29 May 2014
Market of Trading Applications is an Essential Element of the MetaTrader Ecosystem
Unlike a desert oasis or a huge fortune won in a lottery, MetaTrader Market of trading applications has not appeared out of nowhere. The launch of the applications' market was preceded from meticulous work during the development of the entire ecosystem of the MetaTrader trading platforms.
In today's version, the Market with its wide variety of trading robots, technical indicators and various utilities is a source of great value. It is now hard to imagine convenient trading without this service, as it has changed users' habits completely. We visit the App Store to buy an application for iPhone or iPad, we visit Google Play if we need a program for our Android device and we visit MetaTrader Market when we need a trading robot. It seems like it has always been like that.
However, this is not true, of course. Three years ago, traders could only dream about a large and convenient store allowing them to buy trading apps from reliable sellers. Buyers had to negotiate with developers via third-party websites who had an unknown reputation.
This discouraging situation changed only with the launch of the trading robots market: the marketplace for MetaTrader 5 applications appeared first, followed by the one for MetaTrader 4 users. Traders received an opportunity to find, download and launch a program they needed directly from their trading platforms. From the most sophisticated trading robots having a unique strategy down to the simplest technical indicators – the service satisfies every taste. Visiting the Market of trading applications now resembles a usual Sunday trip to a huge supermarket where you can find everything: bread, juice, barbecue meat, golf clubs and even an inflatable pool. Here you can download not only programs, but also books and magazines. Hundreds of publications in different languages are available for those striving to improve their skills and obtain new knowledge.
Creating the official market of MQL applications is quite a challenge. It involves providing a comfortable environment for thousands of programmers from around the world who are willing to sell their applications. Security, license control, minimum promotional costs, native payment system and convenient statistics – we provide all the ideal conditions for sellers. Develop, upload, sell and make a profit!
Needless to say, such service should be properly monitored and managed, and this can be done only by MetaTrader developers themselves. In order to meet the highest quality standards, the store was first launched in beta mode, so that it could be tested by the developers. It was definitely worth it. Previously, traders had to create applications on their own, order them from professional developers or purchase them from untrusted websites at their own risk. With the Market, the entire process has become much more transparent. The industry has taken on a new form of life.
Of course, traders can use other services from this ecosystem in order to obtain a necessary trading robot. For example, they can download it for free from the Code Base or order it form the freelance service. However, a free product can hardly cope with several issues that traders may possibly face, while before ordering from the freelance service, you need to specify clearly your requirements. In other words, you should answer the question "What do I want to receive as a result?" clearly and correctly. Of course, this does not satisfy demands of ordinary traders to the fullest extent. The Market has turned out to be a perfect solution in this aspect, in becoming a core element of the entire ecosystem. Now, ordinary traders can finally access the widest range of trading robots. Experience, skills and solid knowledge are still important factors, but entry barriers have been lowered, and the members have expanded as a result.
Trading and analytics are still an essential foundation, but they comprise only the tip of an iceberg called "modern Forex trading". Additional services expanding the traders' capabilities are becoming more and more important, as they allow users to spend their time and money in a more rational and sensible manner. Are you looking for a robot that will trade successfully for you? Download it from Code Base. Do you know how to trade but still need help of an experienced programmer in order to implement your strategies? Order for the development of an Expert Advisor in the freelance service, obtain it and launch the robot in your platform. Do you urgently need a certain technical indicator for your analytics? Find and buy it from the Market of MQL applications in a couple of clicks. The last option is the simplest and fastest one.
The functionality to trade using robots has been recently implemented throughout the entire infrastructure of the trading platforms. Download a free program in the Code Base, order it from developers in the Freelance service or simply buy it in the Market. Such flexibility helps in so many ways to improve your trading. You simply need to select the one that suits you best.
All elements of MetaTrader ecosystem are deeply intertwined with one another forming the entire family of applications and services. Most importantly, this ecosystem is already backed by user experience and habits. Each of the millions of the trading platforms' users has access to all services that facilitate the work on Forex and make it more sensible.
In today's version, the Market with its wide variety of trading robots, technical indicators and various utilities is a source of great value. It is now hard to imagine convenient trading without this service, as it has changed users' habits completely. We visit the App Store to buy an application for iPhone or iPad, we visit Google Play if we need a program for our Android device and we visit MetaTrader Market when we need a trading robot. It seems like it has always been like that.
However, this is not true, of course. Three years ago, traders could only dream about a large and convenient store allowing them to buy trading apps from reliable sellers. Buyers had to negotiate with developers via third-party websites who had an unknown reputation.
This discouraging situation changed only with the launch of the trading robots market: the marketplace for MetaTrader 5 applications appeared first, followed by the one for MetaTrader 4 users. Traders received an opportunity to find, download and launch a program they needed directly from their trading platforms. From the most sophisticated trading robots having a unique strategy down to the simplest technical indicators – the service satisfies every taste. Visiting the Market of trading applications now resembles a usual Sunday trip to a huge supermarket where you can find everything: bread, juice, barbecue meat, golf clubs and even an inflatable pool. Here you can download not only programs, but also books and magazines. Hundreds of publications in different languages are available for those striving to improve their skills and obtain new knowledge.
Creating the official market of MQL applications is quite a challenge. It involves providing a comfortable environment for thousands of programmers from around the world who are willing to sell their applications. Security, license control, minimum promotional costs, native payment system and convenient statistics – we provide all the ideal conditions for sellers. Develop, upload, sell and make a profit!
Needless to say, such service should be properly monitored and managed, and this can be done only by MetaTrader developers themselves. In order to meet the highest quality standards, the store was first launched in beta mode, so that it could be tested by the developers. It was definitely worth it. Previously, traders had to create applications on their own, order them from professional developers or purchase them from untrusted websites at their own risk. With the Market, the entire process has become much more transparent. The industry has taken on a new form of life.
Of course, traders can use other services from this ecosystem in order to obtain a necessary trading robot. For example, they can download it for free from the Code Base or order it form the freelance service. However, a free product can hardly cope with several issues that traders may possibly face, while before ordering from the freelance service, you need to specify clearly your requirements. In other words, you should answer the question "What do I want to receive as a result?" clearly and correctly. Of course, this does not satisfy demands of ordinary traders to the fullest extent. The Market has turned out to be a perfect solution in this aspect, in becoming a core element of the entire ecosystem. Now, ordinary traders can finally access the widest range of trading robots. Experience, skills and solid knowledge are still important factors, but entry barriers have been lowered, and the members have expanded as a result.
Trading and analytics are still an essential foundation, but they comprise only the tip of an iceberg called "modern Forex trading". Additional services expanding the traders' capabilities are becoming more and more important, as they allow users to spend their time and money in a more rational and sensible manner. Are you looking for a robot that will trade successfully for you? Download it from Code Base. Do you know how to trade but still need help of an experienced programmer in order to implement your strategies? Order for the development of an Expert Advisor in the freelance service, obtain it and launch the robot in your platform. Do you urgently need a certain technical indicator for your analytics? Find and buy it from the Market of MQL applications in a couple of clicks. The last option is the simplest and fastest one.
The functionality to trade using robots has been recently implemented throughout the entire infrastructure of the trading platforms. Download a free program in the Code Base, order it from developers in the Freelance service or simply buy it in the Market. Such flexibility helps in so many ways to improve your trading. You simply need to select the one that suits you best.
All elements of MetaTrader ecosystem are deeply intertwined with one another forming the entire family of applications and services. Most importantly, this ecosystem is already backed by user experience and habits. Each of the millions of the trading platforms' users has access to all services that facilitate the work on Forex and make it more sensible.