Best Auto Trading Software

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Contents

GLOBAL TRADING SYSTEMS
ALGORITHMIC TRADING SOFTWARE TRADING ROBOTS NADEX ROBOT NINJATRADER AUTOMATED ROBOT THINKORSWIM TRADING ROBOT IG MARKETS TRADING ROBOT AUTO TRADING SOFTWARE STOCK TRADING ROBOT E-MINI FUTURES ROBOT STOCK PREDICTION FOREX ROBOT FOREX SIGNALS INDICATOR

Based On Neural Networks Algorithms

Accurate Markets Predictions, High Daily Win-Rate, Consistent Profit Every Month!

Professional Stock, Futures, Options Auto Trading Strategies, EA Robots and Indicators for all kind of trading platforms, including:

NinjaTrader Robot

Ninjatrader Automated Trading Robot (NT8 Robot) Trades Futures (E-mini S&P 500, Wheat, Oil, Gold, Silver, Beans, Corn, Mini Dow, Mini NASDAQ, etc.) NinjaTrader Robot has outstanding 77%-90% average win rate which allows it to quickly build up the account equity. NinjaTrader Robot is very profitable suitable for professional investors and for newbies.

Thinkorswim Trading Robot

✅ Thinkorswim (TOS) Trading Robot – absolutely the easiest way to start automated trading with Thinkorswim platform – no coding required! ✅ 100% Thinkorswim Automated Algo Trading Robot ✅ Based on Strategy ✅ Can be used to automated your own trading strategy ✅ Good for professional investors and private traders.

Interactive Brokers Trading Robot

✅ 100% Automatic trading on Interactive Brokers! ✅ Interactive Brokers Robot trades using IB API. ✅ Intelligent IB automated trading robot can automatically build, analyse, optimize and trade stock portfolios. ✅ Based on advanced Quantitative Mathematical Model. ✅ Trades stocks, options, futures, forex, commodities, etc.

Forex Signals Indicator

Forex Indicator 3D Signals – Forex Signals New Generation! The Forex Indicator is based on Neural Networks analyzes market in 3D-dimensions and generates statistically reliable and accurate forex trading signals in real time. Signals are intuitive, easy to use and have maintained an outstanding winning rate. 500+ pips avg. profit per month.

FX Options Open Interest and Signals Indicator

▶️ FOREX PREMIUM OPTIONS OPEN INTEREST INDICATOR ▶️ High accuracy fx trading signals ▶️ STOCK INDICATOR ▶️ Open Interest Monitor is tracking where FX Options positions are concentrated in real time and how put/call option Open Interest is distributed.

Forex Robot High Volume Investor

�� Can make profit up to 300% per month! ▶️ Most profitable and reliable forex robot on the market. ▶️ Many trades per day. ▶️ Trades all currency pairs and all time frames. ▶️ Has low risk. ▶️ Earns stable profit every day. ▶️ Best Forex Robot EA. ▶️ Growths deposit quickly and smoothly.

Global Forex Predictor

�� Global FX signals predictor indicator based on Artificial Intelligence Algorithms (AI), Commitments Of Traders (COT) and Forex Sentiment Data (SSI). Predicts global forex market trends with highest accuracy. 90% accurate forex signals.

Nadex Trading Robot

Nadex Trading Robot is a fully automated trading software specially designed for trading profitably with Nadex Binary Options. 50+ trades per day! 100% Automated! Has built-in deposit protection, money management system. Based on Neural Networks low-risk strategy.

Crypto Currencies Signals Indicator

Crypto Currencies Prediction and Signals Indicator generates trading signals for the most popular crypto currencies such as: Bitcoin, Litecoin, Ethereum, Dashcoin, Peercoin, Emercoin, Millibitcoin, Namecoin and others. ✅100% non-repaint, ✅90% accurate.

