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Is it worth to duplicate the trading signals of successful traders?

Category : Uncategorized

Many novice traders are wondering whether it is worth duplicating successful traders’ deals or conduct fix api trading by themselves, relying only on their own knowledge and skills. On the one hand, it is not so easy do the novice traders to understand everything right away and start earning in any stock market, like fix api forex. On the other hand, the most successful trader can go bankrupt, and history knows many such cases. But let’s look at this step by step.

Those who are just starting their way into the fix api trading often do not understand how everything is arranged from the inside: they do not have experience in trading and they do not feel the market. Then a question arises: can I earn money on the same forex, while I not yet learned to trade on my own?

Yes, there is such a possibility. You just need to repeat the transactions of the experienced fix api traders (http://forexrobots.in/2017/10/05/the-websites-for-displaying-trading-signals/ ).  At the same time, you do not need to give your money to anyone. The control over trade remains only in your hands.

Now the trend of an experienced trader to offer distribution of his trading signals is quite popular. In fact, a novice trader simply pays a certain amount, which is assigned by the chosen professional trader, and he in turn transfers information about what transactions he concludes. There are also some free options for duplicating signals, but everyone decides for himself which option to choose.

Let’s see, whose transactions should be repeated at the fix api forex?

Now there are quite a lot of people who pretend to be a “pro”, but actually they are not. They get more benefit from the fact that they sign people for their recommendations, while they themselves often do not trade. In this regard, you need to be extremely careful when choosing a trader whose trading signals to duplicate.

When the trading signals of successful traders are duplicated, there are both advantages and disadvantages.

Advantages of duplicating the trading signals:

– To start trading you do not need to undergo additional training. All that is necessary is to set a goal and analyze the charts in order to understand who of the known traders is the most successful. Sometimes, you can request this information from your fix api forex broker.

– Copying the trading signals is quite easy and convenient, using special trading terminals, such as MetaTrader 4 (often called fix api MT4), which, thanks to its wide range of graphic tools, allows you to copy trading signals in an automatic mode, which gives you the opportunity to do your own activities and receive passive income.

– Copying the trading signals is a great opportunity for additional free training or for a relatively small amount of money. After all, by watching the trading process of experienced traders, you have an excellent opportunity to analyze what kind of transactions they make, when they finish the transaction and how they exit it. If you study a theory along with this, you can get invaluable experience that will help you in your further independent trading.

– An important plus is that when you copy the trading signals of a successful trader, you will get a profit that can exceed by multiple times your profit, if you have traded by yourself. But do not forget that the higher the potential income, the higher the risk level.

Disadvantages of duplicating the trading signals:

– You do not answer and you cannot influence the final result of the transaction. This can result in significant risks if the trader whose signals you started to duplicate turned out to not be competent, or he started a “bad luck” in fix api trading. In this case, you risk burning out by following him. In such a case, it is often very difficult to correct the situation, if something went wrong.

– As we wrote above, even the most intelligent and successful trader cannot take into account some risks and go bankrupt. Certainly, you will get no guarantees that this will not happen at the time when you star duplicating his trading signals.

– When duplicating trading signals, you do not get practical experience in trading. Yes, you will get theoretical knowledge how to trade, and you will be able to track the signs that a successful trader uses, but that does not mean that you will be able to successfully trade independently on any market, and the fix api forex is no exception.

If you decided to duplicate signals of successful traders, we recommend that you consider working through the MT4trading terminal, which allows you to automatically copy the trading operations of selected traders, while this happens in a real time.

As we have already said, many traders share their operations in the forex market on a free or paid basis and become providers of the signal.

Using a wide range of graphic tools, you can configure the terminal so that it gives you priority trading signals at the top.

At the same time, MT4 allows you to see, select and subscribe to the trader you are interested in directly from the trading terminal.

For the fix api traders with experience, showing their trading signals is a great opportunity for additional income.


