MetaTrader Australia » Metaquotes

MetaTrader 5 acts as a Signal Provider for MT4

MetaTrader Global — Tue, 15 Nov 2011 02:27:53 +0000

MetaQuotes continues to impress us with new features in MetaTrader 5. As with any major software upgrade, however, there will be a period of time where both MT4 and MT5 will exist and perhaps be supported concurrently by brokers. One excellent way MetaQuotes has helped manage that overlap is a feature that permits MetaTrader 5 [...] Related posts:

MetaQuotes Unveils Mobile Trading Platform for Android Devices

MetaTrader Global — Fri, 21 Oct 2011 01:24:56 +0000

MetaQuotes Software Corp., a professional trading platform developer, announced the launch of its mobile trading platform, MetaTrader 5, for Android (News – Alert)-powered devices. The new platform, called as MetaTrader 5 Android, allows traders using Android devices to trade on financial markets even when away from their desktop computers.

According to MetaQuotes, the MetaTrader 5 Trading Platform is designed to provide brokerage services to traders in Forex, CFD, Futures, and stock markets. As a trader’s working tool intended for online trading in the financial markets, it features flexible trading system, technical analysis of quotes and fundamental analysis, financial news, alerts, automated trading and mobile trading.

Encompassing all necessary components for providing brokerage services in the financial markets, the MetaTrader 5 is a full-cycle trading platform. Released on the retail Forex about a year ago, it is already used by more than 50 brokers and banks around the world, according to MetaQuotes.

Offering the convenience of mobile trading that allows traders to manage their accounts from portable devices like a cell phone, smartphone, and Pocket Digital Assistant (PDA), the MetaTrader 5’s Mobile trading feature helps to keep up with Forex or Stocks trading account when trader does not have access to a desktop computer.

The second application for mobile trading within the MetaTrader 5 trading platform, the MetaTrader 5 Android supports all trading functions. This application receives prices of financial instruments, allows traders to trade and enables traders to view the history of trade operations.

Similar to the mobile trading platform for iPhone, the MetaTrader 5 for Android is absolutely free of charge. Interested users can start working with the application by simply downloading the MetaTrader 5 for Android in the Android Market and run it. Then, the user is required to open an account and select broker to enjoy the benefits of the application.

According to MetaQuotes, the MetaTrader 5 for Android requires a smartphone or a tablet PC powered by Android OS 2.1 or higher. In addition, it also requires a cellular network or Wi-Fi connection for connecting to broker’s server.

Officials with MetaQuotes said in the release that the functionality of the the MetaTrader 5 trading platform will be expanded in the next versions. Some of the intended features to be implemented soon include charts and technical analysis tools.

“We are counting on the development of mobile trading,” said, Renat Fatkhullin, CEO of MetaQuotes Software Corp., in a press release. “We expect a significant growth in the share of mobile trading the next 2-3 years. To spur this process, we distribute our mobile platforms free of charge.”

In recent news, MetaQuotes launched its MQL5 Cloud Network service, which allows users to create their own cloud computing available to programmers and researches.

Source: http://financial.tmcnet.com

MetaTrader 5 : Your Forex Buddy on your iPhone

MetaTrader Global — Wed, 01 Jun 2011 01:11:17 +0000

MetaTrader 5 : Your Forex Buddy on your iPhone – iPhone application review

If you have always desired to do some Forex Trading but never been able to take out time from your busy schedule, you need not worry anymore because Forex Trading can now be done from the ease of your iPhone. With MetaTrader 5 not only can you follow but also trade directly from your iPhone.

With MetaTrader 5 you can quickly make accounts and trade with some of the biggest broker servers like NordFX, N2Markets, AlfaForex, ActivTrades, Exness, MetaQuotes, United World Capital, Straighthold Investment Group, FXDD, and AFBFX.

Getting started with forex trading requires educating yourself on the basics. Forex trading is serious business and there is much to learn before you can begin. Taking the time to educate yourself can help you avoid costly mistakes. Before you actually commit any money to live trading, like anything else, you’ll need to spend some time practicing.

Practicing is not exciting, but it is necessary, and it should even be required when money is going to be on the line. In forex trading, you can practice using a forex practice account or demo account. If you have always wanted to try forex trading; you can do it now without risking any of your money with a Demo account from MetaQuotes or any of your favourite brokers. A demo account is a virtual account that comes with play money that you can make virtual trades with. Demo accounts are free of charge and they are supposed to represent actual market conditions. Some brokers limit the demo account to 30 days of use. A good broker allows unlimited use of a demo account.

MetaTrader 5 offers an user friendly easy to use interface with a rich variety of features like charts, analytics tools (coming soon), live currency changes and more. The functionality of MetaTrader 5 for iPhone is similar to the PC version, but the application interface is adapted to make your forex trading more comfortable. You can change the view of graphs, pinch to zoom in and out, view currency value relative to date, time and current change. You can also decide in which timeframes you want the boxes/lines to appear on. Upper or lowercase, separated by commas. Valid entries are M1, M5, M15, M30, H1, H4, D1.

MetaTrader 5 is really eye catching app for forex available on the app store for free.

