 |
|
News
On the website of the Automated Trading Championship 2008, an article Automated Trading Championship 2008 Has Started! has been published. The 1st of October 2008 is the starting date of the Automated Trading Championship 2008. All preparatory stages are behind us, registration and check of Expert Advisors are over. 705 Participants are on the start line. Now Expert Advisors will have to prove that they are able to trade and gain profit without human interference.
The article was published on the website of Automated Trading Championship 2008 in the News section.
Sponsors of the Automated Trading Championship 2008 are FXCM (Forex Capital Markets LLC), Interbank FX LLC (IBFX), FXDD and the TRADERS’ magazine. The organizer of the Championship is MetaQuotes Software Corp.
MetaQuotes Software Corp. is glad to announce that the registration for participation in the Automated Trading Championship 2008 starts on the 1st of July! From now on till the 19th of September, 2008 all persons interested can register for participation in the contest. Participation in the Championship is free.
Expert Advisors that fully comply with the Rules of the Championship are eligible to participate. Here is the comment of Stanislav Starikov, the Championship jury member, regarding the changes in the Championship Rules: "To provide equal conditions to all Participants and to prevent the admission of frauds to the Championship, we had to make the Rules of the Championship even more stringent, as compared to the previous-year contest. We would like to recommend to all the would-be Participants to read the Rules very carefully and not to violate them."
We wish all prospective Participants a successful competition and good luck in the forthcoming Championship!
Sponsors of the ATC 2008 are:FXCM (Forex Capital Markets LLC), Interbank FX LLC (IBFX) and FXDD. Media sponsor is the TRADERS’ magazine. The organizer of the Championship is MetaQuotes Software Corp.
MetaQuotes Software Corp., Forex Capital Markets LLC (FXCM), Interbank FX LLC (IBFX), FXDD and the TRADERS' magazine are glad to announce the start of preparations for the third annual Automated Trading Championship 2008. Just as one year before, the registration for participating in the contest will start on the 1st of July 2008. The Championship itself will start on the 1st of October 2008.
Unlike many other similar contests, not traders themselves participate in the Automated Trading Championship 2008, but their Expert Advisors - programs for automated trading. These programs will be competing within three months for the Title of the Best Expert Advisor of the Year and for the prize of totally 80 000 US dollars.
In the recent years, automated trading became widely spread. More and more traders choose automated trading systems for their numerous advantages. Unlike a human person, an Expert Advisor can make a huge amount of calculations within a short period of time. This allows the program to process more information per time unit, to obtain more reliable predictions of price changes, and make better trade decisions.
Besides, like all other computer programs, Expert Advisors are affectless. They operate according a clear algorithm and do not deviate from it guided by feelings. Expert Advisors know no tiredness either, they can analyze market situations in the twenty-four-hour mode and make independent trade decisions.
As a relatively new technology, automated trading has acquired its non-believers. Until quite recently, Expert Advisors were considered not to be able to earn money on the market without trader's intervention. Later on, some traders started to take up the position that automated trading is less profitable than the manual one. However, both statements were overthrown by the Automated Trading Championship. The Expert Advisor of the Winner of the first Championship managed to increase its deposit 3.5 times within 3 months, the Winner of the second Championship increased his deposit 13 times. Expert Advisors proved that they could earn really much.
One of the main purposes of the Championship is to raise the development of Expert Advisors among traders to a higher level. For this purpose, the course of the Championship will always be covered on the contest's website. It is an interactive internet resource where you can find a great variety of technical details about Expert Advisors behavior and the detailed reports of EAs. Moreover, statistical reports, articles and interviews with developers will be published on the website of the Championship over the whole period of the contest. These materials will help you to better understand the secrets behind the success of one Expert Advisor or another, the errors made by the authors of Expert Advisors and how to avoid those errors.
The registration for participation in the Automated Trading Championship 2008 will be started on 1st of July and last till the 19th of September; the competition will be conducted from the 1st of October till the 26th of December 2008. MetaQuotes Software Corp and the competition Sponsors invite all persons interested to take part in the ATC 2008. The win in the Championship will provide you with the title of the Best Developer of Expert Advisors 2008 and the first prize – 40,000 US dollars.
