Hey Everyone,
I’m interested in developing and experimenting with my own EA’s, however I don’t have much of a background in programming. I am however good at troubleshooting and persistently trying to fix problems.
Could anyone recommend a guide for building EA’s with Meta Trader 5?
Obviously I have been following the Art of Automation blog which is one of the best resources I can find. Can you offer anymore resources?
Hope to hear from you guys soon. :5:
hi
i think there are a few options for you…
download some free eas that use strategies you like and modify them (most likely you will find most strategies already coded as ea that you can work from)
learn from free ea code and write your own from scratch
buy a ‘pro’ ea and go with that
use a ‘expert advisor builder’ or ‘generator’ to write the code once you have a strategy
(google it you will find something).
find a freelance programmer and get them to code your strategy
demonstrate your strategy is good and someone might code it for free.
the key thing you are gonna need before you start is a strategy that works or that you beleive could work. then a whole lot of codeing and testing is required.
i do have some programming experience and sometimes mql is easy and still sometimes simple things proove to be very tricky. the mql5 web site is quite good for code and you may get help in the forum if you are lucky.
personally, the important thing is the strategy and coding it is secondary. once everything is polished and backtested, then you can worry about trusting your real money to some computer code! preferably after significant back and forward testing, leading to trading live with micro lots to see how it performs.
reading some posts last night i was almost tempted by a pro ea but i would find it very difficult to trust an ea that i don’t have source code for, and any ea or system is likely to have drawdown which would also be difficult to deal with psychologically. idk, i don’t have much experience, i just like codeing mt4 and trying to find a strategy that suits me and works.
good luck and hope you get some more replies to your post