Best Forex Robots for trading on the Forex market.
There are lots of ways to do forex trading. There are various strategies, patterns, candlestick formation, scalping strategies, and swing trading. Out of all the various methods, the easiest, least stressful, and most efficient way to trade on the forex market is with algorithmic trading and finding the best Forex robots.
As more and more people come to this revelation or want to enter the forex trading market for the first time, they will often purchase robots from third parties. This is problematic for a few reasons.
Best Forex Robots are not in the market place.
At EA Forex Academy we teach the traders how to create Forex Robots from scratch without programming skills and trading experience.
Why the Forex Robots from the market place do not work?
First, if you do not know how the code works, you do not understand how the robot you are trusting with your trading is working.
Second, most of the time, they simply do not work. When people buy forex robots, even if they are advertised as the best out there, they cost a lot of money, and either do not work at all or do not work as promised, which leaves people feeling very frustrated.
Even if you find a robot that you can buy that works okay, it will not be the best for you. Why not? You need a robot that would make the decisions you would make if you had all the information, not a robot that would make the decisions of someone else.
Because of that, the best thing for you would be to make your own robot.
You need a robot that is designed specifically for you, to complete the trading in the time frame that you want, and that trades the assets that you want to trade.
Programming or designing your own robot can sound highly intimidating, especially if you do not have the IT (information technology) background that would make programming forex robots accessible to you.
However, it does not have to be intimidating. By using the EA Studio software, you can design and test your own forex robot without any previous experience in programming or trading.
It is an easy software to learn, and any questions you might have are answered in their free training course. Watch our free course and learn more about how this amazing software works.
Why Would You Fix What Isn’t Broken?
Some people may have chosen not to switch over to using a robot because they already have a lucrative trading strategy that works for them. If they bought a trading robot, it would come pre-programmed with someone else’s strategy that probably would not be as lucrative.
The downside to using strategies that are not automated via a program/robot is that you have to sit in front of your computer for hours at a time and have to give up a lot of free time.
With EA Studio’s software, you can get the best of both worlds. You can create a forex trading robot with your strategy programmed; you automate your own strategy.
This will allow you to make money even when you cannot sit in front of your computer or perhaps would rather be doing something else. Doesn’t it sound nice to be able to make the same amount or more and not have to be tied to your computer?
In the case that you are going in with a strategy already in mind, you can go into the EA Studio software and put in your information such as your entry rules, your exit rules, trading amounts, stop loss, and take process.
Then Expert Advisor will give you detailed data about a backtest that the software put your strategy through. If you are still happy with your strategy, with the click of the button, you can export the strategy as a trading robot for both MetaTrader4 and MetaTrader5.
The website gives you the code, so you do not need to have any knowledge about how to write it yourself.
What If You Are New to Trading Too?
Many beginner traders look for the best Forex Robots around forums, different websites and markets. Not bad. You might have luck. For some time.
On the other hand, some people may be going into EA Studio with no prior forex trading knowledge in addition to their lack of programming knowledge, which might make buying a robot with a pre-programmed strategy more appealing.
However, EA Studio software is still better for them too. Whether you do not have any strategy or you just do not have a profitable strategy, EA Studio has a tool called The Generator that can help you out.
You will go into the generator tool and put in any parameters or indicators that you want to use, and EA Studio will provide you with strategies that might work for you.
These strategies all had great backtest results, but you will be able to see each strategy’s specific data so you can choose which one is best for you.
Just like when you create your own strategy robot, you can export the provided strategies as the best Forex robots that work with MetaTrader 4 and MetaTrader 5.
How Expensive is EA Studio’s Software?
You have a few options when it comes to using EA’s Studio’s software. First of all, there are lots of things you can do with the software without spending anything.
You can generate strategies without spending any money. This means, if you are new to trading and do not have a strategy, but are not ready to spend money on a robot, you can learn some that are proven through a backtest to be lucrative.
You will get all the data you need without spending any money. Because of this, EA Studio is a great tool for anyone new to forex trading, not just people interested in doing automated/robot forex trading (though if you are new, that is the easiest.)
You can also analyze and test strategies for free, making it a great option for seasoned traders who are not ready to make the switch to robots. Maybe you have a few strategies, and you want to know what is best, or you just want to prove your strategy is as good as you think it is. Either way, EA Studio is a great tool for seasoned traders.
Second, you can try out the fifteen-day free trial. In order to export your strategies as robots, you are going to need a license, which you can obtain by signing up for the free trial.
During that time period, you can enter and generate tons of strategies, export them as robots, and trade with them. Many people make enough robots during that first fifteen days, that they do not feel the need to pay for more time.
The traders use the robots they make during that first fifteen days for months and years to up to double their accounts.
If, after those fifteen days, you want to continue to generate unlimited strategies and export unlimited robots to trade with, you can choose to purchase one of three options.
When you make a purchase, you will also get access to more courses to learn even more about forex trading and forex robots. Of course, if after the fifteen days you decide you do not want to pay anything, you do not have to. You can go back to using the features that come with the free version of EA Studio’s software.
What About the Free Course of creating best Forex Robots?
In the free course, you will learn everything you need to know to use EA Studio’s software and have successful forex trading. You will learn how to set up testing for your account and how to import your own personal data from MetaTrader.
You will learn how to review and edit trading rules and how to read and understand backtest results. Finally, you will learn how to export and use your trading robots. Everything you need to get started as an automated forex trader will be in the video course.
You do not need to worry about spending hours staring at your computer frustrated or on the phone with customer services, also frustrated because everything is right at your fingertips.
What Are the Benefits of EA Studio’s Software?
There are so many benefits to using EA Studio’s software, but here are just a few of the biggest.
- You get the biggest bang for your buck. Instead of spending tons of money on robots that do not really work for you, buying this software or even using it for free allows you to use strategies that will really work for you and what you are trying to do.
- More free time. If you are a seasoned trader, you will notice the time commitment change immediately, and if you have never done forex trading before, you do not have to experience the extreme time commitment. With this free time, you can spend time with friends or family, go to the gym, try a hobby, or anything else you want to do. You will look really cool.
- Now, when you hang out with your friends or family in your free time, you can show them all your cool trading, and they will certainly be impressed with all you are doing with your robots. Sure, they might be impressed if you do forex trading without the best Forex robots, but you will not have time to show them, and the fact that you can do it without physically sitting in front of your computer and doing it is one of the coolest parts.