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Social trading is used by the modern traders

Category : Uncategorized

Social trading is a new direction in the modern world of financial markets. If earlier information on working with financial assets was hidden, today, thanks to the social networks and personalization of trading, every exchange speculator is ready to share his work results. Beginners now have the opportunity to pick up new knowledge for themselves, and experienced players can get an additional source of income by duplicating their trading signals http://forexrobotshub.com/2018/05/18/l-3/ in the fix api forex market. Thud, a trader who has a strategy can turn into a manager and provide ready solutions to his investors at the expense of financial payments for a subscription. Thus, I would single out several sites for automatic copying of signals from one trading account to another:

  1. Signals on the MQL website;
  2. 1sforexsignal (https://1sforexsignals.com/);;
  3. Forexsocialnet;
  4. eToro.

Duplicating trading signals is not the only advantage of the social fix api trading. If you yourself trade in the market and need additional advice on some asset, the trader always has the opportunity to ask about it from the other market players. Thus, by communicating on special forums or blogs, the trader gets quite different opinions regarding the future movement of the financial assets.

In turn, I recommend not only asking other market players for their opinion, but also sharing your own. Only such a joint network will allow us to form a single community of traders aimed at a positive financial result.

 


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Brokerage companies nowadays

Category : Uncategorized

Brokerage companies throughout their history played against their investors and in particular traders. Additional margins, marginal terms and increased commissions were established when certain conditions were met. The prohibitions of the brokerage companies for using standard and commonly accessible trading only arouse indignation on the part of professional market participants. Constant proceedings regarding the contracts that can change while you trade, environments and slips that reduce the financial results, as well as bans on the use of algorithmic strategies make traders look for a better quality broker, which is not so easy to find http://forexzzz.com/product/ctrader-connector-via-fix-api/.

I propose you to consider the aspects that brokerage companies use today: 

  1. Spread. Some fix api forex brokers set an additional mark-up on the currency pairs thereby widening the price difference between purchases and sales. Thus, this difference will be the income of the brokerage company and not the received profit of the trader.
  2. Slippage. Similarly, and by the first moment, slippage reduces the financial result from the trading operation. The given process occurs at the moment of transaction opening. This is inherently a delay in the order execution, as a result, the desired price is missed by several points that will not be obtained as a result of the transaction.
  3. Type of order execution. There are two types of order execution: Dealing Desk, Non Dealing Desk. The first option involves the opening of transactions on the internal server of the brokerage company, and this is the first indication of the non-market conditions for performing transactions.

Knowing these key negative nuances, you can filter out those brokerage companies that provide negative conditions for trading.


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Comparison of the robot and the trader

Category : Robots

The financial market is developing rapidly and every year there are more and more new products that facilitate the fate of the trader in the trading process. This can be new trading platforms, analysis techniques, as well as automatic algorithms. It is for the implementation of high-frequency fix api trading that all large hedge funds are targeted. There are new departments and quantum developments in this direction. According to some forecasts, the trader’s profession may disappear altogether from the open space and all the operations in the financial market will be carried out directly by trading robots. Is this true or not, everyone can judge on his own. I, in the context of this issue, will consider the key features of both the trader and the trading algorithm in order to make it easier to determine the winner.

Strengths of the trader:

  1. Ability to adapt to the current market situation. We can quickly rebuild your forecast and your open positions based on the current market information and dynamics. Thus, at the moment of the greatest shocks in the market (active growth or fall), we can enter the market earning on these speculative races without a special trading strategy. We can act not according to a clearly defined scenario, but to adapt it to the market.
  2. Ability to conduct analytics on the basis of external factors and compare it with the “rumors”. Each trader can combine different market information into a single stream and draw conclusions based on it. Moreover, sometimes from the unstructured information it is possible to receive very valuable hints on the market. So we can predict the future dynamics of the currency pair in the fix api forex market only on the basis of one fundamental indicator, predicting the future dynamics of interest rates from the Central Banks.

Strengths of the robot:

  1. Clear adherence to the trading algorithm. The trading robot (http://forexzzz.com/product/fixapi-zzz/ ) is able to work exclusively based on the parameters that are set in it. If there is a sharp jump or a turn in the market, the robot will take it into account only in the form of figures that constantly change in the financial market. Thus, if the robot is tested and is able to show a positive mathematical expectation, then its indicators will be stable under any market dynamics, which allows you to form a passive source of income with fix api trading.
  2. Adherence to risk and money management policies. Continuing the first point, the robot will always act within the program code. Therefore, the given risk parameter will not be violated (http://forexrobotshub.com/2017/11/08/risk-management/ ).
  3. Absence of psychological factors. The trading robot perceives the market only in the form of digital data. The losses for him are no more and no less than a certain set of figures. Therefore, it will not win back for result (of course, if the Martingale principle is not included in its work logic). Also, the robot will not deviate from the given scenario in case of a series of profitable positions.

