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Wednesday, 11 January 2012

Metatrader Programmers – Qualities to Look For

For traders who employ automation in their Forex trading strategies, the role of their Metatrader programmer is often critical. When trading Forex, real money is involved, and traders would often find it frustrating to suffer losses brought about by subtle programming mistakes. Therefore, working with an excellent Metatrader programmer can lead to greater success in Forex trading. The following are the qualities to look for in such programmers.

Excellent Programming Skills

The foremost quality to look in Metatrader programmers is their technical skills. Most programmers would often give free samples of their work, either through their own websites, or by emailing them as attachments. If you would like your programmer to give more credentials or proofs of their expertise, ask for some recent works. Evaluate those samples so as to assess the level of the programmer's technical skills.

It is often beneficial to have a discussion with your programmer before engaging on any projects. Most programmers are willing to share their expertise and maybe able offer improvements on your own trading systems.

Good Communication skills

Your Metatrader programmer may undoubtedly have excellent technical skills, but if he has poor communication skills, you may run into more problems while working with him. Such a programmer is more susceptible to misinterpreting your ideas and may result to delivering software with incorrect rules and parameters. If you hire your programmer for an hourly rate, the project may become even more costly. Hence, it is important for your programmer to possess good communications skills. This allows both parties to speed up the software development process and avoid delays caused by miscommunication.

It is also important for your programmer to possess basic knowledge on Forex trading. With that, he would be able to envision your needs along with your programming requirements. Moreover, you can freely communicate your ideas without having to worry about drowning him with too much trading jargon.

Professionalism and Passion Towards Work

When working with programmers online, the exercise of professionalism is more important than ever before. Most probably, you won't be able to meet them face to face, so Forex traders should be specific when it comes to this trait. The programmer should be punctual when returning your emails and handling support requests. He should also be true to his own deadlines. If he proclaims that helping people through programming is his passion, it would show in the way he interacts with his clients.

Availability and Location

It is often natural for programmers to work sleepless nights and exhibit flexibility in their schedules. Nevertheless, it is still beneficial to know your programmer's daily schedule. Knowing his availability would allow both parties to maintain good communication lines which is often critical to custom programming projects.

Bad programming is not a wise option for Forex traders who invest in automated trading systems. It is important to hire the services of an excellent Metatrader programmer so that the trader would be able to get his custom software the way he envisioned it.


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