Trading Point Platform enables you to automate your trading strategy using MetaQuotes’ MQL4 a built-in language for programming trading strategies. MQL4 language is similar to C++ and allows the creation of your own Expert Advisors that render the trade process management automatic.
You can create your own Custom Indicators, Scripts and Libraries of functions with the help of MQL4, as well. Learn how to use them by checking the Expert Advisors section in the MetaTrader 4 User Guides and in the Programming in MQL4 reference guide.
Expert Advisors allow the complete automation of your trading strategy and let the system trade for you. The program is designed to register every single price tick and execute trades as you program it to. Before you let your system run, you can test your trading strategies on historical data by displaying the entry and exit points of your trades on the chart.
Custom Indicators allow you to create technical indicators in addition to those already integrated into MetaTrader 4 terminal. Like built-in indicators, they are aimed only for implementing analytical functions.
Scripts are programs designed for single execution of specific actions. Unlike Expert Advisors, Scripts don’t run tick-wise and have no access to indicator functions.
Libraries contain numerous downloadable Scripts, Custom Indicators and Expert Advisors.
The Expert Advisor User Guide shows you how to get the most out of the Expert Advisor feature. While some understanding of the programming language C++ is helpful, it is not absolutely necessary.
Download Programming in Algorithmic Language MQL4, a great resource to get you started on developing your own Expert Advisors, technical indicators and scripts.