Weaknesses of the trader:

  1. Exposed to emotions. Often, we perceive every dynamic of the trading account quite emotionally. Whether it is a growth or a decrease in balance, we cannot escape from our emotions. But this is the worst thing that can happen with a fix api trader. Because of the emotions, there is a deviation from the strategy, trading with high risks, constant selection of new and new algorithms for work. But this does not always have to be done, and this is our strenght.
  2. The trader is able to act not on a strategic line. Every trader can deviate from his system from time to time, which provokes the emergence of new and new risks. Work outside the system causes for us a deviation from the forecasted values ​​of trade and reduces our trading indicators.

Weaknesses of the robot:

  1. Inability to adapt to the current market situations. The strong side of the robot is also its weak side. The robot will not deviate from its programmed algorithm, and therefore can skip profitable entry points, which can give a short-term effect in the form of additional profitability.

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ATR Technical Indicator

Category : Uncategorized

Each trader defines his own set of tools for analyzing a financial asset. These can be combinations of both technical and fundamental analysis, which, in synergy, are able to be united into a single trading system and demonstrate a stable result from the fix api trading.

The most popular are technical approaches in the form of patterns, technical figures, and indicators. Today, at the trader’s disposal a number of indicators has been developed that demonstrate the trend direction and display signals to enter the market. But there are very few technical indicators that point to the exit point from the market. But the Average True Range indicator was developed exactly for this purpose.

Average True Range (ATR) is a volatility indicator indicating the average movement of quotations for a certain time interval. This helps the fix api trader to understand the maximum possible volatility on the instrument and set the stop loss level, which will be greater than this parameter in points. Thus, if a trader opened a deal to buy EURUSD at a price of 1.1640, and the value of the ATR indicator is 30 points, then the stop loss should be placed below the opening price by at least 30 points.

Advantages of this technical indicator:

  1. It allows you to determine the exit point from the transaction;
  2. It can be used as a trailing stop;
  3. It is suitable for use in every trading strategy;
  4. It does not pile up the graph, because you can implement it in a text format;
  5. It is a built-in indicator in the fix api MT4 trading terminal.

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Arbitrage as a kind of speculative trading

Category : Robots

Speculative trading every year attracts more and more new players, because in the short term speculation they are able to demonstrate a greater profit potential than investment transactions. But everyone forgets about a simple logic: each kind of speculative trading consists in a correct distribution of risks and a proper capital management. However, this combination is not obtained by every fix api trader. Most stock speculators want quick and easy money without realizing that the market does not allow it. It is because of such chaotic decisions and blind faith the statistics are formed, in which almost 90% of the market players lose their funds.

I want to note the fact that I think speculation is the basis for the market movement and that huge amounts of money are being made on them. But newcomers who are only getting acquainted with the market are not able to correctly analyze the situation and enter the market. For speculation, it is necessary to enter the market correctly. Thus, at the right time, enter and exit the transaction. And if you just get acquainted with the market and do not understand the basic principles of its movement, then you will have a loss with a probability of 90% (which is again indicated by the statistics).

If you choose speculation as a source of earnings from the fix api forex market, then I highly recommend you to use auxiliary algorithms. Fortunately, we live in the era of information technology, in which you can automate every process including the fix api trading. If we consider algorithmic strategies for speculative trading, then I would single out the arbitrage method of trade.

Arbitrage is a type of speculative trading, which is based on a paired analysis of the same financial asset, but on different brokerage platforms (http://forexrobotshub.com/2018/02/14/2/ ). To put it simply, fix api arbitration allows you to analyze the same asset for the presence of exchange rate differences or delays, in order to open a short-term transaction. The very logic of the work is not new, but it is only recently used in the currency market. In order to understand the logic of work in more details, I propose you to consider a specific example:

The value of the EURUSD currency pair in one broker is 1.1630, and in the second one – 1.1620. Thus, there is a discrepancy in the size moment of 10 points, with the fact that the normative value equals 5 points. The trading robot (http://forexzzz.com/product/forex-zzz-lock-arbitrage/ ) or the auxiliary algorithm sees this discrepancy and makes two transactions: to buy at the price of 1.1620 (on the trading account in the first broker) and a sale at a price of 1.1630 (on the trading account of the second broker). When the price reaches a standard deviation (5 points), the robot will simultaneously close both transactions. Let the price was 1.1667 and 1.1662 respectively. Thus, the trader will receive a 37 points of loss on the first account and a profit of 42 points on the account of the second broker. The overall financial result is equal to 5 points of net profit.

