Tag: automated trading

4 Reasons to Use a Forex MT4 Robot in Trading

Trading Articles
Nowadays, many people are smart to already know much about what Forex is and how the trading process is going. Forex market’s daily turnover in average varies between two to three trillion dollars. Due to advancements in the technology, many new traders are entering the market in search of wealth. For such people, it’s the automated Forex trading systems or Forex trading robots that could become an essential tool and help them to compete with the large financial institutions and banks that also trade in Forex. So why you need a robotic virtual hand in FX trading? Below I put four reasons, which put my personal trading to a new level and helped me to raise my trading income. 1. Ease to Operate Probably, in the closest future our surgeons won’t be operating with their hands, but use a r

Automated forex trading systems – Introduction

Trading Articles
Automated Forex trading systems are used to analyze the Forex markets based on strategies and methods that are utilized by successful forex traders. Automated forex trading systems combine a mix of of artificial intelligence, technical analysis such as Fibonacci, pivot points, custom indicators, statistical and inter market data. This translates to the automated forex trading system in identifying ideal trading opportunities and adapt itself to actual market conditions. The ease of forex trading online has now made it possible for forex traders at all levels to make use of and take advantage of automated forex trading, which is fast gaining popularity amongst both new and experienced forex brokers. One of the biggest advantage of automated forex trading comes from the fact that it el...