Screenshots from the app :

Source: www.iphonefootprint.com

Forex Magnates interview with MetaQuotes

MetaTrader Global — Sun, 01 May 2011 06:42:09 +0000

Michael Greenberg from Forex Magnates recently had a chance to interview Lenar Fatkhullin, the Marketing Manager of Metaquotes Corporation – the developer of world’s most popular forex trading platform. Why did you develop and launch MT5? Many estimate that this is your take on the stocks/indices/futures markets after you conquered the whole forex market and [...] Related posts:

MetaQuotes Releases new MQL5 Wizard

MetaTrader Global — Wed, 27 Apr 2011 00:49:39 +0000

Now, Everyone can Create a Trading Robot

MetaQuotes Software Corp today announced the release of a new version of the MQL5 Wizard, an application that automatically creates trading robots for Forex trading. Using the Wizard, even ordinary traders, who do not have programming skills can easily create automated trading systems.

The principle of the MQL5 Wizard operation is simple. To create a trading robot, the user only needs to specify parameters of the trading algorithm and money management, and the Wizard would create an MQL5 program for the same.

An important function added to the new version of the MQL5 Wizard enables traders to create trading robots based on different combinations of signals. This innovation allows sophisticated quote analysis and access to more accurate signals, and would ultimately lead to an increase in the number and variety of automated trading programs created using the Wizard.

Currently the MQL5 Wizard includes about 20 trading signals that can be combined to produce a variety of different algorithms. The application developers are planning to increase the number of signals to 50 in the coming months. The rich functionality of the MQL5 Wizard is available to any user of the MetaTrader 5 trading terminal. This means that anyone can create a robot that will trade according to a user defined strategy.

In general, the company’s 2011 strategy is aimed at making automated trading accessible to all users irrespective of their experience and programming skills.

“The release of the MQL5 Wizard is just one of the steps in our global strategy,” said Renat Fatkhullin, the CEO of MetaQuotes Software Corp. “We have long been engaged in the development of automated trading, and now we have taken an important step to help ordinary traders. We have provided them with the opportunities that were previously available only to experienced programmers. The powerful functionality used by professional developers is now available to all traders. With the new MQL5 Wizard, even a novice user can create a trading robot based on various algorithms.”

The next step of MetaQuotes’ strategy is the upcoming launch of new services – Market and Signals. The new services will provide a secure place for selling and purchasing MQL5 applications and signals. The developers believe that this will lead to even greater popularity of automated trading.

Source: www.prnewswire.com

A New Version of MetaTrader 5 iPhone

MetaTrader Global — Tue, 19 Apr 2011 14:05:03 +0000

A New Version of MetaTrader 5 iPhone: Financial Charts From Anywhere in the World

MetaQuotes Software Corp., a global leader in the market of trading platforms for retail Forex, released on Monday a new version of the MetaTrader 5 Mobile Terminal for iPhone.

The new MetaTrader 5 iPhone provides mobile traders with an exciting possibility to track price dynamics in the real time mode. The MetaTrader 5 iPhone (http://www.metatrader5.com/en/mobile-trading/iphone) now supports full-fledged charts for all financial instruments that are available for smartphones and tablet PCs, unlike the previous version in which only trade operations were available. Now, in addition to the current quote, traders can see previous values as well, facilitating more accurate and faster trading decisions with the help of up-to-date price analysis.

“While other developers offer traders only a static screenshot of a price chart, we provide interactive charting with different periods, visualization modes and scaling. It’s much harder to implement, but it gives traders important opportunities and opens up the key perspective for us,” said Renat Fatkhullin, the CEO of MetaQuotes Software Corp.

“In the next version, we will add a powerful analytical functionality, so traders will have the maximum information in their pocket,” Fatkhullin added.

The mobile graphical system is very similar to the charting of the MetaTrader 4 and MetaTrader 5 desktop terminals; hence customers can spare the time required for getting used to a new system. Quotes are shown as a sequence of bars, Japanese candlesticks or a line. The MetaTrader 5 iPhone supports minute as well as daily timeframes, enabling traders to assess the influence of various market trends. A total of 2,000 to 4,000 bars can be shown on a chart, which is equal to 5-10 years of price history.

MetaQuotes Software believes that a substantial group of traders will soon migrate from online trading to the mobile one. We assume that such migration will happen within the next three to five years. That is why the company has chosen mobile trading as one of its priorities. MetaTrader 5 iPhone is the first mobile application developed in accordance with this concept. In addition, MetaQuotes is developing a terminal for another popular mobile platform – Android OS, the release of which is scheduled for May 2011.

Source: www.newswire.ca

MetaQuotes Software to provide access to real-time price charts

MetaTrader Global — Thu, 07 Apr 2011 05:42:16 +0000

As mobile, wireless technology transforms the world in every conceivable sphere, financial trading too is steadily making a shift from the online realm to that of mobility as a more effective way of keeping pace with the frenzied activity on the trading floor. With the overriding triumph of smartphones and tablet computers, forex traders can now engage in their trade from anywhere.