With support from MetaQuotes Software Corp., the first textbook on programming in MQL4 is now ready. You can read the book from the website of http://book.mql4.com/ru/ free of charge.
The book is intended for high readership interested in developing of automated trading programs for MetaTrader 4 Clent Terminal. At the same time, due to new terms introduced in it, the book will be interesting for experienced developers of automated trading systems.
According to the books author, Sergey Kovalyov, «development of applications for MetaTrader 4 Client Terminal requires the knowledge of MQL4. This present textbook will help you create your own Expert Advisors, scripts and indicators and incarnate in them your ideas — your algorithms of profitable trading.»
Nowadays, the advantages of automated trading —
Table of Contents:
— Preface
— Table of Contents
— Introduction to MQL4
— Basics of the language
— MetaEditor
— Program in MQL4
— Operators
— Variables
— Programming in MQL4
— Trade Operations
— Simple Programs in MQL4
— Standard Functions
— Creation of a Normal Program
— About Complex Programs
— Appendix
12 weeks of the most interesting, most exciting event in the world of automated trading — the Automated Trading Championship 2007 have passed. The competition is over, all Expert Advisors have been stopped. It’s time to acclaim the Winners and hand them their prizes.
The first place in the Automated Trading Championship 2007 was taken by Olexandr Topchylo (Better) from Ukraine. Olexandr participated in Championship 2006, but without success. Having learned all lessons of the preceding contest, Olexandr won by a head this year. He held the first line in the Top Ten table during five weeks. Olexandr will get the award of The First Place in the Automated Trading Championship 2007 and the prize of 40 000 dollars from ODL Securities Limited. Congratulations, Olexandr!
The second place was the subject of the really earnest struggle during the last several weeks. So this place was taken by the Participant from the United States of America, William Boatright (wackena), with his 55 thousand dollars just one day before the end of the contest. He supposes timeframes coded in his Expert Advisor to make the latter one more reliable. William will get the award of The Second Place in the Automated Trading Championship 2007 and 25 000 dollars from Alpari (UK) Limited. Congratulations, William!
The third place was taken by Vasiliy Lavrinenko (PegasMaster) from Ukraine. His Expert Advisor, Pegas, slowly but surely went to the top of the table of Participants and entered Top Ten only the last several weeks. Though the EA went rather surely, its profit was far below that of the leaders. However, the Expert Advisor managed to add nearly 10 thousand dollars to its balance and take the third place on the last day of the Championship. Vasiliy will get the award of The Third Place in the Automated Trading Championship 2007 and 15 000 dollars from FXDD. Congratulations, Vasiliy!
We would like to thank all the Participants and Sponsors of the Automated Trading Championship 2007 and wish a very happy and successful New Year!
MetaQuotes Software Corp. was founded on the 27th of November 2000. Its only activity was and still is development of software for financial markets. The company has achieved much within the last 7 years. We have developed 4 trading platforms, 4 mobile terminals, created 4 development environments for automated trading, issued one book, and are preparing another one for publishing. Besides, we are organizers of two world championships — Automated Trading Championship 2006/2007.
When developing our trading platforms, we always do our best to make them really
Technological development produced the need and the possibility to create client terminals for mobile devices. We were among the first to provide traders with mobile terminals having developed them for our trading platform, MetaTrader 3. The programs were highly estimated by users.
Of course, the demand was not really high at that time, but it kept growing, so we received evidence that had been an upcoming trend in the field of trading technologies. Taking up the development of trading platform MetaTrader 4, we were sure that mobile terminals would be in high demand. Several years of working in this direction produced good results. Today, mobile technologies in trading are perceived as a matter of course, and one in ten of our traders use them in their daily activities.
One more upcoming trend in development was automated trading. Even our second platform, MetaQuotes, included in 2001 an integrated programming language for writing trading strategies, MetaQuotes Language (MQL). Programs intended for automated trading were called ’Expert Advisors’. Traders used them to automate their analyses of price movements and their trading as such, as well as to create their custom indicators.
