MetaTrader Australia » Trading Robots

MetaQuotes Software Corp. launched MQL5 Cloud Network

MetaTrader Global — Tue, 18 Oct 2011 00:43:24 +0000

The company has developed a solution that allows you to make money out of your computer resources

MetaQuotes Software Corp. has officially launched its MQL5 Cloud Network( http://cloud.mql5.com/en) service. With this new service, they hope to create their own cloud computing available to programmers and researches.

The idea of the MQL5 Cloud Network is simple. If a person has a computer that is not occupied for a certain time, he or she may rent this computing power to those who need it. For example, such spare resources can be used by developers of automated trading systems (trading robots) or researches who may need large amounts of computation. The owner of the leased computer receives fees for providing the resources.

“Initially we wanted to provide additional computing resources to developers,” said Renat Fatkhullin, CEO MetaQuotes Software Corp. “However, over time, we realized that we had organized quite a powerful computational tool with virtually unlimited scalability. Especially for this service, we have developed a new site with a billing system, and now anyone can use the vast computing capabilities of our network to solve absolutely any problems.”

All programs for the MQL5 Cloud Network are created in the specialized trading strategy development language MQL5 (MetaQuotes Language 5). However, this language is very similar to C++ in terms of syntax and performance. Therefore, if you have experience in C++ development, you can quickly write a program in MQL5 and get more processing resources of the MQL5 Cloud Network.

To become a member of the MQL5 Cloud Network and receive fees from the rental of your computer’s resources, simply register on cloud.mql5.com. To use the computing power of the network, you also need to register on the site and deposit money into your account.

“By launching the MQL5 Cloud Network, we want to help developers of trading robots, other software developers and researchers. We hope that the computing power of our network will be of great assistance to them in solving their tasks,” Renat Fatkhullin said.

Detailed information about the MQL5 Cloud Network is available at cloud.mql5.com.

Source: www.einnews.com

MetaQuotes Launches Automated Trading Championship 2011

MetaTrader Global — Tue, 31 May 2011 01:34:02 +0000

Russian Federation (IBwire.com – May 26, 2011) MetaQuotes Software Corp., a world leader in the retails Forex software market, today launched the Automated Trading Championship 2011, an annual competition of trading robots under which, anyone can register as a participant and compete for the prize money of $80,000.

Registration for participation is open from June 1 to September 23, 2011, and is free of charge. The Championship will start on the 3rd of October and will end on the 23rd of December.

Sponsored by MIG Bank, Go Markets Pty Ltd, Vantage FX and Forex-TSD, the Automated Trading Championship 2011 is developed in the MQL5 language for programming trading strategies. The main goal of the Championship is to popularize automated trading. The competition allows solving another important task – accumulation of unique information about the most significant achievements in the field of trading robots creation, because the Automated Trading Championship provides an unprecedented opportunity for the best professionals to test their theories in practice.

From year to year, struggling for the prize of $80,000, hundreds of users from all over the world submit their MQL-developments for the Championship. However, this year’s Championship will be special. This will be the world’s first competition of trading robots able to trade not only on the Forex, but also in the stock market. Moreover, the extended functionality of the MetaTrader 5 client terminal and the release of the MQL5 Wizard will entail a significant increase of the number of Participants.

“Over 300 Expert Advisors participated in the previous Championship”, Stanislav Starikov, the Championship Jury member, said.

“This year the number will increase substantially – we expect to receive several thousands of applications for participation. The reason for this surge lies in the recently released MQL5 Wizard, using which any trader without programming skills can easily create a trading robot. Though, this would not guarantee a victory in the Championship, of course,” Starikov said.

Source: www.ibtimes.com

New MQL5 Wizard: A Fully Functional Robot for Every Trader!

MetaTrader Global — Wed, 27 Apr 2011 00:44:00 +0000

We are pleased to announce the release of a new version of the MQL5 Wizard. This version contains an important function: now trading robots can be created based on different combinations of symbols. This innovation allows using sophisticated analysis and getting more accurate signals. Ultimately this will increase 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.

With the release of the Wizard the distance between a trader and an MQL5 Programmer has been reduced to a minimum. These new features open up new horizons to ordinary traders. All the exciting technologies that used to be the prerogative of experienced EA developers, are now available to the large army of traders. All that you need for creating your own robot is the MetaTrader 5 Client Terminal and a few minutes. In just a few clicks you can create a trading robot based on any elaborate strategy.

This is a truly revolutionary step in the development of automated trading. Never before has this technology gone beyond the scope of MQL-developers. Now the rich functionality of the MQL5 environment is available to any trader. Install the MetaTrader 5 Client Terminal and start writing your own Expert Advisors. And it does not matter whether you have programming skills or not.

