Any good recommendatio of robot forex trading tool

Hi,

I am new to the forex but I am learning and I am familiar with technical analysis and fundamental analysis on stock and stock option. I will be participating in the forex trading using demo account.

Rightnow I would like to seek any member advice on whether any good robot trading tool availble in the market and how well they link to the forex data for quick and accurate trading. Can someone share the information? Thanks.

I understand from nobody2000 where he does his own programming using metastock if I am correct. The result is impressive but not sure whether he write the software or using the metastock with some modification of the setting.

i have been using vttrader which is very similiar, but a few drawbacks in teh scripting language whcih meta seems to overcome.

Meta includes a scripting language which is like c which has access to all the variable you need. You write your system, compile it, then can run it inside the system, live or demo, or use it for backtesting purposes. It comes with lots of samples. I am going to rewrite my system in meta and go on from there as i its more powerful, and ive done my homework i spent quite a bit of time talking to the programmers of vttrader about its limitations.

Hi Pablo,

Thanks for sharing the information and I guess you must be good in programming for which you have the advantage over the others who are alient to programming language. I am currently evaluating traderobot master software where I find it very interesting and ease of use, of course they also include some sets of strategies for any newbie to do the trading with less worry. Their lanaguage is easy language which look like visual basic or power builder.

I main concern is a good trading software should allow the client focus on creating new strategy to improve the return and teach the software to select the right strategy base on the given historical data. Hence whether the software in auto-trade or manual trade, the software should propose the strategy to win the trade in the highest %.

i share your concern and the backtesting in metatrader4 is second to none. its really not that hard programming theres no memory allocation or anything. If you can describe your system to me i can program it.

yes. i see some people combining systems to come up with powerful combinations. People create systems and it becomes like a cult, they flock to a system everyone tries it and it lives or dies by that. Which is good. Some people combine all existing systems to create supersystems. Ultimately any system is only as good as the person applying it. I must overcome all my bad habits in order to become a better trader: discipline! very easy to say, but fear and greed are powerful forces.

ok enough time for bed starting to sound like yoda.

Today i feel up 35 point in confidence. I feel like, yes there are systems that work and i can apply. 3 days ago i went through the faze of how can you win - news upturning markets on me, its like my dutch colleague used to say 'today i dont have that feeling, like, wow lets go to work today'. Anyway that is the past: and useful to bear in mind but has no relevance to what might happen tomorrow. now i am soaking up information and am ready for a rebirth, and to try something new.

Remember we are in the real world - nobody knows what is around the corner. News upsets markets, but can also present huge opportunities. Just be aware to wait until news hits before u trade.

its funny i just read a book saying this is exactly what all people go through, but most of them give up at one of the hurdles along the way.

I am still going.

Superbait,
Check out globalforexgroup for a robotic trading system. Good numbers and good marketing potential.
PM with questions.
ALan

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A lot of times the automatic trading robots can be very complicated to set up. These systems are customized by the traders and if they don’t exactly understand the way the software works they end up losing a lot of money.