Nowadays, financial markets become an important part of the economic and political systems of the World. Progresses in financial markets trigger not only social behaviors but also political process and thus affect the economic systems. Financial instruments such as stocks, commodities and currencies transact in their own markets. Nowadays, those transactions can be done via computers and the terminal softwares are developed for individual or corporate traders for this reason. Technical analysts and traders transact in financial markets with the help of their analysis and make comments about political and economical processes. In this study, the chart types used in financial markets by analysts are observed; the popular software aided technical indicators are used in these markets. On the other hand, the main problem of the financial markets is identifying trend. Because of this reason, in this study, three technical indicator softwares were developed in Metatrader trading terminal for effectively observing trends. The main purposes of these indicator softwares are helping traders or technical analysts to identify trends and to give ideas of markets. These indicators were coded in MQL4 programming language based on C++ programming language and structured userfriendly.
Primary Language | Turkish |
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Subjects | Engineering |
Journal Section | Articles |
Authors | |
Publication Date | March 4, 2011 |
Submission Date | March 4, 2011 |
Published in Issue | Year 2011 Volume: 4 Issue: 2 |