The dealing center is connected with other market participants, such as banks and financial institutions. This online trading system also includes a server installed in a dealing center. The client terminal is a part of the online trading system. If you are interested in MQL4 programming, you must have become acquainted with the client terminal by now.
For a better understanding of the importance of these programs in trade management, let us look at the illustration.įigure 1 A program in MQL4 as a part of MetaTrader 4 Client Terminal. The following illustration shows the role of these programs in trade management. First of all, it should be noted that programs discussed in this book can be used only as applications for working in MetaTrader 4 Client Terminal.
Before starting to study MQL4 programming, we will define the scope of our study.