Use MetaTrader To Build Your Own Automated Forex Trading Robot

MetaTrader 4 (MT4) software trading platform is an easy to use online trading platform with technical analysis capabilities. It was specially designed for online trading with the development and operation of automated trading systems in mind.

The program has the ability to have expert advisor(s) plugged into it to fully automate the trading process, thereby creating a fully functional mechanical trading system. Your very own forex robot that trades for you.

Traders have the choice of;

1. Using the MT4 platform manually without an Expert advisor attached. (Manual Trading) or
2. Purchasing an expert advisor program(s) and plugging it into the MT4 platform or
3. Obtain free expert advisor program(s) through forum member groups or similar interest groups on the internet or
4. Developing their own expert advisor program(s) or
5. All of the above or any combination thereof. It is also possible to setup several expert advisor programs trading at the same time as well as trading manually.

MT4 was Developed by MetaQuotes Software Corp (www.metaquotes.net)

MQL4 Introductory course

Developing your own expert advisor system / forex robot will require some knowledge of MetaQuotes Language 4 (MQL4). For those whom have no previous programming experience but would like to learn there is a free book written by Sergey Kovalyov "MQL4 Introductory course" which is an excellent publication that starts at the beginning to make the learning process easier to understand. click here for a copy of this free course

Another excellent information source with articles on the step by step process for creating your own expert advisor is found at alpari-forex.com Go to www.alpari-forex.com click here

Expert Advisor Builder for MetaTrader4

If you don't want to learn the programming language MQL4, a fast alternative is to use this 'Expert Advisor Builder'... Easy way to build your expert advisor.

Free Expert Advisor Robots

ForexMT4.com hosts a library of free expert advisors. To get your free EA go to www.forexmt4.com click here

Where to Download MT4 Software

The actual downloading of the MT4 software can also be done through your own forex broker, assuming they utilize Metatrader4?

There are currently hundreds of forex brokers whom utilize the MT4 software. In addition, many other brokers adding the software to their firms daily.

For information you need to know about choosing a forex broker, click here.

To download the MT4 software directly from Metaquotes.net the developers of the software the website is www.metatrader4.com. go to www.metatrader4.com click here

Further Help and Assistance with MT4 automated trading

Excellent content and member posts can be found at the MQL4 Community forum at http://www.mql4.com. go to www.mql4.com community click here

Also, the forum at forex-tsd.com has plenty of help and resources. Go to www.forex-tsd.com click here

Trading Strategies

To consider strategies to program into expert advisors go here

Trading idea's from the 2008 championship winners

To review actual system results for the 2008 Automated Trading Championships - Find out what made the top three forex robot systems so good - click here
Need help setting up your forex trading robot?

Hands on assistance is available for those whom would like a forex expert to set up their forex trading robot for them. Read more about the service provided by RobotSetup.com.

Save $30/60 per month on EA Automated Robot Hosting. Free through FastbrokersFX if you trade a minimum volume of 50 full lots per month.

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