Half a year has passed since the Automated Trading Championship 2010. During this time, many EA developers certainly had time to reflect on the contest results and now prepare new trading strategies based on this valuable experience. Soon we will witness a new exciting battle of trading robots for $80,000. Once again, different strategies underlying Expert Advisors will come together in a fierce battle. And once again the attention of the traders community will be directed to the dramatic change of leaders, the sudden rises of recent outsiders and unexpected falls of acknowledged masters. This yearâs Championship will be even more interesting and exciting than ever before. And there are several reasons for that. First, MQL-developers have had enough time to study the new features of the MQL5 language and are ready to enter the new Championship fully armed. Second, the expanded functionality of the MetaTrader 5 client terminal and the release of the new MQL5 Wizard should significantly increase the number of participants, because now the development of Expert Advisors is available to anyone, and not only to experienced MQL-programmers. âOver 300 Expert Advisors participated in the previous Championship, -says Stanislav Starikov, the Championship Jury member. â This year the number will increase substantially â we expect to receive several thousands of applications for participation. The reason for this surge lies in the recently released MQL5 Wizard, using which any trader without programming skills can easily create a trading robot. Although, this would not guarantee a victory in the Championship, of courseâ. Trading robots written in MQL5 are allowed to enter the competition. From June 1 till September 23 anyone can register as a Participant and compete for the prize of $80,000. The Championship will start on the 3rd of October and will end on the 23rd of December. Participation is free. Create Expert Advisors, register and get ready to compete with the seasoned fighters of previous Championships. This is going to be a hot battle! The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD.
How to Participate in the Automated Trading Championship 2011 Only a week has passed since the beginning of the registration, and already more than 250 people have expressed their desire to compete for the ATC prizes. More than a hundred of them have submitted their information and have been accepted after their data were checked by a moderator. But based on the experience of the previous Automated Trading Championships, we known that a significant portion of those willing to participate in the competition couldn't complete the registration stage. We will try to describe all the aspects of how to register and fill out personal data to help everyone easily join the new race. What you need to do in order to participate in the Automated Trading Championship 2011: * Register and confirm your participation * Provide the necessary confidential information about yourself to the organizers * Download all the files required for the operation of your Expert Advisor Registration The Championship website at championship.mql5.com is tightly integrated into MQL5.community. Therefore, there are two ways to submit an application for participation: * If you do not have an account at mql5.com. Complete the standard registration procedure on the site of the Automated Trading Championship 2011. Activate your account by clicking on the link from the email you receive after the registration. In this case, your participation in the Championship will be automatically confirmed. * If you have already registered at the MQL5.community. In this case, you simply need to log on mql5.com, go to the Championship website and confirm your participation by clicking the appropriate button. OpenID MQL5.community now supports a new convenient way of authentication, which was earlier announced in our forum. If you do not have an mql5.com account, and want to take part in the Championship (as well as become a member of the MQL5.community) we recommend that you use the convenience of this new technology. The registration procedure using OpenID is pretty simple: * Select one of the OpenID providers and enter the details of your account. * Create a login name under which you will be presented at the Automated Trading Championship 2011 and in the MQL5.community. Benefits of OpenID: * No need to create a complex password during registration * No need to confirm your email address, as during a usual registration procedure * No need to enter your login and password to login on MQL5.com and championship.mql5.com - just click on the icon of your OpenID provider. You can read the full text of the article on the Championship site - How to Participate in the Automated Trading Championship 2011. The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD. [/B]
Automated Trading Championship 2011 - Interview with Victor Kirillin: Benefit from the MQL5 Wizard Victor Kirillin has been working for MetaQuotes Software Corp. for over two years and is directly related to the MQL5 Wizard. The MQL5 Wizard is built into the MetaEditor 5 (the MQL5 development environment) and is designed to assists programmers in routine operations when creating programs for the MetaTrader 5 terminal: indicators, scripts and Expert Advisors. But the main feature of the new MQL5 Wizard is the ability to create a ready-to-work trading robot without writing a single line of code! This is what we are going to talk about with Victor. You can read the full text of the article on the Championship site - Interview with Victor Kirillin: Benefit from the MQL5 Wizard The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD.
