News: Forex Trading Software

We are happy to announce that on the 4th of October 2010 Automated Trading Championship 2010 has started. All the preparatory stages are over, and the registration and verification of Expert Advisors are completed. 314 Participants are admitted to the competition. Now the Expert Advisors will have to trade absolutely independently and prove that they can earn more than other EAs. While their creators can only watch what is going on.

During the Automated Trading Championship 2010, in the news section of the website, we will publish interesting news about the possibilities of automated trading, interviews with Participants, statistical reports and other materials. If you are not participating in this Championship, you can still freely use these materials for developing your own automated trading programs. Follow the news!

We wish good luck to all the Participants of the Automated Trading Championship 2010.

The sponsors of the Championship are: Interbank FX LLC, MIG Bank, FXCM (Forex Capital Markets LLC), журнал TRADERS’ and Dow Jones. The Championship organizer is MetaQuotes Software Corp.

On June 17th, new service were launched on the website Jobs. With it service, the website visitors will be able to order for different works performed by other members of the community.

It will be useful both for traders and developers. The main purpose of the new service is the organization of custom development of different MQL5 programs.

If you are a trader with a trading strategy but not knowing how to program in MQL5, the Jobs is the right service for you. With Jobs you get a simple, controllable and safe possibility to find a developer, who will write an Expert Advisor or indicator. Any registered user can accept your offer and develop a required program for you.

The main difference of Jobs on the MQL5.community from most of similar resources and services on other websites is security. The customer and developer are protected from improper actions of the other party throughout the entire cooperation. In case any disputes arise, MetaQuotes Software Corp. is ready to act as arbitrator.

With the launch of the Jobs, MQL5.community becomes an ideal place for posting you orders and offering your programming services. Every day, thousands of traders and developers visit this resource, and can easily help each other. For a trader, Jobs is a new easy opportunity to get his or her own Expert Advisor. For MQL5 developers this is a possibility to find new customers.

It's the 1st of June - the date of official release of the new MetaTrader 5 trading platform. Now you can purchase the new online trading platform for your company, expand into new markets and offer even more services to your clients.

Development of the new platform started 3 years ago (development of MetaTrader 4 took 20 months). From the outset, MetaTrader 5 was conceived as a multi-market platform that would be able to operate on forex and on any equity market. This was a new problem for us, but we tried to solve it the best way.

Work on the new platform started from scratch, and for these three years we have written 1.1 million code lines (MetaTrader 4 consists of 0.6 million lines). That's why the result is so impressive: the new MetaTrader 5 has new trading system, distributed architecture, high performance and flexibility. This is a new terminal for traders with an extremely powerful environment for developing Expert Advisors - MetaQuotes Language 5 (MQL5). Generally, the new platform excels MetaTrader 4 in all terms.

Even at the platform design stage, we understood that serious testing would be needed. First, the platform was subject to severe testing within our company. Then we launched the program of multi-stage testing. It started in September 2009 and was scheduled for 5 months. However, this was not enough, and we decided to extend the testing period till June 1. As a result, today we are pleased to present you and your customers the convincingly stable and highly functional platform.

While working on MetaTrader 5, we kept consulting with different brokerage companies and stock exchanges. In April 2009, we held a three-day workshop inviting representatives of brokerage companies from all over the world. This workshop was held to discuss problems of the trading platform development and different aspects of using MetaTrader 5. This meeting brought many benefits to our development team enabling them to best implement brokers' wishes.

"We've done a great job over the last three years, and we're planning to do even more. I hope brokers and traders will appreciate our efforts, and MetaTrader 5 will be a new standard on financial markets," - Alexander Saidullin, head of the Trading Platform departments said.

We in MetaQuotes Software Corp. do our best to develop stable and powerful software and to actively promote it. Lately we've launched the MQL5.community - a specialized website for Expert Advisor developers. The website already features articles on MQL5, hundreds of Expert Advisors and indicators. This year we're going to hold the 4th annual Automated Trading Championship 2010 for promoting the new programming language MQL5.

MetaTrader 5 is the new revolutionary software designed for financial markets. The platform retains its basic functions and additionally offers new features that will help your company stand out among your competitors. With MetaTrader 5 you will be able to offer your clients the new client terminal, powerful automated trading and will allow them to operate in various currency and equity financial markets. Order MetaTrader 5 and be the first to offer these new possibilities to your clients!

Today we have released the beta version of MetaTrader 5 Strategy Tester. This program is the integral part of the MetaTrader 5 Client Terminal being designed for the purposes of testing and optimization of MQL5 Expert Advisors.

With the testing you can assess the qualities of your Expert Advisor on history data before launching it in real trading. Optimization allows choosing the most profitable parameters for your Expert Advisor making it a real efficient one. The Strategy Tester is an indispensable tool for developers of Expert Advisors. It is almost impossible to develop a profitable an error-free Expert Advisor without the tester.

As compared to the tester in MetaTrader 4, the new MetaTrader 5 Strategy Tester is a more powerful and accurate tool. It has obtained the new function of distributed optimization that will be useful in work with compound Expert Advisors. Besides that, the Strategy Tester offers efficient testing of multi-currency Expert Advisors.

