FAQ: automatic trading Automatic trading MQL4 MQL5 Metatrader
What are automatic commercial systems MQL5?
A commercial system is a set of rules which regulates all purchase and sales signals.
With the constantly enlarged efficiency of computers have also strongly changed the spreading and the possible application possibilities of manual commercial systems. Now it is also to be programmed for the private investor possibly automatic commercial systems.
The programming, can appropriate of the trader or he lets himself program his commercial system by his wishes. The costs amount here to approx. 1.000 Euros, nevertheless, is depending on the program expenditure. An automatic commercial system is a computer program which generates independently purchase and sales signals and if requested keeps the trader, in addition, always via SMS up to date. There are different attempts to program these commercial systems. Most programs use in addition several Indicators.
Roughly you can divide commercial systems into 2 groups: 1. Group: fully automatic commercial systems here all decisions are taken from the trader, the commercial system supervises everything and informed the Trader about all steps, e.g., SMS. 2. Group: semiautomatic commercial systems these commercial systems take the user from a lot of work, however, depend still on his cooperation.
The question which of these both groups is better you can badly answer, because it can become difficult according to commercial system to automate everything. Some traders may meet it also if many duties are taken from you, however, at last from the provided information and on grounds of your experience your decisions by hand.
Which advantages offer automatic commercial systems? you must not place the orders yourselves or close and also be online not constantly. You can begin trade at every time from your computer or stop. Thus you have any time idea and full control of your personal commercial discount payment and all transactions! human emotions are eliminated and discipline are raised quickness expeditiously 24 hours daily, 5 and a half days the week trade (nobody miss from signals) diversification in new magnitudes (in different time frame, currencies and commercial systems) quick checking of own or foreign commercial attempts by baking testing of the signals in the past
Summarised you receive by an automatic commercial system absolutely new possibilities in many areas. A successful trader which has not automated at least parts of his analyses is hardly to be found in the world.
Risk warning: Trade with the offered products (e.g., CFDs), also about automated trade, contents a high risk for your capital. Speculate only with money, their loss you can also afford. These products are not suitable for all investors; you have to guarantee, that you are involved in the risks completely and consult independent help if necessary. Successful investment results in the past do not guarantee success in the future. Telephone calls can be taped.
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