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Expert Advisor Programming for MetaTrader 5: Creating

automated trading systems in the MQL5 language

BOOK DETAIL

Amazon Business : For business-only pricing, quantity discounts and FREE Shipping. Register a free

business account Paperback: 318 pages Publisher: Edgehill Publishing; 1 edition (January 24, 2013)

Language: English ISBN-10: 0982645929 ISBN-13: 978-0982645925 Product Dimensions: 8 x 0.7 x 10

inches Shipping Weight: 1.7 pounds

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Book Description

The first guide to programming in MQL5 is here! Expert Advisor Programming for MetaTrader 5

is a practical guide to creating automated trading strategies in the MQL5 language. Take

advantage of MetaTrader 5's new features and take your trading to the next level! You'll learn

how to program expert advisors quickly and easily using a ready-made framework created by an

experienced MQL programmer. This book will teach you the following concepts: Learn the basics

of MQL5, including variables and data types, operators, functions, event handlers, and objectoriented

programming. Place, modify and close market and pending orders. Calculate, verify and

add stop loss and take profit prices to an open position. Add a flexible trailing stop and/or break

even stop to your strategy. Manage your trade risk with money management. Use pending orders

to scale in and out of positions. Use price, time and indicator data in your expert advisors. Control

program execution by trading on new bar open, and add flexible trade timers to your strategies.

Walk through the creation of several basic trading strategies from start to finish. Inform the user

with dialog boxes, email alerts, mobile notifications and sounds. Draw trend lines, arrows and text

labels on the chart. Read and write data to CSV files. Learn the basics of creating indicators,

scripts and libraries in MetaEditor. Debug, test and optimize your trading strategy. And much

more! Whether you're an experienced programmer moving from MQL4, or a novice just starting

with MQL5, this book will give you the foundation to quickly program fully-featured and robust

trading systems. All programs and source code files featured in the book are available for

download at the book's official website at http://www.expertadvisorbook.com


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