MultiCharts have just announced on their blog that they have introduced what they describe as:
The BEST currently available free trading software.
The MultiCharts hype machine goes on to say that:
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FXCM have made a couple of announcements recently about new developments they've introduced to make it easier for their customers to start automated trading. First they announced their new Strategy Trader platform with quite a bit of razmatazz, then with rather less fanfare earlier this month they invited their clients to get involved in open beta testing of their new products via FXCM Labs. It's said that these things come in threes, and FXCM have just quietly revealed via the FXCM Labs forum that starting on Monday users of the venerable Trading Station platform will be able to program their own automated trading strategies too.
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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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