Build your own forex robot

Use MetaTrader To Build Your Own Automated Forex Trading Robot.

MetaTrader 4 (MT4) & MT5 software trading platforms are easy to use online trading platforms with technical analysis capabilities. They were specially designed for online trading with the development and operation of automated trading systems in mind.

The programs have the ability to have expert advisor's (EA'S) plugged into them to fully automate the trading process, thereby creating a fully functional mechanical trading system. Your very own forex robot that trades for you. They can of course also be setup so that they can used in a semi automated fashion in conjunction with manual trading.

Traders using MetaTrader have the choice of;

Using the platform manually without an Expert advisor attached. (Manual Trading) or Purchasing an expert advisor program(s) and plugging it into the MT platform or Obtain free expert advisor program(s) through forum member groups or similar interest groups on the internet or Developing their own expert advisor program(s) or All of the above or any combination thereof. It is also possible to setup several expert advisor programs trading at the same time as well as trading manually. (attach each different EA to their own chart along with different order numbers / magic numbers).

MetaTrader was Developed by MetaQuotes Software Corp (metaquotes)

MQL4 Introductory course.

Developing your own expert advisor system / forex robot will require some knowledge of MetaQuotes Language 4 (MQL4). For those whom have no previous programming experience but would like to learn there is a free book written by Sergey Kovalyov "MQL4 Introductory course" which is an excellent publication that starts at the beginning to make the learning process easier to understand. Click here for a copy of this free course.

Expert Advisor Builder for MT4.

If you don't want to learn the programming language MQL4, a fast alternative is to use this 'Expert Advisor Builder'. Easy way to build your expert advisor.

Or get a programmer to build your robot for you here.

Or buy an inexpensive software EA builder that can creates Expert Advisors without the need to learn programming. Find a few recommended software companies on this page here.

If you would prefer to become an expert in the MQL language, Steve Fleming offers a video course specifically designed for new comers whom would like to learn through video instruction how to write the source programming code themselves. Read more here.

Backtesting in MetaTrader.

It is also very important to understand how to backtest and optimize a trading strategy properly. Most traders think they know how but don't really understand the importance of "walk forward" testing. Read a bit how it works here.

They now have MT5 available.

Free Expert Advisor Robots.

ForexMT4 hosts a library of free expert advisors. To get your free EA go to forexmt4.

Where to Download MT4 Software.

The actual downloading of the MT4 software is best done through your own chosen forex broker, assuming they utilize this platform.

There are currently hundreds, if not thousands of forex brokers whom utilize the MT4 software. In addition, many other brokers adding the software to their firms daily.

For information you need to know about choosing a forex broker, click here.

To view the features of Version 5, it is available at metatrader5.

Further Help and Assistance with MT4 & MT5 automated trading.

Excellent content and member posts can be found at the MQL4 Community forum at mql4. mql4.

Also, the forum at forex-tsd has plenty of help and resources. forex-tsd.

Also, brainyforex articles here.

To consider strategies to program into expert advisors go here.

Trading idea's from the 2008 championship winners.

To review actual system results for the 2008 Automated Trading Championships and find out what made the top three forex robot systems so good click here.

Need help setting up your forex trading robot?

Hands on assistance is available for those whom would like a forex expert to set up their forex trading robot for them. Go to fxinstall.

Advanced Metatrader user and would like to go public with your EA?

Read about the journey of how a couple of traders found out there was a lot more work involved than they had imagined in releasing their private trading system to the public here.

New! Comments.

FOREX BROKERS.

FOREX OPTIONS.

EDUCATIONAL.

ADMINISTRATION.

Who said automated trading systems don't work? Check out our brainyforex robot testing page here.

Forex trading involves substantial risk of loss. Read disclaimer here.

(C) Copyright 2009 - 2017 Brainyforex. All Rights Reserved.

Build Your Own Forex Trading System.

Over the next few months we'll be adding a set of lessons to the Trading Gurus website that will teach you how to create your very own forex trading system. The course comes complete with example "robots" written using the MetaTrader 4 programming language which is called MetaQuotes Language 4 (or MQL4 for short).

The first example is extremely simple. It stays in the market all the time. It enters long on an uptick, and short on a downtick. It uses a fixed profit target and a fixed stop-loss. That's it! Despite these limitations in the right circumstances it can "predict the future" with 100% accuracy. That's even better than Forex Megadroid!

Build Your Own Forex Trading System.

Over the next few months we'll be adding a set of lessons to the Trading Gurus website that will teach you how to create your very own forex trading system. The course comes complete with example "robots" written using the MetaTrader 4 programming language which is called MetaQuotes Language 4 (or MQL4 for short).

The first example is extremely simple. It stays in the market all the time. It enters long on an uptick, and short on a downtick. It uses a fixed profit target and a fixed stop-loss. That's it! Despite these limitations in the right circumstances it can "predict the future" with 100% accuracy. That's even better than Forex Megadroid!

Auto Pro Forex Trading.

#1 robot builders for professional traders! 100% Automated Trading! Trade live or backtest your own trading strategies.

Let us build the most flexible and customizable forex robot on the market. You provide trading strategy and we build it for you.

WHAT CAN YOU DO WITH IT? TRADE 1 INDICATOR OR ALL TOGETHER.

-Trailing Stop Activation Point.

-Trailing Stop in Steps.

-Stealth Stop Loss (hidden from broker)

-Stealth Take Profit (hidden from broker)

INDICATORS.

-If custom indicator (not found inside MT 4) it will have to be MQL4 file and cost extra.

-See price options based on number of indicators your EA uses.

EA Robot with up to 4 Indicators.

BUY NOW $99!

EA Robot with up to 8 Indicators.

BUY NOW $199!

EA Robot with Custom Indicator.

Add Custom Indicator.

$49 per Custom Indicator.

Robot for Metatrader 4. You will receive your download within 48 hours of providing complete trading strategy. One License will be provided for Demo account and one license for Live account. You will receive ex4 file. If you wish to own copyright to the product and receive mql4 file the fee is $997.

Expert Advisor "EA". In any market where there's a potential for profit, there's also a risk of loss. Use our robots/softwares/EA at your own risk.

All robots/softwares/EAs as provided "AS-IS", and we disclaim any warranty or liability obligations to you of any kind. UNDER NO CIRCUMSTANCES WILL WE BE LIABLE TO YOU, OR ANY OTHER PERSON OR ENTITY, FOR ANY LOSS OF USE, REVENUE OR PROFIT, LOST OR DAMAGED DATA, OR OTHER COMMERCIAL OR ECONOMIC LOSS OR FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, STATUTORY, PUNITIVE, EXEMPLARY OR CONSEQUENTIAL DAMAGES WHATSOEVER RELATED TO YOUR USE OF OUR SOFTWARES/ROBOTS/EA. You are advised to demo test every robot/software/EA before use on real account.