Forex Robot Ideal Scalper ⭐️⭐️⭐️⭐️⭐️ EA

✅ Trades Currencies | EURUSD, GBPUSD, AUDUSD, and others and Indices | S&P, NASDAQ, DOW, FTSE, DAX, China ✅ High profit ✅ Low risk ✅ Contains news filter ✅ Consistent profits

Forex Robot Scalper Premium ♛ EA

Forex Robot Scalper Premium ♛ EA is a highly profitable & professional fully automated forex trading system for professional traders and newbies looking for a long term hands free investment.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    Top Binary Options Broker 2020!
    Perfect For Beginners and Middle-Leveled Traders!
    Free Education How To Trade!
    Free Demo Account!
    Big Sign-up Bonus!

  • Binomo
    Binomo

    Good Choice For Experienced Traders!

Forex And Stocks Robot Scalper For Metatrader 5

Forex and Stocks trading robot EA is a fully automated trading software specially designed for trading profitably with Metatrader 5 (MT5) Trading Platform. ✅ Accurate entries, ✅ Has Stop-Loss and Take-Profit, ✅ Generates consistent profits.

Forex Multi Currency Forecaster

Neural Networks Forex Prediction Indicator for Metatrader. 100% Non-Repainting! ✅ Predicts currency trend with accuracy up to 90%. ✅ Generates trading signals, ✅ Shows relationship between currency pairs.

Forex Robot Intraday Scalper

It is the best forex scalping robot that you can use and can grow even the smallest of trading accounts into HUGE accounts in very quick time without you having to lift a finger! Forex Intraday Scalper EA analyses the Forex market for you to find the best entry and exit points.

Forex Robot Double Profit

⭐️⭐️⭐️⭐️⭐️ Forex Robot Double Profit is new excellent reliable and accurate fully automated forex trading system. Has spread and slippage filters to ensure that you will only get the highest probability trades. Shows excellent consistency over different market conditions.

Metatrader – Interactive Brokers Bridge

Metatrader – Interactive Brokers Trader Copier Bridge is a programmable extension for Trader Workstation (TWS), which lets you trade manually or automatically directly from Metatrader (MT4, MT5). Automates any strategy.

Forex Robot Scalper

300% profit per month. Max drawdown 10%. 90% successful trades. 100% automated trading. Intelligent forex trading robot (forex robot or EA) for Metatrader based on Neural Networks. Forex Robot Scalper shows a large number of trades per day, with minimum loss-making.

Forex Price Action Robot EA

�� Best Forex EA 2020, ✅ Many trader per day, ✅ Works for most forex brokers, ✅ Has stop-loss deposit protection, ✅ Trades profitably on high volatile and flat market, ✅ Low risk strategy, Has take-profit, ✅ Generates consistent profits for all kind of markets.

Nadex Signals

Nadex Signals and Prediction Indicator is specially designed for trading profitably with Nadex Binary Options. 90% ITM Nadex Signals. 50+ signals per day. Make consistent profit with the best and most reliable Nadex Signals Indicator.

Thinkorswim Arrow Buy,Sell Signals Indicator

✅ Predicts futures trend and reversal points with high accuracy, ✅ Generates buy/sell trading signals, ✅ Generates buy/sell signals for GOLD, S&P 500 e-mini, Bitcoin futures and others, ✅ Suitable for intraday scalping and swing trading.

Bitcoin Prediction Indicator

90% accurate Bitcoin Prediction Indicator for Metatrader based on Neural Networks Algorith. Generates streaming real-time predictions and trading signals. The indicator is non-repainting. Predicts price, price movement direction, detects reversal points.

IQ Option Robot

IQ Option Robot trades Binary Options 100% automated. 75%-90% daily winning rate! 50-100 trades per day. Based on Neural Networks Algorithm. Intelligent IQ Option Robot automatically generates signals, setup lot size, has account protection system.

