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Old 01-08-2006, 09:23 PM
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Welcome to fxfisherman Marc!

Quote:
Originally Posted by Cocodude
1. MetaTrader 3 allowed you to write scripts that could perform automatic trades on your behalf.
Yes, it's called Expert Advisor. Its file extension is .mql. In addition to mql script, you can write your own automated trading software on top of the mt3 low-level api in case you find mql is so limited.

Quote:
Originally Posted by Cocodude
2. MetaTrader 4 does not have this facility and no way has been found to do this.
Yes, mt4 also has expert advisor. Its file extension is .mq4. But mt4 has no low-level api.

Quote:
Originally Posted by Cocodude
3. Many online brokers are moving over or have moved over to the MT4 platform and MT3 is no longer supported. What providers remain that still allow for MT3 and are they likely to support MT3 in the future?
Most mt3 brokers have moved to mt4 already. Some (like FXDD) will continue running mt3 as long as their clients need it, while some (like InterbankFX) will run it only a few more months. The future is uncertain...

Quote:
Originally Posted by Cocodude
4. Are there any other free tools available that enable you to perform automatic trades based on a number of rules?
I've coded a tool ZeroCode to enable non-programmers to write own MQL expert advisor. It's incompleted though...
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