Auto Forex Trade with Meta Trader 4

Auto Trade Forex with MetaTrader 4

BarCamp Pune 4Hussain Fakhruddin

hussulinux@gmail.com

What's Forex and MetaTrader• Forex - Like stock

exchange but buy and sell currency instead of stocks

• Meta Trader: A platform to trade Forex

Meta Trader

MetaTrader 4 is an online trading platform designed for financial institutions dealing with Forex, CFD(Contract for difference), and Futures markets.

The platform includes all necessary components for brokerage services via Internet including the back office and dealing desk.

Currently, over 100 brokerage companies and banks worldwide have chosen our solution to meet their high standards of business performance.

MT4: Platform

Some MT4 Features

• Execution technologies: Instant Execution, Request Execution, Market Execution

• Realtime data export via DDE protocol;• Live Charts and Graphs• Indicators

So What's SO special about it• We can automate our trading strategy.• A built in programming language called

MQL• Can Add extensions to MT4• Open, Close, modify trades without human

intervention• Nearly 99%STP: Straight Through Process

We'll add the rest 1%

Quick Demo

Introducing Traderopolis

• Aiming 100% Straight Through Process

• Allows user to trade with minimal expertize on Forex

• Something which we're building

Some termsActive Trader: A good trader who knows the market well. One who makes profit

Passive Trader: A normal user who knows nothing about Forex

System: A trade channel which Passive will subscribe to

Workflow Engine• Active creates a System(or channel)• His trade logic or strategy gets stored in

the System

• Passive subscribes to the System.• Passive does live trading based on

Active's strategy

• All this in REAL TIME with 100% STP

Prototype Demo

Advantages• Anyone -one without forex knowledge can

also trade by subscribing to a system(channel) which makes profit

• WIN-WIN situation for both Active and Passive as both make money!

• Active trader may clone his own Trade

Limitations• Active and Passive should be under same

broker.

• Markets will fluctuate too much

• Government Laws on Auto trade. Some governments don't allow it.

Questions

Thanks!

Don't forget to visit:

www.BUSINESSBUZZ.in

My Special Thanks toJohan Tagor