Tag Archives: MQ5

How does Tradetstation and Metatrader compete with these sub par proprietary languages like Easy Language or MQ4 or MQ5?

How does Tradetstation and Metatrader compete with these sub par proprietary languages like Easy Language or MQ4 or MQ5?

So I have been tasked for a Tradestation assignment or project. I am now building a basic model in Tradestation. I am in disbelief that trading platforms still have their own proprietary language like Tradestation’s Easy Language or Metatrader MQ4. As it stands, when you get a trading platform like Ninja Trader that support C#, it makes me wonder how the competition will keep up. Tradestation do not even offer any API where I am forced to learn this new environment and programming language. Serious. It is 2011. I have so many choices for a decent trading platform in languages I know. Also, there are open source ones like Tradelink or Marketcetera. What do I know right?
The best part part, I have to still pay for access to Tradestation’s development environment. How much was that Eclipse for Java or Visual Studio Express from Microsoft cost? Oh yeah. Zippo dollars.

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