Developing a trading strategy is a very important part of any Algorithmic Trading System (Forex Robot). In fact, it is the basis!
You can’t just go and start programming a system not knowing what you want to get in the end. Sure, your goals may change in the process. However, always before you start you should have a plan in mind or even better – on a piece of paper.
That is why today and in the next two tutorials we will have a short break from programming and focus on developing our trading strategy. In this tutorial we will learn about different types of rule-based decisions, which you might consider for your Algorithmic Trading System.
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Download Powerpoint presentation: Rule-Based Decisions in Algorithmic Trading – MQL4 for Complete Beginners Tutorial Part 22