Anyone knows MQL?

TYGMedia, your experience with developing over 4000 EAs is impressive! For beginners like me, could you recommend resources to start learning MQL effectively?

Hi @ontario,

Developing EA is actually easy. You need to have a real case strategy. From here, you can learn the basic. If you want to be an expert in MQL5, you will need a lot of time. I’m not suggest you do this way, it will be useless, you learn something you dont need.

I just taught one BP user, less than 1 day. At least he knows how to develop one, from the code he can improve it by himself.

The best way to learn programming is by having a real project. From if, you will explore more and it will strengthen your skill. :slight_smile:

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Hmmm, very interesting @TYGMedia!
Would you mind sharing some resources which you think is most useful to you for MQL programming? Still a beginner with forex, haven’t even opened the babypips lessons here :sweat_smile:, but automating trades, testing strategies, back testing, etc. are things I would like to develop and really grow as a useful skill for me someday :slight_smile:
Thank you!

I see, this seems to partly answer my question above. Anyway, any useful (hopefully free) software & tools out there to test strategies? Like personally, how do you automate backtesting and your actual trades? How do you handle multiple time frames? I assume that the code can also handle that part.

Hi @_DJ,

before you touch MQL, make sure you already have strategy to build. Otherwise, it will be hard for you to learn. MQL can be used for many purpose. I can be used to build script, custom indicator, expert advisor, library and many more. Without knowing what to do, you will be like entering a big hall without knowing what to do, flooded by idea with no ability to execute it.

The best resource to learn MQL will be MQL5’s website. No others.

Don’t bother to think you can sell skill by building EA for others, there are many experts doing the same with competitive price. I was doing it before, got paid for 30 to 800 depends on project. When you don’t know how to build good algorithm, you will face a lot difficulty.

If you want to learn MQL, make sure you are really want it, dont just to try. Many BP users asked me to help learning MQL, after few days, they gave up, they said, it’s too difficult.

MQL5 is free. You only need it to test your strategy. You can use cAlgo from cTrader as well. MQL5

once you know how to use MQL5, you can automated anything as long as they strategy itself quantitative.

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Got it. I’ll keep these in mind.
Thank you very much as usual for your insightful answers, @TYGMedia! :clap:

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