The best forex robots and expert advisors

What are Expert Advisors?

Expert Advisors (EAs) are programs that run on the MetaTrader platform, used to monitor and trade financial markets using algorithms. They find opportunities according to the parameters you set, then either notify you or open a position automatically. And once your position is open, an EA can add close conditions including stops, trailing stops and limits.

You could, for example, use an EA to monitor a few key markets. It would alert you when it finds a potential opportunity for profit. Equally, you could let it loose on the markets completely, opening multiple positions each day with little human input.

For most traders, EAs are primarily used for forex trading. But you can use them to trade any market that’s available on your MetaTrader. If you’re an IG client, for example, you can use an EA to trade forex, indices, cryptocurrencies and commodities on an enhanced MetaTrader.

How do Expert Advisors work?

EAs work by enabling you to set the parameters by which opportunities are found, and positions are opened and closed – essentially using a set of yes/no rules to trigger trading decisions. You can either build an EA for yourself, or import one that someone else has built.

By combining lots of yes/no rules into a complex mathematical model, EAs can execute sophisticated trading strategies, using computational power to make decisions – and act on them – almost instantly.

Expert Advisor example

A simple EA could monitor one or two markets, notifying you about potential trades when set conditions are fulfilled.

Let’s suppose that you wanted an EA to spot any mean reversion opportunities on GBP/USD using the 20-day simple moving average (SMA) indicator. You could import one that someone else has built, or you could build one yourself using a programming language called MQL4.

You’d program your EA to monitor GBP/USD constantly and notify you if the pair breaks out of its 20-day SMA. You could also program your EA to act upon the opportunity instead of just notifying you, for example, by using 2% of your total available balance as the size of the position. From there, how complicated your EA gets is entirely up to you.

Why are Expert Advisors popular?

Timesaving

Emotionless trading

Flexibility

Backtesting

Accessibility

The best forex robots and expert advisors

1000pipclimbersystem
Automatic detection with entry, stop loss and take profit values

The 1000pip Climber Forex System is a state of the art algorithm, designed to make it as easy as possible to succeed at Forex. The Forex system continuously analyses the FX market, looking for potentially high probability price movements. Once identified the software will notify you visually, audibly, and via email.

ALL key parameters are provided; entry price, take profit and stop loss. The Forex system is easy to set up and is designed to be followed 100% mechanically – just try the Forex system and see the results. This Forex system really is the simplest way to follow the FX market.

Lifetime license: for only ~~$299~~ $97 you can have a lifetime licence to use the system. There are NO monthly payments.

5 pips a day automated forex trading system

5 pips a day is a fully automated forex trading system that targets 5 pips a day and has been developed to run on the EURUSD 1 minute chart in the mt4 platform. It does not use any martingale, grids or hedging strategies.

to visit original page of this robot (Ea) , click here

Trend profiteer ea
"This FREE Trading System Finds $1000+ Trades Almost Every Single Day"Day"

You can get this trading system for FREE today...PLUS

three days of professional Forex training, only click here

Forex Megadroid

Indisputably Proves A Robot Can Trade With 95.82% Accuracy In EVERY SINGLE Market Condition And Quadruple Every Single Dollar YOU Deposit”

Forex Megadroid™ Is The Direct Outcome Of 38 Years Of Learning And Experiencing... From Seeing What Works And What Doesn't... for more info click here

100 percent winners by Profitable Arbs software

great software to gets profits without any losses ... watch the following video >>>

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Ninja forex bot

The Forx Ninja Bot Works On All Currency Pairs, Majors, Minors, Exotic Pairs, & Commodities Like Gold, Silver Oil etc. and it is Very Low Drawdown.

"The Best Forex EA Robot" is a complicated piece of software that is in stalled on a VPN (Virtual Computer). The software uses the following parameters to trade. The VPN is accesses through Remote Desktop for Mac & Windows operating systems.

20 MA on 4H chart.

50 MA on 4H chart.

Ichimoku signal indicator.

Fibonacci Retracemet.

Scalping Methodology.

for more info visit the following page , click here

How to get started with Expert Advisors

You can build your own EA or download one that someone else has already built. Whichever way you choose to begin using an EA, it will need to be backtested to ensure that it works in the way you expect before letting it trade with real funds.

Use a pre-built Expert Advisor

If you have found a pre-built EA you want to use on MetaTrader , you’ll need to copy it into the ‘experts’ folder where your MetaTrader 4 is installed on your computer. On a computer, this is usually located on the ‘c:’ drive.

Once that’s done, launch MetaTrader and expand the ‘Expert Advisors’ section on the left hand side. Your EA should be located there. Drag it onto a chart to get started, and you’ll be asked to review its settings before putting it live.

Backtest your Expert Advisor

You can backtest an EA on MetaTrader using the strategy tester, which you’ll find by clicking ‘view’ in the top navigation bar. In the tester, select the EA you want to run, as well as the market and timeframe you want to run it against. Backtesting an EA is important to ensure that it is working currently.

EAs can also be run on a demo account within MetaTrader . Just install the EA in exactly the same way as on a live account, and set it running on your chosen markets. With an MetaTrader demo account, you’ll be able to trade on over 80 markets using £10,000 or more in virtual funds, and test some of the free indicators and add-ons that are available on our live platform... what is the best reliable brokers??

Be always online

Unlike if you use Robot or Expert advisor (Ea) , you can't use your PC or labtop to run MetaTrader you have to install it. This means that you can only access it from the device you install it on, and your EAs can only run when that computer is switched on, with MetaTrader up and running and connected to the internet.

If you want your EA to run round the clock, you’ll need a virtual private server (VPS).

What is a virtual private server (VPS)?

A VPS is an online version of your MetaTrader that is hosted on an external server, enabling your EAs to operate even when your computer is switched off. It solves the problem of needing your computer or mobile device to be running MetaTrader in order for your EA to function, by hosting an instance of your MetaTrader on an external server that is always on.