Platform alternatives to Metatrader

Hi Folks,


Would you like give INFO & REVIEW for Alternative MetaTrader platform & which the BROKERS whether the Schedule use it or already available, please ?

And Directory of Forex Platform in HERE


Thank's in Advance...


Best Regards,
Tsar



NOTICE :
Please, don't hesitate to provide an option in the POLL Results
Because it will a great impact to the Brokers determine their choices with a trace opinion & feedback from us
These will make our future TRADE which began with Now... by our own !!!

Buddy

The Schedule refuse to tell me what they are using.

The Company ....well i will see if they give me an appointment to discuss the matter with them.
Anyway i will get back to you as soon as i have more information.

Cobra

Hi Cobra,

Thank's for your Attention

We All need the Information & Review Alternative MetaTrader platform from Trader and Broker

I love cTrader. I have tried Jforex and took a glance at Ninja Trader. If one platform was to replace MT4, I would chose cTrader

Hi Capelli,

Thank's so much for your feedback

In addition cTrader... another platform is ProTrader can replace MT4

I have heard of this one too. Isnt that the platform that FxPro offers ??

I didn't got Info about FxPro offers
And I've test cTrader long time ago, btw not replace MT4. I will test it again later...

I've tried ProTrader in a few days. Familiar with MT4 with additional functions for easier

Try it... Download DEMO in ProTrader

it sure looks nice

It's interested

Here the Large Screen Shoot...



NOTE :
Used MT4 build 509 indicator's, got TROUBLE when Compile with MT4 build 604

A few Hours ago, I've installed cTrader from Download DEMO in Spotware

Can't Replace MQ4 file ( like ProTrader platform ) for use it. Need Translate to .algo file first
And I found .algo files Collection in cTDN Site's... btw Very Limited !


NOTE :
Picture in Below use TrendMagic indicator from HERE

Here there are cAlgo Screen Shoot

Today... got ProTrader 3 Updates with Confim like this

And... ProTrader 3 Updates - Setup Wizard like this

You need to add Multicharts to the poll in place of Lmax exchange which isn't a platform any way.

Multicharts is compatible with:

LMAX -main platform they support besides the free web based platform.
FXCM
MB Trading
Dukascopy
Interactive Brokers

+ lots of futures brokers.

I think there must be an open source standard platform , which all brokers of all scripts/markets must follow , this lust for money will struck every propriety platform.
what is the guarantee that ctrader or jforex will not do the same as meta quotes did.

Unfortunately i cant find any good platform which we can invest in long term.

Hi all,

I have tried some of these platforms and so would like to give my opinion.

Ninja Trader-
Positive-uses c# which will allow you to do almost anything without a dll, allows use of visual studio, multi-threaded(this is available in mt5), allows importing of other symbols even in the tester,excellent support from both other users as well as ninja trader staff.

Negatives-Has locked up on me many times, high learning curve, no ticks (even simulated)in tester, not made for forex,no simulated account in the tester although you can code this,lack of forex broker support, must pay to trade with it.

All in all a good platform but not as simple to use as mt4 and like I said it works with forex but really it was made for stocks and futures so it sometimes feels like you are fitting a square peg into a round hold but it does work. Also the lack of forex broker support is an issue. One thing for any coders looking at starting with ninja trader is that the bar time is close time and not open time. The 30m 8:30 bar is from 8:00 to 8:30 and not from 8:30 to 9:00 like in mt4 and ctrader. The locking up issues seemed mostly isolated to testing and optimization and not manual trading.

Ctrader-
Positives-Also uses c# with same benefits, allows use of visual studio for debugging only, smooth interface.
Negatives-very new

Really the only negative is it's relatively new. This means that it doesn't have a lot of brokers, not many indicators, and some features missing.

Note that both of these have an issue of broker support. To be honest this is a good thing. Metatrader was made for MM brokers so they can steal from you. That doesn't mean that will but they can. Ninja trader was made for traders and traders are their customers. Ctrader sells to brokers but their ststed intention is for real markets to be traded and not from your broker. These issues severely limit your options because most brokers are MM which means that they are not going to use these platforms. However if you do find a broker that is using these platforms then you will most likely have some honesty.

The reality is that at the end of the day forex traders really aren't using these platforms in mass. MT4 has such a high usage that it sort of breeds itself much like the Windows OS. As an example, I myself have tried Ubuntu many times successfully and I find myself back using windows due to the support of my applications like mt4, nt, and ctrader. MT4 is not the best but because their are so many scripts, eas, indicators, and people using it that can help others, it makes it really the only choice. I have coded in all 3 and I keep coming back to mt4 because that's where your options are more open due to the usage. If you don't use indicators or you only use very general indicators that are available in all platforms then I think either of these would be great but if you incorporate lots of custom indicators in your trading or eas then I honestly think that you are stuck unless you are willing to recode all of those indicators.

Hi bfis108137,

Thank's so much for the Info and your review

I really Greatly appreciated

I already made my decision - I am going over to Ninjatrader for my prime systems. I will leave some of my mechanical scalping systems on MT4 but only in small accounts. I have used Ninjatrader in the past and never had any issues for some futures trading. I like Ninjatrader layout and floating charts and I love the DOM! I never had any major issues learning how to use the platform and they have free platform online classes every week for simple to advanced platform training.

NT brokers list - http://www.ninjatrader.com/Ecosystem/Broker.php


I can use FXCM and MB Trading for my primary systems and that will work for me. We will probably see at least 5 to 10 new Forex brokers on Ninjatrader this year now that MT4 is causing issues for many traders with Build 600 series.

Just thought I'd throw my 2 cents.

I anticipated MT4 problems some time ago so had my EA coded in C+ for CAlgo, and it works fine. The problem with CTrader and CAlgo is high RAM usage and slow updates from the designers. They still have many bugs to fix and many tools yet to add. I don't think the designers are traders themselves, and must only do it part time.

Back testing is ok but not as extensive as MT4 and it doesn't have optimisation yet.

One great benefit it has over MT4 is there is no bridge, so orders are fast with no broker interference.

If you want to quickly convert a MQ4 indi over to C+ just use 2calgo.com. I am not sure it produces the cleanest end results but it does work, EA to Robot doesn't work yet, not sure I would trust it either as your code could end up anywhere.

I will persist with it for a bit longer as my brokers have it as an alternative, and I hear Ninja is a bit of a learning curve.

Hi cogs,

Thank's so much for the Info and your explaint

You're Right. I prefer ProTrader take less memory of RAM and have much more interface functions.
Especially for Technical Analyzer like me. This Platform is really NEW. So... only a few Brokers who's use it

By the Way... MQ4 to CAlgo Converter in 2calgo Site's. It's really Helpfully