LIMASSOL, Cyprus, June 4, 2012 /CNW/ - Today MetaQuotes Software Corp. officially announced the start of registration for the Automated Trading Championship 2012. The prize fund of the competition is $80,000.
The Automated Trading Championship 2012 is a competition of Forex trading robots. Its distinguishing feature is the complete autonomy of the automated trading programs that participate in the competition.
During the Championship, trading robots run in accordance with the implemented algorithm, without any intervention or adjustment on the part of their authors. At the end of the contest we will see what trading strategies and algorithms are most effective for trading in the Forex market.
The Automated Trading Championship is an annual competition, and is held for the sixth time. The very first contest took place in 2006. With each new competition, the complexity of participating trading robots grows, and their profitability increases. The winner of one of the Championships increased his initial deposit 17 times in just 3 months.
"The main goal of the Championship is to popularize automated trading and to accumulate a unique knowledge base in this area," commented Gaies Chreis, the COO of MetaQuotes Software Corp. "Therefore, participation in the competition is free, and the event is open to public. After the Championship, all the trading and analytical information on the performance of the participating robots is available to everyone for further researches."
To maximize the event coverage, the company has launched a special website to publish detailed information on all trading robots. In real time you can watch all trading operations and analyze detailed reports of each trading program.
In addition, the competition organizers publish various researches on automated trading, interviews with top participants, analytical reviews and reports. This information helps you better understand the work of modern trading robots and learn about their possibilities.
Starting from now until September 21 you are welcome to apply for participation in the Automated Trading Championship 2012. To participate in the competition, prepare and submit a trading robot that meets the Championship Rules.
The Automated Trading Championship 2012 starts October 1 and ends December 28. Three best developers, whose trading robots finish with the highest profit, will share the prize money of $80,000.
About MetaQuotes Software Corp.
A professional developer of software applications for financial markets. With more than a decade of experience, the company is a market leader, providing one of the best Forex trading software solutions. The company's MetaTrader 5 trading platform provides features for trading not only on the Forex market but also direct on stock exchanges.
Company website: http://www.metaquotes.net
For further information:
MetaQuotes Software Corp., Phone: +357-2503-0474, [email protected]