MetaQuotes Software Corp.

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.

The first mobile terminals for Forex trading (MetaTrader 3 CE and MetaTrader for Palm) were released in 2003. 

The terminals were quickly appreciated by users expanding the company's customer base and boosting MetaTrader's popularity in the world.

Release of the MetaQuotes trading platform. The new platform differed from its predecessor in its higher functionality. 

Most importantly, the new client terminal was supplied with a built-in language for programming trading strategies - the MetaQuotes Language (MQL). It allowed users to develop trading robots.