We've recently improved our MetaTrader 4 London Breakout expert advisor, and now we've released a port of that "robot" to MetaTrader 5, using the new object-oriented features of the MQL5 language. You can download the MQL5 source code from our Community forum.
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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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A user of one of our example robots informed us that a system called 1 Minute Daily seemed to be getting people on the forex forums excited, and asked us to look into it. Apparently, unlike so many other forex trading systems sold through ClickBank these days, this one doesn't come complete with a "robot". The way it was described to us it sounded an awful lot like a member of the group of range breakout systems often referred to as "London breakout systems".
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Having ported our example moving average crossover MT4 robot to MetaTrader 5 following the recent launch of the MT5 strategy tester we've now taken the next step. We've rewritten the expert advisor using the object oriented framework supplied by MetaQuotes as part of MetaTrader 5. You can take a look at our source code and see if this new way of producing robots appeals to you or not.
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MetaTrader 5 has been open for public beta testing for a few days now. After a few trials and tribulations we have now got our first example robot working on MetaTrader 5. If you'd like to know what changes we had to make you can take a look at our MQL5 source code. This is just a quick port retaining the old MQL4 procedural style. We're not using any of the fancy new object oriented features of MQL5 yet.
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With the benefit of an apparently hasty translation from the Russian original the MQL4 community website has just published an English language review by one of the MT5 closed beta testers that includes some pictures of the beta version of the MetaTrader 5 client terminal in action.
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We've finally received the email from the Forex MegaDroid team that we've been waiting for since July 5th. Albert and John finally announced in an email to their customers on September 20th that:
More on Forex MegaDroid Gets NFA FIFO Update – 7 Weeks Late!
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Our regular readers will have gathered by now that we are based in the United Kingdom. As UK residents that means if we use a spread betting account to do our forex trading we pay no tax on our profits! This is obviously highly desirable, but there is a drawback. The vast majority of spread betting brokers don't allow you to use automated trading systems.
More on Trading Gurus Robots Translated from MetaTrader to GFT CTL
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On September 9th, which they refer to as a "Red-Letter Day", MetaQuotes announced on the MQL forum that the arrival of the long awaited MetaTrader 5 has just got one step closer. They have now started "closed beta-testing of the MetaTrader 5 terminal":
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