Metatrader?

[jimbotrader]

How difficult is to program in Metatrader a simple system? I heard it is difficult and people suggested I open an account with Tradestation instead. For example, how difficult is to program something like:

condition = false
condition: close of this bar > high of previous bar
If condition then buy at the open of next bar
limit order at entry price + 10 pips OCO stoploss order at entry price - 10 pips

 

[shadowninja]

Pretty easy. It's no more difficult than VB or Javascript.

Download a free copy from Alpari.co.uk.

 

[bennie83]

How difficult is to program in Metatrader a simple system? I heard it is difficult and people suggested I open an account with Tradestation instead. For example, how difficult is to program something like:

condition = false
condition: close of this bar > high of previous bar
If condition then buy at the open of next bar
limit order at entry price + 10 pips OCO stoploss order at entry price - 10 pips

personally I find Metatrader well overated and very complicated. The whole layout is absolutely horrid. But u may disagree

 

[shadowninja]

Really? Seems pretty simple to me. And I'm simple.

 

[jimbotrader]

I think I will go with Tradestation. Their support people are willing to help and they responded immediately. Metatrader support is nowhere to be found. I keep hearing from many people that it is easy to program my little example but nobody has shown to me how. Maybe Metatrader targets commercial users that look for customization.

 

[bennie83]

I've used a couple of back testers and platforms and I just found Metatrader clunky. Maybe its good for some, but I just can't get to grips with it and I'm usually pretty good with stuff like this. I even found opening and closing positions an absolute joke, it was as if it was hidden away on the platform. Nope, from what I've seen Tradestation looks a better bet. I also prefer Ninja Trader. Hope that helps.

 

[shadowninja]

Um. F9 to open, click on the trade to close. Setting stops quickly is a PITA, though.