Based on statistic, automated trading using Expert advisor or trading robot is 37% from total trading activities in the forex market. There is so many variation trading system in the expert advisor software. An experienced trader like this software because this expert advisors are made to trade without emotion of the foreign exchange trader. Expert advisor trading robot moves with a program that operate the trading activities such as open buy position, open sell position, close trading order, analyze the trading chart, and etc.With expert advisor you just turn on the computer, run the robot trading and you can left it or go to sleep. Expert advisor can trade all things for you analyze, open and close trading for you. This is very easy live isn’t it ? the key for success in forex trading forex using an expert advisor is you have to find and use the best forex trading robot. But having the great expert advisor is very difficult. There are so many scam trading software out there. If you can find it you will become a happy trader. You don’t have to work every day, the robot trading will makes money for you. A happy life !
Virtual private server hosting is the soul of forex trading robot. This VPS lets the trading robot trade continuously. VPS will protect your trading from any internet connection failure. Virtual private server hosting serves like a remote computer. You can install the metatrader trading robot through an online network.
Forex trading software has many benefits, this program can reduces and eliminates the effect of trader’s emotions. This program is traded on the forex market without emotions, discipline and consistent. The other advantages from an expert advisor is we can trade with multiple accounts using one expert advisor. You can test it using historical data, you can examine the capable of a trading system on a demo account and fix the weak part to improve the trading results, after that you can trade it on a real account.
Forex trading robot can be used by an experienced or even a beginner trader. Some experienced foreign exchange traders are paying to get programming knowledge, and some traders learning by them self to become expert in programming. With this knowledge traders can make forex trading robot itself, they just find a good trading system and then put this trading strategy into an expert advisor. But sometime forex trader hire a programmer to make an expert advisor. But there are commercial programmers, they make an exert advisor and then they sell it to active traders. If you want to buy an expert advisor, you have to check the product first. Read reviews about the product, or you can ask to another trader in the forex trading forum about the product. And you can find the product who has a free trial or money refund if the product did not satisfied you. But you have to keep in your mind that forex trading robot can lose your capital. You have to be careful if you play with this software.
Choosing an expert advisor program. You can read several forums, we can read reviews from other traders who claim to have made a lot of money by using a forex trading robot. You don’t have to believe 100% because among the many expert advisors available on the internet, many trading robots are scams. You should know the publisher who has honest historical results or maybe certified by an independent organization. Even though, great back test results is not guarantee of future results too.
Metatrader 4 is the most popular trading software for trading robot. Metatrader 4 is used by manor forex brokers in the world. So, you have to find a forex broker who use metatrader 4 software for their trading platform. If you use scalping trading robot mae sure that your forex broker takes scalping system and has small spreads, margin call level, and minimum lot size.
Here are best Expert advisor trading robots
FXTradepro: Strategy using a “Semi-Martingale”
This signal will copy the trades of our most profitable swing trading method. This trading method has been forward tested successfully over the last 12 months.
Million Dollar Pips System
The first million dollar forex robot that works with small accounts and has incredible and real results.
Price action scalper
Price Action Scalper trading system that makes 50-200 pips per day and does not use any technical indicators.
Forex Cash Evolution
This expert advisor was tested for seven years to get the great performance.
FAPTURBO First Real Money Forex Trading Robot
Fapturbo is the only best expert advisor automated that makes real money under 30 days. No backtests tricks.
Forex Megadroid Trading Robot
This forex trading robot waits one minute before open trading position. This system waits for the confirmation and the right time before it takes reasonable trading risk.
Forex Ambush 2.0
This trading robot works with smart trailing stops which and removes your emotions.
There are many companies out there that create and sell these working robots and so do a research who is giving the metatrader expert advisors before purchasing one. Again, these robots function well for an effective operation of your Forex business.
ReplyDeleteWe need to be careful with some comments at myfxbook also, lots of "interesting" and questionable information.
ReplyDelete