“We have decided to make automated trading available to a wide range of traders , – says Renat Fatkhullin, CEO of MetaQuotes Software Corp. – We in MetaQuotes have done a lot to catalyze the development of automated trading. But the most important step is just beginning – automated trading goes beyond the community of MQL-developers and is becoming finally available to the masses!”

Source: www.metaquotes.net

MQL4 for Dummies

admin — Thu, 21 Jan 2010 22:59:45 +0000

Development of applications for the MetaTrader 4 Client Terminal requires the knowledge of MQL4. This programming language MetaQuotes Language 4 is a fourth-generation language that has also been developed by MetaQuotes Software Corp. from their own many years experience. MQL4 is the first programming language to consider all niceties of trading on financial markets.

This present textbook will help you create your own Expert Advisors, scripts and indicators and incarnate in them your ideas – your trading algorithms. The textbook is intended for a large number of readers without experience in programming that want to learn how to develop automated trading applications for MetaTrader 4 Client Terminal. The textbook is designed in such a method that to make learning MQL4 as convenient and consequent as possible.

Download the MQL4 for Dummies textbook

MetaTrader Tips – Expert Advisor Back Testing

admin — Tue, 17 Nov 2009 04:36:59 +0000

To back test an expert advisor (EA) follow the steps below.

Open the Strategy Tester window by pressing Ctrl+R
Select the expert advisor you wish to back test
Select the symbol you wish to back test
Select a testing model (every tick model recommended)
Set a testing period
Press Start

Reasons To Consider MetaTrader Expert Advisors

admin — Mon, 16 Nov 2009 04:10:19 +0000

The Foreign Exchange (or Forex) trading uses currency markets from a variety of countries to create a trading market where billions and billions are traded and exchanged daily. If you aim to profit from Forex trading, then you would need to own every single pip that you can get. But this is easier said than done, specially if you are new to the Forex market. 90% of traders lose their money on the Forex market because they let the rest 10% of traders to earn this money. It occurs because traders-beginners, keen by passion, rush to trade without having a Forex trading strategy. Even if they have a Forex trading strategy this strategy is usually not tested and also there is a human factor. That is why it is necessary to use MetaTrader Expert Advisors.

MetaTrader Expert Advisors or MetaTrader EAs are mechanical trading systems which completely automate the trading process on the Forex market by using unique Forex trading strategies. These trading robots trade under the control of the MetaTrader 4 trading platform. The robots operate 24 hours, non-stop. Because of this, you never miss an opportunity to get the trades.

MetaTrader EAs are very easy to acquire and use. As soon as you purchase one, all you need to do is download it, install it into MetaTrader 4, set your preferences and run the program. The important thing to note is that you will need to have an account with a forex broker that supports MetaTrader 4. The MetaTrader 4 platform has the built-in MetaTrader Expert Advisorsbased on the technical analysis, such as MetaTrader indicator. There are hundreds of forex brokers who use MetaTrader around the globe, and a couple of them should fit your trading requirements perfectly.

MetaTrader Tips – Expert Advisor Optimization

admin — Thu, 12 Nov 2009 04:03:30 +0000

Let’s look at how to optimize an expert advisor. In the example below we will look to optimize the size of stop loss and take profit.

Expert Optimization Steps

1. Open the Strategy Tester window by pressing Ctrl+R.

2. In the Strategy Tester window, select Expert Properties

3. Select the Optimized parameters ( in our example stop-loss and stop-profit)

4. Enter the initial values of the optimized parameters, step and stop

5. Close the window

6. Select Optimization

7. Choose a model for optimization ( a model “ Open prices only (fastest method to analyze the bar just completed)” corresponds to the most advisors, although for greater accuracy it is possible to test on Every tick (based on all available least timeframes) but then time of optimization substantially will be increased.

8. Press start

9. After completion of optimization, open Optimization result and choose parameters considering a highest income and minimum drawdown. (obviously income should be high and drawdown should be less)

Source: http://www.metatraderglobal.com/612/metatrader-tips-expert-advisor-optimization/

Tips for choosing a MetaTrader Expert Advisor

admin — Wed, 28 Oct 2009 08:11:44 +0000

It is important to choose a forex trading platform that meets your requirements. There are different types of platforms that provide different facilities. The platform that you choose depends on your approach. Some platforms provide high level of details. They provide highly complex charts and indicators and complete information about the markets. If you are an expert in the FX market, this is what you would expect and this is what will help you to make trading better decisions. On the other hand, if you are new to this market, complex indicators and charts can only confuse you and make you edgy. So, you might require a forex platform that provides a simplified data and gives away tips that are understandable to even a layman.

To view the full article, please visit: http://www.metatraderglobal.com/66/tips-for-choosing-a-metatrader-expert-advisor/