Automated Forex Trading System Advantages
Strategy Trader is surely an exciting automated forex trading platform offering from FXCM. With Strategy Trader you
can code strategies, perform advanced back-tests, run detailed optimization analyses and execute trades-all
within the platform. With this video, we'll be comparing Strategy Trader to MT4, showing you why Strategy Trader
will be the next evolution in automated forex trading.
Ea users can increase the performance of their EAs whenever they automate their trades with Strategy
Trader. When you convert your Mt4 EAs to Strategy Trader EAs, you'll obtain the next
improvements: faster more reliable trade execution; the elimination of off quote and out trade error messages;
substantially more price data to trade on; and far more reliable backtesting functionality. Let's take a glance
at how Strategy Trader is bringing these benefits to MT4 users as if you.
FXCM's Strategy Trader platform principal purpose is to take full good thing about FXCM's No Dealing Desk execution model.
Unlike MT4, which communicates with FXCM by having an Alternative party software bridge, Strategy Trader communicates
directly with FXCM. This efficient setup provides many trading benefits, most importantly, it offers a superior
traders with faster and much more reliable trade execution.
MT4 runs on the software bridge adds another step plus much more time to the trade execution process. This means there
is a lot more latency at the time you click to put a trade on the time the trade is executed. Also, by having
Alternative party software towards the execution process, errors like Out Trades and Off-Quotes can and do occur. These
kinds of errors degrade your execution which is precisely why FXCM created Strategy Trader. With Strategy
Trader, your orders are received and executed faster and Off-Quotes, Out Trade and Auto Account Syncs certainly are a
thing of the past.
Another reason why Strategy Trader outshines MT4 is because you'll be able to trade off of tick data. The MT4 platform
only updates price data second-by-second. However, very often multiple costs are received each second. By
only updating prices when a second, the MT4 platform may cause you to definitely miss valuable trading opportunities. The
Strategy Trader platform updates prices tick-by-tick, giving you many more trading opportunities than
MT4. If you can find ten ticks in a single second you will find the possibility to downside all of those 10 prices.
Many of the valuable to traders who use scalping or high frequency trading EAs.
The MT4 platform includes some elementary back-testing capabilities but it certainly doesn't satisfy the standards
set by FXCM's Strategy Trader platform. Two of the most prominent advantages that Strategy Trader has over MT4 in
the bradenton area include the amount of available bars for back-testing and also the robustness of the data. Strategy Trader
currently offers over 500,000 bars of 1-minute data, that is almost a full year of 1 minute data. This
comes even close to MT4's meager 16,000 bar total, or roughly 11 days of 1 minute data. Also, Strategy Trader allows
you to definitely back-test with both bid and get pricing. This enables you to aspect in the spread, which can be vitally
necessary for many trading strategies. Not factoring inside spread in support of with the past 11 days of
trading data can provide an incredibly unrealistic picture of past performance, that makes back-testing
almost useless.
MT4 has been the woking platform of chose for a lot of automated traders. But FXCM's Strategy Trader platform,
robot users is now able to access faster, more reliable trade execution; more price data to complete off of,
and access to better price history make back-testing and optimization worthwhile.
FXCM wish to extend a proposal to everyone Mt4 EA users. In case you have a specialist advisor that you'd
want to use on Strategy Trader, please complete the next form bought at the foot of the strategies Trader
EAs tab with this page. We'll reach out to your EA provider to assist them to convert your EA to Strategy Trader,
letting you keep while using the EAs you've got while accessing the great benefits that Strategy Trader
provides.
Join something Trader demo account now to realise why Strategy Trader is the following evolution in
automated forex trading systems.
Trading forex trading on margin features a high level of risk, and might not be well suited for all investors.
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