MQL4 is a programming language used to develop trading robots, technical indicators, and scripts for the MetaTrader 4 (MT4) platform, which is a popular trading platform for retail foreign exchange traders. MQL4 is based on the programming language C++, so if you have some experience with C++, you may find it easier to learn MQL4.
There are a few reasons why you might want to learn MQL4:
To automate your trading: With MQL4, you can develop trading robots that can execute trades automatically based on a set of rules that you define. This can save you time and help you to trade more consistently.
To create custom indicators: MQL4 allows you to create custom technical indicators that can help you to analyze the market and make more informed trading decisions.
To customize your trading environment: MQL4 can be used to create scripts that can automate tasks or modify the behavior of the MT4 platform. For example, you could use MQL4 to create a script that automatically closes all of your trades at a certain time each day.
In summary, learning MQL4 can be useful for traders who want to automate their trading, create custom indicators, or customize their trading environment. It can also be a good choice for programmers who are interested in the financial markets and want to learn more about how to use programming to analyze and trade them.
