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    Thread: Should I been MQL Programming?

    1. #21
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      Quote Originally Posted by Black Mamba     
      yep that is right and the thing is there are already thousands of EA out there , and there would be no topic left that you wont find an EA on it , unless you come up with some thing extraordinary it would be good that you should give time to the trading , and i know this fact that may be few years from now robots would take the place of people , like there are no more pilots in planes .
      Ah, yep, can't let go of those EA roaming freely without interfere from humans at all and do what it likes to do.

      Automated trading doesn't really mean its 100 % automated.

      There are many machines on the factories but there are humans who watch over them although surely those machines are great helps.


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      Black Mamba (01-25-2015)

    3. #22
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      Quote Originally Posted by Bao Long     
      Ah, yep, can't let go of those EA roaming freely without interfere from humans at all and do what it likes to do.

      Automated trading doesn't really mean its 100 % automated.

      There are many machines on the factories but there are humans who watch over them although surely those machines are great helps.
      You being expert in this subject just answer me is it possible for any body to hack systems with the EA robots , i mean is it safe or any body can put Malicious code in the EA and they can than spy on your computer or things like that or may be a keylogger kind of thing .. enlighten me about this Bao Long ...?????


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      Bao Long (06-22-2015)

    5. #23
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      For success in forex not because trader is a mql programmer, i see many trader success although thats trader it can not make a mql programme. Many trader succes with manual trade. But for me to understand mql proramme is important, because we can use mql programme for trading when i am bussy and can not open metatrader. i am very want know how it works a language mql programme in a computere?


    6. #24
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      Quote Originally Posted by Black Mamba     
      You being expert in this subject just answer me is it possible for any body to hack systems with the EA robots , i mean is it safe or any body can put Malicious code in the EA and they can than spy on your computer or things like that or may be a keylogger kind of thing .. enlighten me about this Bao Long ...?????
      Sorry took forever to reply this because I'm rarely in here now although I still visit this site.

      The short answer is no....

      On nowadays OS there are a lot of securities on the system and it won't be so easy for a normal files to access forbidden areas.

      Ex4 or Ex5 files are limited in their capabilities to mess around on our computers, all of their actions are actually executed by the MT4 or MT5 platforms.

      Except if when you download the EA you also download and install additional files ( viruses ).


    7. #25
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      to programm scripts is not important for trader,even big broker and forex company are recuiting programmer to make scripts for them,in forex you can find alot of free programm that can help you in the chart but to be an mql programming is not an obligation


    8. #26
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      Quote Originally Posted by hosni     
      to programm scripts is not important for trader,even big broker and forex company are recuiting programmer to make scripts for them,in forex you can find alot of free programm that can help you in the chart but to be an mql programming is not an obligation
      Yeah, trading is not about MQL.

      I'm a programmer and have developed some EA too but I have trouble to make profitable EA and system in the end.

      I think its much easier to trade manually in H4 or daily time frames.

      We'll have better chance if we trade manually although I don't say that trading is bad at all.


    9. #27
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      h4 and d1 is perfect for robot trading, rules are strict, you have to implement some security features like:
      -hedging
      -dynamic tp,st,ts
      -no trades at news
      -basket % (reduce lotif 10% open pos., 20% again, 30% stop trading)
      -most used indicator are ma's+ filter for range areas
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      Brownian Motion, Probabilty Theory, Stochastic Processes


    10. #28
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      Quote Originally Posted by ProFXManager     
      h4 and d1 is perfect for robot trading, rules are strict, you have to implement some security features like:
      -hedging
      -dynamic tp,st,ts
      -no trades at news
      -basket % (reduce lotif 10% open pos., 20% again, 30% stop trading)
      -most used indicator are ma's+ filter for range areas
      And what kind of EA were you talking about ?

      All EA have different systems and not all of them use the things that you mentioned above there especially hedging.

      Most EA don't use it.

      Also I think H4 and D1 chart is more suitable for manual trading in general.


    11. #29
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      Mql4 programing will make you better trader, because there is lot of trader don't want to share their strategies so they prefer to create them by himself in this case learn mql4 programing is important other case you can pay programmers to do that instead


    12. #30
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      It's not neceesary for success in Forex. It depends on what you want to do.

      If you just want to be a trader, become good at that, you don't need programming as well.
      If you want to ultimately automate your strategy, it may be a good idea to learn MQL4. But only if you're geared towards analytical stuff and you're good with numbers - MQL4 programming is not for everyone.


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