Discussing the article: "Multibot in MetaTrader (Part II): Improved dynamic template"

 

Check out the new article: Multibot in MetaTrader (Part II): Improved dynamic template.

Developing the theme of the previous article, I decided to create a more flexible and functional template that has greater capabilities and can be effectively used both in freelancing and as a base for developing multi-currency and multi-period EAs with the ability to integrate with external solutions.

Based on the previous EA, let's recall why such a template was created. The main goal was the ability to launch one EA with different settings for each "instrument - period" pair. This was necessary in order not to launch an EA on each chart separately. This simplified the management of such a system and its configuration, because the more copies of the same EA in one terminal, the higher the likelihood of a potential user’s error. In addition, conflicts could arise between such EAs due to, say, magic number order or for other reasons based on the human factor. Let's first describe the pros and cons of the first template. Then I will do the same for the new template, so that the differences and advantages of the new approach are clearly visible.

Author: Evgeniy Ilin