 2008 6:18am
Fine! Many thanks!
  • #6
  • Jun 25, 2008 6:21am Jun 25, 2008 6:21am
Quoting bidule
Thanks for this quickly answer ! Is an experience as Texas Instrument Maths encoder enough ?

I hope this langage is not too hard to learn ! But I think every indicator I will use has already been programmed... so I will 'only' have to compile the differents indicators and the Stop/TP orders...

Is there any how to guide available on the web ? Or does anyone have a pre-composer EA where the indicts are to write and only it ?
MT4 language is very similar to c++ so if you have allready some programing experience it will be very easy.

Bonne chance
  • #7
  • Edited 3:48pm Jun 25, 2008 3:03pm | Edited 3:48pm
I don't know why people keep confusing MQL with C, yes it is procedural, yes it has global variables etc but there are new concepts in MQL specificaly designed for Trading a Market. If you are a programmer, yes you can learn if you spend time actually coding, hands on experience is invaluable, but saying to new people learn C and then master MQL is absolutely wrong in my opinion. If you want to learn MQL, learn MQL from someone that knows it not from a C book.
  • #8
  • Jun 25, 2008 4:40pm Jun 25, 2008 4:40pm
All that anyone said is that MQL4 is like C/C++. MQL4 is basically C/C++ with a trading function library, that's all. (As opposed to Fortran or Basic or Java or Revolution or even Easy Language, etc.)

And, by the way, it's only MQL4 that's similar to C/C++. The older MQL3 is more like Easy Language.

I never learned MQL from "someone who knows it." Personally, I was able to master MQL within a few minutes ... as can any C/C++ programmer who understands the basics of trading & technical analysis tools, imho.
Dave
  • #9
  • Jun 25, 2008 5:26pm Jun 25, 2008 5:26pm
Quoting DaveL
All that anyone said is that MQL4 is like C/C++. MQL4 is basically C/C++ with a trading function library, that's all. (As opposed to Fortran or Basic or Java or Revolution or even Easy Language, etc.)

And, by the way, it's only MQL4 that's similar to C/C++. The older MQL3 is more like Easy Language.

I never learned MQL from "someone who knows it." Personally, I was able to master MQL within a few minutes ... as can any C/C++ programmer who understands the basics of trading & technical analysis tools, imho.
C++ is object oriented and irrelevant with MQL.

What I'm trying to say is that if you can code any modern language you can learn MQL. It doesn't really have to be C does it?

And Java has no relation to c/c++?? Are you sure?

You were able to master it in a few minutes? Thats great, don't be shy to show us your great masterpiece and maybe I'll show you mine. But don't be too fast to blame the method when your EA looses...
  • #10
  • Last Post: Edited 9:34pm Jun 25, 2008 5:55pm | Edited 9:34pm
MQL5 will be object-oriented.

Java doesn't support pointer arithmetic. MQL4 & C/C++ do.

Yes, my EA is up 250% since this February. PM me, and I'll send you a trade report.

I agree with you that learning programming in general is a good start to learn how to program MQL4. But again, all anyone has said here is that MQL4 is very similar to C/C++, and transfering knowledge between the two is relatively straightforward.
Dave
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