Hi,
I’m wondering which of these platforms is the best for automated trades and trading systems.
The pro with Metatrader I think, is the fact that it is very complex and probabli very versatile. That’s the same reason why I’m thinking of choosing Tradestation instead, I don’t know if I’ll bother learning the MQL, TradeStation’s Easylanguage looks much easier. (lol)
So my question is basically this, does the simplicity of EasyLanguage facilitate the possibility of writing complex trading system?
Yes, you can create very complex trading and signal systems with Tradestation. There are user forums full of examples and many customizable templates that you can begin with. They also offer brokerage services. I believe they clear forex trades through Gain Capital. If you do not have an account, they charge you a couple hundred a month for the software.
IMO, MT is probably sufficient if you’re just starting out.
You can make trading as confusing as you wish! :rolleyes:
Hehe, thanks for the reply.
So, MT is the cheaper option, while both are equally advanced?
No, they are not equal. IMO, tradestation surpasses MT. Cost is a factor as well as your particular programming needs. Try a demo from each (don’t think it will cost you) and decide what style you like.
Hey all, I’ve just graduated my last babypips college class and have signed up. Quick question, when you talk about tradestation, is this the same package as FX Trading Station? If so there must be multiple versions as the demo I have from XE.com uses this application, and its a POS 
It has charts and some indicators, but nothing else, no programming interface or anything. I’m very interested in the development aspect.
As for now, if anyone wants to know any good trades coming up, ask me, and then do the opposite. I have an amazing talent for picking the wrong direction on any trade at the moment, so go against me and i’m sure you will be rich
Anyway, off to do more swotting up on the forums and hopefully get a clue about what I’m doing!
We must be trading the exact same way, because I swear if someone traded the exact opposite of me, they would literally makes tens of thousands of dollars. I even tried trading against myself. I would figure out what I thought the trade would do and then seriously, I would take the other side. But it must know when I actually click the “trade” button, because it is the opposite of what I should have done! Auuugghhh…