In an interesting twist, following on the response of response of their previous launch, TradeToolsFX has created an updated version of their Binary Options product. Rather than performing as a server side plugin, the new offering runs as a client side Expert Advisor (EA). Similar to other EAs, users drag and paste to activate the customized binary options EA.As mentioned last week, MetaQuotes has begun to take a more aggressive stance towards the third-party eco-system that has been developed around its Metatrader product. This has led to the warning of systems which are considered to be infracting on their licensing. The result has been a debate of where exactly does MT4s license begin and end and where do users have free terrain to create changes. As such, being part of the larger issue, the TradeToolsFX MT4 product becomes the first test case for brokers and users to see how their product will ultimately be received by the market in both its illegal and seemingly legal EA form.Last Wednesday on Forex Magnates, TradeTools FX announced an enhancement for the MT4 platform that made it possible for a Forex broker with an MT4 license to offer Binary Options trading alongside FX, CFDs, Metals, Commodities, etc. with the FX LITE MT4 Binary Option plugin. While we received plenty of positive feedback from brokers and even retail traders, one company was not very excited with our announcement MetaQuotes Software Corp.No Modifications: You will not undertake, cause, permit or authorize the modification, translation into other languages, creation of derivative works, reverse engineering, decompiling, disassembling or hacking of the MetaQuotes Software or any part thereof. You will also not create other software based on the MetaQuotes software.These comments surprised us a bit since we feel that incorporating Binary Options within the MT4 platform will ultimately lead to Binary Options brokers purchasing new MT4 licenses which would result in more White Labels plus the accompanying monthly support fees.Nevertheless, our team of talented developers has already engineered an alternative solution that utilizes the popular Expert Advisor feature to offer Binary Options trading on MT4. Rather than instructing the client to run our Binary Options extension as a standalone application, the screenshots illustrate how the client simply enables the TTFX BO Expert Advisor to activate Binary Options trading.Finance Magnates is a global B2B provider of multi-asset trading news, research and events with special focus on electronic trading, banking, and investing.Copyright 2015 Finance Magnates Ltd. All rights reserved. For more information, read our terms and conditionsIm using MT4 to analyse market signals and at the moment I made manually binary options trades with my broker on their website.To test the signals if there are correct and brings profit, I would like to automatize these analysis and in case made automatic binary trades like 60-second-trades.Exists in MT4 any functions to made binary options trades like CALL / PUT setting also an expiration-timeObviously this is important, expecially when I use 60-second-trades.If MT4 offers this functions, do you know a broker who provide trading with MT4and also allows trading with binary optionsAnd If these functions doesnt exists, do you think that would be also integrated in the futureVon unserer Seite wird der Handel mit binren Optionen nicht in MetaTrader 4 unterstzt. Dies drfte auch in Zukunft weiterhin so bleiben. In MetaTrader 5 ist geplant, den Handel mit normalen Optionen zu ermglichen. Aber auch in der Version 5 wird es nicht mglich sein, binre Optionen zu handeln.Im using MT4 to analyse market signals and at the moment I made manually binary options trades with my broker on their website.To test the signals if there are correct and brings profit, I would like to automatize these analysis and in case made automatic binary trades like 60-second-trades.Exists in MT4 any functions to made binary options trades like CALL / PUT setting also an expiration-timeObviously this is important, expecially when I use 60-second-trades.If MT4 offers this functions, do you know a broker who provide trading with MT4and also allows trading with binary optionsAnd If these functions doesnt exists, do you think that would be also integrated in the futureTo test the signals if there are correct and brings profit, I would like to automatize these analysis and in case made automatic binary trades like 60-second-trades.Exists in MT4 any functions to made binary options trades like CALL / PUT setting also an expiration-timeI use Binary Options as well and, being a former C programmer, I like using MQL to automatize my signals tests. Unfortunately I was not able to find a way to use EAs and the Strategy Tester to test my indicators, so I resorted to build an MQL framework to mimic what these tools do, but using expiration times instead of TP/SL levels.To test my Signal Indicator (SI) I build a second indicator - that I call the Backtest Indicator (BI) - calling the SI via the iCustom function and counting how many signals are ITM and how many are OTM for a predetermined expiration time: data are then saved in a CSV stats file. Then I use a script to launch the BI with for-cycles of different sets of input parameters and expiration times to mimic the EA optimization available in MT. The final step is the analysis of the CSV stats file using Excel looking for the best parameters.When the SI is fully optimized, then I run it in MT4 and use its signals to enter manually BOs in my broker site.Hey all, Im using direct fx dot com, australian I think. They offer binary options inside MT4 and what essentially happens is that the F9 function converts into a Put-Call function. The pairs also turn into .bo instruments. Their website has all the functionality you need. Its from something they are doing with trading tools fx dot com. The latter used to make them as plug-ins until Metaquotes complained... (ref/advice needed here. Coirrect me if Im wrong). It would seem they have found a way to build it in now All speculatory, but it works for me. Now waiting for trading tools fx to get back on BOEA development ...The MetaTrader trading platform is arguably one of the most popular Forex trading platforms in use today.