MetaTrader 5 Trading Platform
MetaTrader 5 is the trading platform designed to arrange
brokerage services in Forex, CFD, Futures, as well as
equity markets. With this platform, you can offer your
clients the best client terminal and better services,
thus enabling them to execute trades in several
financial markets and stock exchanges in one account.
Automated Trading with MetaTrader 5
Automated trading is a relatively new but very promising
technology. Its main idea lies in transmitting account
management to a computer program. In MetaTrader 5 market
analysis is also entrusted to these programs (Expert
Advisors). In other words, MetaTrader 5 completely
releases traders from the routine market watching and
the execution of trade operations.
To see how it works, visit the website of the annual
Automated Trading Championships.
The MetaTrader 5 client terminal is supplied with the
MetaQuotes Language 5 Integrated Development Environment
(MQL5 IDE). This environment consists of the following
MetaTrader 5 terminal
- the module where automated trading programs are
managed and executed.
MetaQuotes Language 5 (MQL5)
- the programming language for implementing trading
- editor and compiler of Expert Advisors.
- the module to test and optimize Expert Advisors.
With these tools, you can create your own Expert
Advisors or use the developments of other programmers.
All Expert Advisors are written in the MQL5 in
MetaEditor. Once an Expert Advisor is compiled, it shows
up in the client terminal where it can be tested in the
Strategy Tester or get running right away.
MQL5 is a C-like language, which is one of the fastest
and most functionally valuable languages in the world.
Its flexibility makes it possible to thoroughly verify
all parameters of Expert Advisors. This enables
developers to automate almost any trading strategy. As
far as its speed characteristics are concerned, MQL5
outperforms all specialized languages for trading
strategies and comes second only to such high-level
languages as Java and C++. This combination of wide
functionality and high performance has made MQL5 the
first choice of a majority of traders.
The development environment is, first and foremost,
designed to create Expert Advisors. These programs allow
full automation of the analytical and trading processes.
To demonstrate all possibilities of MQL5, our company
hosts the annual Automated Trading Championship. During
this competition, participants' Expert Advisors trade
without any human interference for three months. Visit
and learn what amazing results can be achieved with the
help of an Expert Advisor.
Besides Expert Advisors, you can use MQL5 to create
custom indicators and scripts. Custom indicators are
full analogues to built-in technical indicators. They
are indispensable for analyzing price dynamics of
financial instruments and showing trade alerts. And if
available technical indicators aren't enough, you can
create your own or use those developed by other traders.
Scripts are mini programs that automate small frequently
repeated actions. Unlike Expert Advisors, scripts are
performed only once, not with every tick. For example, a
typical script could be a small program closing all open
positions for all instruments with a single key.
Every year hundreds of developers submit their Expert
Advisors to take part in the
Automated Trading Championship
to showcase their results. To sum up, choose MetaTrader
5 and you won't have any difficulties using ready-made
programs or developing your own with the help of the
available knowledge base.
Here you can download a
All the information about automated trading: Subscibe