MQL5 Beginner: Algorithmic trading with MQL5 (New 2021)
What you'll learn
- The basics of MQL5
- How to read and understand MQL5 code
- How to create and understand custom indicators
- How to create and understand Expert advisors
- No programming experience needed, you will learn all the basics you need in this MQL5 course
Algorithmic trading is the future and MQL5 is the best language to develop trading algorithms!!
Algorithmic trading is a trading method which uses automated pre-programmed trading instructions to execute trades and MQL5 is one of the programming languages used to set those trading instructions. It accounts for variables such as time, price, and volume. Algorithmic trading with MQL5 uses the speed, non-subjectivity and computational resources of computers relative to human traders.
In this century algorithmic trading with MQL5 has been gaining traction with both retail and institutional traders. It is widely used by investment banks, pension funds, mutual funds, and hedge funds that may need to spread out the execution of a larger order or perform trades too fast for human traders to react to.
A study in 2019 showed that around 92% of trading in the Forex market was performed by algorithmic trading rather than humans. This basically shows you the direction we are heading to as traders where automated traders appear to have an edge over manual traders in an evolve or die situation. I choose to evolve, shall you?
MQL5 is the most powerful of all trading languages that are used to make algorithmic trading softwares for retail traders. It’s 100% free and comes with the best trading platform, MT5.
The main flagship of MQL5 is its facilitation of Object Oriented programming. This is very important in MQL5 algorithmic trading because it allows programmers to produce more efficient programs.
Indicators are powerful tools and with MQL5, you can develop any indicator you wish to develop. They are part of algorithmic trading in that they display statistical calculations in easily interpreted formats such that we can make decisions about the movement of price based on that statistical data.
In this MQL5 algorithmic trading course, I shall walk you comprehensively through the basics that you shall need to be competent in the language. We shall cover the following:
Storing data in MQL5 Variables
Operators and Operations in MQL5
MQL5 conditional operators
Functions in MQL5
MQL5 Object Oriented Programing with classes
In the MQL5 projects section, we shall create some indicators and Expert advisors or trading robots to assist us to implement Algorithmic trading.
So scroll back up, press that enroll button, an let’s begin learning how to create our own algorithmic trading tools with MQL5.
Who this course is for:
- Anyone interested in learning the MQL5 Language
My name is Joy D Moyo. I have at least 6 years financial market trading experience. As a retail trader, I mostly trade currencies although sometimes I trade Oil and Gold.
I develop my own technical indicators and trading strategies based on non-subjective technical analysis methods with emphasis on how I exit my trades at a loss or in profit.
Although I have a Bsc Hons Degree in Biochemistry, I have worked very hard and learnt from some of the best Retail traders in the financial market industry to be where I am today.
I develop Indicators that suit my needs and I also develop Expert Advisors to automate some of my trading activities.
I have invested a lot of time to develop trading methods that work well for me as a retail trader and I look forward to sharing my knowledge with the world.
My name is Jefferson Metha. I am a forex trader mainly specialising in Swing trading and Scalping.
I hold a Bsc Hons degree in Applied Biology and Biochemistry from NUST, however, I started trading before I finished University and decided from that time onwards that I would trade for a living.
Because of my passion for the Forex market, I taught myself how to code and develop indicators for Metatrader 4 and Metatrader 5 and after 4 years of doing that as a freelancer on MQL community with a 4.9/5 rating, I like to believe that I am an expert in that area.
We are a team of traders with vast experience trading in the financial markets. We mostly trade Commodities and Forex with different and diverse trading styles, which is what makes us stronger as a pack.
We love and enjoy trading such that sharing our beliefs and knowledge about the markets is an honor to us. We have a team of MQL5 and MQL4 specialists who create efficient and robust indicators and Algorithmic trading systems, giving us a mathematical, emotional and logical edge in the market.
We have hosted live training sessions in many areas across Africa and we hope that you will find value in what we shall share.