A year ago, I started getting interested to automated forex trading because I realized that maybe this could be a way for me to avoid this psychological part of trading. After that, I learned how to make my own robots in MQL. Now I don’t know where to go from here. I have been reading some topics on this forum where some people say that MQL is not that good…and I can say that it has it’s own limits, but I don’t think it’s that bad.
In the following topic @integracore2 states that R is great and I can’t say it’s not because I never used it:
In the same topic @CavaliereVerde is saying that MQL is enough.
Both of these guys are great and I really respect them because I learned a lot from them, but I don’t know if I should continue with MQL only or start using some advanced stuff. So here are my questions:
- I am currently trading on higher time frames and I’m not sure if I need analysis on every tick, so I’m not sure if I need something more than MQL. Can someone please explain that part more in detail?
- If MQL is just the beginning, where should I go from here? Should I start using R or Python and why? Python is something which is widely used and I think it could be better for me to learn it, but please tell me if I’m wrong.
- If you are using R or Python, do you use it only for analysis or you build robots with them?
- If you use R or Python to build trading robots, how do you connect it to MT4?