Introduction to Using MT4 Scripts
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What are MT4 Scripts and how can they help?
MT4 scripts are somewhat similar to using macros in an excel spreadsheet. As you might know, macros are little pieces of programs that can save you from hours of doing simple tasks. In other words, macros automate the simple but time consuming tasks and also help in reducing any mistakes that can be made.Similarly, the MT4 scripts work such that the simple but time consuming tasks can be automated. And in trading, time can play a big role between winning and losing trades.Using MT4 scripts not only saves you time but also saves you from any slippage or price movements that might occur between the manual tasks that are performed.Scripts are more common among professional traders and used in different scenarios. The simplest of all being closing multiple orders to the more complex scripts that also forms an essential element of your trading strategy.
Example MT4 Script
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