Becoming an Algorithmic Trader: A Step-by-Step Guide Part 1: Understanding Moving Averages 1. Introduction to Moving Averages (MA) 2. Calculating MA using MetaTrader 4 (MT4) code: `iMA(Symbol(), PERIOD_CURRENT, 20, 0, MODE_EMA, PRICE_OPEN, 0)` 3. Understanding MA parameters: - Symbol - Timeframe - Averaging period - MA method (SMA, EMA, SMMA, LWMA) - Applied price (Close, Open, High, Low, etc.) *Part 2: Sending Orders with OrderSend Function* 1. Introduction to OrderSend function 2. Parameters: - Symbol - Operation type (Buy, Sell, BuyLimit, SellLimit, etc.) - Number of lots - Order price - Slippage - Stop loss and Take profit levels - Comment - Magic number - Order expiration time (for pending orders) - Color of the initial arrow on the chart Example OrderSend Code: ``` int OrderSend(Symbol(), OP_BUY, 0.01, Ask, 50, 0, 0, "My order", 100, 0, clrGreen); ``` Key Takeaways: 1. Understand Moving Averages and their calculation 2. Learn to use OrderSend function to send orders 3. Understand parameters for MA and OrderSend functions Next Steps: 1. Practice coding Expert Advisors using MA and OrderSend 2. Explore other technical indicators and strategies 3. Backtest and refine trading systems