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Boston Technologies offers to automate your strategies

Aug
18
2010
Posted by Michael Greenberg in Traders
7 Comments

Boston Technologies the providers of first ever MT4 bridge (something that has become quite a commodity lately with more than 2 dozen bridges now being offered by various providers) are now offering to automate your strategy into an EA or upgrade an existing MQL4 one to MQL5.

We’ve seen a similar offering from FXCM not so long ago (with its own pros and cons), but it’s the first time I see it from an independent software provider.

Have a trading strategy? Automate it.

System trading is used in all financial markets and has been used by hedge funds and other large financial institutions for decades. But with MetaTrader you don’t have to have a large company behind you or even spend a lot of money. Simply get your strategy coded and have it run on the industry’s most popular platform with no ongoing costs. Build an EA that will identify opportunities and make trades for you.

Our team of trading programmers will take your idea and turn it into a full blown MT5 Expert Advisor. You will no longer have to spend hours sorting through charts to find your key setups. Instead, with your EA, MetaTrader will scan any and all charts, currency pairs, and time frames you want and find them for you. The trades will be executed automatically by the EA for any broker you wish.

  • Automate Your Trading Strategy
  • Free Yourself From Watching Charts and Stressing About Closing Trades
  • Define Detailed Rules For When Your Strategy Should Be Traded
  • Add Money Management Rules To Your Strategy

Get Your EA Coded

Once your Expert Advisor is complete you not only be able to automate your strategy, but you can use it with any MetaTrader setup you want. You will also have a base of code to work with for if and when you want to make tweaks or updates to your strategy later.

We will build your EA for $399.

Upgrade Old EAs

Do you already have an EA but it’s in MQL4? We will upgrade it MQL5.

  • More Powerful
  • More Compatible
  • More Flexible

MQL5 is an inherently more flexible and more powerful programming language for trading than MQL4. It provides you with more options which means you can define your strategy more precisely. It is more similar to other programming languages which means if you ever want to convert it to more languages, it will be easier and less costly. Ask us about the upgrade process.

Are You A Coder?

We are looking for more programmers. If you’re interested in helping us build and upgrade EAs, please talk to us.

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7 Comments on this post

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  1. Jim Hunt said:

    Hi Michael,

    I’m not sure Boston Technologies are completely independent of FXCM. FXCM are obviously a customer of theirs, and Kevin Millien and Michael Brand are both ex FXCM.

    I’d also love to see BT demonstrate “MetaTrader scan[ning] any and all charts, currency pairs, and time frames you want and find[ing key setups] for you”, and raking in the profits as a result. If that weren’t just marketing BS it would be worth a lot more than $399!

    Cheers,

    Jim

    August 18th, 2010 at 11:05 am
  2. Michael Greenberg said:

    they are fully independent entities to the best of my knowledge, just because someone was in one firm doesn’t make his second firm exactly same entity as the first one…

    August 18th, 2010 at 11:42 am
  3. Jim Hunt said:

    I didn’t mean to imply that the two entities are not independent in that sense. Merely that Boston Technologies aren’t exactly an “Independent” Software Provider in this instance. When FXCM earn their crust from the activities of a MetaTrader client so do BT, currently at least.

    Jim

    August 18th, 2010 at 12:46 pm
  4. George Popescu said:

    Hi Jim

    I can confirm that FXCM is one client of ours among more then 60.
    And as a matter of fact we do compete with FXCM in some fields, like this particular EA programming package ( FXCM also has their package…)

    Michael Brand is an exceptional employee and he is now working with us as you mentioned and we met him through .. Kevin of course. As a matter of fact we met a few other ex FXCM employees that might join us, so please don’t be surprised. And if you know people looking for job let us know, we are heavily hiring.

    George

    August 18th, 2010 at 3:41 pm
  5. Jim Hunt said:

    Morning George,

    Thanks for confirming those points.

    Perhaps you could also confirm that the stuff on your website about a MetaTrader EA scanning all charts, currency pairs, and time frames I want and finding my key setups for me is indeed just marketing BS?

    Failing that perhaps you would let me know when you will be able to demonstrate this exciting new technology to me.

    Thanks in anticipation,

    Jim

    August 19th, 2010 at 4:36 am
  6. Kevin Millien said:

    Hi Jim:

    I invite you to get in touch with our EA Design Department to evaluate the quality of assistance that they can provide to you. We offer a free consultation where one of our designers will spend time with you discussing the principles of your strategy. Following that discussion, a Statement of Work is drafted, which allows you to understand precisely what we will be working on before we begin.

    All EAs will be ready within one week. I am very confident that you will be satisfied with the quality of the service and I look forward to hearing back from you with any feedback that we may find useful.

    Thank you for sharing your concerns!

    August 19th, 2010 at 5:26 pm
  7. Jim Hunt said:

    Hi Kevin,

    I followed your suggestion and got in touch with “one of [y]our designers” from “[y]our EA Design Department”.

    He assures me that $399 is a “base price”, which includes “a standard Expert Advisor with some standard bells and whistles – trailing stops, start and end times, money management”. Evidently a non-standard EA costs more, and takes longer.

    He also assured me that I had misunderstood the text on your website, which is reproduced above – “You read the text and took “scan” to mean scan multiple currency pairs at the same time. That’s not the case.”

    It also seems as if neither he nor I have ever built a MetaTrader EA that “will scan any and all charts, currency pairs, and time frames you want and find [your key setups] for you, [which] will be executed automatically by the EA”. That’s because it’s a waste of time even trying. MetaTrader 4 just isn’t the right tool for that sort of job, and your EA Design Department aren’t going to be able to do that job for me in MT5 for $399 either.

    Jim

    August 24th, 2010 at 5:45 am
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