MQL5 Robots & EAs Code Base Library - MetaTrader 4 Forum & MetaTrader 5 Forum

MQL5 code base is the official coding community for automated trading systems commonly known as MetaTrader 4 EAs or Expert Advisor Forex Robots. Expert Advisor Forex Robots is a popular topic. However, the challenge is how to find a good quality 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.

MetaTrader 4 forum & MetaTrader 5 forum A library of Forex Bots & Automated Trading Strategies

Forex EA Forum - Automated System Expert Advisor: www.mql5.com/en/market

For a new beginner forex trader wanting to know what's automated forex trading, the place to start at is at the official MQL5 codebase MetaTrader 4 forum & MetaTrader 5 forum that is hosted by Meta Quotes Software Corp. The maker of MT4 Trading Software.

Get Free Forex Expert Advisor Robots as Well as Paid Ones

About Automated Forex Bots

You can go to the MetaTrader 4 forum & MetaTrader 5 forum code-base site & get MetaTrader 4 Expert Advisor Programming Tutorial & 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 trading systems & might want to use their time for trading forex currencies and making profits, for those who do not want to learn coding they can directly access the Forex robots listed on this Market: MetaTrader 4 forum & MetaTrader 5 forumMQL5 market is where programmers using Expert Advisor Forex Bots which are profitable sell their automated trading systems, others can then buy from them or order one to be coded for them from this MT4 forum and MetaTrader 5 forum codebase.

This code base is also a good place for experienced currency traders, it allows those who can demonstrate that they have a profitable Forex trading robot to get additional earnings by selling their Expert Advisor Forex Robots, these automated trading robots 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 trading platform.

Access Automated Trading Robots From MetaTrader 4 Automated Platform

MT4 forum Expert Advisor Library - For Traders Wanting to Automate Trading

From the above screenshot trader can access the MT4 forum Codebase Market directly from their forex platform. One can then automatically setup the Expert Advisor onto their MT4 forex 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 EAs Expert Advisor Forex Robots by downloading their demo version after registering in this MetaTrader 4 forum Community.

As a trader wanting to get professional automated Expert-Advisor robots & strategies this is the place to start.

How to Get a FX Trading Robot

Once you have downloaded MT4 forex trading Software and install 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 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 Expert Advisor Forex Bots

You can then choose the one that is suited for your trading style method. Every item that is on this list has a detailed description of how it operates & you as a trader can use this data to select a forex Ea that suits 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 choose any of these based on categories as illustrated on the example 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 MetaTrader 4 forum.

Once you have visited and decided which type of application you require, next step is to sign up & become part of this MetaTrader 4 forum 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 MT4 forum Registration Page on their MQL4 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 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 MT4 Software

Login to MQL5 Account From MT4 Platform

To obtain to the above window panel, Navigate to " Tools", Next to " File, View " at tops left corner of the MetaTrader 4 software. 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 MetaTrader 4 forum Market, and you can setup any of the Forex robots on your forex MetaTrader 4 forex platform and begin automated trading.

How to Test an Automated Forex EA 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 Expert Advisor you want by testing its strategy using strategy-tester panel.

Review & Information of Automated Trading Systems Details

From the above example, the screenshot shows you how to setup an EA Automated Trading Robot from the MT4 toolbox by buying it using your credit points or by first downloading the demo bot download version to testout the strategy.

All these automated trading strategies are available from MQL5 and 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 Expert Advisors by EA Developers and Forex Trading 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 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, forex traders can then buy & download your automated robots directly from their MT4 Platform. Each purchase must get an activation code from the MQL5 MetaTrader 4 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 MetaTrader 4 forum 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 forex account with the broker. It is only associated to account which the trader has on this MetaTrader 4 forum Community.

Those wanting to buy can also try the demo versions of the Bot, but this can only be run on " Strategy Tester", and the demo version 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 Bots

All Expert-Advisor Forex 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 Forex Robots in MetaTrader 4 That Can Be Used for Automated 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 choose an automated trading program from list of those provided depending on the one that is most profitable & suitable for them based on their trading strategy.

These automated trading systems can also be used to trade other financial instruments such as automated futures trading systems to trade futures or automated gold trading systems to trade Gold & automated CFDs trading systems to trade CFDs.