Forex markets

Press releases

How to Automate Forex Trading

How to Automate Forex Trading
At the present time, today everyone is interested in stable earnings on the Internet, and one of such earnings, which we will talk about this hour, is working in the forex market. No, we will not go into the details of the forex market, but we will learn how to make everything go fully automatic, and we will just sit and watch how everything happens.
I think that many are already familiar with what the Forex market is and how to make money on it, and even an inexperienced Internet user can download a trading platform to his computer for further work on it. But not many people know how to automate trading, so let's break it down and try to understand how it all actually works.
How to Automate Forex Trading

How to Automate Forex Trading

And so let's say that you already have a trading account with a certain broker, as well as you have downloaded the trading platform of this broker on your computer. Now we need everything to work automatically and for this we need to find a good robot for this trade. That is, this robot or Expert Advisor, as it is usually called, after being installed in the trading platform, should trade itself without any help, and at the same time, looking at it, we enjoy the profit that will be obtained in the trading process.
Before installing such a robot, you need to determine its trading strategy, that is, you need to understand what algorithm it trades by. Some robots are made to order, and if you have your own cheated trading strategy, you can make an order to the programmer so that your advisor will trade according to your rules and no more. But on the Internet there are a large number of already made advisors that trade according to their personal strategy and such advisors are distributed absolutely free of charge.
Let's go further and now we need to make sure that the advisor does not trade on your personal computer, but for trading to be conducted on a dedicated server, because we absolutely do not need our computer to be turned on around the clock. Therefore, it is necessary to order a VPS for forex trading, there are a great many such dedicated servers on the Internet, and they will allow you and me to upload a trading platform with our robot to this server, which will trade continuously day and night.
Now that we understand everything, let's decide what actions we need to take first. First, let's order a VPS and go to it using the username and password that you were given when ordering it. These registration data should be kept in a safe place, as you will sometimes have to go to your dedicated server and check the trading of the advisor. Then you need to upload to this server the trading platform of your broker with whom you registered your trading account. To do this, go to the VPS and drag the installation file of the trading platform from your computer with the mouse of your computer, and then install the trading terminal in the same way as you did earlier on your computer. Next, on your VPS, open the folder of the trading platform called “Experts”, copy the advisor, or simply drag it to this folder. Restart the trading platform on the dedicated server after all the procedures, otherwise it will not see your advisor.

That's it, now all our main actions are over, and you can see that our robot is on the left side of the platform in the advisors section. Hover the mouse over it and click on it to enable it later. When enabled, enter the necessary parameters of the advisor, which will be shown on the screen, and put a tick so that the trading platform will allow the advisor to trade. When the EA is correctly installed, you can see a small smiley face in the upper right corner of the trading terminal, which will smile at you when looking at you. Congratulations, you have done all the steps correctly and in the proper order, and now enjoy your robot's trading!

Author’s Posts

Image

Download Our Mobile App

Image
Image