MetaQuotes Software Corp.

We are pleased to announce that the annual Automated Trading Championship will necessarily be conducted in 2011. Hundreds of trading robots, new automated trading systems and original solutions - we will definitely see it all during the Automated Trading Championship 2011!

The competition is conducted exclusively for trading robots written in MQL5. Like a year ago, anyone can participate in the Automated Trading Championship 2011. This is a great chance to compete for the prize money of $80,000 and prove that you are the Best Developer of Expert Advisors 2011!

Follow the news.

In early 2011, we released an exciting tool for EA development, intended for all traders who have no MQL5 programming skills. With the emergence of the MQL5 Wizard in the MetaEditor, traders have received a convenient resource for developing Expert Advisors without programmers' help. Many traders have already appreciated the possibility to create an EA in just four clicks with the Wizard and compiled their first EAs.

However, the functionality of the first MQL5 Wizard could seem incomplete to the most demanding traders. Therefore, we decided to enhance the features of the MQL5 Wizard by adding new functions allowing to create more flexible Expert Advisors. Ultimately this will increase the number and variety of Expert Advisors created using the Wizard. Soon more new features will be introduced in the MQL5 Wizard to make it even more useful for everyone who wants to create custom Expert Advisors.

The main feature of the new version is the ability to utilize data of a combination of algorithms. In the previous version, an Expert Advisor could be created on the basis of only one algorithm of signal generation - for example, using the indicator data or the MA crossing algorithm. The new version offers a new convenient way to use a combination of algorithms for generating more accurate signals. For example, you can easily generate an Expert Advisor that will use data of MA crossing confirmed by a trend indicator like Parabolic SAR.

Another important innovation will be the system for assigning weights to each signal. For example, you can assign 1 to the signal produced by MA crossing, if this is the main signal, and 2 to the Parabolic SAR - in this case the Expert Advisor will first of all use the data of the signal with a higher weight when taking a trade decision.

The emergence of the upgraded MQL5 Wizard significantly enhances trading opportunities. Now, in addition to the conventional manual trading, any trader can create Expert Advisors and use them in automated trading. You do not need to order the development of EAs from professional programmers any more - with the MQL5 Wizard you can easily create your own trading robots.

More details will be published on the eve of the release. Follow the news.

In late October 2010, as part of the MetaTrader 5 Client Terminal, the MQL5 Wizard was released. This wizard is designed for automatic generation of an Expert Advisor code. With MQL5 Wizard, knowledge of programming languages is no longer a prerequisite for creating trading robots. Earlier it really was an impassable obstacle to creation of trading strategies, but the release of the MQL5 Wizard changed the situation radically. With the new Wizard, the programming experience is not required - the application will do all the necessary work to create an Expert Advisor.

The main advantage of the Wizard is its convenience. The program allows to significantly simplify the process of trading robots development, creating different Expert Advisor modules for you. All you need is set the required parameters and select the necessary components - and the MQL5 Wizard will do the rest. The creation of trading robots has never been so fast and simple. Only four clicks - and the Expert Advisor trading according to your strategy is ready!

The Automated Trading Championship 2010 is over. For 12 weeks the Expert Advisors of the Automated Trading Championship 2010 Participants have been competing for the prize money. In this struggle, recognized authorities were falling and new heroes were born, newcomers were achieving unexpected success and old-timers were ingloriously completing their ways.

The first place is taken by the newcomer of the Automated Trading Championship - Boris Odintsov from Russia. Another Russian Participant Andrey Perfilov takes the second place. During the dramatic struggle for third place, winner was finally revealed - Ludwig Rota from France. In addition, Ludwig gets the special prize from MIG Bank - a free trip to a Formula One race in 2011.

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.

MetaTrader 5 trading platform was released in 2010. Unlike MetaTrader 4, it allows trading both on Forex and the world stock exchanges.

At the moment, MetaTrader 5 is a powerful working tool providing plenty of opportunities: stock and Forex trading, technical analysis, fundamental analysis, programming trading robots, MQL5 development environment, multicurrency strategy tester, MetaTrader Market of trading applications, social trading, and Freelance service for ordering custom trading robots.

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," - Gaies Chreis, COO of MetaQuotes Software Corp. said.

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: https://download.mql5.com/cdn/web/metaquotes.software.corp/mt5/mt5setup.exe?utm_source=www.metatrader5.com (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 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.

Dear clients,

Organization and conduction of the Automated Trading Championship is a very complicated and cost-consuming project. For the maintenance of this competition our company needs to involve tens of specialists from different departments. Among persons involved in the conduction of Championships there are developers of trading platforms and specialists of the software testing department.

As you might know, now we are engaged in the development of a new trading platform MetaTrader 5; its release is planned for this year. All our forces are now concentrated on the platform release, and soon it will be presented to you for beta testing. Focusing all our resources on this release, we don't want to be distracted from this target.

Besides, the new platform will contain a new environment for the development of trading strategies - MQL5 IDE. We find it more reasonable to conduct the next Championship using the new language. However, it is unlikely that potential participants will manage to learn MQL5 and write new Expert Advisors in it. Due to this the number of potential Participants may be much lower - this is sure to have a negative effect on the attraction of the Championship.

Taking into account all this we decided not to conduct the ATC this year. Instead of this we will concentrate our efforts on the release of the new MetaTrader 5 platform and next year we will conduct the Championship for Expert Advisors written in MQL5.

In 2006, rich functionality of MQL4 environment enabled the company to arrange the first annual Automated Trading Championship. Never before had the world seen a competition of Expert Advisors of such a scale. Trading robots of 258 developers competed for a prize fund of $80 000 in this 12-week contest. The winner Roman Zamozhnyy increased his deposit by 250% and received $40 000.

The Championship sparked interest among traders and brokers encouraging further development of the automated trading around the world.

After two years of development, the most popular MetaTrader 4 trading platform was released becoming the de facto standard in Forex trading and providing millions of traders with a reliable working tool. Traditionally, the product was developed from scratch and featured a number of fundamental differences. 

Innovations were implemented practically everywhere — from the new mobile terminals up to the fundamentally new distributed architecture of the entire platform. The client terminal once again became the most functional and popular on the market. The new platform also featured MQL4 IDE — a trading strategy development environment which revolutionized the development of the automated trading applications.

The version for mobile devices MetaTrader 4 Mobile was released in October 2005.