Thursday, October 8, 2009

MetaTrader 5 public beta testing

At last - the public beta for MetaTrader 5 is due to start on 12th October!

I'm seriously thinking of starting up an MQL4 to MQL5 conversion and EA coding service.  In the last 12 months I've written MT4 EAs for free for quite a number of people.  I was hoping that the exercise would be worthwhile because I would be gaining valuable ideas in exchange, but in reality I haven't seen much new apart from a promising idea related to fixed range bars.

This new version of MetaTrader will generate an avalanche of coding requirements, so perhaps it's time to go commercial.  I should research how other service providers structure their charges, but one way would be to provide a compiled EX5 for a small cost, and charge say $100-$500 for the source code depending on complexity.  I'm looking forward to creating a set of module/objects which can easily be snapped into projects.

1 comment:

  1. I would like to suggest that you stick with the ultimate Forex broker - AvaTrade.