Download Forex EAs for MT4 in MQL5 EA Forum
Download Forex Robots for MT4 in MQL5 Robot EAs
MQL5 code base is the official coding community for automated trading programs Expert Advisor Forex Robots commonly known as EAs or Robots. Automated trading programs Expert Advisor Forex Robots is a popular topic. However, the challenge is how to find a good quality robot Expert-Advisor. This is where MQL5 Robot Market comes in: hosted by MetaQuotes Software Corp. , The Developers of MetaTrader Platform - to get a good quality EA one Should join this MQL5 Forex Forum codebase.
A library of Bots & automated trading programs
EA Forex EA Free Download - Forex EA Download: www.mql5.com/en/market
For a new beginner wanting to know what's automated trading, the place to start at is at the official MQL5 Forex Forum codebase that is hosted by Meta Quotes Software Corp. The maker of MT4 Trading Software.
Get Free Forex EAs as Well as Paid Ones
About Automated FX Bots
You can go to the MQL5 Forex Forum codebase website and get MetaTrader 4 Expert Advisor Programming Tutorial & learn how to automate trading and write an EA. But because most people might not want to learn a coding language or take on task of building automated 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 Forex robots listed on this market: where coders using Expert Advisor Forex Bots which are profitable sell their automated systems, others can then buy from them or order one to be coded for them from this MQL5 Forex Forum codebase.
This MQL5 Forex Forum codebase is also a good place for experienced currency traders, it allows those who can demonstrate that they have a profitable EA (Trading Robot) to get additional earnings by selling their Expert Advisor Forex Robots, these are also made available directly From the MT4 software, where potential buyers of Expert Advisor Forex 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 programs From the MetaTrader 4 Automated Platform
Expert Advisor Library - For Traders Wanting to Automate 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 EAs 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 trader wanting to get professional automated Expert-Advisor robots & strategies this is the place to start.
How to Get an Automated Forex Trading Program
Once you have downloaded MT4 automated trading programs 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 automated trading programs Expert Advisor Forex 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 automated trading programs Expert Advisor Forex Bots
You can then choose the one that is suited for your 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 automated trading programs 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 automated trading programs based on categories as illustrated and shown on the screenshot above. If you need to learn what is an automated trading EA, custom technical trading indicators, panels, libraries, analyzers & utilities are you need to navigate to Codebase Community.
Once you have visited and decided which type of automated trading programs application you require, next step is to sign up & become part of this coding community. After signing up you will then get an account & you can interact with other forum members and have access to multiple Expert Advisor Forex Robots. To sign up - go to Registration Page on their web site.
After signing up in automated trading programs 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 forex 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 MetaTrader 4 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 Forex robots on your platform & begin automated trading.
How to Test an Automated FX Trading programs 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 system you want by testing its strategy using Forex Strategy Tester window.
Review & Information of Automated Trading programs Details
From the above examples, the image shows you how to setup an automated trading programs Expert Advisor Trading Automated Robot from the MT4 toolbox by buying it using your credit points or by first downloading the demo bot download edition to test out the strategy.
All these automated trading programs strategies are available from MQL5 and they can also be accessed from the 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 Expert Advisors by EA Developers and Forex Trading Analysts
As a maker of automated trading programs 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 trading programs 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 set-up your sign-up, traders can then buy and download your automated trading programs robots directly from their MetaTrader 4 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 creators of automated trading programs Expert Advisor Forex Robots, each purchase is associated to the 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 forex account with the broker. It is only associated to account which the trader has on this Community.
Those wanting to buy an automated trading programs can also try the demo versions of the Bot, but this can only be run on " Strategy Tester", and the practice can not 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 Forex Trading programs FX Bots
All Expert-Advisor Forex Robots are listed on the MetaTrader 4 automated trading software have snap-shots & a brief review that trader can click and read about each.
List of Expert Advisor Forex Robots in MetaTrader 4 That Can Be Used for Automated Trading programs Forex Trading
Upon clicking on any of these 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 trading programs from a list of those provided depending on the one that is most profitable & suitable for them based on their trading strategy.