The beta test version of FXCM's new Strategy Trader platform has been around for several months now, but you used to have to fill in a form and be approved by FXCM before being able to download it and try it out. That's now changed, and FXCM have made it available for download to anyone who visits the brand new Strategy Trader section of their website, along with a video walkthrough about the wonders of what they now describe as:
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We've been beta testing FXCM's new Strategy Trader automated trading platform for a couple of months now, and after quite a few trials and tribulations we've finally got our trusty first example robot to work successfully on it. FXCM refer to trading systems written for Strategy Trader as "Strategy Advisors", and they are implemented based around bars rather than ticks like MetaTrader 4. That means you really need to run this advisor on a tick chart to stay in the market 100% of the time, like the MT4 version does. We still haven't managed to get that working reliably, but it does seem to run fine on a one minute chart and up. If you'd like to take a look you can download the C# source code from our community forum.
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To celebrate the fact that forex broker Dukascopy have at last officially become a Swiss bank we have rewritten our first example robot to work on their JForex platform. Take a look at the JForex source code on our community forum.
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MetaTrader 5 has been in testing by traders around the world for well over 6 months now. In an indication that there might at last be a glimmer of light at the end of the long testing tunnel Alpari UK are now publicising the fact that you can download MetaTrader 5 from their website, and thus open an account with them. It's only a demonstration account at the moment of course. Alpari don't say when a real live MT5 account will be available from them. A few more months yet I suspect. Alpari do say this however:
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For the last month FXCM have been busy migrating all the new customers they acquired when they took over UK broker ODL. I have now received several emails from ODL on the topic. The one I received on May 21st informed me that:
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Over the weekend MetaQuotes released yet another new beta version of MetaTrader 5. This one is build 268, dated April 24th, and as we speculated earlier this month, at long last MetaTrader 5 now comes complete with a strategy tester!
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MetaQuotes, the Russian company that produces the MetaTrader forex trading platform, has announced that it is reviving its automated trading championship in 2010. According to the post on the MQL5 website:
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Here at the Trading Gurus we are constantly monitoring the quotes from a wide range of brokers. Yesterday alarm bells started ringing to tell us that the spreads on one of our MetaTrader 4 demo accounts at Alpari UK had suddenly reduced to previously unheard of levels. Spreads as low as 0.4 pips on GBP/USD for example, and once (briefly!) even zero on EUR/USD.
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MetaTrader 5 entered public beta testing quite some time ago now. For almost as long information about the product has been disseminated via the existing MetaTrader 4 web sites. Now MetaQuotes has finally got around to putting some content on a couple of MetaTrader 5 specific sites. MetaTrader5.com currently consists of a single page only, but it does at least provide a convenient location from which to download the latest beta version of MT5. The home page also displays the date when beta testing of the product is currently scheduled to end:
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Following the recent release of a beta version of MetaTrader 5 to the public expert advisor vendors have been struggling to get to grips with the new MQL5 language. Being able to read Russian has helped, but even then some vital information has been missing from the available documentation.
More on MQL5 Documentation Now Available in English (Mostly!)
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