Winchester, CT (PRWEB) May 23, 2013
After months of development and testing by owner and lead programmer David M. Williams, iExpertAdvisor, LLC (http://www.iexpertadvisor.com) has released a new plug-in that allows non-programmers to build a custom trading grid.
A FOREX trading grid places multiple orders as the price of a currency moves throughout a trading range. Historically, trading grids have worked exceptionally well in range-bound markets.
The new plug-in, FX PowerGrid, works seamlessly with iExpertAdvisor's flagship product Visual Traders Studio (VTS).
VTS is a Microsoft Windows™ application that allows non-programmers to build complex MetaTrader (TM) Expert Advisors using a intuitive drag and drop user interface.
An Expert Advisor is an automated trading program that executes on the popular MetaTrader FOREX platform. Expert Advisors are built using the MQL programming language.
There is a very large population of FOREX traders that have neither the skill nor the desire to learn a programming language such as MQL. "Trading and programming are two unique skills that rarely meet" noted Williams. VTS, a best-in-class Expert Advisor builder, provides a bridge between the two disciplines.
"It's easy to build a template-driven code generation tool, but they are very limited in ability" explained Williams. "VTS is not template driven, it's a free-range EA Builder that allows traders to create unlimited drawings and then connect those drawings in any way."
In addition to VTS's unique drawing ability, VTS generates clear-text MQL code that allows traders to view and edit the logic of their Expert Advisor.
More information about the FX PowerGrid plug-in can be found at:
iExpertAdvisor, LLC is dedicated to providing traders with sophisticated tools for trading the FOREX market. FOREX traders interested in learning more about iExpertAdvisor™ can visit http://www.iexpertadvisor.com or request more information at info(at)iExpertAdvisor(dot)com.
FOREX trading carries extreme risk. Before deciding to participate in the FOREX market, potential traders should carefully consider their investment objectives, level of experience and risk appetite.