IQ Option Robot Multi

IQ Option Robot Multi trades 9 charts in the same time and wins. 100% automated. 75%-90% daily winning rate! 50-100 trades per day. No martingale. Low risk strategy. Intelligent IQ Option Robot automatically generates signals, setup lot size, has account protection.

Olymp Trade Robot

Olymp Trade Robot simply the best safe and secure automatic trading software, time and time again it will help the user maximize the profit on their binary options trading. Olymp Trade Robot Robot trades Binary Options 100% automated. 75%-90% daily winning rate!

Forex Robot Arbitrage

Forex Robot Arbitrage ✅ – profitable market neutral low risk strategy. No martingale ✅, no grid ✅. Trades 2 currencies in the same time. Based on statistical arbitrage strategy and quantitative analysis algorithm. Analyses live market data in real time and generates 90% accurate entry signals.

IG Trading Robot

IG Trading Robot is a fully automated trading software specially designed for trading profitably with IG.com Trading Platform. Can trade profitability indeces, forex (foreign exchange market, currencies), cryptocurrency, shares (stock market), commodities, bonds and rates, ETFs. Can grow accounts quickly with low risk.

$1500 FOR 1 YEAR SUBSCRIPTION

Forex Signals Indicator For MT5

SUPER TREND FOREX SIGNALS INDICATOR FOR MT5 WITH NO-LOSS ACCURACY! ▶️ Based on Neural Networks of New Generation ▶️ High Profit Forex Signals, ▶️ High Accuracy, ▶️ No Loss Control System, ▶️ Instant Large Profit, ▶️ For Intraday and Swing Trading, ▶️ 50+ Signals Per Day.

Forex Robot Big Banks Copier ⭐️⭐️⭐️⭐️⭐️

✅ Tracks and copies orders of biggest Worlds Banks in real time. The trading orders copied directly into your trading account: live or demo. ✅ Trade like an institutional Trader with a new Big Banks Follow Copy Trading Forex Robot. The Robot uses real-time stream data.

$770 FOR 6 MONTHS SUBSCRIPTION

Forex Robot Multi Currency Scalper

Forex Multi Currency Scalper EA is 100% automated trading robot can select the best possible trades out of 28 symbols. Based on low-risk strategy. Ensures trades are entered at the best possible times. Performs buy trades at lower price and sell trades at higher price.

Tradingview Robot

Tradingview Robot is a premium software package that includes strategy and add-on automation tool to TradingView that allows you to auto-trade profitably Stocks, Forex, Commodities, Indices, and Cryptocurrencies with Tradingview Trading Platform. ▶️ High Profit Factor! ▶️ No Martingale ▶️ No Hedging ▶️ Low Risk

$1080 FOR 1 YEAR SUBSCRIPTION

Forex Account Rescuer

Loss Recovery Trader Robot (EA) 100% automatically will repair your forex account and recover your losing positions, will help you reduce and even eliminate your losing trades and help you make more gains. Simply place your trade, and our Loss Recovery Trader Robot will do the rest for you.

Forex Robot Scalper Progressor

Forex Scalper Profit Progressor Robot EA is true multi-market condition robot: trending, non-trending, volatile and non-volatile. Trades all major currency pairs. 50-100 trades per day. Profit 250% per month. Very safety for account. For forex beginners or advanced traders as well.

3D-Forex Robot

3D-Forex Robot ✅ is a fully automatic Forex trading Expert Adviser based on sophisticated algorithm analyzes market data in 3D-dimensions in real time for determining the most accurate market entry points. The EA controls the market by choosing the moments with the highest probability of the positive trades for trading.

Binary Options Robot

Up to 90% accuracy! 100+ trades per day! 100% Automated Binary Options Robot for web-based brokers! Trades 60 second and 30 second Binary Options. Has built-in deposit protection, money management system. Automatically executes trades direct to your linked broker account.

