Hellow friends;
Since I got involved in trading, I felt a need to learn some kind of language to transform my own ideas in trading into indicators and strategies etc. As I am lazy by nature, I opted to learn Easy Language. As the name suggested I thought it will be EASY. To a point it was easy and the more I practiced the more it became just second nature to me. Wrote a lot of my own indicators and used them.
Now-- As you all know 95% if traders in Forex loose money. So did I. I lost my account with Tradestation. As the trading volume diminished they started charging me 100 dollars a month platform fee for just using their platform. I fet DISGUSTED at that and closed my account with them and started looking for a free platform which allows the programming capability. I considered MT4 as a trading platform and charting package. It does not have bells and whistles of Tradestation charting package but does the job quite well.
I looked into MQL 4 language and it seems quite confusing and complex as compared to Easy Language. In easy language to write a simple Moving Average indicator you can do it in even JUST ONE SHORT LINE OF CODE but to do it in MQL4 you need a full page of code. I am sturggling to write a simple moving average by myself for the last two days and am now just getting close to it.
MY QUESTION TO WHOEVER READS THIS POST:
Since I got involved in trading, I felt a need to learn some kind of language to transform my own ideas in trading into indicators and strategies etc. As I am lazy by nature, I opted to learn Easy Language. As the name suggested I thought it will be EASY. To a point it was easy and the more I practiced the more it became just second nature to me. Wrote a lot of my own indicators and used them.
Now-- As you all know 95% if traders in Forex loose money. So did I. I lost my account with Tradestation. As the trading volume diminished they started charging me 100 dollars a month platform fee for just using their platform. I fet DISGUSTED at that and closed my account with them and started looking for a free platform which allows the programming capability. I considered MT4 as a trading platform and charting package. It does not have bells and whistles of Tradestation charting package but does the job quite well.
I looked into MQL 4 language and it seems quite confusing and complex as compared to Easy Language. In easy language to write a simple Moving Average indicator you can do it in even JUST ONE SHORT LINE OF CODE but to do it in MQL4 you need a full page of code. I am sturggling to write a simple moving average by myself for the last two days and am now just getting close to it.
MY QUESTION TO WHOEVER READS THIS POST:
- Is is worth learning MQL 4 language?
- If any one has experience with both Easly Language and MQL 4? How would you compare both languages and why would you recommend one over the other?
- Which of these hold the FUTURE in trading software development?
- ANd finally how much time is needed to learn MQL4?
Any suggestions and comments will be welcome.
Thank you for your time and GOD BLESS.