Hey Clark great tutorial! You managed to make things so simple very nice! I have a question for you. I have never programmed a day in my life. What would be better for me to focus on mql4 or would it make more sense to learn c or c++
If I take the time to learn a little programming I would want to be as versatile as possible.
It depends on what you’ll be programming mostly. If you’re just looking to making some simple indicators/EAs via MT4, some C++ and/or MQL4 is all you need. MQL4 is derived from C++ so learning a bit of C++ won’t hurt.
But if you’re looking to do some more analysis with your own scripts and data sets, then perhaps something that allows rapid prototyping is better (Python, Ruby). Another alternative for data analysis is learning R or MATLAB.
If you’re interesting in building entire applications and such, .NET/C# would really come in handy as well. Not to mention this would be a good route to go if you wanted to create DLLs for your EAs.
Note: Try not to get overwhelmed! It seems like a lot at first; take things one step at a time.
got an access denied error message at the point of loading … Place the “Period_Converter_Opt.mq4” and “Period_Converter_Opt.ex4” files in the indicators folder of your MetaTrader 4 you just downloaded. Ex) "C:\Program Files (x86)\MetaTrader 4\experts\indicatorsExtracting to "C:\Program Files\MetaTrader 4\experts\indicators"
Use Path: yes Overlay Files: no
Error: Access is denied.
Cannot create C:\Program Files\MetaTrader 4\experts\indicators\Period_Converter_Opt.ex4.
Administrative privileges may be required.
Severe Error: File creation failed.
Is it wise to attempt to be learning a new trade style/process and learn C++ at the same time?
Im not sure I understand the question but my immediate thought is…
my brain is soooo hungry. Must feed it yummy code lol!!!
@clark my friends husband is a software engineer and I had been considering going back to school for electrical engineering since my background is in electrical. But than I was thinking I should learn some programming and see if I totally suck or if I have potential, so than I was wondering what would be useful for me and that thought progression sort of led me towards c or c++ but I would hope whatever I learn is foundational in case I choose to persue programming.
Truth be told though I am way to old so I think I should stick to trading.
I’m trying to convert tick data to 1M data by using your python script, but i got an error in the picture.
Do you have any idea what i did wrong? By the way, thank you so much for the guideline. It’s very useful.
Is there a function that I can have multiple trade’s overall profit to be monitored? In other words, if I have 4 trades open, 2 negative and two positive, but the overall total is, let’s say, 30 pips positive, for the system to automatically close all 4? I want to be able to monitor all four’s (or however amount’s) total profit. I hope the question makes sense. If this is the wrong spot for this question, I apologize if this is a wrong spot.