MQL5 Bots and Commodities Trading Expert Advisors Code-Base Library
MQL5 code base is the official programming community for automated commodity systems commonly known as MT4 Commodities Expert Advisors or EA Commodity Robots. Expert Advisor Commodity Trading Bots is a popular topic. However, challenge is how to find a good quality commodity 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.
MetaTrader 4 forum and MT5 forum A library of commodities Bots & Automated Commodity Trading Strategies
Commodity Trading Expert Advisor Community - Automated Commodity Trading System Expert-Advisor: www.mql5.com/en/market
For a new beginner commodity trader wanting to know what is automated commodity, 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 MT4 Commodities Trading Software.
Get Free Commodity Trading EA Bots as Well as Paid Ones
About Automated Commodities Trading Bots
You can go to the MT4 forum and MT5 forum codebase website and get MT4 Commodities Trading Expert Advisor Programming Lesson and learn how to automate commodity and write an Expert Advisor. But because most traders might not want to learn a coding language or take on the task of building automated commodity systems and may want to use their time for trading commodity and making profits, for those who don't want to learn programming they can direct access the commodities trading robots listed on this Market: MT4 forum and MT5 forumMQL5 market is where programmers using EA Commodity Robots that are profitable sell their automated commodity systems, others can then buy from them or order one to be coded for them from this MT4 forum and MT5 forum codebase.
This codebase is also a good place for experienced commodity traders, it allows those who can demonstrate that they have a profitable commodities trading robot to get additional earnings by selling their EA Commodity Trading Robots, these automated commodity robots are also made available directly From the MT4 software, where potential buyers of EA Commodity Bots can access them. The screen-shot below shows how a trader can access these MT4 automated EAs on their commodities trading platform.
Access Automated Trading Bots From the MT4 Automated Commodity Trading Platform
MT4 forum Expert-Advisor Library - For Traders Wanting to Automate Trading
From above screenshot trader can access the MT4 forum Codebase Market directly from their commodity platform. A trader can then automatically install the EA on to their MT4 commodities software & begin trading with it. The Market contains free EAs as well the paid ones. One can also try out any of the above Expert Advisors EA Commodity Robots by downloading their demo version after registering in this MT4 forum Community.
As a trader wanting to get professional automated trading EAs & strategies this is where to begin.
How to Get a Commodities Trading Bot
Once you have downloaded the MT4 commodity Software and install it on your computer. You will then have to open MT4 Toolbox: The Toolbox can be opened by pressing 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 Expert Advisor Commodity Robots will appear as shown and illustrated below. You can also select a commodity trading robot from the different categories as displayed and illustrated below.
Library of Commodity EA Bots
You then can select the one which is suited for your trading style. Every item that is on this list has a detailed description of how it operates & you as a trader can use this data to choose a commodity Ea that suits your commodity methods based on this description.
There are different applications which trader can use, among the ones you can purchase are:
- Expert Advisors
- Custom Indicators
- Panels
- Libraries
- Analyzers
- Utilities
You can select any of these based on categories as displayed on the commodity example above. If you need to learn more about what is an EA Robot, custom trading indicators, panels, libraries, analyzers and utilities in commodities trading are you need to go to Codebase Community MT4 forum.
Once you have visited and decided which type of application you require, next step is to sign up & become 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 have access to multiple Expert Advisor Commodity Trading Bots. To register - go to MT4 forum Registration Page on their MQL4 site.
After signing up in the community you'll then need to obtain credits. Credits is what is used in order to obtain the automated commodity systems available. To get credit you'll first need to deposit some money into your MQL5 account.
You will then use this commodities account and the password that you obtain to set up the commodities automation on your MT4 commodities platform as displayed below. These settings will be set on your MetaTrader 4 commodities platform which is installed on your computer, & not on MQL5 web-site - but you will first obtain them from MQL5 site then set them on your MT4.
Setting Up An Account to Use for Automated Trade Commodity Trading in MT4 Platform
Log in to MQL5 Account From MT4 Commodity Trading Platform
To get to the above panel, Navigate to " Tools", Next to " File, View " at the top left corner of the MetaTrader 4 commodities trading platform. Click Tools >>> Click on Options, the above window panel will popup.
Select " Community " as illustrated above, & then type your Log in details: Your Login & Password.
Once this is complete you will now have complete access to the MT4 forum Market, and you can set-up any of the commodities trading robots on your commodity MT4 platform & start automated trading.
How to Test an Automated Commodities Expert Advisor Strategy Before Buying
Before buying an automated bot, there is also an option which is provided for to test-out & find automated trading strategies that work for you before buying - by down-loading demo edition of the robot that you want and testing it out before purchasing it. This way you can try out the automated trading commodity EA you want by testing its strategy using strategies tester window panel.
Review & Data of Automated Trading Systems Details
From above examples, the screenshot shows you how to set-up an Expert Advisor Robot from MetaTrader 4 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 trading strategies are available from MQL5 & they can also be accessed from MT4 Commodity Software. Once one obtains an Automated Trading System they can setup and launch this application from Three different Computers.
Posting of Automated EAs by Creators and Automated Commodities Analysts
As a coder of Expert Advisors that are profitable, you can get to post your EA by registering as a seller . You can get access to big number of potential customers by posting your EA bot which can become a mass selling product.
Once you have completed the sign up process, your Expert Advisors will be hosted on the MQL5 Community & you will make money every time your Expert Advisor is purchased. As the developer you get to set the commodities price for your EA, the more profitable it is then the more dollars you can set it for.
Once you setup your registration, commodities traders can then buy and download your automated bots directly from their MT4 Commodity Trading Platform. Each purchase must get an activation code from the MQL5 MT4 forum Community, the activation code is only limited to a few computers, 3 computers. Therefore no one can buy and then start reselling your Automated System because it would require an activation from the MT4 forum Community
To protect makers, each purchase is associated to account of a trader on the MQL5 site and a specific PC computer, the purchase is not associated to the broker platform neither is it associated to the commodities account with the broker. It's only associated to the account which the trader has on this MT4 forum Community.
Those wanting to buy can also try the demo versions of the Bot, but this can only be run on " Strategy-Tester", & the demo version can't be run on the real trading environment. This ensures a buyer can test out an Expert Advisor's profitability before buying it, at the same this also ensures that the demo edition of your EA cannot be used to transact on the real market, not until when it has been purchased and activated.
How to Choose Automated Commodity Bots
All EA Commodities Trading Expert Advisors are listed on MT4 automated platform have snap-shots & a brief review that trader can click and read about each.
List of EA Commodity Bots on MT4 Platform That Can Be Used for Automated Commodities
Upon clicking on any of these commodity systems, a trader can read the review its information which will include even the history of the commodities transactions made which look like this:
One can then select an automated trading program from list of those provided depending on one that is most profitable and suitable for them based on their commodities trading strategy.
These automated commodity systems can also be used to trade other financial instruments such as automated futures commodity systems to trade futures or automated commodity systems to trade Commodity Trading & automated CFDs commodity systems to trade CFDs.