Automated Stock System - MT4 Automated system and Expert Advisors
MQL5 code base is the official coding community for automated stock trading system 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 system. This is where MQL5 Expert Advisor Market comes in: hosted by MetaQuotes system Corp. , The Developers of Platform MetaTrader system - to get a good quality EA one Should join this codebase.
A library of robots and Expert Advisor Stock Robots - Automated Stock Trading systems
Stock EA Forum - Stock EA Download: www.mql5.com/en/market
For a new beginner wanting to know what is an automated stock trading system, the place to start at is at the official MQL5 codebase that is hosted by MetaQuotes system Corp. The maker of MT4 stock Trading system.
Get Free automated stock trading EAs as Well as Paid Ones
About Automated Stock Trading system
You can go to codebase website and get MT4 Automated Forex Expert Advisor Programming Tutorial and learn how to automate forex trading and write an EA. But because most traders may not want to learn a system programming language or take on the task of building automated stock trading systems & might want to use their time for trading currencies and making profits, for those who don't want to learn system programming they can direct access the stock trading Expert Advisor Stock Robots listed on this market: where coders using Expert Advisor Stock Bots which are profitable sell their automated systems, others can then buy from them or order for one to be coded for them from this codebase.
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 systems to get additional earnings by selling their Expert Advisor Stock Robots, these are also made available direct From the MT4 system, where potential buyers of Expert Advisor Stock Robots can access them. The screen-shot below shows how a trader can access these MT4 automated EAs on their software.
Access Automated Trading systems From the MT4 Automated stock Software
EA Library - For Traders Wanting to Automate Stock Trading
From above screenshot trader can access the Codebase Market direct from their platform. A trader can then automatically setup the Expert Advisor onto their MT4 platform and start trading with it. The Market contains free forex Expert Advisor 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 systems & strategies this is the place to start.
How to Get a Stock Trading system
Once you have downloaded the MetaTrader 4 system and installed it on your computer. You will then have to open MT4 Toolbox: The Toolbox can be accessed by pressing CTRL+T keyboard shortcut keys. After launching the tool box select ' Market ' tab as illustrated and shown on screenshot below.
A list of the available Expert Advisor Stock Robots will appear as it is illustrated below. You can also choose a FX trading bot from the different categories as displayed & illustrated below.
Library of Stock Expert Advisor Stock Bots
You can then choose the one which is suited for your stock market trading style. Each and Every item on this list has extensive description of how it operates and you can use this information to select one which is suited for your techniques 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 illustrated and 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 Bots. To register - navigate to the 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 credit 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 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 on MetaTrader 4 Software
Login to MQL5 Account From MetaTrader 4 Platform
To obtain to the above window panel, Navigate to ' Tools', Next to " File, View " at the tops left corner of MetaTrader 4 software. Click Tools >>> Click Options, the above window panel will popup.
Select ' Forum ' as illustrated above, and then type your Login details: Your Sign in & Password.
Once this is complete you'll now have complete access to the Market, and you can set-up any of the stock trading systems on your platform and begin automated trading.
How to Test an Automated Stock Trading Strategy Before Buying
Before buying an automated 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 version of the system that you want and testing it out before buying it. This way you can try out the automated Expert-Advisor you want by testing its strategy using strategy-tester panel.
From above examples, the image shows you how to set-up an Expert-Advisor Automated Robot from the MT4 toolbox by buying it using your credit points or by first downloading the demo system download version to test out the strategy.
All these automated stock trading strategies are available from MQL5 and can be accessed also from MT4 system. Once a trader obtains an Automated Trading System they can then activate & 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 big number of potential customers by posting your system 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 creator 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 sign-up, traders can then buy and download your automated systems directly from their MT4 Platform. Each purchase must get an activation code from the MQL5 Code Base 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 Code Base Community
To protect developers, each purchase is associated to account of a trader on the MQL5 website and a specific computer PC, the purchase is not associated to the broker platform neither is it associated to the stock account with broker. It is only associated to the account which the trader has on this Community.
Those traders wanting to buy can also try the demo versions of the system, but this can only be run on the ' Strategy Tester', and the demo cannot be run on the real trading environment. This ensures that 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 and activated.
How to Select Automated Stock Market Trading systems
All Expert-Advisor Stock Robots are listed on the MT4 automated trading system have snap-shots and a brief review that one can click and read about each.
List of Expert Advisor Stock Robots in MT4 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 that look like this:
One can then select an automated stock trading system from a 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 trading.