Automated Stock Trading Programs - MT4 Robots and Expert Advisors
MQL5 code base is the official programming community for automated stock trading programs commonly known as EAs or Expert Advisor Stock Robots. Expert Advisor Stock Robots is a popular topic. However, the challenge is how to find a good quality Expert Advisor robot. This is where MQL5 Expert Advisor Market comes in: hosted by MetaQuotes Software Corp. , The Developers of MetaTrader Platform - to get a good quality EA one Should join this codebase.
A library of Bots & Automated Stock Trading Programs
Stock EA Forum - EAs (Stock Bots): www.mql5.com/en/market
For a new beginner wanting to know what is an automated stock trading programs, the place to start at is at the official MQL5 codebase that is hosted by Meta Quotes Software Corp. The maker of MT4 stock Trading Software.
Get Free automated stock trading programs as Well as Paid Ones
About Automated Stock Trading Programs
You can go to code base web-site & get MT4 Automated Forex Expert Advisor Programming Lesson and learn how to automate forex trading and write an EA. But because most people might not want to learn a coding language or take on task of building automated stock trading systems & might want to use their time for trading currencies and making profits, for those who do not want to learn coding they can directly access the stock trading robots listed on this market: where coders using Expert Advisor Stock Robots which are profitable sell their automated systems, others can then buy from them or order for one to be coded for them from this code-base.
This code base is also a good place for experienced stock market traders, it allows those who can demonstrate that they have a profitable stock trading robots to get additional earnings by selling their Expert Advisor Stock Robots, these are also made available directly From the MT4 software, where potential buyers of Expert Advisor Stock Bots can access them. The screen-shot below shows how a trader can access these MT4 automated trading EAs on their platform.
Access Automated Trading Robots From MetaTrader 4 Automated stock Platform
EA Library - For Traders Wanting to Automate Stock Trading
From the above screenshot trader can access the Codebase Market directly from their software. A trader can then automatically install the Expert Advisor onto their MT4 platform and start trading with it. The Market contains free forex Robot Expert Advisor Stock Bots as well the paid ones. A trader can also try out any of the above by downloading their demo edition after registering in this Community.
As a stock market trader wanting to get professional automated Expert-Advisor robots & strategies this is the place to start.
How to Get a Stock Trading Robot
Once you have downloaded MT4 Software and installed it on your computer. You will then have to open MetaTrader 4 Toolbox: The Toolbox can be accessed by pressing CTRL+T keyboard shortcut keys. After launching the tool box select " Market " tab as illustrated & shown on screen shot below.
A list of the available Expert Advisor Stock Bots will appear as it is illustrated below. You can also choose a FX trading bot from the different categories as shown & illustrated below.
Library of Stock Expert Advisor Stock Bots
You can then choose the one that is suited for your stock market trading style method. Each and Every item on this list has extensive description of how it operates & you can use this data to select one that is suited for your methods based on this description.
There are different applications which one-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 illustrated & shown on the image above. If you need to learn what is an Expert Advisor, custom technical trading indicators, panels, libraries, analyzers & utilities are you need to navigate to Codebase Community.
Once you've visited & decided which type of application you require, next step is to sign up & become part of this programming community. After signing up you will then get an account & you can interact with other forum members and have access to multiple Expert Advisor Stock Robots. To sign up - go to Registration Page on their web site.
After signing-up in community you will then need to obtain credits. Credits is the currency which is used in order to obtain the automated systems available. To get credits you will first need to deposit some money into your MQL5 account.
You will then use this account & the password which you get to set up the stock trading automation on your MT4 software as displayed below. These settings will be set on your MetaTrader 4 software that is installed on your computer, & not on MQL5 web-site - but you will first obtain them from MQL5 site then set them on your MetaTrader 4.
Setting Up An Account to Use for Automated Trade in MT4 Software
Login to MQL5 Account From MT4 Platform
To obtain to the above window, Go to " Tools", Next to ' File, View ' at the top left corner of MT4 forex trading platform. Click on Tools >>> Click Options, the above panel will popup.
Select " Community " as shown above, and then type your Log in details: Your Login and Password.
Once this is complete you will now have complete access to the Market, and you can setup any of the stock robots on your platform & begin automated trading.
How to Test an Automated Stock Trading Strategy Before Buying
Before buying an automated trading robot, there is an option provided to test out to find if the automated trading strategies that work for you before buying - by downloading the demo edition of the bot that you want and testing it out before buying it. This way you can try out the automated trading forex EA you want by testing its strategy using Forex Strategy Tester window.
Review & Information of Automated stock Trading System Details
From above example, the screen-shot shows you how to setup an EA Automated Robot from the MT4 tool box by buying it using your credit points or by first downloading the demo robot download version to test out the strategy.
All these automated stock trading strategies are available from MQL5 & can be accessed also from MT4 Software. Once a trader gets an Automated Trading System they can then setup and launch this application on 3 different Computers.
Posting Of Automated Trading EAs by Developers and Stock Market Analysts
As a developer of EAs that are profitable, you can get to post your Expert Advisor by registering as a seller . You can get access to a large number of potential customers by posting your Expert Advisor robot which can become a mass selling product.
Once you complete the registration process your Automated EAs will be hosted on the MQL5 Community and you will make money every time your Expert Advisor is purchased. As a developer you get to set the price for your EA, the more profitable it is, then the more dollars you can set for it.
Once you setup your registration, traders can buy and download your automated robots directly from their MT4 Platform. Each purchase must get an activation code from the MQL5 CodeBase Community, activation code is only limited to a few computers, Three computers. Therefore no one can buy and then start reselling your Automated System because it would need an activation from MQL5 CodeBase Community
To protect developers, each purchase is associated to account of a trader on the MQL5 web-site & a specific computer PC, the purchase is not associated to the broker platform neither is it associated to the stock account with the broker. It is only associated to account which the trader has on this Community.
Those traders wanting to buy can also try the demo versions of the Robot, but this can only be run on the " Strategy Tester", and the demo cannot be run on the real trading environment. This ensures a trader can test out an EA's profitability before buying it, at the same it also ensures the demo version of your Expert Advisor cannot be used to transact on the real market, not until the time when it has been purchased & activated.
How to Select Automated Stock Market Bots
All Expert-Advisor Stock Robots are listed on MetaTrader 4 automated trading software have snap-shots & a brief review that trader can click and read about each.
List of Expert Advisor Stock Robots in MetaTrader 4 That Can Be Used for Automated Stock Trading
Upon clicking on any of these stock trading systems, one can read the review its information which will include even the history of the transactions made which look like this:
One can then select an automated stock trading program from list of those provided depending on the one that is most profitable and suitable for them based on their trading strategy.
These automated trading systems can also be used to trade other financial instruments such as automated stock indices.