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An automated Forex trading system is a combination of hardware and software consisting a Computer, a Trade Platform and a Programming Code (Expert Advisor) that plugs-in the platform. Such systems are designed to open and close long/short positions in the currency market without any human interference. Automated forex trading systems are a great way to get started in the world of quantitative finance. MetaTrader and other applications are free to use on demo accounts, which means that they can ... Automated trading is the future of Forex trading market and it is only a matter of time before an AI robot is created which can not only follow instructions but think for itself and make the trading process easier for traders by a tenfold. Automated trading systems — also referred to as mechanical trading systems, algorithmic trading, automated trading or system trading — allow traders to establish specific rules for both trade ... MT4’s Expert Advisors are some of the most popular automated Forex trading solutions. Free Automated Trading Software. People are usually right to distrust free, too-good-to-be-true deals. With automated trading systems, the situation is a tad more nuanced, however.
Why Automated Trading Systems Don't Work - YouTube
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