Automated Trading Championship 2006 Has Begun

The 1st October has arrived. The long-expected Automated Trading Championship 2006 has began, 258 Participants are engaged in it. Their Expert Advisors will compete for 3 months in order to show who is the best developer of automated trading systems and who will win US$80 000.

"Both the Participants and ourselves have worked hard during these last two months. From now on nothing will depend on us or on the expert developers, everything will be done automatically. We will now watch the development of the Championship," said Renat Fatkhullin, CEO of the MetaQuotes Software Corp.

Since the start of the Championship the website as significantly changed. All news of the Championship is immediately published there. The first page of the website always contains the top 10 developers and their positions on charts. Details of other Participants can be found in the corresponding section.

You can find detailed information about each trading account and analyze the work of each expert advisor directly on the website. The latest data about trade positions and transactions, the latest records from the Client Terminal journal and expert advisors’ logs are always available. Investor’s passwords are also published, by using them you can watch from the MetaTrader 4 Client Terminal how every expert works. Personal details of Participants (taken from the “Public” tab of the Participant’s Profile) are also published.

"We will keep all Participants and visitors of the website informed about the latest developments. We will publish weekly reports about the Championship and consider various trading situations in detail. This information will be really valuable as it will unfold many details of how expert advisors work under real conditions, not in the Strategy Tester", Renat Fatkhullin pursues.

MetaQuotes Software Corp. deeply appreciates the Championship Sponsors: Spacevision Switzerland SA, FXDD and Interbank FX.

Created: 2006.10.01  Author: MetaQuotes
Registration: Final Report

Registration for participation in the Automated Trading Championship 2006 has been fully completed. 258 developers will participate in it.

Report: The Championship Started

The Automated Trading Championship 2006 started two days ago. 258 Expert Advisors are now competing for prizes. Unfortunately, not everything went like clockwork.

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How do we make sure our expert is loaded? I did not see it initialize in my journal.

Thanks,
cod0973
35
2006.10.02 19:13
aitrade2006 wrote:
Are the results so far posted in real time?

Yes, all results in real time. Maximum delays for journals ~3-5 seconds, but for charts - 5 minutes.
2006.10.02 17:09
Zonker wrote:

But I think your margin requirements are incorrect? I'm trading on eurusd, but for margin requirement I'm being charged in Euros??
ie 500lots = 6342.5 margin, this should be 5000 margin. profit/loss is in usd not eur.

Margin is correct, 5 lots EURUSD = 5000 EUR = 6342 USD

Look at: http://championship.mql4.com/2006/rules/specifications

2006.10.02 15:45

Very impressive site!

But I think your margin requirements are incorrect? I'm trading on eurusd, but for margin requirement I'm being charged in Euros??
ie 500lots = 6342.5 margin, this should be 5000 margin. profit/loss is in usd not eur.

..I see gbpusd has same problem, but they are being charged margin in gbp's, ouch.

126
2006.10.02 03:40
Good Luck Everyone!
172
2006.10.01 22:55
Great job,

Thanks.
249
2006.10.01 22:32
I'am from Indonesia, i have been used MetaTrader for almost a year, but unfortunately i dont understand programming language, my english not good either. So i cannot participate on this competition. I hope if this competition will be held again, and I can participate on it because i want to learn about this programming language first. i think this problem happened to other indonesian. But, i like to use MetaTrader program 4 'coz, it's friendly to use, I usually use Fibonacci retracement, trend line and RSI before take postions manually, i have to learn first how to take position base on it then can trade automatically, how nice if i can do it. .. I hope indonesian will be the winner... Good luck my friends....
2006.10.01 17:23