$1500 FOR 1 YEAR SUBSCRIPTION

Gold Trading Robot

The Gold Trading Robot has been developed for GOLD 1H and SILVER 1H. 360% profit per-month. Maximum drawdown 10%. 90% winning trades. 100% automated trading. Longterm strategy. Each order is protected by Stop Loss and Take Profit. Fully optimized settings.

Bitcoin Robot Scalper

Automated Bitcoin Trading Robot trades Bitcoin crypto-currency, works with any broker that supports bitcoin trading via Metatrader platfrom. The Bitcoin Robot doesn’t require big initial capital. Bitcoin is traded around the clock, 24/7, 365 days a year.

GoMarkets Auto Trader Robot

The GoMarkets auto trading robot is the robot designed to earn for you on binary options with broker GoMarkets. Makes 50+ trades per day. Generates trading signals and automatically executes the trades direct to your linked GoMarkets broker account.

Binary Options Multi Signals

Binary Options Multi Signals scans 14 separate currencies and generates trading signals up to 90% accurate. Average profit per day $500 – $5000. Based on Neural Networks Algorithm. Shows best accurate currencies, allows to trade multi assets in the same time and allows to increase profit up to 14 times.

Binarymate Robot

Binarymate Robot – 100% Binary Options Auto Trading Robot! Generates stable profit for small and big deposits! Get the best auto trading software right here and get ready to trade like a pro forever! With Binarymate Robots help you can enjoy the opportunity of making several hundred dollars profit per day/week.

Tradingview Signals Copier

Copy profitable trading signals from the bigest social network for traders. Join the global community of traders, find ideas you like and copy best ideas and signals directly to your trading account and make profit with our Tradingview signals copier tool. Copy best trading signals and make profit.

Investor Trade Copier

▶️ Use investor password and copy trades from any winning account! ▶️ Copy trades between different brokers. ▶️ Investor Trade Copier is an add-on for MetaTrader 4, and it can copy trades between different MT4 accounts instantly and simultaneously. ▶️ Copy trades instantly and reliably through internet all over the world.

60 Seconds Binary Options Signals

60 seconds Binary Options Signals Indicator (Metatrader based). 90% daily win-rate. 100+ signals per day. 100% profit per 1 hour! Non-Repainting! Easy to use, works with any broker, any assets. Accuracy verified with real trading account. Based on advanced Neural Networks Algorithms. Helps to generate stable high profit.

Binary Options Trade Signals

10 and 15 minutes Binary Options Trade Signals Indicator for Metatrader (MT4). 83% daily win-rate! 30+ trading signals a day! 100% Non REPAINTING! 100% RELIABLE! The Binary Options (BO) Signals Indicator will advise you when high quality trading opportunities arise.

Online Stock Predictor

90% accurate. Generates real-time streaming trading signals. Has installed streaming live data feed for all time frames. Predicts price, price movement direction, trend, generates trading signals. No need to install. New signals are delivered dynamically to the real-time chart.

$770 FOR 6 MONTHS SUBSCRIPTION

Forex and Bitcoin Probabilistic Signals Indicator

▶️Probabilistic Forex and Bitcoin Signals Indicator based on Self-Organizing Maps (SOMs, Kohonen Map) automatically analyzes real-time market data and separates data into specified number of categories (clusters) and generates trading signals.

Online Forex Forecaster, Robot and Signals from Big Banks

Forex Forecast and Insights from Big Banks. Institutional FX Forecasts and Signals. Online Forex Robot is trading systemized orders derived from real-time big banks sell-side research, market-flows, analysis and sentiments.

$260 FOR 1 MONTH SUBSCRIPTION

Online Gold Predictor

95% accurate. Forecasts price, price movement direction, trend, generates buy/sell signals. Non-repainting! Generates real-time streaming trading signals. Has installed streaming live data feed. Web-based interface. For desktop and mobile devices.

