MQL (MetaQuotes Language)

Definition

MQL is the programming language used to create Expert Advisors, custom indicators, scripts, and libraries for MetaTrader platforms. MQL4 is used for MT4 and MQL5 for MT5. It is a C++-like language specifically designed for developing trading algorithms and technical analysis tools.

Related Terms

Expert Advisor (EA)MetaTrader 4 (MT4)MetaTrader 5 (MT5)

More Platform & Tools Terms

Expert Advisor (EA)MetaTrader 4 (MT4)MetaTrader 5 (MT5)Backtesting Strategy Tester Forward Testing Demo Account VPS (Virtual Private Server)Forex Indicator Script (MetaTrader)