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I would like to program my own Expert Advisor for automated trading. How do I do that?

If you are familiar with programming you may want to try and program an Expert Advisor yourself. The programming language is very similar to C++. To assist our clients, we have prepared the Expert Advisor User Guide to assist you.

For clients who have developed a trading strategy and need help programming, MIG now offers a programming service for a minor fee. Professional and Institutional clients benefit from this service for free. For more information, please contact Client Services.

I have downloaded the MIG Trading Station but the platform says 'no connection'. How do I connect?

When you download the platform it is important that you open a demo account in the system. The system cannot connect if there is no account. If you did not fill the grey box that popped up when you installed the platform, just go to 'File' in the menu and choose 'Open an Account'. Fill the box that appears and remember to tick the box about newsletters. You should now receive an account with login and password and you will connect to the server - please accept the updates, when proposed.

Can I have the period of my demo account extended beyond the 90 days?

All demo accounts automatically expire after 90 days. Unfortunately, it is not possible to extend this period. Please be aware that all data regarding the demo account will be lost when the account expires. If you want to keep a copy of your trade history, we advise you to copy the account statement to your computer. To do that, go to Account History in the Terminal, right-click and choose 'Save as Report'.

How is volume calculated on the charts?

The volume is the amount of incoming ticks. If the price is constantly changing, it is an indication of a large volume - The more changes, the more activity and the larger the volume.

Does the MIG Trading Station offer the trailing stop feature?

Yes. It is active on the demo platform, however, live accounts require a Trailing Stop Request.  To activate the Trailing Stop on a position, go to 'Trade' in the 'Terminal' at the bottom of the platform, right-click and choose Trailing Stops. Please note that you have to be making a profit of minimum 15 pips before you can activate it.

IMPORTANT – Your MIG Trading Station terminal must be on at all times for this feature to work or your account will be exposed to unlimited risk.

Does the platform allow hedging?

You can without any problems open hedge positions (hold both long and short positions of the same pair) on the MIG Trading Station.