Automated Platform for Trading - Best Automated Platforms
Automated platform - for traders looking at new ways of trading where they can trade their accounts mechanically/automatically by using a automated robots and programs commonly known to as a automated Expert Advisor(EA) robots that are installed on the Automated Trade Platforms - MT4 and MT5 platforms.
The automated softwares are programmed to profit from the market by currency price fluctuations, that's why these Automated Trade Platforms are sometimes referred to as automated bots, that can trade the markets mechanically.
Automated System EAs - Best Automated Platforms
Let s say that you want to begin automated trading or already have begun out but you are looking to improve your automated system, then what are the methods that you as a trader can implement so as to improve your Automated Trading Bot.
Methods and Strategies to Improve Automated System Installed on Automated Trade Platform Softwares
1.Learn MQL4 Coding language or what is basically C++ programming language.
A good place to start learning MQL4 programming language with is the MQL4 EA forum community where you as a trader can get several MQL4 automated EA(Expert Advisor) robots tutorials on - How Do I Build Automated System Robots? - How to Develop a Algorithm for Automated Trading - How to Write Code for Algorithmic Strategies - How to Make a Bot in MT4 Platform - How to Create Expert Advisor MT4 Robots - or ask automated traders using these automated systems where you as a trader can get these guides to learn this coding/programming language.
Reason you want to learn how to program these automated robots is so that you as a trader can know how to program an automated robot according to Algorithmic Code Rules which you set for your Algorithmic System Trading Robot. You will be in a better position to know & understand how to translate a manual system to an Automated Algo System that can be installed on an Automated Trading Software.
To give you a tip & a lesson in coding you will first need to specify pseudo code or the logic of your system - Algorithmic Trading Code - before translating it into an automated system Expert Advisor(EA) bot.
Once you learn a little bit of MQL4 coding this will help you quite a bit, it may not make sense now but once you start to code these automated EA(Expert Advisor) trading systems learning this programming language will definitely make a lot of sense - after all without specifying the pseudo code like the above Algorithmic Trading Code Examples you'll not make any head way in coding an automated software program, because you'll have not specified what you want the automated system to do or where you intend to start from when creating your algorithmic bot.
2. Learn what metrics the automated system requires
Automated Platforms Software for Beginner Traders - Automated platforms softwares used to trade the market without involving any human intervention are just a set of algorithms which mimic strategies, in fact these automated algorithms are the trade strategies themselves.
Traders using automated algorithms will take a trade strategy, program that strategy to come up with Algorithmic Code - this algorithmic code will be used to create the Automated Algo Software - forex automated system, some traders using the popular MT4 automated platform, will commonly refer to these automated software programs as EA or Expert Advisors(EAs) - these EA robots are installed on the Automated Trade Platforms - MetaTrader 4 Softwares/Platforms - these automated EA(Expert Advisor) robots are implemented using the popular MQL4 programming language, found within the MetaTrader 4 platform software.
MetaTrader 4 Platform - Automated Softwares MT4 Platform
A good Automated Trade Platforms example is the MetaTrader 4 robots installed on the MetaTrader 4 softwares using the MQL4 programming environment. The MetaTrader 4 EA bots have so much parameters to optimize before implementing to trade on a live account, such that as a novice if you don't optimize for any one of these parameters then your Expert Advisor(EA) automated system might not be as profitable as it should.
Therefore make sure to know which parameters to optimize for your automated Expert Advisor(EA) and also know how to optimize for these parameter settings.
MT4 Strategy Tester - Automated Trade Platforms Expert Advisor(EA) Strategies Tester
3. Host Your Automated Systems Expert Advisors(EAs) on a VPS Server
Another thing that is coming about when it comes to these algorithmic trading systems is the VPS hosting or virtual private server hosting for Expert Advisor(EA) Robots, so that these Expert Advisor Bots can trade from the servers round the clock as opposed to the Automated Expert Advisors(EAs) trading from your Personal Computer.
VPS for EA hosting - Virtual Private Server for Hosting Automated Trade Platforms and Expert Advisor(EA) Bots
The thing about automated bots is that these automated trading systems need extensive testing so as to deal with the changing and dynamic nature of the markets.
For Expert Advisors(EAs) you need to host these Automated Systems on a VPS server that can run your robots 24 hrs nonstop, all you have to do is to hire a VPS for about $20 - $50 dollars, then install a MT4 platform that you'll download from your broker on this VPS server & then install you automated software on the MetaTrader 4 on the VPS servers and login and sign in to your account from MT4 hosted on the VPS server and activate the Expert Advisors to run continuously on the VPS server machine.
Hosting Automated Trade Platforms Software on a VPS server ensure that internet interruptions do not interfere with your automated robots that need to be in the market full time. Secondly, you as a trader can not run your Automated Expert Advisors(EAs) on your Personal Computer 24 hrs a day.
4. Get a Good Broker - Choose a Good Automated Broker
This might not seem as a factor when it comes to improving the results of your automated system, but consider this: A broker notices you are executing trades that are profitable & your trades are executed by scripts that are used by Expert Advisors, so the broker is not a very good online broker and maybe is a market maker, MM that profits when you accrue losses, so the online 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 that beats your automated system hands down. So the online broker implements Virtual-Dealer Plugin then now when your automated trading system puts a trade position it gets a requote such that this confuses your EA robots, then the virtual dealer-plugin sometimes off-quotes your automatic trade system, or it logs off your automated software for an hour such that when your automated system logs in back again then the trading signals it generates aren't predictable.
So do yourself a favor get a genuine Automated Trading Broker that will not manipulate your Expert Advisors(EAs) when you will be trading with these Automated Platforms.
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