Expert Advisor Programming: Creating Automated Trading Systems in MQL for MetaTrader 4 |  | Author: Andrew R. Young
Publisher: Edgehill Publishing
Category: Book
List Price: $35.00
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Rating:  6 reviews
Sales Rank: 100276
Media: Paperback
Pages: 212
Number Of Items: 1
Shipping Weight (lbs): 1.2
Dimensions (in): 9.8 x 7.9 x 0.6
ISBN: 0982645902
EAN: 9780982645901
ASIN: 0982645902
Publication Date: December 16, 2009
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Product Description
Finally, the first comprehensive guide to MQL programming is here! Expert Advisor Programming guides you through the process of developing robust automated forex trading systems for the popular MetaTrader 4 platform. In this book, the author draws on several years of experience coding hundreds of expert advisors for retail traders worldwide. You'll learn how to program these common trading tasks, and much more: - Place market, stop and limit orders. - Accurately calculate stop loss and take profit prices. - Calculate lot size based on risk. - Add flexible trailing stops to your orders. - Count, modify and close multiple orders at once. - Verify trading conditions using indicators and price data. - Create flexible and reusable source code functions. - Add advanced features such as timers, email alerts and Martingale lot sizing. - Avoid common trading errors and easily troubleshoot your programs. - Adjustments for fractional pip brokers and FIFO. - Plus, learn how to create your own custom indicators and scripts! Whether you're a beginner or an experienced programmer, Expert Advisor Programming can help you realize your automated trading ideas in the shortest amount of time. This book features dozens of code examples with detailed explanations, fully-functioning example programs, and reusable functions that you can use in your own expert advisors!
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| Customer Reviews:
Showing reviews 1-5 of 6
 Nothing else like it. May 6, 2010
James Donaldson (London, UK)
3 out of 3 found this review helpful
/*Buy this book if:
1. You are new to the language
2. Are aware of it but need a structured build up to learn it.
3. As a good reference.
I am not a programmer. Young has written this for humans.
Looking forward to seeing a sequel/advanced methods/add-on/Meta-trader 5 primer.*/ ;)
Finally! A Book on programming Expert Advisors! And a great one too! May 24, 2010
Donal McAteer (Ireland)
3 out of 3 found this review helpful
This book is going to mean a great deal to anyone interested in it's subject matter. I bought this book the day it was published. As far as I know it is the first book ever published on this subject and thankfully it also happens to be a great book. It deals with the concept of creating a an Expert Advisor from scratch in a highly robust fashion. It's clear and concise. So much so that with very little programming experience I was able to create my first ever EA on day one after recieving this book. It starts with making a simple EA, then continues to add extra functionality and robustness. By the time you finnish you will have a program which will trade via simple rules (which you can then change to your own strategy) but it will have also included money management functions, trailing stops with a minimum profit stops embedded in it. It can also have a break even stop and the ability to close all orders at once, functions which will calculate the lot size you wish to use,automatically check how many digits your broker uses and the implications then on lot size and much more. This book is worth its weight in Gold!
Great Book May 10, 2010
A Real Customer
2 out of 2 found this review helpful
Hands down this is the best book I've ready on MQL. It's written in an easy to follow manner and really helped me a lot. Well worth its purchase.
Great book April 23, 2010
Douglas Hill (Medford, OR USA)
3 out of 5 found this review helpful
This is a great book that makes it easy to create your own strategies using MQL.
Good reference for experience programmer June 15, 2010
J.T (Singapore, Singapore Singapore)
3 out of 3 found this review helpful
I have experience in java and C programming and found this book easy to digest. I do not recommend this book for people who are just beginning to learn programming as this is not the purpose of this book.
Be aware that this book is not structured like those programming books that you might have read. This is not a beginner guide to programming. I feel that it is meant for programmers who have already attain certain level of experience in programming language like java, C++ etc.
For those who have done programming and wanted to venture out into MQL and programming your own EA, you will appreciate that this book is organized in such a way that it is very direct and straight to the point. For example, the code snippet are portable and can be reuse. It actually save you alot of time.
There are many resources on the internet that teach you how to program MQL but I did not find any material that are so straight forward as this book.
Overall I find this book very useful.
Showing reviews 1-5 of 6
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