MQL5 Cloud Network was launched by MetaQuotes on October 14, 2011, to arrange the exchange of computing resources between those who require them, and those who have spare CPU time on their machines. Over the course of its ten years of operation, the network has grown to a capacity of 34,000 test agents (CPU cores available online for testing trading hypotheses).
MetaQuotes is software developer for the financial markets. Apart from MQL5 Cloud Network, the business has created a variety of software products, including the MetaTrader 5 trading platform, which is used by over 1,500 brokerage firms, hedge funds, and banks worldwide.
Anyone with a MQL5 community account may sell the capacity of their agents and make money. In the MetaTrader 5 client terminal, MQL5 Cloud Network is utilized in combination with MetaTrader 5 Strategy Tester. The Strategy Tester is used to improve trading systems written in the MQL5 programming language using backtests, which are simulations of trading strategies done on historical data before they are utilized in live trading. Since its inception, the cloud network has performed 12,137,187,332 jobs successfully.
Analysts of quantum investment funds, in which human interaction is increasingly decreasing, utilize historical data tests, among other things, to improve the number of trading agreements done with the best potential profit. The ability to run numerous backtests is a unique feature of the MQL5 Cloud Network. All passes are now completed in a matter of minutes rather than days or hours.
MetaQuotes has been building a unique community of experienced algorithmic traders for 17 years, in addition to the cloud network. MQL5.com features a marketplace with 21,000 ready-to-use trading robots and technical indicators, as well as a freelancing market with over 83,000 application development orders completed by skilled developers.
High-performance CPUs, such as AMD Ryzen 9, Intel Core i9, and Intel Xeon, enable the MQL5 Cloud Network’s power.
The cloud network may be utilized for a variety of functions, including scientific research, in addition to financial tasks. Additional real-time MQL5 Cloud Network data are available on the project website, including network dispersion by CPU type.