MetaQuotes Improves Strategy Tester, Optimizes MetaTrader Market

After already launching some new features to its MetaTrader Market store, MetaQuotes aims at providing further usability features to its clients, allowing them to asses performance of the products offered by developers to the platform's clients.

Last year the company announced the renting of indicators and applications for different periods. Clients have been granted the opportunity to try a product for 1, 3, 6 or 12 months.

In a new effort, MetaQuotes also aims at facilitating the purchases of clients of the MetaTrader platforms. The requirement for first transferring funds to the user’s MQL5.community account has been scrapped and clients have the option to purchase new products directly.

The payment is deducted from the user’s preferred payment method - a credit/debit card, PayPal, WebMoney or Neteller. For optimal tracking of the purchases of the user, a record is still maintained in the trader’s MQL.5 community Profile.

Uses of the feature called Strategy Tester, which was launched as an assessment tool of Expert Advisors, have now been revamped to become useful for backtesting indicators. Traders will need to switch to a visual testing mode first, after which the performance of the indicator is graphically shown on a chart, which is plotted based on a sequences of ticks simulated in the tester.

This further encourages trading on the MetaTrader Market as users will be able to download a trial version or rent an indicator and test its usability.

The final changes in the new build address Wine compatibility under Linux and Mac OS. Users will be able to make use of the allocated virtual server product as usual. This includes migration, performance and logs monitoring.