This kind of speculative trading has a number of advantages:

  1. Minimal risk with high yield potential: due to the fact that the robot will trade with the minimum retention time, the trader will be able to make multiple positions with a profit of several points. But if you take into account the number of transactions per day (about 20-30), then you get an excellent percentage of return on a monthly basis.
  2. Automatic trading: it allows you not to waste time analyzing the asset and generate a passive source of profitability.
  3. Ability to select the key parameters for trading: setting up the necessary functionality and the method of work of the trading robot will enable allow more flexible management of the risk/yield parameter.

Arbitrage trading as a kind of speculative trading is perhaps the best option both for getting to know the market and for forming a high and stable percentage of profitability in the financial market.


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The need for social trading in the current market conditions

Category : Robots

With the development of the Internet technologies, the process of trading has become much simpler. By using the Internet, the fix api trader was able to independently send applications for opening and closing of the trading operations. And the modern computers allow you to process the market information and use trading terminals (http://forexrobotsreview.us/2017/10/24/the-main-tools-for-working-in-the-mt4trading-terminal/ )  to conduct a qualitative analysis of the price quotations for the final adoption of the investment decision. This automation certainly greatly facilitates the trader’s life, but at the same time leaves him alone with the market. If earlier, all the stock speculators have floundered in the brokerage communes or directly in the exchange chambers, today it is not that way. If you do not work in a hedge fund or an investment company, then there is none to discuss the market, the current state of affairs and share your forecast with. But I believe that it is necessary to support the social component. After all, if you communicate with other market participants, you can always adjust your forecasts, confirm the calculations and make the right investment decision. The market is very large and it is not necessary to remain completely alone. Only general communication and social component will improve the trading result. In order to enhance this social activity, it is not necessary to go to a brokerage office, but it will also be quite sufficient to use modern solutions, such as blogs, forums, social groups, and websites. A trader can also conduct a dialogue without leaving home, which is very convenient in the conditions of a volatile fix api forex market.

To more accurately use the sources of such a necessary social market promise, I will more specifically consider each of them:

  1. Blogs. This type of social activity is based on following a particular fix api trader or a group of traders. Today, blogs fill the Internet and the financial sector is not an exception. If you track someone’s personal blog, it will help you to know the opinion of a major player in the market in relation to a financial asset.
  2. Forums. There is no personalization anymore and everyone can write from themselves and share their personal analysis. For many years of their work, forums have become a kind of database that fits both beginners and professional market players. On the forums, you can see the forecasts of various market players regarding one group of assets. Due to the fact that everything is divided into “branches”, it makes it possible to track the assets you are interested in.
  3. Thematic public relations in the social networks or websites. I singled out these two different sources of information into one, for the reason that like-minded people gather on the websites or in thematic groups. Therefore, if you have the same method of analyzing assets, then you can collect the same trailers and conduct a common analysis and share it with the other participants, which simplifies the process of finding trading signals.
  4. Websites of trading signal duplication. This method is used by those who do not have the opportunity to conduct asset analysis and make transactions. Such websites allow you to duplicate the fix api traders‘ transactions for a paid subscription, do not waste time for asset analyzing and generate a passive source of income (https://fxsocialnet.com/ ).

The social component in trading plays an important role, because a trader cannot keep track of all the events in the financial market and may miss a profitable investment opportunity. But if he reads about it or sees an analysis of another market participant, he can supplement it with his knowledge and conclude a profitable deal. That’s why, I advise you to not only track information on blogs, forums and other sources, but also become an active part of the entire social process.


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Technical figures as a reliable asset analysis tool

Category : Robots

Each trader has his own tools for financial asset analysis, which are combined into a single trading strategy. It is the way the analysis will directly influence on the obtained financial result. Therefore, most fix api traders use classical elements in combination with their approach, because exactly what has been tested by the market for years is able to give a positive result. One such approach is the use of technical figures.

Technical figures are combinations of price quotes that are combined into a set of defined configurations to display a trading signal. These configurations were developed by the majority of market participants and, in the modern interpretation, received tremendous support from stock speculators.