How to Prepare an Expert Advisor for the Automated Trading Championship 2011 Hundreds of participants from all over the world will fight for the main prize of the Automated Trading Championship 2011. For three months, participating Expert Advisors will conduct trade operations trying to achieve the best results. The criterion for assessing their trade performance is the profit obtained by a trading robot during the Championship. All the Expert Advisors participating in the competition must comply with the Championship Rules. With four months until the start of the Championship, Expert Advisor developers have enough time to prepare a trading strategy and optimize the parameters of a trading system. But to enter the competition, you need to take into account a lot of various nuances. Here we consider the basic questions that all applicants should pay attention to. You can read the full text of the article on the Championship site - How to Prepare an Expert Advisor for the Automated Trading Championship 2011. The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD.
The First Month of Registration A month has passed since we opened Registration for the Automated Trading Championship 2011. During this first month, we have received more than 700 applications, and about 300 participants have already <a href="http://championship.mql5.com/2011/en/news/71#personaldata?source=et_01_07_2011" target="_blank">specified their personal data</a>. These are almost twice the <a href="http://championship.mql5.com/2010/en/news/5?source=et_01_07_2011" target="_blank">corresponding characteristics of the ATC 2010</a>. Obviously the trend of previous championships repeats: in the first ATC 2006 on MQL4 there were more than <a href="http://championship.mql4.com/2006/news/14?source=et_01_07_2011" target="_blank">300 registrations during the first month</a>, and almost <a href="http://championship.mql4.com/2007/news/194?source=et_01_07_2011" target="_blank">650 registrations during the first month</a> of the second Championship with the MQL4 strategies. Undoubtedly, traders have been showing great interest in MQL5 over the past year. The MetaTrader 5 Client Terminal <a href="http://www.mql5.com/en/forum/53?source=et_01_07_2011" target="_blank">is constantly improving</a>, and this year EA authors have access to absolutely new features: generating Expert Advisors in the new MQL5 Wizard, handy coding with snippets, new Strategy Tester modes, distributed computing via the MQL5 Cloud Network and other numerous improvements of MetaTrader 5 platform. Stanislav Starikov, the Championship <a href="http://championship.mql5.com/2011/en/jury?source=et_01_07_2011" target="_blank">Jury</a> member, expects at least 2000 applications for participation in the Automated Trading Championship 2011, and with new features of the MQL5 Wizard and Strategy Tester - no less than 1000 participating Expert Advisors. "We have a lot of work to do, and as always we hope to see better, more resilient and efficient trading robots in the new competition", Stanislav said. <p style="text-align: center;"><img src="http://c.mql5.com/27/0/month_ago.png" title="Month from Registration Start" alt="Month from Registration Start" style="vertical-align: middle;" height="353" width="414"></p> You can read the full text of the article on the Championship site - <a href="http://championship.mql5.com/2011/en/news/77?source=et_01_07_2011" target="_blank">The First Month of Registration</a>. The Automated Trading Championship 2011 is sponsored by <a href="http://championship.mql5.com/2011/en/sponsors/mig?source=et_01_07_2011" target="_blank">MIG Bank</a>, <a href="http://championship.mql5.com/2011/en/sponsors/gomarkets?source=et_01_07_2011" target="_blank">Go Markets Pty Ltd</a> and <a href="http://championship.mql5.com/2011/en/sponsors/vantage-fx?source=et_01_07_2011" target="_blank">Vantage FX</a>. The media sponsor is <a href="http://championship.mql5.com/2011/en/sponsors/forex-tsd?source=et_01_07_2011" target="_blank">Forex-TSD</a>.