"The Strategy Tester is the last component from the set of required tools for efficient development of Expert Advisors. This set also includes the MQL5, MetaEditor, debugger and execution module in the MetaTrader 5 terminal. The absence of a tester was the last obstacle to the wide possibilities provided by the MQL5 environment. We hope that together with the release of MetaTrader 5 Strategy Tester, the number of new MQL5 Expert Advisors will sharply increase", - Stanislav Starikov, the senior developer of MetaTrader 4/5 terminals and MQL4/5, said.

Seven months have passed since testing of the MetaTrader 5 platform started. The first stage of it implied closed testing among the most active members of the MQL4.community. On the second stage we officially published the terminal - its public testing started. Together with that, back-office components of the system were also tested.

So now we are ready to render a report on what has been done. Since the start of the testing, we have received about 1,000 bug reports and crash logs on the entire platform. While fixing these bugs and crashes, and implementing your suggestions, we've released about 100 builds of the MetaTrader 5 Client Terminal, MetaEditor and the MQL5. Bug reports on the testing of back-office components also were of great help, and allowed releasing of over 60 builds of server components.

Now we would like to thank all of you who participated in this testing. Your help is very valuable for us. "We've released over 150 builds on the whole - that was really much. After all this joint job, the platform has become stable enough, so that soon we'll officially release it," - Renat Fatkhullin, CEO of MetaQuotes Software Corp. said.

We are glad to announce that the Automated Trading Championship will be conducted this year - in 2010. The main purpose of the competition is promoting the idea of the automated trading and the new development environment MetaQuotes Language 5 (MQL5). The total prize of the Automated Trading Championship 2010 is 80,000 US dollars.

We always do our best to conduct the Automated Trading Championship on the highest level. This year we keep on preparing the most interesting Championship for you. On the official website of the ATC, we will publish details of all its Participants. Anyone can visit this website to watch trading dynamics of any Expert Advisor and its characteristics. We will also publish weekly statistical reports, interviews with Participants and useful articles. These materials are intended to show the full information on performance of automated trading systems and help traders to develop profitable Expert Advisors.

As distinct from previous competitions, MQL5-programs will participate in Championship 2010. "This year we are going to release the new MetaTrader 5 Platform with the new Expert Advisor development environment - MQL5. That's why we decided to conduct the new competition among Expert Advisors written in MQL5." - Stanislav Starikov, the senior developer of the MetaTrader 5 client terminal and the MQL5 environment, said.

For the three years of the competition conduction, the Championship has become extremely popular being a specialized site where developers from all over the world can demonstrate their programs. Many EA writers use the Championship as a chance to show their programs and advertise their services. We invite you to take part in the Automated Trading Championship 2010 and prove that you know how to develop profitable Expert Advisors.

We've launched a new website - MQL5.community, devoted to the trading strategy programming language MQL5. We are always attentive to your comments and suggestions, and the launch of the new website is another step to meet your wishes.

The website is similar to MQL4.community. It also contains MQL5 Documentation, articles on automated trading, code base and the forum.

You can also take an active part in the life of the MQL5.community. You can communicate with other members on the Forum, publish your Expert Advisors on the Code Base, and share your knowledge in paid articles. We will pay not less than $200 for an article.

Besides that, soon we will introduce new services and sections on the website. The forthcoming Automated Trading Championship 2010 will be conducted on MQL5.community as well. We hope, this will be helpful both for traders and developers of Expert Advisors, while MQL5.community will be even more popular than MQL4.com.

Today we are pleased to announce the public testing of the MetaTrader 5 client terminal. It is open to anyone who wishes to test the new terminal. To register as a tester, just proceed to download the terminal and test it. All testers are invited to report bugs and make suggestions via email or publish them here.

During the testing period, the client terminal is available in English only. If you have any difficulties, please check out the built-in Help, which is also available in English.

You can download MetaTrader 5 Client Terminal by clicking on the following link: http://files.metaquotes.net/metaquotes/mt5/mt5setup.exe (7Mb)

We thank you in advance for your contribution on the MetaTrader 5 terminal testing.

Scope Work for MetaTrader 5 Testing

1. The platform testing will take approximately 5-6 months.
2. This will be a stage-by-stage testing. New features will be added during each stage. During the first testing stage that starts today, the client terminal will work with Forex only. Later on we will add CFD, Futures, equities and options.
3. The current terminal version comes in without a strategy tester. It will be included later.
4. Commencing November 2009, the testing of back-office components of the platform will be open to brokerage companies.

We are committed to delivering a truly stable, high-quality product, that's why the testing is evolving into a multi-stage process. We just wish to ensure the highest quality in every stage of the process before we release the platform to our clients.

Best regards,
MetaQuotes Software Corp.

September 9, 2009 marks a major milestone in our effort to make the MetaTrader 5 trading platform available to our clients. We are in the final stage of its development and announce the beginning of its closed beta-testing.

The new client terminal has been sent to some members of the MQL4.community for testing. They will help us find and fix errors that, unfortunately, oftentimes slip through when new products are developed. Being created from scratch, MetaTrader 5 is no exception.

The MetaTrader 5 terminal has been already comprehensively tested in our testing department. However, we decided to conduct this closed testing, so that ultimately the general public gets the most stable and reliable terminal. The closed testing will be followed by the public beta-testing where everyone can participate. Just stay tuned!