We are glad to announce that MQL4 language has been included into TIOBE Programming Community Index for December 2014. This is a monthly indicator of the popularity of programming languages prepared by the Netherlands-based company TIOBE Software BV since 2001.
This is an important event for the automated trading, as entering the reputable and independent TIOBE rating proves that the MQL4
language for developing trading strategies is popular among developers
from around the world. Entering the Index is not an easy task, since the
candidates need to meet the following criteria:
Besides, TIOBE rating also takes into account the number of
language specialists, existing courses, third-party vendors supporting
the language and the amount of code indexed by search engines. The
rating calculation method is described in details here.
We congratulate all MQL4 programmers and Expert Advisor developers on this event!
Despite the disagreement that I've had about some of the initial mt4 b600+ forced changes, mt4 has been and still is an acceptable platform to program automated trading strategies for forex for the masses of retail traders. I do give you credit for making algo trading accessible to the masses, including our team at AwarenessForex. The b600+ improvements are overall much needed, with some added bloat.
Perhaps you can focus on improving the round-turn trade times, including the max orders that can be opened or closed simultaneously under 1 symbol. Also avoid the temtation to bloat the terminal too much. Not everyone wants magazines, books, articles, news, etc. Also, allow 3rd party data importing for tick data. And perhaps allow batch running of strategy tester where a user can add a strategy .set file and symbol to a batch list and then the strategy runner can run it and auto-save the results html file.
Perhaps mt6 should build on the success of mt4, instead of trying to force-change the coding like you would on mt5 (and remove importing of 3rd party data).
TIOBE rating proves that the MQL4language for developing trading strategies is popular among developersfrom around the world.
No I do not think so.
It is simply that developers have no choice, do they?
There are only few brokers that offer alternative platforms, so, mt4 (or mql4) is "popular" by the will of brokers and nothing else.
Besides that, mql4 is only a programming tool in the context of mt4 (and not a programming language)..
Apparently MetaQuotes cannot enforce the change to mt5/mql5, which is way better (only those legions of noobs do not know), fearing the loss of "market position"; same fate as the likes of Microsoft (windows) and Intel (x86), who are bound forever to their bad tech by the force of backwards compatibility (aka backward minds).
Here is a insight about MQL4.
In December 2014, we announced the inclusion of the MQL4
language into TIOBE Programming Community Index. MQL4 started from the
118th position out of more than 250 languages.
In January, the language
entered the Top 100 after the Index update.
This clearly indicates that the language for programming trading
strategies becomes more popular among developers all over the world.
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