The MQL4 IDE also consists of the MetaEditor and Strategy Tester. Libraries - These are sets of custom functions that are designed to store and easily distribute parts of custom applications that are commonly used on the MetaTrader 4 platform.For instance, there can be a script to close all pending orders or to delete all the indicators Scripts - A script is an application that can be programmed to perform any function on the MetaTrader 4 platform.Custom Indicators - Aside from the built-in technical indicators, traders can also develop their own custom mathematical tools to perform any analytical operation based on defined conditions.Expert Advisors (EAs) - EAs are programmes that make it possible to apply automated automated strategies in the forex market.MQL4 is based on the popular C++ and its flexibility can help create the following: ![]() It supports the native MQL4 (MetaQuotes Language 4) programming language, which enables the development of various custom trading tools to be used directly MetaTrader 4 features the highest security and technology standards. MQL4 is the native programming language that enables the development of various custom trading tools to be used directly on the MetaTrader 4 trading platform. The entire ecosystem that supports automated or algorithmic trading is harmonised and available on the MQL4 IDE (integratedÄevelopment environment). ![]() MetaTrader 4 also supports the creation, modification, and utilisation of automated trading strategies.
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