Expert Advisor Software

Best Automated Software for traders looking at new techniques of xauusd where they can automate trading using a EA Software and trade their accounts automatically using a EA software or what is oftenly referred to as a Automated EA bot.

The best automated EA software platforms are coded to make profit from the market by market fluctuations, that's why they're sometimes referred to as bots, that can trade the market automatically.

Expert Advisor Software

Let’s say you want to begin automated trading or already have started but you are looking to improve your automated EA system, then what are the methods that you can implement so as to improve your EA.

Methods to improve automated System.

1.Learn MQ4 Expert Advisor Programming language or what is basically C plus plus coding language.

A good place to start with is the MQL4 Expert Advisor community where you can get several MQL4 tutorials or ask traders using these Expert Advisor softwares where you can get these tutorials to learn this programming language.

Reason you want to learn how to program these Expert Advisor software robots is so that you can know how to program a EA according to rules which you set for your automated system. You will be in a better position to know how to translate a manual system to an automated EA software platform.

To give you a tip & a lesson in programming you will first need to state pseudo code or logic of your system before translating it into an automated system.

Once you learn a little bit of programming this will help you quite a bit, it might not make sense now but once you begin to code these Expert Advisor software systems it will definitely make a lot of sense, after all without specifying the pseudo code like the above example you'll not make any head way in programming an automated EA, because you'll haven't specified what you want the automated trading system to do or where you intend to begin from.

2. Learn what parameters the automated system requires

Automated platforms used to trade the online market without involving any human intervention are just a set of algorithms which mimic trade strategies, in fact these algorithms are the trading systems themselves.

Traders using automated Expert Advisors will take a strategy, program that system so as to create an Automated EA xauusd system, some traders using the popular MetaTrader 4 Expert Advisor platform software, will commonly refer these programs as Expert Advisor or Expert Advisors, that are implemented using the popular MQL4 programming language, found within the MetaTrader 4 software platform.

MetaTrader 4 software

A good example is the MetaTrader 4 robots that have so much parameters to optimize, such that as a novice if you don’t optimize for any one of them then your Expert Advisor system may not be a profitable as it should.

Hence make sure to know which parameters to optimize for and how to optimize for these parameters.

MetaTrader 4 Expert Advisor Strategies Tester

3. Host your automated strategies on VPS server

Another thing that's coming about in when it comes to these system is the VPS for xauusd Automated Expert Advisor hosting or virtual private server hosting for Automated Expert Advisor Robots, so that they can trade from the server round the clock as opposed to these Automated Expert Advisors trading from your Personal Computer.

VPS for EA hosting - Virtual Private Server

The thing about automated trading is that they need extensive and thorough testing so as to deal with dynamic nature of the market.

For Automated EAs you need to host it on a VPS server that can run your EA bots 24 hours nonstop, all you have to do is to hire a VPS server for about $20 - $50, then install a Meta Trader 4 from your broker on this VPS server and then setup your automated strategy in MetaTrader 4 & sign in to your account & activate the EAs to run continuously on the VPS hosting server.

Hosting on a VPS Server ensure that internet interruptions don't interfere with your robots which needs to be in the market full time. Secondly, you can't run your Automated Expert Advisors on your Personal Computer 24 hours a day.

4. Get a reliable broker

This may not seem as a factor when it comes to improving results of your automated trading system, but factor this: A broker notices you are executing trades which are profitable & your trades are executed by scripts which are used by EAs, so the online broker isn't a very good broker and maybe is a market maker broker that profits when you make losses, so the broker also has been in this game longer than you & knows that when you come to them with a profitable automated trading systems they also have their own virtual dealer plugin which beats your automated trading system hands down. So the broker implements Virtual Dealer Plugin then now when your automated trading system puts a trade it gets a requote such that this confuses your EA bots, then virtual dealer sometimes off-quotes your automatic xauusd system, or it logs off your software for an hour such that your software logs back again then the signals it generates aren't predictable.

So do yourself a favor get a reliable broker that will not manipulate your Automated EAs when you will be trading with these Automated Platforms.