$770 FOR 6 MONTHS SUBSCRIPTION

Forex Account Defender

Account Defender protects your account from all kind of losses and helps to grow deposit safety and quickly. Account Defender is a MetaTrader expert adviser that lets you manage trades and control your profit and loss across multiple currency pairs.

Forex Visual Robot EA

The purpose of Forex Visual Robot expert adviser is to execute trades based on some chart objects: trend lines, horizontal lines or equidistant channels. The main advantage of Forex Visual Robot expert adviser is its ability to set and adjust orders according to a range of graphical objects placed on the Forex chart.

Crypto Currencies Trading Robot

Crypto Currency Trading Robot – 100% Bitcoin, Ethereum, Dashcoin, Litecoin, Peercoin and many others crypto currencies Auto Trading Robot Software! ✅90% accurate, ✅100% crypto currencies auto trading robot software, ✅Trades all crypto currencies.

$1500 FOR 1 YEAR SUBSCRIPTION

Tradestation Robot

�� Profitable TradeStation automated trading strategy built using EasyLanguage works for short-term currency trading, �� Strategy Profit factor 4.9, �� TS Easy Language extremely robust and reliable automated strategy, �� This automated trading strategy is ideal for a “set and forget” fully automatic approach.

$1500 FOR 1 YEAR SUBSCRIPTION

Nadex Signals And Open Interest Indicator

▶️ NADEX TRADING SIGNALS INDICATOR
▶️ ACCURACY UP TO 90%
▶️ 1 DAY EXPIRATION TIME
▶️ PREDICTS NADEX DAILY OPTIONS AND GENERATES NADEX SIGNALS.

Currencies Portfolio Trading Robot

�� Currencies (Forex) Portfolio trading, which can also be called basket trading, is based on the combination of different currencies. �� The concept behind portfolio trading is diversification, one of the most popular means of risk reduction.

XO Forex Trading Robot

▶️ XO FX Robot EA analyses the Forex market XO chart patterns for you to find the best entry and exit points for winning scalping trades. ▶️ Highest winning rate! ▶️ Low drawdown ▶️ High profit, Low risk strategy. �� One of the Best Forex Robot EA.

Tradestation Trade Copier

▶️ Tradestation Trade Copier based on original Tradestation API, ▶️ Copy trades instantly and reliably, ▶️ Has Stop-Loss and Take-Profit, ▶️ Compatible on any MT4 platform with any broker, ▶️ Trades Currency (Forex), Stock, Futures, etc, ▶️ Copies manually opened trades and trades generated by Automated Strategy, ▶️ Professional auto trading software.

Metatrader Telegram Signals Bot

Metatrader – Telegram Signals Copier Bot Software Tool – Copy Signals and Trades From Metatrader to Telegram Channel Instantly! �� Metatrader – Telegram Signals Bot – best solution for trading signals distribution for telegram channels and subscribers. Copy signals and trades directly from Metatrader to Telegram.

Forex Algo Trader Robot

Forex Algo Trader Robot is a powerful and fully automated forex expert advisor that offers reliability, dependability and high effectiveness for all of its users. �� Consistent profit on flat and trend market! ��High Quality Forex Algo Trading Robot. �� Average winning ratio 80-90%. �� Monthly 4000-4500 Pips Target. �� Works for small and big deposit.

Metatrader – Nadex Trade Copier

Metatrader Nadex Trade Copier copy trades from MT4 directly to your Nadex Trading Platform and implement trades. Instant. Reliable. Allows to test and automate any trading strategy, and to trade on full auto pilot directly from Metatrader. Works for any asset.

CQG QTrader Robot

CQG QTrader Robot is a fully automated trading software specially designed for trading profitably with CQG QTrader Trading Platform. Can trade profitability indeces, shares (stock market), commodities, bond. CQG Robot automatically monitors the stock prices and places the orders when the defined conditions are met.

