MetaTrader 5 (MT5) is not only renowned for its comprehensive trading features but also for its powerful programming language, MQL5. MQL5 opens up a world of possibilities for traders and developers, allowing them to create custom indicators, expert advisors, and scripts to automate and optimize trading strategies. In this article, we will explore the key features and advantages of MQL5, and how it has revolutionized automated trading within the MetaTrader 5 platform.

Understanding MQL5

MQL5 is a high-level programming language specifically designed for developing trading strategies and custom technical indicators in MetaTrader 5. It combines the flexibility of C++ syntax with an intuitive and user-friendly interface, making it accessible to traders with various levels of programming expertise. MQL5 allows traders to automate their trading activities, execute complex calculations, and access real-time market data.

Key Features and Benefits

1. Easy-to-Use Syntax: MQL5 features a syntax that is similar to C++, making it easier for programmers with a background in C-style languages to transition into algorithmic trading. Additionally, the MQL5 Wizard provides a graphical interface for creating simple scripts and expert advisors without the need for extensive programming knowledge.

2. Extensive Library of Functions: MQL5 provides a comprehensive library of built-in functions and trading operations. Traders can leverage these functions to perform technical analysis, execute trades, manage positions, and access market data. The library covers a wide range of functionalities, enabling developers to create complex and sophisticated trading systems.

3. High-Speed Execution: MQL5 programs are compiled into machine code, which allows for efficient and high-speed execution. This is particularly important for algorithmic trading strategies that require quick response times to take advantage of market opportunities.

4. Integration with MetaTrader 5: MQL5 seamlessly integrates with the MetaTrader 5 platform, providing access to real-time market data, historical prices, and account information. Traders can easily implement their strategies and indicators within the MetaTrader 5 environment, ensuring a smooth and efficient trading experience.

5. Advanced Testing and Optimization: MQL5 offers a robust backtesting framework that allows traders to assess the performance of their trading strategies using historical data. The built-in optimization tools enable traders to fine-tune their strategies by testing different parameter combinations and selecting the most optimal settings.

6. Market of Trading Robots and Indicators: The MQL5 Market is a built-in marketplace within MetaTrader 5 where developers can sell their trading robots, indicators, and other MQL5 programs. Traders can browse and purchase ready-made solutions, saving time and effort in developing their own strategies from scratch.

7. Community Support and Collaboration: MQL5 boasts a large and active community of traders and developers who share their knowledge, code snippets, and expertise. Traders can seek help, discuss ideas, and collaborate with fellow programmers, fostering a vibrant environment for learning and innovation.

8. Security and Reliability: MQL5 programs undergo a rigorous security review by the MetaTrader 5 platform, ensuring the integrity and safety of the trading environment. Traders can be confident in the reliability and stability of their automated trading systems.

Why should you learn MQL5?

MQL5 has revolutionized the world of automated trading within the MetaTrader 5 platform. With its powerful features, user-friendly syntax, and seamless integration with MetaTrader 5, MQL5 empowers traders to automate their trading strategies, optimize performance, and unlock new possibilities in the financial markets. Whether you are a seasoned programmer or a trader with minimal coding experience, MQL5 provides a flexible and efficient environment to transform trading ideas into reality.

As the demand for automated trading continues to grow, MQL5 remains at the forefront of innovation, providing traders with the tools and capabilities necessary to stay competitive in the ever-evolving financial markets. With its extensive library of functions, advanced testing capabilities, and a vibrant community of traders and developers, MQL5 is a game-changer for traders seeking to harness the power of automation in their trading journey.

Start here: MQL5 Documentation: https://www.mql5.com/en/docs/basis

In the world of online trading, staying ahead of the game requires access to cutting-edge tools and platforms that provide seamless execution and in-depth analysis. MetaTrader 5 (MT5) has emerged as a powerful and versatile trading software that has revolutionized the way traders approach financial markets. Developed by MetaQuotes Software Corp., MT5 offers an extensive array of features and functionalities that cater to the needs of both novice and experienced traders. In this article, we will explore the key aspects of MetaTrader 5, its advantages, and why it has become a popular choice among traders worldwide.

Unveiling the MetaTrader 5 Platform:

MetaTrader 5 is a multi-asset trading platform designed to facilitate trading across various financial markets, including forex, stocks, commodities, and futures. It serves as a comprehensive solution for traders, offering an all-in-one platform with advanced charting tools, trading analysis, algorithmic trading capabilities, and a customizable user interface.

Key Features and Benefits

1. Multi-Asset Trading: MT5 enables traders to access a wide range of financial instruments from a single platform. This versatility allows for diversification and the exploration of different market opportunities.

2. Advanced Charting and Analysis: The platform boasts an extensive selection of analytical tools, technical indicators, and charting options. Traders can conduct in-depth market analysis, identify trends, and make informed trading decisions.

3. Algorithmic Trading: MetaTrader 5 supports automated trading strategies through the use of Expert Advisors (EAs). Traders can create, test, and optimize their own EAs or choose from a vast library of ready-made EAs, providing flexibility and efficiency in executing trades.

4. Market Depth and Depth of Market: MT5 provides access to real-time market depth information, allowing traders to gauge liquidity levels and make more accurate trading decisions. Depth of Market (DOM) provides transparency by showing the order book and available liquidity at different price levels.

