Download MetaTrader 5

Why Is MQL5 Market the Best Place for Selling Trading Strategies and Technical Indicators

9 July 2012, 16:45
MetaQuotes Software Corp.
3
16 650

We have created MQL5 Market to help Expert Advisors and indicators developers with selling their products. This service provides Expert Advisors developers with the already formed market consisting of thousands of potential customers!

MQL5 Market the Best Place for Selling Trading Strategies and Technical Indicators


The Issues of Traders and Developers

Let's imagine a trader who has decided to buy a trading robot. As there are no popular websites dedicated to this subject, the trader will use an Internet search engine and find some little-known website containing lots of programs of questionable quality. And most probably it will not contain the application the trader really needs.

Such a situation is equally difficult both for traders who have to sift through a great amount of various websites looking for the desired program, and for application developers. To gain some popularity, the latter ones need to promote their websites for quite a long time.

Besides, both parties are concerned about sales insecurity. A trader transfers funds to PayPal or Webmoney accounts and gets a desired program from a website or via an email. In fact, the trader gets a pig in a poke. However, developers are also unprotected, as a purchaser can publish a program code on the Internet. Therefore, the whole process is complicated enough both for buyers and sellers.

What Issues Does MQL5 Market Solve?

Realizing all mentioned disadvantages, we decided to create the service, which eliminates them.

MQL5 Market is a unified place for selling trading robots and indicators. Traders no longer have to examine dozens of websites looking for trading applications and wasting their time. Developers, in their turn, get confidence that traders will find their application in MQL5 Market. The risks are reduced, while sales go up.

Another important advantage of MQL5 Market is a tight integration with MetaTrader 5 trading platform. An Expert Advisor can be purchased and launched right from the trading terminal. Traders do not even have to look for a website where trading robots are published. Our solution minimizes the distance between a buyer and a seller and accelerates the sales process.

Besides, we have ensured the safety of the whole process for the convenience of both parties. When purchasing a program, buyer's funds are transferred to the developer's account and the buyer can download and activate the application several times. Such an arrangement leaves no place for various violations and fraud.

On the other hand, application developers are also protected, as no third party can get their product. Each application is encrypted depending on the buyer's hardware parameters. In addition to their own PCs, purchasers will be able to activate an Expert Advisor on four more ones. The code cannot be launched anywhere after that. Sellers can set more than five activations if they want. If any dispute arises, our company can act as an arbitrator to resolve it.

The additional advantage is support of several well-known payment systems, including credit cards. This has been achieved by integration of MQL5.com with Gate2Shop e-commerce solution. Your customers can deposit their MQL5.com accounts in any convenient way. After selling an application, you will be able to withdraw the funds to your PayPal or WebMoney account.

By integrating MQL5 Market to the trading platform, we have been able to provide an additional option to the customers. Working with our store, you can download and test a program applying your own conditions. The downloaded Expert Advisor will work only on a definite PC and only in the Strategy Tester allowing to evaluate the application parameters in advance. In other words, this prevents traders from buying a pig in a poke and also stimulates sales.

We have also prepared a bonus for developers - trading applications updates delivery system. After you have fixed an error in your Expert Advisor, you can be sure that traders will get the new version of your application. You do not have to phone or email them asking to update the program. Hundreds and thousands of your customers will be able to update it on their own!

MQL5 Market service allows to avoid most common issues when selling Expert Advisors and indicators. The motto of the service is "Nothing should prevent programmers from developing and customers from buying". With MQL5 Market, both developers and buyers are protected to the maximum extent, as they have all necessary information about each other, and all transactions are performed as quickly as possible.

Note: use of MQL5 Market is absolutely free but our company charges 20% from each sale.

But that is not all. The most important feature of the service is the market itself. Being integrated into MetaTrader 5 trading platform, it automatically gives developers a direct access to the widest possible range of customers. Speaking short, developers, among other things, get access to the already formed market and the shortest path to their customers.

If you want to sell your programs on MQL5 Market, you should know only one thing - how to develop them. We have already solved all other issues!


Become a seller on MQL5 Market and make profit!

Translated from Russian by MetaQuotes Software Corp.
Original article: https://www.mql5.com/ru/articles/401

Last comments | Go to discussion (3)
Gustavo Gomez
Gustavo Gomez | 18 Feb 2013 at 22:29

Hi

 

I have a question i am not a programer but i have been developing 2 EA,  i can sell my robots with your help.

 

My robot were done in MQ4.

 

The strategy in the robots are mine but i had been doing payment  for  your programers to finish my strategy and my robots.

 

Bye 

phi nuts
phi nuts | 19 Feb 2013 at 10:58
gusgona:

Hi

I have a question i am not a programer but i have been developing 2 EA,  i can sell my robots with your help.

My robot were done in MQ4.

The strategy in the robots are mine but i had been doing paymnt  for  your programers to finish my strategy and my robots.

Bye 

MQL5 market are only for MT5/MQL5 programs, not for MT4/MQL4 program.

You may want to translate the MQL4 program to MQL5 program and sell it in MQL5 market. 

Kiran Chandekar
Kiran Chandekar | 21 Dec 2013 at 06:35
phi.nuts:

MQL5 market are only for MT5/MQL5 programs, not for MT4/MQL4 program.

You may want to translate the MQL4 program to MQL5 program and sell it in MQL5 market. 

now MQ4 EAs are also available for selling at mql5.com
Step on New Rails: Custom Indicators in MQL5 Step on New Rails: Custom Indicators in MQL5

I will not list all of the new possibilities and features of the new terminal and language. They are numerous, and some novelties are worth the discussion in a separate article. Also there is no code here, written with object-oriented programming, it is a too serous topic to be simply mentioned in a context as additional advantages for developers. In this article we will consider the indicators, their structure, drawing, types and their programming details, as compared to MQL4. I hope that this article will be useful both for beginners and experienced developers, maybe some of them will find something new.

Here Comes the New MetaTrader 5 and MQL5 Here Comes the New MetaTrader 5 and MQL5

This is just a brief review of MetaTrader 5. I can't describe all the system's new features for such a short time period - the testing started on 2009.09.09. This is a symbolical date, and I am sure it will be a lucky number. A few days have passed since I got the beta version of the MetaTrader 5 terminal and MQL5. I haven't managed to try all its features, but I am already impressed.

Using text files for storing input parameters of Expert Advisors, indicators and scripts Using text files for storing input parameters of Expert Advisors, indicators and scripts

The article describes the application of text files for storing dynamic objects, arrays and other variables used as properties of Expert Advisors, indicators and scripts. The files serve as a convenient addition to the functionality of standard tools offered by MQL languages.

How to create an indicator of non-standard charts for MetaTrader Market How to create an indicator of non-standard charts for MetaTrader Market

Through offline charts, programming in MQL4, and reasonable willingness, you can get a variety of chart types: "Point & Figure", "Renko", "Kagi", "Range bars", equivolume charts, etc. In this article, we will show how this can be achieved without using DLL, and therefore such "two-for-one" indicators can be published and purchased from the Market.