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MetaTrader 5 now available for trading futures
Started:November 3rd, 2016 (05:50 PM) by xplorer Views / Replies:260 / 7
Last Reply:December 2nd, 2016 (01:05 PM) Attachments:0

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MetaTrader 5 now available for trading futures

Old November 3rd, 2016, 05:50 PM   #1 (permalink)
Market Wizard
London UK
 
Futures Experience: Beginner
Platform: CQG
Favorite Futures: Futures
 
xplorer's Avatar
 
Posts: 1,490 since Sep 2015
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MetaTrader 5 now available for trading futures

Just got an email from AMP that says


Quoting 
MetaTrader5 (MT5) Now Available for Futures Trading at AMP.

MetaTrader is used by Millions of Traders Worldwide & over 6'000 Trading Apps & Trading Robots directly from the MT5 platform.

So I thought I'd post this.

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Old November 7th, 2016, 07:55 AM   #2 (permalink)
Elite Member
Frankfurt Germany
 
Futures Experience: Intermediate
Platform: MetaTrader, MultiCharts
Favorite Futures: Forex, ES, GC, strange synthetic creatures
 
Posts: 13 since Nov 2014
Thanks: 15 given, 9 received

Unfortunately (better: intentionally) MT5 is crippleware crap. Waiting for the day when MT4 is supported by Futures brokers.

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Old November 14th, 2016, 09:45 PM   #3 (permalink)
Elite Member
Tampa FL
 
Futures Experience: Intermediate
Platform: MDCloud/TOS/SC
Broker/Data: Amp/TDA/Optimus
Favorite Futures: ES/NQ/CL/GC/ZB
 
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Posts: 290 since Apr 2016
Thanks: 311 given, 419 received



MT4Survivor View Post
Unfortunately (better: intentionally) MT5 is crippleware crap. Waiting for the day when MT4 is supported by Futures brokers.

Do you mind elaborating on why you feel this way?

I've considered looking in to MT5, but won't waste my time if the platform is no good?

You miss 100% of the shots you don't take. - Wayne Gretsky
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Old November 14th, 2016, 10:51 PM   #4 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
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Posts: 1,817 since Sep 2010
Thanks: 1,738 given, 2,455 received


MT4Survivor View Post
Unfortunately (better: intentionally) MT5 is crippleware crap. Waiting for the day when MT4 is supported by Futures brokers.

MT4 is not going to be integrated with Futures because it was not written for exchange traded products.

MT5 was written as a multi asset product and for Futures trading. It is not designed with reduced functionality, quite the opposite. I tested it prior to our launch, and it seems to be quite good for a point and click trader.
I liked the dragging of the current positions in the chart to establish PT and SL.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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Old December 2nd, 2016, 12:31 PM   #5 (permalink)
Trading Apprentice
Manila
 
Futures Experience: Advanced
Platform: Amibroker,Ninjatr.,Sierra
Broker/Data: IB Broker ,AMP
Favorite Futures: Futures,CL
 
Posts: 15 since Sep 2014
Thanks: 5 given, 2 received

AMP and Metatrader 5

Futures Edge on FIO

Are you a NinjaTrader user?

 
I was really thrilled
With Metatrader 5 futures trading
Until I realized then that it does not work

I was really excited to trade futures with Metatrader 5
Until I realized then that is not working with Robots.
The Lott Information 0.1 will not be accepted
And there is an error message for futures
Even the expert example MACD
Of Metatrader does not work
With futures.
The problem explained to the AMP support
But they told me
This is a problem of a 3rd party add one
And this is not supported.
I must contact the manufacturer
Of the expert
Meta Trader but he runs on all other Metatraders 5
Problem is not solvable.


Best regards

Balut

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Old December 2nd, 2016, 12:45 PM   #6 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 1,817 since Sep 2010
Thanks: 1,738 given, 2,455 received


Balut View Post
I was really thrilled
With Metatrader 5 futures trading
Until I realized then that it does not work

I was really excited to trade futures with Metatrader 5
Until I realized then that is not working with Robots.
The Lott Information 0.1 will not be accepted
And there is an error message for futures
Even the expert example MACD
Of Metatrader does not work
With futures.
The problem explained to the AMP support
But they told me
This is a problem of a 3rd party add one
And this is not supported.
I must contact the manufacturer
Of the expert
Meta Trader but he runs on all other Metatraders 5
Problem is not solvable.


Best regards

Balut

MetaTrader 5 is working with futures. MT5 has its own code for MQL, and you can not bring an EA from MT4 to MT5 without code change. Lastly, exchange traded product can not just convert to .1 lots at your request. These are standardized futures contracts on the exchange level.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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Old December 2nd, 2016, 12:52 PM   #7 (permalink)
Trading Apprentice
Manila
 
Futures Experience: Advanced
Platform: Amibroker,Ninjatr.,Sierra
Broker/Data: IB Broker ,AMP
Favorite Futures: Futures,CL
 
Posts: 15 since Sep 2014
Thanks: 5 given, 2 received

Once again
to understand
I have loaded Meta Trader 5 from AMP
And have the example experts MACD
Which is included in metatrader 5
Tested in 15 minutes candles
With the Future CLEF7
And it does not work
The error message comes: Lots must be in the range from 0.000000 to 0.000000

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Old December 2nd, 2016, 01:05 PM   #8 (permalink)
Elite Member
Boca Raton
 
Futures Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
 
mattz's Avatar
 
Posts: 1,817 since Sep 2010
Thanks: 1,738 given, 2,455 received


Balut View Post
Once again
to understand
I have loaded Meta Trader 5 from AMP
And have the example experts MACD
Which is included in metatrader 5
Tested in 15 minutes candles
With the Future CLEF7
And it does not work
The error message comes: Lots must be in the range from 0.000000 to 0.000000

Maybe it is programmed for CFDs, and you need to ask the develoepr if it's built for exchange traded products. I am not sure what is "example experts MACD", sorry I can't help further with EAs.

Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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