5. Mobile Trading: MT5 offers a mobile application compatible with iOS and Android devices, enabling traders to access their accounts and trade on the go. This flexibility ensures that traders can monitor markets and execute trades at any time, from anywhere.

6. MQL5 Programming Language: MetaTrader 5 features the MQL5 programming language, which allows traders to develop custom indicators, scripts, and EAs. This robust programming language opens up endless possibilities for traders to create personalized trading strategies.

7. Copy Trading and Signals: The platform supports social trading, enabling users to subscribe to trading signals and copy trades from successful traders. This feature is particularly useful for beginners or those lacking the time to develop their own strategies.

8. Security and Reliability: MetaTrader 5 employs advanced security protocols to ensure the safety of client data and transactions. The platform encrypts all communication between the client terminal and the trading server, providing a secure trading environment.

Revolutionizing Trading with MetaTrader 5

MetaTrader 5 has established itself as a leading trading platform, providing a comprehensive suite of features and functionalities to meet the needs of traders across various financial markets. Its multi-asset capabilities, advanced charting tools, algorithmic trading options, and mobile accessibility make it a preferred choice among traders worldwide. Whether you are a beginner or an experienced trader, MT5 offers a user-friendly and flexible solution to enhance your trading experience.

As the financial markets continue to evolve, MetaTrader 5 remains at the forefront of innovation, adapting to the changing needs of traders. With its robust infrastructure, extensive customization options, and advanced analytical tools, MT5 empowers traders to make informed decisions and capitalize on market opportunities. Whether you're an individual trader, an institutional investor, or a broker, MetaTrader 5 is a platform that provides the tools and capabilities necessary to succeed in the dynamic world of online trading.

One of the big improvements of the new Metatrader 5 strategy tester is the possibility to use individual calculation frameworks ( agents ) to distribute the load within the multiple (remote) cores and as result, to greatly increase the speed of trading strategies optimization / calculation. The agents can be installed on remote computers in your local home/work network or on other internet-connected pc's around the world.

Thus, the time for optimization using multiple cpu core's is greatly reduced. The Metatrader 5 strategy tester automatically assigns each agent the testing parameters and the interval to for the next passage. As said above, you can use any available pc, both on a local network and via the Internet. To do this you need to install on the remote computers that you want to use the MetaTester.exe utility. This utility is part of the Metatrader 5 installation package, so there's no need for a separate download. Simply install the Metatrader 5 terminal.

The remote agent receives the required testing history from the tester, so there's no need for multiple requests to the broker servers. Access to remote agents is securely protected by a password. Within the agents the following security mechanisms are implemented:

- Fully encrypted network protocol between the client terminal and the remote agent with a compression of traffic;
- Password protection;
- Ability to specify a list of IP addresses from which connection to the client terminal is allowed;
- Only local agents can use the DLL with the appropriate terminal resolution. DLL call is prohibited on remote agents;
- The transmitted EA's code is never stored on the agent's HDD, but is instead transferred in a transformed state, which is inaccessible by the dump. On remote agents, messages of Expert Advisors (Print() function), as well time of trade operation execution, are not recorded to the journal;
- The agent does not know the name of the EA and doesn't store the miscalculation results on the HDD;
- The agent is protected by a security shield from dissemble and modification.

Here is a detailed guide how to use the remote agents. I'm going to use the dual-core cpu on my laptop as a remote agent on my desktop pc.

1. Open the MetaTester.exe utility on the computer that you want to use for the remote-agent service. The Metatester agents manager program MetaTester.exe is located in the Metatrader 5 installation folder ( default: C:\Program Files\MetaTrader 5\metatester.exe


2. Specify a password and a port range for the remote agent connection. The best option is to choose port numbers that are not used by other programs. You can find a list of standard and unassigned ports here: Iana.org port numbers


In my example i'm using the 4435-4436 port range. Press the "Add" button. The number of available local agents must be equal to the number of logical cores of the processor. In my case, i have a dual core Intel cpu, so i installed 2 remote-agent services. Also, write down your ip address stated above ( in my case, 192.168.1.12 )

3. Now go to the computer where you will be using the Metatrader 5 strategy tester and the remote agents. Open Metatester 5 and go to the "agents" tab. You will see the "local" and "remote" tabs. The local cpu is listed on the "local" tab. Via the context menu on the "remote" tab you can add the remote agents:


A pop-up window will appear. You must input the password, ip address and port number that you specified earlier. In my case, i use the ip address:port number 192.168.1.12:4435 for the remote agent 1 and 192.168.1.12:4436 for the remote second agent.

4. In case you have a firewall installed on the computer with the remote-agents service running, allow the connection. You may also open the ports on your router if they are closed. I'm using the Comodo Firewall program, so i had to allow the outgoing connection:


5. After you have added all remote agents you can test them by running a EA optimization. In my case the remote agents were successfully activated

As said above, all agents are shown in a table divided into two parts - local and remote agents. The "Hardware" column contains information about the type of the processor, CPU clock, RAM size and internal performance rate (the higher the rate is, the the more powerful the hardware is); CPU Usage — indicator of the core usage level; Status — the status of the agent: busy, ready, unavailable.


You can add as many remote agents as you want, so you can build your own supercomputer. The Metatrader 5 strategy tester provides a solutions with the remote agents feature for complex Expert Advisor optimization, which traders would not dream of being able to solve without access to supercomputers.

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