MetaQuotes

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." — 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.

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.