The open API protocol or FIX API is designed to exchange financial information. This protocol was specifically designed for financial markets to transfer large amounts of information as quickly as possible. Currently, it is used by the vast majority of market participants to establish interaction between computer systems and, in fact, it is a communication standard.
Any trader with a highfrequency trading strategy strives to reduce delays in receiving data, as well as processing, forming and sending an order to open a deal. The only reliable method is to create your own trading program that will interact with the trading server based on open or closed protocols.
For the popular Meta Trader 4 and 5 programs, which have their own private communication protocol, the communication protocol was deciphered and robots New Hope INSIDE MT4 and MT5 were developed. New Hope FIX API robots were developed for the open FIX API protocol.
Each version has its own characteristics and options for trading.
A distinctive feature of trading on the FIX API protocol is high profitability and the absence of plugins.
New Hope FREEDOM
New Hope Freedom is a 4/5 meta trader terminal library, open source that allows you to connect and trade without a terminal. Now you can implement any trading strategy in the programming language you need using this library. This library is constantly updated, we send updates free of charge.
Through the New Hope Freedom library, you can work with all types of orders: limit, pending, current. You also get all account data: balance, equity, free margin, current open orders and much more. The library can be connected to any terminal and trade through it.
Distinctive advantages of the robot:
- speed up HFT trading.
- hide the advisor trade from the broker (manual trades).
- connect a readymade trading program to an account for MT4 and MT5 without a terminal.
- connect author’s indicators, correlators and other complex strategies.
- connect information from other sources without losing data for transmission and processing.
- develop your own robot in any programming language.
Advantages of using FREEDOM with conventional robots:
- Meta Trader 4 and 5 cycles are missing.
- the ability to trade without Windows cycles.
- no data garbage (quotes of unnecessary instruments, news feed, mailbox, etc.)
- the broker sees only MANUAL trades.
- connection of any modules from thirdparty programs.
- the ability to support a large number of orders without freezing the terminal.
- flexible conditions for development in any programming language.
- automatic creation of trading keys before the first deal.