Is a type of autotrading is very similar to algorithmic or black-box trading, where a computer algorithm, or Expert Advisor (EA), decides on aspects of the order such as the timing, price, or quantity or initiation of the order without human intervention.
Users can only interfere by tweaking the technical parameters of the program; and all other control is handed over to the program. Forex Robot is sometimes also called Forex EAs.
This type of Robot is a computer designed software to make trades for you on whatever foreign exchange trading platform you are running, most of them run on the Metatrader platform which is free from most brokers. The software places all your trades from start to finish.
However nowadays Forex Robot is designed to make retail forex traders like us to easily configure and assign what we require of the trading.
Users can only interfere by tweaking the technical parameters of the program; and all other control is handed over to the program. Forex Robot is sometimes also called Forex EAs.
This type of Robot is a computer designed software to make trades for you on whatever foreign exchange trading platform you are running, most of them run on the Metatrader platform which is free from most brokers. The software places all your trades from start to finish.
However nowadays Forex Robot is designed to make retail forex traders like us to easily configure and assign what we require of the trading.
So when looking for a Robot to trade you need to find one that caters to your need. You have to be careful when looking around as so many promise you fantastic profits over night and avoid these types. Look for ones that promise profit but profit that is realistic and the ones which are renowned already, base on brands and longevity of product sales.
As the name suggests, FOREX Autopilot is a software application that does FOREX trading in an automated manner.
The program has automated trading bots in a software format, which you install on your computer. You have to do nothing more than this installation but to keep your PC on. You will find that these trading bots will handle all the FOREX transactions for you all through the night and in the morning, you see that you have a swollen account!
Naturally, there is much criticism whether such a thing really works but FOREX Autopilot is genuine software released by Marcus Leary, a FOREX expert who also has innate Internet marketing knowledge.
The program has automated trading bots in a software format, which you install on your computer. You have to do nothing more than this installation but to keep your PC on. You will find that these trading bots will handle all the FOREX transactions for you all through the night and in the morning, you see that you have a swollen account!
Naturally, there is much criticism whether such a thing really works but FOREX Autopilot is genuine software released by Marcus Leary, a FOREX expert who also has innate Internet marketing knowledge.