subject: Do I control the way metatrader implements metatrader programming? [print this page] Yes. You are the master of your terminal, at all times. By now, you would have realized that metatrader stores price history. It has also amongst various modules one named Expert Advisor. You can load scripts, programs using Expert Advisor module. You can set such conditions using Metatrader programming so that it can act upon receiving new information on executed trade, which is called a tick. A tick is a price history at some instant and contains all information such as symbol of what is traded, open, high, low, and close besides any other information that has been called for.
Metatrader is designed, and always enables you to take control of the working terminal, where it is loaded or share the control with a pre-set Metatrader programming stored in it. You can use the metatrader programming to work on the price data after arrival of ever tick. By this way, you can control so that the metatrader programming works for a fraction of a second. You will not be losing even a second for trading or doing another activity that you determine is more important than the inputs from metatrader programming implemented in the terminal. The processing will be fully at the control of the code lines written. Therefore, you are, as a trader, fully in charge of what activity the terminal will do and what part of the time by setting your preference through controls provided to you in the expert advisor in combination with metatrader programming. The code lines will process the set of commands contained in metatrader programming within the time defined and returns control of the terminal back informing you of the trading you need to put through.
Do I control the way metatrader implements metatrader programming?
By: Eric Quentin
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