Now, Everyone can Create a Trading Robot
KAZAN CITY, Russia, April 26 /CNW/ - 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 (http://www.mql5.com/) 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
In general, the company's 2011 strategy is aimed at making automated
trading accessible to all users irrespective of their experience and
"The release of the MQL5 Wizard is just one of the steps in our global
strategy," said Renat Fatkhullin (http://www.metaquotes.net/en/company/management), 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
About Automated Trading
Automated trading technologies allow creation and use of automated
trading systems in financial markets. Such robots can replace humans
both in analysis and trading activities. MetaQuotes Software Corp.
specialists believe that automated trading is the technology of the
future, and during the next three years, a large number of automated
traders will emerge in the financial market. Anyone can watch the
behavior of trading robots during the annual Automated Trading
Championships (http://championship.mql5.com/) organized by MetaQuotes Software Corp.
SOURCE MetaQuotes Software Corp
For further information:
Marketing Director of MetaQuotes Software Corp.
Tel: +7(843)200-10-10 ext. 132