What in the World are MQL4 and MQL5 All About? PART 2
Apart from expert advisors, custom indicators and function libraries can also be created using these languages. As with most programming languages, MQL4/MQL5 make use of variables, constants, functions, and logical operators. These allow the EA to take each price tick and see if the data meets a certain set of conditions before buy or sell signals are generated.
MQL4 (MetaQuotes Language 4) and MQL5 (MetaQuotes Language 5) are integrated programming languages designed for developing trading robots, technical market indicators, scripts and function libraries within the MetaTrader software. Both trading platforms are independent of one another. Writing trading robots and indicators for each platform requires the corresponding language.
As a rule, once having practiced the coding of some simple applications in MQL4, the programmer goes to a more sophisticated project: He or she creates a convenient program intended for practical use. In some cases, simple programs do not satisfy the needs of a trading programmer for at least two reasons:
1. The limited functionality of simple programs cannot completely provide the trader with all necessary information and trading tools, which makes the application of such programs less efficient.
2. The code imperfection of simple programs makes it difficult to further upgrade them in order to increase their services
The Question which you asked is very essential for the users that are present here because it shows some information and in my point of view let’s look at the 28 major and minor Forex currency pairs over the past six years.
is bare main main yh kahta ho k mql4 aur mql5 1hi chez hy 1 mt4 main aur dosra mt5 main to iska name mql hi hona chahay bas aur is k zarey ham apny mt4 ya mt5 main apni mazi k indicators aur exqert shamil kr skty hain signel aur markeet ko samajhny kelay wh aap k oper is ko kaisy use krty ho agr ap coding janty ho to meta editor k zareay aap apna bhi indicators bna skty ho