Technical figures can be divided into two key types: trend continuation and reversal.

Figures of trend continuation

Patterns of this category allow you to determine the further trend movement. So, after the impulse growth or decline, a signal can be generated that will indicate the fix api trader that the movement is not over yet and we should expect the price quotes to continue moving to the direction where the price has directed its movement. Technical figures of this category are perfectly combined with signals for channel breakdown or support/resistance levels.

  1. Flag/pennant: these figures are formed in a monotonous manner and are based on an impulse movement, which forms a sharp volatility of the price quotes. After this jump or downturn, a zone of trading is formed, according to which we should expect a growth continuation on the length of the technical figure base.
  2. Triangle: this figure shows the channel narrowing. Quotations of the currency pair should show a consistent decrease in the local maximums, as well as the growth of the local minimums. After the fifth touch of the inclined lines, a breakthrough should occur and the price, according to this technical figure, will be half the length of the beginning of the technical pattern formation. A feature is the ability to set two pending orders (for buy and sell) and enter the trade at any breakdown of the triangle.

Trend reversal patterns

  1. Double bottom/top is formed by double swinging of the same price level. So, if the quotes have reached a minimum and two times have gradually tested these marks, we should expect a retreat from these minima and an increase from the figure’s base to the pivot point (in case of a double bottom). The signals of a double bottom or a vertex are formed identically, but mirror each other.
  2. “Head of shoulders”: the formation of this figure is very similar to the double bottom/top. The only difference is that the formation of this pattern involves three vertices with an explicit peak in the center. The breakdown of the figure’s base will indicate a change in the trend and movement, which will be equal to the length from the central peak to the base of the figure.
  3. Pin bar (http://forexrobotsreview.eu/2017/07/19/pin-bar-pattern/ ): a reversal combination that can indicate to the trader at what moment a power shift occurred in the fix api forex market. Formation is formed when quotes close below the opening price after intensive daily growth (signal for sale on the daily schedule) or after the price of the asset closes above the opening price after an intensive daily decline (buy signal on the daily schedule). This signal is in disagreement with the trend, so you should set short levels of loss fixing.

All these signals can be combined into a single trading strategy, and they will perfectly fit in combination with other elements of analysis. Moreover, the use of these figures is possible in the algorithmic trading (http://forexzzz.com/product/zzz-latency-robot/ ), which improves the quality of trading and increases the financial result. Therefore, I strongly recommend that everyone takes a closer look at this classic element of financial assets analysis.


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The Pitfalls of Algotrade in the Brokerage Companies

Category : Robots

Information technologies flooded the financial sphere. The level of Internet banking and remote systems for making transactions grows each and every day. It’s great when we do not need to wait in lines to pay our bills, but just get the phone and pay for a product or service in a few clicks. Financial markets have also come under the influence of the Internet, and today you do not need to call the broker or send a fax to complete the trade. It is quite enough to have a computer with Internet access and by clicking on the same simple button to perform a trading operation.

Undoubtedly, for a full-fledged, and most importantly profitable trade, you need to have a trading strategy with clearly defined risk and money management policies. However, you do not need to always look at the monitor for making transactions on the fix api forex market. This role was taken by the trading robots that are capable of trading around the clock and do not deviate from the given algorithm even by a single step. Such a simple logic of automatic strategies has provoked the emergence of many automatic programs for fix api trading. I’ll not tell the true if I say that the robot is a guarantor of success. No, it’s not like that at all. The robot is essentially an automatic system (http://forexrobotshub.com/2018/02/14/2/ ). And also like any other system, it is not ideal, because not even every robot is perfect in its trading interpretation. But I do not hide the fact that there are algorithms that are capable of demonstrating a huge interest rate of return. It is this huge profit potential that frightens brokerage companies, and some firms restrict or completely prohibit the algotrade.

