# Abhilash Dhumatkar > Abhilash Dhumatkar is a Pune-based trading systems engineer, AI trading researcher and founder of X-STOX, building MetaTrader (MT4/MT5) Expert Advisors and Indian-market trading software since 2016. Abhilash Dhumatkar is a Pune-based founder and trading-systems engineer. He began trading at eighteen across forex, commodities, futures and options, then trained in software engineering and data science. In 2016 he founded X-STOX to turn trading strategies into specified, tested and documented software. The company builds MetaTrader 4 and 5 Expert Advisors, technical-analysis software for Indian and global markets, and custom systems for traders and businesses, sold directly and on Amazon.in. Abhilash writes the MQL4 and MQL5 behind the product line and is known for stating a system's risk mechanisms before its price. His current research asks where machine learning genuinely improves systematic trading. ## Key facts - Name: Abhilash Dhumatkar - Based in: Pune, India - Role: Founder, X-STOX (since 2016) - Work: Trading-systems engineering, MQL4/MQL5, Python research - Markets: Forex, metals, indices, crypto CFDs, Indian equities and F&O - Education: Bachelor of Engineering, Information Technology, Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU) - Education: MBA, Information Technology, Symbiosis International University ## Pages - [About](https://abhilashdhumatkar.x-stox.com/about): biography, method and capabilities - [Journey](https://abhilashdhumatkar.x-stox.com/journey): dated timeline of his work, products and recognition - [Work](https://abhilashdhumatkar.x-stox.com/work): trading software and research projects - [Writing](https://abhilashdhumatkar.x-stox.com/writing): essays on system design, risk and machine learning in trading - [X-STOX](https://abhilashdhumatkar.x-stox.com/x-stox): the company he founded in 2016 - [Media](https://abhilashdhumatkar.x-stox.com/media): press, recognition and bios - [Contact](https://abhilashdhumatkar.x-stox.com/contact) ## Projects - [Meta Pro 2.0](https://abhilashdhumatkar.x-stox.com/work/meta-pro-2): Rule-based technical analysis and signal software for Indian and global markets. (Technical analysis software, launched) - [MultiScalper Pro](https://abhilashdhumatkar.x-stox.com/work/multiscalper-pro): A multi-pair scalping Expert Advisor for MetaTrader 5. (Expert Advisor, launched) - [HyperScalp Pro](https://abhilashdhumatkar.x-stox.com/work/hyperscalp-pro): A gold (XAUUSD) M1 scalping engine with a full on-chart command panel. (Expert Advisor, launched) - [News Hunter Pro](https://abhilashdhumatkar.x-stox.com/work/news-hunter-pro): A news-event straddle EA for CPI, NFP, FOMC and rate decisions. (Expert Advisor, launched) - [FX Robo](https://abhilashdhumatkar.x-stox.com/work/fx-robo): An earlier-generation forex Expert Advisor for MetaTrader 4. (Expert Advisor, launched) - [News Command Center Pro](https://abhilashdhumatkar.x-stox.com/work/news-command-center-pro): A full-screen news terminal for trading gold around economic releases. (Trading dashboard, in-development) - [x-stox.com platform](https://abhilashdhumatkar.x-stox.com/work/x-stox-platform): The company site, rebuilt as a product catalogue with disclosure built in. (Software platform, launched) - [Scanner Pro](https://abhilashdhumatkar.x-stox.com/work/scanner-pro): An opportunity-ranking engine: which symbols deserve attention right now? (Market scanning, idea) ## Writing - [Why I put the martingale on the product page](https://abhilashdhumatkar.x-stox.com/writing/why-i-disclose-martingale): HyperScalp Pro uses a recovery ladder. I could have buried that in the manual. Here is why it sits above the price instead. - [A trading idea is not a trading system](https://abhilashdhumatkar.x-stox.com/writing/a-trading-idea-is-not-a-trading-system): Most retail strategies don't fail in the market. They fail in the layer nobody enjoys building. - [Where machine learning helps systematic trading — and where it is a label](https://abhilashdhumatkar.x-stox.com/writing/where-machine-learning-helps-systematic-trading): The products I ship today are rule-based. Here is the question my research is actually trying to answer. ## FAQ ### Who is Abhilash Dhumatkar? Abhilash Dhumatkar is a trading systems engineer and AI trading researcher based in Pune, India. He founded X-STOX in 2016 and writes the strategies and MQL4/MQL5 code behind its MetaTrader and Indian-market trading software. ### What is X-STOX? X-STOX is a Pune-based trading software company founded by Abhilash Dhumatkar in June 2016. It builds MetaTrader 4 and 5 Expert Advisors, technical-analysis software for Indian and global markets, and custom trading systems, sold on x-stox.com and Amazon.in. ### Does X-STOX use artificial intelligence? The products X-STOX ships today are rule-based, and each product page describes its actual mechanism. Abhilash's current research asks where machine learning genuinely improves a systematic strategy — for example regime classification, execution estimates and signal filtering — tested out of sample and after costs. ### How does Abhilash test a trading system? Every system starts as a written specification, is built in MQL4 or MQL5 with Python for research, backtested across different market regimes, forward tested on a live account at small size, and documented — including the parts that carry risk — before release. ### Which markets does he work with? Forex majors and crosses, gold (XAUUSD) and silver, index CFDs, crypto pairs on MetaTrader, and Indian equities, futures and options. ### How can I contact Abhilash Dhumatkar? Use the contact page on this site or message him on LinkedIn. He is open to partnerships, custom trading-system projects, interviews, speaking and research collaboration. ## Profiles - LinkedIn: https://www.linkedin.com/in/abhilashdhumatkar/ - Instagram: https://www.instagram.com/abhilash_dhumatkar/ - X-STOX: https://x-stox.com/ Nothing on this site is investment advice.