Why
should a Forex Trader use Metatrader
4?
It is very difficult to suceed at
forex if you are not a
professional trader, due to the ineffectiveness of the trader if
they are not watching the markets constantly. Consequently,
90%+ of traders lose money on Forex market. Losses occur
because traders-beginners, keen by passion, rush to trade
without having a decent
Forex trading strategy. Even if they have Forex trading strategy
this strategy is usually not tested on historical data,
and also there is also human emotional factors
such as fear and greed, not to mention total
inexperience.
Primarily,
the use of Metatrader Expert
Advisors excludes human emotions, secondly
it allows you to test Forex trading strategy on historical
data by
Metatrader Expert Advisors on a strategy
tester of the strategy inside Metatrader.
The strategy tester helps to make a
back-testing of the Expert Advisor, but helps to
optimize Metatrader Expert Advisor parameters by using
the built-in optimizer. The use of Metatrader Expert
Advisors will give you the possibility to test your own
strategy on historical data. Such test of Metatrader
Expert Advisors is called the backtest. To test
Metatrader Expert Advisors on demo-account is called a
forwardtest. In forward test, you can see how the Expert
reacts in full market simulation. All Metatrader Expert Advisors
offered by us have been tested on historical
data and you can see Metatrader Expert Advisors strategy
tests reports (backtest). We also monitor our systems
on demo tracking accounts and you can see
forward tests also.
What is MetaTrader4
platform?
Metatrader 4
is free trading platform designed for use
primarily in Forex, altough it has been
adapted for CFD's and commodoites recently. You can
find a demo download by visiting any of the MT4 listed
brokers in our performance page. It has the
built-in Metatrader Expert Advisors based on the technical
analysis, such as metatrader indicators, Metatrader
Expert Advisors and Metatrader scripts. It also
has its own built in programming language mql4, which
allows to develop customized Metatrader Expert Advisors,
metatrader indicators and metatrader
scripts.
Expert Advisors can analyze the situation on the market, make
decisions, put pending orders, and open positions in
on-line mode without trader's participation. Custom
Indicators, just like technical ones, can analyze
the situation on the market and generate various signals.
As for Scripts, they are designed for
single execution of some
actions.
Why use MetaTrader for systems
development?
Metatrader 4
is a free trading platform with many brokers worldwide
open trading accounts (mini-accounts and standard
accounts) under control of Metatrader. It is much
more convenient than to trade than other paid developments suites
such as Tradestation. The Metatrader platform has variety of
advantages and has plenty of useful functions over
other platforms.
What is Metatrader Expert Advisor
Backtesting and is it
reliable?
Metatrader Expert Advisors Backtesting
is testing the strategy on historical data. Every tick
method is the use of each tick of the currency pair
thoughout the time period used, it is by far the most
accurate. In other words if we have more that one period
for the same timeframe, the data of the least timeframe
will be used for modeling. Control points are generated
on the basis of OHLC data of the least available
timeframe – the same as in the preceding method. In
order to generate price movements between control items,
interpolation based on predefined templates is also
used. It is quite normal that several ticks can be
modeled one by one. In this situation, the last quote
will be fixed, because the doubled quotes will be
filtered out. Quality of modeling is 90 % accurate, but
the success in the past does not guarantee the success
in the future. All Metatrader Expert Advisors are tested
on quotations of the Alpari-UK broker. The tests for
other brokers may differ, it occurs because of the
differences in quotations of different brokers.Strategy
tester can be found in View>Strategy tester. To
download more data for the pair you are testing you can
get this in tools>history centre.
Trading with MetaTrader Expert Advisors -
The advantages;
-
Our Metatrader Expert
Advisors (Mechanical Trading Robots) can be easily
installed, do not require any special knowledge, and
are widly used by beginners and skilled traders. You
can start to trade by means of our Metatrader Expert
Advisors in an hour after the
purchase.
-
All Mechanical
Ttrading Systems (Metatrader Expert Advisors) work
under control of the trading terminal – Metatrader 4,
which is free-of-charge.
-
You can start to
work with ours Metatrader ?xpert Advisors opening a
real account for $1000+ you can
begin only on a demo
account.
-
Our Metatrader
Expert Advisors are tested on history with the
greatest possible quality of modelling of 90% on long
sites of historical data and are also tested on real
accounts.
-
While buying
our Metatrader Expert Advisors you are receiving
24/5 support.
-
We do not take
additional money for the updated versions of our
Metatrader ?xpert Advisors.
