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.
More on Object-Oriented London Breakout Robot Available for MetaTrader 5
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MetaQuotes announced yesterday that from now on the source code for MetaTrader 5 expert advisors written by 3rd parties (such as the Trading Gurus!) will be made available for download through the MT5 client terminal. To celebrate this fact we've rewritten our latest "Really Random Robot" in an object-oriented style, and uploaded it to the MQL5 Code Base. MetaQuotes have already kindly translated the instructions into Russian for us! We're eagerly waiting to discover how many MetaTrader 5 beta testers download it and try it out. So far today we're up to 16.
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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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One of the drawbacks of MetaTrader 4 has always been that whilst you can write a multi-currency expert advisor for the platform, the MT4 strategy tester only allows you to backtest one currency at a time. Now that the bugs in the MetaTrader 5 strategy tester are gradually being removed, we're just starting to use it for some serious testing.
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MetaTrader 5 has been in beta 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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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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Now that MetaTrader 5 is finally able to perform backtests we've rewritten another of our example MT4 expert advisors to run on MetaTrader 5. Since the members of our forum seem to be particularly keen on moving average crossover systems at the moment, we've ported our robot example 3 over to MQL5 and tested it out using the MT5 strategy tester. If you want to try this for yourself please feel free to download our MQL5 source code.
More on Moving Average Crossover Robot Available on MetaTrader 5
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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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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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