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MetaTrader 5: The Future At Your FingerTips

By:
Barry Norman
Updated: Jan 1, 2011, 00:00 GMT+00:00

Three years ago, the development department of MetaQuotes started from scratch to build a new advanced trading technology, not simply improve their

MetaTrader 5: The Future At Your FingerTips

Three years ago, the development department of MetaQuotes started from scratch to build a new advanced trading technology, not simply improve their existing platform. They started from nothing and in 36 months built one of most advanced multi-market platforms th can operate on any forex or stock market around the globe. The team at MetaQuotes claims they have written 1.1 million code lines (MetaTrader 4 consists of 0.6 million lines). That’s why the result is so impressive.

The all new MetaTrader 5 trading system has,” distributed architecture, high performance and flexibility”.

“This is a new terminal for traders with an extremely powerful environment for developing Expert Advisors – MetaQuotes Language 5 (MQL5).” In layman’s terms, the new platform excels MetaTrader 4 in all terms.

“Even at the platform design stage, we understood that serious testing would be needed. First, the platform was subject to severe testing within our company. Then we launched the program of multi-stage testing.”

Development commenced in 2009 with a time table of 5 months, which turned into 2 years. The results of painstaking development, testing and QA are evident in the final product, that is highly functional but maintains the user experience.

“While working on MetaTrader 5, we kept consulting with different brokerage companies and stock exchanges. In April 2009, we held a three-day workshop inviting representatives of brokerage companies from all over the world. This workshop was held to discuss problems of the trading platform development and different aspects of using MetaTrader 5. This meeting brought many benefits to our development team enabling them to best implement brokers’ wishes. “

A lot of the explanations and background come from staff, developers and press releases by or about MetaQuotes. Being a trader rather than a software developer, I am more knowledgeable about the trading experience then I am in the software engineering.

“MetaTrader 5 is the new revolutionary software designed for financial markets. The platform retains its basic functions and additionally offers new features that will help your company stand out among your competitors. With MetaTrader 5 you will be able to offer your clients the new client terminal, powerful automated trading and will allow them to operate in various currency and equity financial markets. Order MetaTrader 5 and be the first to offer these new possibilities to your clients!

The MetaTrader 5 Trading Platform is a perfectly equipped trader’s working tool that allows trading on the financial markets. It provides the necessary tools to analyze price dynamics and use the automated trading programs (Expert Advisors). The platform represents the all-in-one concept and combines everything you need to trade in the financial markets. Trading, market analysis and automated trading are integral parts of the forex trading software. It enables traders to work not only with Forex market, but also trade Options, Futures and Stock Markets.”

What I will tell you from a trader’s aspect, it is like wow… what more can I say, try it, find a broker that is offering MetaTrader 5 or ask your broker to add it to their existing offerings. It is like entering the future. As a user, it was fast, easy and friendly, as a trader I found all the tools, design and layout easy and convenient all rolled into a nice package.

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