AtoZForex.com Lagos — Metaquotes metatrader has again launched some new developmental features. One of the new additions is the use of Strategy Tester for backtesting indicators. This was launched as a tool which would help test the accuracy of a certain strategy or Expert Advisors.This is one of many recent updates on the platform aimed at testing indicators on MT4, a function which is already existent on the mt5. The new strategy tester complements the idea of MetaTrader Market store such that clients can now have access to test the accuracy of expert advisors which they want to purchase.
The process is that traders will need to be on the visual testing interphase, after which the performance of the indicator will be graphically shown on the chart. This is done based on a sequences of ticks simulated in the tester. This also works to support the feature of indicator and applications rental which allows for clients to rent indicators for a time period ranging between 1, 3, 6 or 12 months. After which the client can decide on whether or not to purchase or re-rent the indicator. This provides great benefits both for developers and buyers. Sellers can significantly increase user confidence in their products, giving the customer a chance to thoroughly check the product functionality at a low cost. For buyers, the rent is another opportunity to assess a product before buying it. Unlike demo versions, rented products have no limitations except for validity period.
Any developer in the Market may choose whether or not to provide their product
s for rent, as well as a corresponding rent. Recently, they also introduced a new mechanism of "direct" purchasing. Purchasing a trading robot or an indicator from the Market is now even easier, and can be processed without even owning a MQL5.community account.
One-Step Purchase
Along with the new MT4 upgrades users do not need to log in to an MQL5.community account and add money to it. A payment for a product can now be made straight from the platform using one of the available payment systems. To maintain a clear and unified history of purchases from the Market, the required amount will be first transferred to your MQL5.community account, from which a payment for the product will be made.
