ATC2012 rules - question

 

Hello MetaQuotes,

Do you consider changing or totally abandoning a following rule of ATC 2012:

The maximum amount of pending orders for all symbols at any point in time is 12.  (by the way I  have just checked that on MetaQuotes Demo server the same limit is...100!)

The reasoning behind such request is quite simple - when given 12 trading pairs, it is extremely limiting the chances of multi-currency EAs that implement:

- strategies based mostly on pending orders, e.g. break-out strategies, pivot/Fibo level strategies, oscillator-based short-term trading in a horizontal price channel

- sophisticated strategies using "virtual" position management with orders, like presented e.g. in these articles -> https://www.mql5.com/en/articles/217 or https://www.mql5.com/en/articles/88 

- multiple levels of stop loss / take profit using pending orders

just to mention a few of them.

Creating Multi-Expert Advisors on the basis of Trading Models
  • 2011.01.18
  • Василий Соколов
  • www.mql5.com
Using the object-oriented approach in MQL5 greatly simplifies the creation of multi-currency/multi-system /multi-time-frame Expert Advisors. Just imagine, your single EA trades on several dozens of trading strategies, on all of the available instruments, and on all of the possible time frames! In addition, the EA is easily tested in the tester, and for all of the strategies, included in its composition, it has one or several working systems of money management.
 

Thank you for suggestion, it looks reasonable and we decided to take it. We will change Rules of ATC 2012 - increase total number of pending orders.
 
Thanls Rosh  & MetaQuotes! That's a great news to hear. So, I am waiting for the info on the rules update.
 
Already done, see Rules
The Rules of Automated Trading Championship 2012
  • championship.mql5.com
The Rules of Automated Trading Championship 2012
 
Wow, that's great! Thanks once again.
 

How about the order lots?

5 lots limit is just make our coding harder and longer.