What are the most common mistakes to avoid when writing MQL code for cryptocurrency indicators?

3 answers

• Dec 26, 2021 · 3 years ago
  One common mistake to avoid when writing MQL code for cryptocurrency indicators is not properly handling errors. It's important to include error handling mechanisms in your code to prevent unexpected crashes or incorrect results. This can be done by using try-catch blocks or using built-in error handling functions in MQL. By handling errors effectively, you can ensure that your code runs smoothly and provides accurate indicators for cryptocurrency trading.
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• Dec 26, 2021 · 3 years ago
  Another mistake to avoid is using inefficient algorithms or calculations in your MQL code. Cryptocurrency indicators often require complex calculations and data processing, so it's important to optimize your code for performance. This can be done by using efficient algorithms, avoiding unnecessary calculations, and optimizing data structures. By writing efficient code, you can improve the speed and accuracy of your cryptocurrency indicators.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we have found that one common mistake when writing MQL code for cryptocurrency indicators is not properly testing the code before deploying it. It's crucial to thoroughly test your code in different market conditions and scenarios to ensure its reliability and accuracy. This can be done by using historical data or simulated trading environments. By testing your code extensively, you can identify and fix any issues or bugs before using the indicators in live trading.
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