Categories: Introduction to MQL5

Answer: MQL4: Why Buy Orders Don’t Send, but Sell Do

MQL4 is a popular programming language created to produce automated trading systems for the foreign exchange market. This language can be used to develop Expert Advisors, which are automated trading programs that execute trades without user intervention. While MQL4 is capable of sending both buy and sell orders, it is more commonly used for only sending sell orders. In these instances, MQL4 executes orders automatically based on set criteria. Additionally, the language can be used to deliver signals to traders for potential manual trades.

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