MetaTrader India

MetaQuotes continues to impress us with new features in MetaTrader 5.  As with any major software upgrade, however, there will be a period of time where both MT4 and MT5 will exist and perhaps be supported concurrently by brokers.  One excellent way MetaQuotes has helped manage that overlap is a feature that permits MetaTrader 5 to act as a signal provider for MetaTrader 4 with a little coding in the MQL languages.  This article outlines the process, and it was found on the MQL5 Community website, MQL5.com.  All MT4 users and administrators should be sure to keep up with MT5 news as the platform is adopted by the world’s brokerages.

Source: www.cmaplic.com

MetaQuotes Software Corp., a professional trading platform developer, announced the launch of its mobile trading platform, MetaTrader 5, for Android (News – Alert)-powered devices. The new platform, called as MetaTrader 5 Android, allows traders using Android devices to trade on financial markets even when away from their desktop computers.

According to MetaQuotes, the MetaTrader 5 Trading Platform is designed to provide brokerage services to traders in Forex, CFD, Futures, and stock markets. As a trader’s working tool intended for online trading in the financial markets, it features flexible trading system, technical analysis of quotes and fundamental analysis, financial news, alerts, automated trading and mobile trading.

Encompassing all necessary components for providing brokerage services in the financial markets, the MetaTrader 5 is a full-cycle trading platform. Released on the retail Forex about a year ago, it is already used by more than 50 brokers and banks around the world, according to MetaQuotes.

Offering the convenience of mobile trading that allows traders to manage their accounts from portable devices like a cell phone, smartphone, and Pocket Digital Assistant (PDA), the MetaTrader 5’s Mobile trading feature helps to keep up with Forex or Stocks trading account when trader does not have access to a desktop computer.

The second application for mobile trading within the MetaTrader 5 trading platform, the MetaTrader 5 Android supports all trading functions. This application receives prices of financial instruments, allows traders to trade and enables traders to view the history of trade operations.

Similar to the mobile trading platform for iPhone, the MetaTrader 5 for Android is absolutely free of charge. Interested users can start working with the application by simply downloading the MetaTrader 5 for Android in the Android Market and run it. Then, the user is required to open an account and select broker to enjoy the benefits of the application.

According to MetaQuotes, the MetaTrader 5 for Android requires a smartphone or a tablet PC powered by Android OS 2.1 or higher. In addition, it also requires a cellular network or Wi-Fi connection for connecting to broker’s server.

Officials with MetaQuotes said in the release that the functionality of the the MetaTrader 5 trading platform will be expanded in the next versions. Some of the intended features to be implemented soon include charts and technical analysis tools.

“We are counting on the development of mobile trading,” said, Renat Fatkhullin, CEO of MetaQuotes Software Corp., in a press release. “We expect a significant growth in the share of mobile trading the next 2-3 years. To spur this process, we distribute our mobile platforms free of charge.”

In recent news, MetaQuotes launched its MQL5 Cloud Network service, which allows users to create their own cloud computing available to programmers and researches.

Source: http://financial.tmcnet.com

MetaTrader 5 : Your Forex Buddy on your iPhone – iPhone application review

If you have always desired to do some Forex Trading but never been able to take out time from your busy schedule, you need not worry anymore because Forex Trading can now be done from the ease of your iPhone. With MetaTrader 5 not only can you follow but also trade directly from your iPhone.

With MetaTrader 5 you can quickly make accounts and trade with some of the biggest broker servers like NordFX, N2Markets, AlfaForex, ActivTrades, Exness, MetaQuotes, United World Capital, Straighthold Investment Group, FXDD, and AFBFX.

Getting started with forex trading requires educating yourself on the basics. Forex trading is serious business and there is much to learn before you can begin. Taking the time to educate yourself can help you avoid costly mistakes. Before you actually commit any money to live trading, like anything else, you’ll need to spend some time practicing.

Practicing is not exciting, but it is necessary, and it should even be required when money is going to be on the line. In forex trading, you can practice using a forex practice account or demo account. If you have always wanted to try forex trading; you can do it now without risking any of your money with a Demo account from MetaQuotes or any of your favourite brokers. A demo account is a virtual account that comes with play money that you can make virtual trades with. Demo accounts are free of charge and they are supposed to represent actual market conditions. Some brokers limit the demo account to 30 days of use. A good broker allows unlimited use of a demo account.

MetaTrader 5 offers an user friendly easy to use interface with a rich variety of features like charts, analytics tools (coming soon), live currency changes and more. The functionality of MetaTrader 5 for iPhone is similar to the PC version, but the application interface is adapted to make your forex trading more comfortable. You can change the view of graphs, pinch to zoom in and out, view currency value relative to date, time and current change. You can also decide in which timeframes you want the boxes/lines to appear on. Upper or lowercase, separated by commas. Valid entries are M1, M5, M15, M30, H1, H4, D1.

MetaTrader 5 is really eye catching app for forex available on the app store for free.

Screenshots from the app :

Source: www.iphonefootprint.com

Now, Everyone can Create a Trading Robot

MetaQuotes Software Corp today announced the release of a new version of the MQL5 Wizard, an application that automatically creates trading robots for Forex trading. Using the Wizard, even ordinary traders, who do not have programming skills can easily create automated trading systems.

The principle of the MQL5 Wizard operation is simple. To create a trading robot, the user only needs to specify parameters of the trading algorithm and money management, and the Wizard would create an MQL5 program  for the same.

An important function added to the new version of the MQL5 Wizard enables traders to create trading robots based on different combinations of signals. This innovation allows sophisticated quote analysis and access to more accurate signals, and would ultimately lead to an increase in the number and variety of automated trading programs created using the Wizard.

Currently the MQL5 Wizard includes about 20 trading signals that can be combined to produce a variety of different algorithms. The application developers are planning to increase the number of signals to 50 in the coming months. The rich functionality of the MQL5 Wizard is available to any user of the MetaTrader 5 trading terminal. This means that anyone can create a robot that will trade according to a user defined strategy.

In general, the company’s 2011 strategy is aimed at making automated trading accessible to all users irrespective of their experience and programming skills.

“The release of the MQL5 Wizard is just one of the steps in our global strategy,” said Renat Fatkhullin, the CEO of MetaQuotes Software Corp. “We have long been engaged in the development of automated trading, and now we have taken an important step to help ordinary traders. We have provided them with the opportunities that were previously available only to experienced programmers. The powerful functionality used by professional developers is now available to all traders. With the new MQL5 Wizard, even a novice user can create a trading robot based on various algorithms.”

The next step of MetaQuotes’ strategy is the upcoming launch of new services – Market and Signals. The new services will provide a secure place for selling and purchasing MQL5 applications and signals. The developers believe that this will lead to even greater popularity of automated trading.

Source: www.prnewswire.com