Forex robot
Forex Robots
Below are the list of popular forex trading robots that are widely circulated around the Forex trading community.
You will find a list of news updates , reviews and opinions that regarding these forex robots.
All news and reviews are extracted from major forex reviewers, vendors and bloggers. We do occasionally do a short review definition found on top of their respective review pages.
Forex robot
Forex Robots or expert advisors are scripts coded with automated forex trading strategies.
You import the scripts into MetaTrader platform and your robot will enter/exit trades for you automatically 24 hours around the clock. As such. you have to always leave your pc on. If not, you can host your forex trading robot on a VPS (Virtual Private Server).
Some traders prefer to use automated trading robot as their sole trading system and others using it to manage part of their portfolio. How well forex robots work depends on the adopted strategies and money management system.
To understand how well your forex robots work, you should ask or backtest the robot software. You will get a better idea on their performance (risk/reward ratio, consecutive wins and losses and etc).
Above are some of the best forex robots around. We have done detailed reviews on them to help you understand more.
Forex robot