At that time, a group of our traders writing their own Expert Advisors (EAs) came into being and started to grow. When developing the next platforms, we did not omit to support them and continuously improved the programming language and the environment in whole. Striving after providing traders with the best development environment and the amplest opportunities, we developed a language named MQL4. By its features, it became the best language intended for programming trading strategies and custom indicators. Since it was released, automated trading has significantly grown in popularity, and the number of Expert Advisors’ writers has essentially increased.
Automated trading boom led us to the idea of organizing a global contest among Expert Advisors. An important feature of the contest had to be full transparency and availability of all materials, as well as absolute independency of EAs. Gradually, having considered these and some other issues, we concluded that we were able to organize such a contest.
Having considered all pros and cons, we took it up, so our first championship, the Automated Trading Championship 2006 took place from the 1st of October to the 25th of December 2006. 258 developers from all over the world participated in it, and three Winners shared the prize of totally 80 000 US dollars. That Championship aroused much interest in traders. Moreover, since it was absolutely open, the Championship allowed us to collect fids of very helpful information that could be used by everybody in his or her research and development. Considering high estimate made by traders and the identified need in such a contest, we decided to make it annual.
Helping traders in their hard work, we always did our best to provide them with as much information as possible. With this object in mind, we launched different websites and communities, published articles and communicated on forums. We also published the book named Forex: From Simple to Sophisticated intended for high readership of traders. We are working on the second book now that will be devoted to automated trading. It is planned to be released in electronic format and for free. We hope that the second book will be useful for traders, too, and help them to explore the market better.
Looking back through 7 years of our services, we understand very well that traders and brokers play the most important role in our company’s life. These were mostly your comments and suggestions that allowed us to create really functional and
Many thanks to you all!
1st of October, the day when the Automated Trading Championship 2007 starts. Registration and checks of Participants are finished. 603 Participants are admitted to the Championship.
Like a year before, the Championship website has significantly changed with its beginning. All news of the Championship are immediately published there. The first page of the website always contains the TOP 15 developers’ positions on charts. Details of other Participants can be found in the corresponding section.
«Expert Advisors’ writers have done enormous work within the last 9 months. Nothing depends on them now, they can just witness the successes of their brainchildren. I want to thank all Participants for the work they have done and wish everybody much success at the Automated Trading Championship 2007», said Renat Fatkhullin, CEO of MetaQuotes Software Corp.
MetaQuotes Software Corp. deeply appreciates the Championship Sponsors:ODL Securities Limited, Alpari (UK) Limited, FXDD и TRADERS’ Magazine.
We are glad to inform you, that the 1st of July is the start date of the registration of the Automated Trading Championship 2007 participants. From now on till the 21st of September all persons interested can register for participation in the competition.
As compared to the Championship of 2006, we decided to start the registration 1 month earlier. It gives all possible participants the opportunity to fill out personal data and upload the Expert Advisors.
Expert advisors that fully meet the Requirements of the Championship are eligible to participate. This year the requirements became more stringent. It will help us select strong and efficient Expert Advisors only. We expect that the second annual Automated Trading Championship 2007 will gather more profitable, stable and reliable experts.
The sponsors of the new Championship are: ODL Securities Limited, Alpari (UK) Limited, FXDD. The
We wish all prospective participants a successful contest and good luck in the forthcoming competition!
MetaQuotes Software Corp. grows and branches out continuously. As you might know, we have recently opened an office in Shanghai (China). Now, the headquarters in Kazan (Russia) is going to move to a new office in the center of the city.
At present, there are 25 staff members in the Russian Department, which directly develops the company’s software products. We are planning to double this number in the new, larger office.
We will move to our new office from the 25th to 28th of May 2007. Later on for a period of several days we will be doing the arrangements of the new office and setting up of equipment. It can happen that within that period will not be able to answer your questions in forums as soon as it is desirable. Please have our apologies for possible inconveniences.
New Office Address:
4 Gorkogo Str.
420015, Kazan
Russia
Tel.: +7 843 570–00–37
Attention! Starting from the 1st of July 2007, client terminal builds having numbers under 200 will not be supported.
This limitation is intended for speeding up change for the latest build of the client terminal in order to reduce the trade server loads and the amount of requests to technical support services about bugs already eliminated.