MQL5 Automated Robots and EAs Code Base Forum
MQL5 code base is the official coding community for automated systems commonly known as MT4 Automated Expert-Advisors or EA Robots. EA Robots is a popular topic. However, challenge is how to find a good quality stocks robot. This is where MQL5 EA Market comes in: hosted by Meta-Quotes Software Corp., The Developers of MetaTrader Platform - to get a good quality EA one Should join this codebase.
MT4 forum and MT5 forum A library of trading Bots & Automated Strategies Methods
EA Community Forum - Automated System Expert-Advisor: www.mql5.com/en/market
For beginner trader wanting to know what is automated stocks, the place to start at is at the official MQL5 codebase MT4 forum and MT5 forum that is hosted by MetaQuotes Software Corp. The maker of MetaTrader 4 Software.
Get Free EA Bots as Well as Paid Ones
About Automated Robots
You can go to the MT4 forum and MT5 forum codebase website and get MT4 Automated Expert-Advisor Coding Lesson and learn how to automate stocks & write an Automated Expert-Advisor. But because most traders might not want to learn a programming language or take on the task of building automated systems & might want to use their precious time for trading stocks & making profits, for those who do not want to learn coding they can direct access the trading robots listed on this Market: MT4 forum and MT5 forumMQL5 market is where programmers using EA Robots that are profitable sell their automated systems, others can then buy from them or order a strategy to be coded for them from this MT4 forum and MT5 community forum codebase.
This codebase is also a good place for experienced traders, it allows those who can demonstrate they have a profitable trading robot to get additional earnings by selling their EA Robots, these automated robots are also made available direct From the MetaTrader 4 software, where prospective customers of Expert Advisor Robots can access them. Screenshot below shows how a trader can access these MT4 automated EAs on their trading software.
Access Automated Robots From Meta Trader 4 Automated Software
MetaTrader 4 forum Expert Advisor Library - For Traders Wanting to Automate Trading
From above image one-can access the MT4 forum Codebase Market directly from their platform. A trader can then automatically install the EA onto their MT4 platform & start trading with it. Market contains free Automated Expert-Advisors as well the paid ones. One can also try any of the above Expert Advisors EA Robots by downloading their demo version after registering in this MT4 Code base Forum.
As a trader wanting to get professional automated systems and strategies this is where to start.
How to Get a Bot
Once you have downloaded the MetaTrader 4 Software and install it on your computer. You'll then have to open MT4 Toolbox: The Tool Box can be opened by clicking the CTRL+T keyboard shortcut keys. After launching the toolbox choose " Market " tab as displayed and illustrated on the screen shot below.
A list of the available Automated Expert-Advisor Bots will appear as it is shown below. You can also select a stocks bot from different categories as displayed below.
Code-Base Library of Expert Advisor Robots
You then can select the one which is suited for your style. Every item that is on this list has a detailed description of how it operates and you as a trader can utilize the data to choose a stocks Ea that suits your strategies based on this description.
There are various applications that trader can use, among the ones you can purchase are:
- Expert-Advisors
- Custom Technical Indicators
- Panels
- Libraries
- Analyzers
- Utilities
You can choose any of these based on the categories as displayed on the example above. If you need to learn what's an automated Automated Expert-Advisor, custom technical indicators, utilities, panels, libraries and analyzers on platform are you will need to visit the Codebase Community MT4 forum.
Once you have visited & decided which type of application you require, next step is to register and become a part of this MT4 forum coding community. After signing up you'll then get an account and you can interact with the other forum members and get access to multiple Expert Advisor Bots. To sign-up - go to MT4 forum Registration Page on their MQL4 site.
After signing-up in the community you will then needs to get credits. Credit is what is used to obtain the automated systems available. To get credit you will first need to deposit some money in to your MQL5 account.
You will then use this account and the password which you obtain to set up the automation on your Meta Trader 4 platform as shown below. These settings will be setup on your MetaTrader 4 platform that's installed on your Desktop computer, and not on the MQL5 web site - but you will first get them from the MQL5 community forum web site then set them on your Meta Trader 4.
Setting Up An Account to Use for Automated Trade Stock on MT4
Sign in to MQL5 Account From Meta Trader 4 Software
To get to the above window panel, Navigate to " Tools", Next to " File, View " at tops left corner of MetaTrader 4 platform. Click on Tools >>> Click on Options, the above window will pop up.
Select the " Community " as shown above, and then type your Login details: Your Login & Password.
Once this is accomplished you will now have access to the MT4 forum Market, & you can set-up any of the trading robots on your stocks Meta Trader 4 software and start automated trading.
How to Test an Automated Automated Expert-Advisor Strategy Before Purchasing
Before buying an automated bot, there is an option to test out and find the automated trade strategies that work for you before purchasing - by downloading the demo version of the robot you want and testing it before purchasing it. This way you can try the automated trading Expert-Advisor you want by testing its strategy using strategies tester window panel.
Review and Information of Automated Strategies Details
From above example, the screenshot shows you how to set-up an EA from MT4 tool box by buying it using your credit points or by first downloading demo bot download version to test-out the strategy.
All these automated trade strategies are available from the MQL5 community and they can also be accessed from MT4 Software. Once one gets an Automated System they can then activate and open this trading application from 3 different PC Computers.
Posting of Automated Expert Advisors by Creators & Automated Stocks Analysts
As a coder of Automated Expert-Advisors that make profits, you can join this community forum & post your EA by signing up & registering as a seller . You can then get access to a big number of potential customers by posting your EA bot which can get to become a mass selling product.
Once you have completed the register process, your EAs will then be posted & hosted in the MQL5 Community and you will make money on every instance your EA is boughtpurchased. As the creator of the Expert Advisor Robot you get to set the selling price for your Expert Advisor Bot, the more profitable it's the more dollars you can set it for.
Once you have completed setting up your registration, traders can then buy & download your automated bots direct on their MT4 Software. Each purchase must get an activation which is in form of a code or number from MQL5 MT4 forum Community, the activation code is only limited to a few computers, 3 computers. Therefore it means no trader can purchase and then start reselling your Automated System because it would require an activation from the MT4 forum Community
So as to protect the developers, each purchase of an Expert-Advisor bot is associated to the account of a trader on MQL5 website and a specific PC computer, the purchase is not associated to the online broker software and also it isn't associated to the account with online broker. It's only associated to the specific account which the trader has in this MetaTrader 4 Codebase Community.
Those wanting to purchase can also first try the demo versions of the Bot, but this demo version can only be implemented on " Strategy Tester", & the demo version can't be run on the real environment. This ensures that a buyer can test an EA's profitability before buying it, at the same it also ensures the demo edition of your Expert Advisor can't be used to trade and transact in the live market, not until it has been purchased & activated.
How to Choose Automated Bots
All EA Expert Advisors are listed on the MT4 automated software have snap-shots and a brief review that one-can click & read about each.
list of Automated Expert-Advisor Bots in MetaTrader 4 Platform That Can Be Used for Automated Stocks
Upon selecting and clicking on any of these systems, one can read the review its info which will include even the history of the transactions made that look like this:
One can then choose an automated program from list of those provided depending on the one that is most profitable and suitable for them in reference to their strategy.