Optimization of trading strategies is an important factor for creating of successful trading systems. In the article "The Best Strategies of the 2006-2010 Automated Trading Championships" we reviewed statistical characteristics of top 20 trading systems of past Championships. This time we use Kohonen maps to analyze the whole picture based on the statistical characteristics of participants of the Automated Trading Championship 2010. The advantage of Kohonen self-organizing maps is their ability to "project" multidimensional data onto a plane. With the learning algorithm of Kohonen, network multidimensional vectors with similar directions appear close to each other and form clusters. Data were analyzed using the Deductor Academic package developed by BaseGroup Labs. Statistical Characteristics of Trading Systems Trade reports of Automated Trading Championship participants contain various statistical characteristics of trading systems. We have chosen some of them for our analysis: <ol><li>Total Net Profit - the difference between the total profit and total loss;</li><li>Profit Factor - shows the profit generated by profitable trades divided by the losses generated by losing trades;</li><li>Relative drawdown - shows the maximal drawdown percentage, allowing to estimate possible losses as a percentage of the initial deposit;</li><li>Trades - the number of trades;</li><li>Profit Trades (%) - percentage of profitable trades;</li><li>Average Profit Trade - amount of the average profit;</li><li>Average Loss Trade - amount of the average loss;</li><li>GHPR (%) - geometric mean of a relative gain per trade;</li><li>AHPR (%) - arithmetic mean of a relative gain per trade;</li><li>Sharpe ratio;</li><li>ZScore - a serial test of correlation between deals;</li><li>ZScore (%) - the probability of correlation between deals;</li><li>LR Correlation;</li><li>LR Standard Error - standard error of balance deviation from the linear regression;</li><li>MFE-Profit Correlation - correlation between trade results and Maximum Favorable Excursion (profit in the favorable direction of price movement, use of Take Profit);</li><li>MAE-Profit Correlation - correlation between trade results and Maximum Adverse Excursion (loss in the unfavorable direction of price movement, use of Stop Loss);</li><li>MFE-MAE Correlation;</li><li>Recovery Factor.</li></ol> You can read the full text of the article on the Championship site - Analyzing Trading Results of the ATC 2010 Participants. The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD.
The pace of registration for the Automated Trading Championship 2011 is much more intensive compared to the previous year. Over 1250 people have already applied to participate. This figure is very close to that of 2008, when, at the peak of the annual tournaments of Expert Advisors in MQL4, there were about 1,500 applications. We remind you that the last day of registration is September 23. Until this date, you need to fill your personal data, submit your trading robot and pass automatic testing. All those wishing to take part in the competition must go through two steps - register and send an Expert Advisor. You can read the full text of the article on the Championship site - Another Month of Registration for the Automated Trading Championship 2011. The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD.
At the moment 1380 people have applied to participate in the Automated Trading Championship 2011 and each of them must submit his/her own unique trading system realized in an Expert Advisor on MQL5. Championship rules impose limitations and requirements for submitted files to ensure that all the participants are in equal conditions. Non-compliance with the conditions will not let a participant take part in the Automated Trading Championship. Automatic tests are designed to detect the following bugs at the preliminary stage: <ul><li>trading errors - non-processing of the results of executed trading requests; </li><li>loss-making strategy - knowingly loss-making strategies will not be accepted for the Championship; </li><li>processor resources excessive consumption - faulty code creates excessive load not only on the "guilty" Expert Advisor terminal but also interferes with the work of the rest of the Expert Advisors launched on the same computer; </li><li>generation of a huge amount of entries in the Experts log - all messages of an Expert Advisor are not only displayed in the appropriate terminal log but are also transferred to a participant Profile at the Championship website.</li></ul> Automatic tests are launched several times a day. All Expert Advisors that were added or modified since the last launch undergo this procedure. So, if you have changed your files in a participant's Profile, you do not need to write to Championship moderators asking to check them once more. Just wait for the next test of your Expert Advisor. A new message containing a brief summary is added to a participant's Profile after each passing of the automatic test. Full html-report is attached to the "Files" section. You can read the full text of the article on the Championship site - Automatic Tests of Expert Advisors Have Started. The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD.
Registration for the Automated Trading Championship 2011 has entered its final stage - automatic tests of submitted Expert Advisors have started. However, most of Expert Advisors have not passed automatic testing yet. Moreover, there are participants, whose personal details are incomplete or filled in incorrectly. Therefore, once again we would like you to pay attention to the following important points. Filling Personal Data <ul><li>Your profile has the "Issue/expiration date" field in the ID document related section. Usually ID documents have an issue date. However, in some countries they may have only an expiration date instead. If the issue date is specified in your document, please enter this date in the above field; otherwise please enter the expiration date. </li><li>ZIP Code is a required field, and registration will not be confirmed unless this box is filled. ZIP code is the postal code of your area, and not a telephone code - please be careful when filling in this box. </li><li>Any questions arising in the process of verifying participant's details, are published in the profile of this user. However, some of participants ignore these questions. Please note that such ignorance is a ground for your registration refusal.</li></ul> You can read the full text of the article on the Championship site - One Month before the Registration Deadline. The Automated Trading Championship 2011 is sponsored by MIG Bank, Go Markets Pty Ltd and Vantage FX. The media sponsor is Forex-TSD.