Automated forex trading is a method of trading foreign currencies with a computer program. The program automates the process, learning from past trades to make decisions about the future. more MetaTrader 4 is the most popular trading platform offered by forex brokers such as Pepperstone, Plus500, and EasyMarkets.The ‘Top 5’ main features of MT4 are: Flexible and convenient trading with three execution modes, as well as two market and stop orders.; Analytic functions: interactive, customisable charts with nine timeframes and 30 technical indicators. Automated Forex trading brokers are the Forex brokers who allow their clients to use trading robots to execute trades, automating all or part of the trading process.. A huge majority of Forex / CFD traders allow automated trading. The few brokers that are not automated Forex trading brokers fall into two categories: the ones that only offer trading platforms which do not support trading robots ... While testing new Forex automatic trading software, run the tutorial, or any other training function in order to see if it is appropriate and answers all of your questions. Additionally, you may have to call the support desk for answers to complex questions about programming, like the buy-sell criteria, and exploiting the system in general. Automated forex trading is an algorithm-based, hands-off approach to trading. An automated trader is a computer program that analyses price patterns, decides whether to buy or sell and executes the trade. Human intervention resumes to choosing and tweaking trading algorithms based on performance.
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