Expert Advisors, need tips.

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Hello everyone.

I am new with programming Expert Advisors (EA), in my research I found that in Meta Editor there is a wizard function, which allow the user to create an EA with some predefined parameters, with this some questions came up to my mind.

-Wizard's EA compile perfectly once the parameters are set and I can backtest them right away, but are this wizard EA really ready as they are or do I need to add something extra (commands, functions, filters, etc.)?

-Is better to create an EA based on my strategy or can I give a try to the wizard?

Thanks.

 
Hermes Hernández:

Hello everyone.

I am new with programming Expert Advisors (EA), in my research I found that in Meta Editor there is a wizard function, which allow the user to create an EA with some predefined parameters, with this some questions came up to my mind.

-Wizard's EA compile perfectly once the parameters are set and I can backtest them right away, but are this wizard EA really ready as they are or do I need to add something extra (commands, functions, filters, etc.)?

-Is better to create an EA based on my strategy or can I give a try to the wizard?

Thanks.

Hi, mql5 wizard is a good start, if you want to move further I recommend you look at the codes from other programmers and try it in practice.
It helped me a lot at the beginning to understand the principles and functioning of MQL5 as such language.


Link to EA code base: https://www.mql5.com/en/code/mt5/experts

I wish you good luck. :)

 
Hermes Hernández:

Hello everyone.

I am new with programming Expert Advisors (EA), in my research I found that in Meta Editor there is a wizard function, which allow the user to create an EA with some predefined parameters, with this some questions came up to my mind.

-Wizard's EA compile perfectly once the parameters are set and I can backtest them right away, but are this wizard EA really ready as they are or do I need to add something extra (commands, functions, filters, etc.)?

-Is better to create an EA based on my strategy or can I give a try to the wizard?

Thanks.

The EAs created by the wizard operate mainly by certain indicators available in Mql5 by default 

If your strategy needs extra instructions based on other stuffs apart from the indicators or you need an indicator out of the ones available by default, you'll need to code for that on your own

Coding on your own from scratch also aids in addressing errors and adjusting the way the EA operates as you know your EA from A to Z

I hope this answers the question, if not, please feel free to reply to my comment 
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