A forex robot (aka "expert advisor") is software that trades a strategy for you.
MetaQuotes' MetaTrader 4 (MT4) is the "home" platform of forex robots called Expert Advisors (EAs).
Here's a list of 11 of the best ones available, to help you out.
Configure your forex robot to use micro lots (.01, .02, etc.), and you'll be on your way to real pips.
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Big Breakout EA Using a fully automated system takes much of the work out of trading, leaving you free to do other things If you do not have much time to devote to forex trading, or if you find it difficult to stick to a trading strategy, then a fully automated system may be a good option.
is that instead of spending your time and capital on things like automated FX trading software bots, it would perhaps be better to devote time to learning a good trading system.
Forex robots can be effective in finding optimum entry and exit points for trades, calculating ideal position sizes, and executing transactions according to the rules in a pre-determined trading plan .
They indicate to their clients when it is an appropriate time to carry out buy-sell actions of main currency pairs on the Forex market, based on analysis Itic Software robots have multiple trading strategies.
Automated forex trading systems can be effective tools for determining optimum entry and exit points in the market, calculating the size of positions and executing trading plan transactions.
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They indicate to their clients when it is an appropriate time to carry out buy-sell actions of main currency pairs on the Forex market, based on analysis Itic Software robots have multiple trading strategies.
To use an MT4 robot, the user must first have a live funded trading account with a forex broker, download the MetaTrader 4 software to their computer and have a working version of the expert advisor software that can be used with the MT4 robot trading system.
is that instead of spending your time and capital on things like automated FX trading software bots, it would perhaps be better to devote time to learning a good trading system.
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They indicate to their clients when it is an appropriate time to carry out buy-sell actions of main currency pairs on the Forex market, based on analysis Itic Software robots have multiple trading strategies.
Depending on the risk level the trader is willing to assume, most forex trading robots can initiate a position according to a set of parameters and signals that are set by the trader based on one or more technical indicators and exchange rate levels achieved in the forex market.

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