Real-time market data being the most important pre-requisite for business decision making in the domain, it is not difficult to gauge the extent to which mobile versions of trading platforms that enable access to up-to-date price charts anywhere, anytime could benefit those in retail forex trading. And now, MetaQuotes, the widely acknowledged global leader in financial information software, has facilitated just that by launching the new version of the MetaTrader 5 Mobile Terminal for traders who would like to conduct business on the go, with Apple’s iPhone.

With the new MetaTrader 5 iPhone terminal, mobile traders are not only able to carry out basic trading operations but also look at full-fledged charts for all financial instruments that are available for smartphones and tablet PCs. In addition to the current quote, they can see previous values as well, which helps them to make more accurate and faster trading decisions with the help of up-to-date price analysis.

To make it easier for them and save the time required to get acquainted with a new system, the providers have kept the mobile graphical system very similar to the charting of the MetaTrader 4 and MetaTrader 5 desktop terminals. Quotes appear as a sequence of bars and a total of 2,000 to 4,000 bars can be shown on a chart, which is equal to 5-10 years of price history.

Within the mobile application, too, traders can see not merely a static screenshot of a price chart, but also interactive charting with different periods, visualization modes and scaling. CEO of MetaQuotes Software Corp., Renat Fatkhullin concedes that this is much more difficult for them to operationalize, but at the same time critical in opening up important opportunities for the users.

“In the next version, we will add a powerful analytical functionality, so traders will have the maximum information in their pocket,” he added.

Source: www.hken.ibtimes.com

IBTimes and MetaQuotes Partner to Deliver Integrated Trading Platform and Newswire Service

MetaTrader Global — Mon, 07 Feb 2011 02:18:16 +0000

The software development company MetaQuotes Software Corp and global financial news publisher International Business Times (IBTimes) have joined hands to offer integrated newswire and trading platform services to retail brokers and traders.

The real time newswire service by IBTimes on forex and global multi-asset class will now be available by default on MetaTrader4 and MetaTrader 5 for brokerage firms that use MetaTrader. The partnership is expected to cut significant costs and optimize the operations of financial institutions offering brokerage services.

The partnership will enhance the capabilities of the MetaTrader platform thus making it a one-stop trading platform solution with a complete set of features required for offering retail brokerage service. The combined package will provide brokerages and financial institutions with a plug-and-play trading platform that will reduce significant overheads for brokers who wish to optimize their platform maintenance, cut down on costs and associated IT works.

Commenting on the partnership, MetaQuotes’ CEO Renat Fatkhullin said: “This joint package will enrich the capabilities of our trading platforms and we are very glad that together with the platform we can offer a high quality newswire feed to our clients. It will remove additional problems for them as they will get a fully operable package at once.

“We believe that the partnership is in mutual interests and is based on long term understanding and cooperation. News feeds in MT4 and MT5 platforms are the first step of this partnership. Through this partnership we will be able to provide better and more efficient services and products to our clients and end users in due course of time.”

Etienne Uzac, CEO of IBTimes commented, “Retail forex trading has seen an explosive growth in the recent years. We believe there is a genuine gap in providing retail traders with highly relevant and easy to understand forex news at an economic pricing. The newswire by IBTimes is currently available in English, Chinese and Korean, with several more languages in the pipeline. For Brokers of commodities, indices, equities and other asset classes we provide our broad ranged multi-asset class newswire.

“Partnering with MetaQuotes has given us the right platform to reach out to several thousands of retail traders worldwide. MetaTrader has been the leader in forex trading platforms and this cooperation will lead to better products and services for both parties.”

The longterm partnership will come into effect from 1st of February, 2011 and was signed by Renat Fatkhullin, CEO of MetaQuotes Corp and Dr Dev Pragad, Global Operations Director of International Business Times.

Source: www.prnewswire.com

MQL4 Tutorial – Introductory Course

admin — Tue, 03 Nov 2009 08:19:19 +0000

Hundreds of thousands of traders worldwide have already judged the MetaTrader 4 Client Terminal on its merits. The use of its embedded programming language, MQL4, lifts traders to a new level of trading – to automated trading. Now, a trader can implement his or her ideas as an application program – write a custom indicator, a script to perform single operations, or create an Expert Advisor – an automated trading system (trading robot).

To view the full article, please visit: http://www.metatraderglobal.com/421/mql4-tutorial-introductory-course/

Quote History in MetaTrader 5 (MT5)

admin — Tue, 03 Nov 2009 04:54:02 +0000

In MetaTrader 5 the history of quotes is stored only in M1 format (from 1993, before – D1 format) and all the charts are built based on it. When the terminal is first installed, the history is empty. The history is stored in \MetaTrader 5\Bases\Default\History\”currency”\ folder and has the .hcc (uncompressed) format. The history is transferred from the MetaQuotes’s server in a space-efficient archive format of data storing so for example the 10 years 1-minute history of quotes for GBPUSD takes around 10-13 megabytes, uncompressed around 100-150 megabytes.

In order to download all history for a selected currency and show it on the chart, first open the options menu, then charts and select “unlimited bars in chart” option.

To view the full article, please visit: http://www.metatraderglobal.com/394/quote-history-in-metatrader-5-mt5/