In order for such restrictions to take effect, a broker may introduce a number of restrictions, which not every fix api trader knows about:

  1. Setting the delay in the order execution (slippage): this is the simplest and the most common way for the broker to limit trading high-frequency and speculative robots. If the logic of the algorithm is based on the principle that the transaction should be performed in a matter of a fraction of a second, the speed of execution of trading operations is extremely important in such algorithms. But if you limit this parameter, the result from the speculative transactions will be unprofitable and such an algotrade will only provoke a loss of money.
  2. Additional mark-ups: if the trading robot demonstrates a moderate increase in profit and does not overstate the risks, the broker can set additional margins and spreads to reduce the performance of the trading algorithm. The trader will lose an invisible interest rate of return, and the broker will reduce his payment risks.
  3. Non-payment of the formed profitability due to the robot trade: the most dishonest brokerage companies allow trading with algorithmic programs, take commission, but when the trader has a desire to withdraw funds, the problems start. After that it turns out that it is impossible to conduct trade with the help of a robot, or the company claims to use malicious programs, which is absurd.
  4. Display of zero prices in the trading terminal and on the server of the company: brokers that prohibit the use of programs on their accounts can specially display zero prices in the fix api mt4 terminal logs. Thus, they indicate that there was no price for a financial asset. In such a situation, the robot will close all opened trading operations, not at zero value, but at market value. Also, such a hidden nuance distorts any technical analysis with the help of indicators.

To avoid the situations, which I described above, you can use helper programs whose purpose is to disguise the transactions performed by the robot – http://forexzzz.com/product/manual-trading-add-on/ . This module of manual trading operates on the autoclick principle, and when the situation of opening a position arises, the robot’s transactions are directed into the module, and from there the transaction is opened in a standard way. Thus, the broker cannot track your algorithmic transactions and to have an influence on them.


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How to correctly choose a forex trading robot and start making money with it?

Category : Robots

It is crucial to remember that a trading robot is a system, which is based on the multiple factors, from simple indicator strategies to complex mathematical algorithms. Each of the robots can be adjusted for specific parameters of monetary risks and time intervals of trade. At the moment, about 80% of the trading operations are made by robots. So the question arises: how do the experienced traders choose the right robots and earn with them? Let’s figure this out.

A trading robot is any automate trading system that is capable to open and close positions on financial instruments. The robots can be programmed according to the different systems. The simplest robots are trading, relying on the indicators, more complex ones may be developed individually and include multiple high-frequency algorithms. Here is a list on them:

–       Print tape;

–       Wave cycles;

–       Tick volumes;

–       Supply and demand levels.

A trader may face certain difficulties while choosing a trading robot. First of all, there are numerous trading advisors, which have various success rankings. Therefore it is a challenge to identify which ones are actually good. A trader should make an accurate decision, as the wrong choice may lead to the loss of money.

Trading on the forex market cannot be 100% profitable by default as well as it is impossible to always make successful deals. Still, it is possible to minimize the loss by trading with forex robots. They help the trader to avoid psychological pressure, which occurs when entering or exiting the deal. It is critically important, as the correctly chosen robot does not have its own emotions and does not change its decisions. While a person leans to change the strategy during trading, robots don’t do it, as it can have a negative impact on the trading account. An automatic calculation of the financial risks is another great advantage of robots. Moreover, the time that remains for the trader to analyze the fundamental factors of the market is also a benefit from the trading with robots. Choosing the best robot for an automated work on the Forex market is an important step towards stable earnings.

 

How to choose a forex robot?

It is not a simple task to choose a trading robot. Any experienced trader would assure you that they’ve tested a couple of forex robots before got to work with the right one. First of all, you need to determine which strategy you are using and whether you prefer to work with simple or complex solutions. I prefer more complex alternatives such as 2leg Forex Hedge Arbitrage software available at forexzzz.com. There are also free advisors, which you can find on the internet. However, they require a lot of adjustments and support.

If I needed to choose a forex robot now, I would start to read reviews on specialized forex robot websites. You may find several of them but focus on those, which do not sell robots but provide the reviews on them. In addition, it may be a good idea to analyze the results of trading robots for their current clients. Pay attention to the drawdown, yield, recovery factor, etc. Personally, I prefer the robots which are built on the principle of supply and demand levels. They calculate the historical minimum and maximum automatically under any specified time frame.

So, it is important to be aware of the key criteria of the good software in order to choose a right robot and start earning money with it.

  1. There should be positive reviews about a robot on the specialized websites;
  2. A paid robot with good ratings is preferable to the free one;
  3. You should accurately check the free robots on the test accounts;
  4. High-frequency robots are well-suitable for scalpers;
  5. If a robot is based on simple algorithms, that doesn’t mean it’s not good;

The main challenge for the new traders may be a purchase of the paid robots assistants. Still, it is worth mentioning that it is more reasonable to spend money on the deposit than lose them with free unreliable software.


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