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MQL4 or Excel for building strategies

forexrookie
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forexrookie Newbie

forexrookie

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Posted

Hi,

 

I am a newbie on the FX market and my broker offers the widely popular Meta Trader platform. Now I have come to understand that building your own strategies is the preferred way to go - as opposed to using Expert Advisers created by someone else. However learning MQL4 (Meta Trader 4 programming language) from scratch is not exactly my cup of tea. There are add-in solutions for Meta Trader 4 that allow the trader to use excel (I feel more comfy in Excel) to build strategies.

 

I wonder however whether an excel based solution for building strategies is as effective?

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