$1500 FOR 1 YEAR SUBSCRIPTION

IQ Option Trade Copier

Relax while IQ Option Trade Copier Plugin trades in your stead. IQ Option Trade Copier copies trades from Metatrader directly to your IQ Option Platform. Automates any profitable strategy and allows to trade on full auto pilot. Copies trades instantly and reliably. Copies manually opened trades and trades from Expert Advisers.

Automated Trading Systems: The Pros and Cons

What Is an Automated Trading System?

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 entries and exits that, once programmed, can be automatically executed via a computer. In fact, roughly 75% of shares traded on U.S. stock exchanges come from automatic trading systems.

Traders and investors can turn precise entry, exit, and money management rules into automated trading systems that allow computers to execute and monitor the trades. One of the biggest attractions of strategy automation is that it can take some of the emotion out of trading since trades are automatically placed once certain criteria are met.

The trade entry and exit rules can be based on simple conditions such as a moving average crossover or they can be complicated strategies that require a comprehensive understanding of the programming language specific to the user’s trading platform. They can also be based on the expertise of a qualified programmer.

Automated trading systems typically require the use of software linked to a direct access broker, and any specific rules must be written in that platform’s proprietary language. The TradeStation platform, for example, uses the EasyLanguage programming language. On the other hand, the NinjaTrader platform utilizes NinjaScript. The figure below shows an example of an automated strategy that triggered three trades during a trading session.

A five-minute chart of the ES contract with an automated strategy applied.

Establishing Trading “Rules”

Some trading platforms have strategy-building “wizards” that allow users to make selections from a list of commonly available technical indicators to build a set of rules that can then be automatically traded. The user could establish, for example, that a long position trade will be entered once the 50-day moving average crosses above the 200-day moving average on a five-minute chart of a particular trading instrument. Users can also input the type of order (market or limit, for instance) and when the trade will be triggered (for example, at the close of the bar or open of the next bar), or use the platform’s default inputs.

Many traders, however, choose to program their own custom indicators and strategies. They will often work closely with the programmer to develop the system. While this typically requires more effort than using the platform’s wizard, it allows a much greater degree of flexibility, and the results can be more rewarding. Just like anything else in the trading world, there is, unfortunately, no perfect investment strategy that will guarantee success.

Once the rules have been established, the computer can monitor the markets to find buy or sell opportunities based on the trading strategy’s specifications. Depending on the specific rules, as soon as a trade is entered, any orders for protective stop losses, trailing stops and profit targets will be automatically generated. In fast-moving markets, this instantaneous order entry can mean the difference between a small loss and a catastrophic loss in the event the trade moves against the trader.

Advantages of Automated Systems

There is a long list of advantages to having a computer monitor the markets for trading opportunities and execute the trades, including:

Minimizing Emotions

Automated trading systems minimize emotions throughout the trading process. By keeping emotions in check, traders typically have an easier time sticking to the plan. Since trade orders are executed automatically once the trade rules have been met, traders will not be able to hesitate or question the trade. In addition to helping traders who are afraid to “pull the trigger,” automated trading can curb those who are apt to overtrade — buying and selling at every perceived opportunity.

Backtesting

Backtesting applies trading rules to historical market data to determine the viability of the idea. When designing a system for automated trading, all rules need to be absolute, with no room for interpretation. The computer cannot make guesses and it has to be told exactly what to do. Traders can take these precise sets of rules and test them on historical data before risking money in live trading. Careful backtesting allows traders to evaluate and fine-tune a trading idea, and to determine the system’s expectancy – i.e., the average amount a trader can expect to win (or lose) per unit of risk.

Preserving Discipline

Because trade rules are established and trade execution is performed automatically, discipline is preserved even in volatile markets. Discipline is often lost due to emotional factors such as fear of taking a loss, or the desire to eke out a little more profit from a trade. Automated trading helps ensure discipline is maintained because the trading plan will be followed exactly. In addition, “pilot error” is minimized. For instance, if an order to buy 100 shares will not be incorrectly entered as an order to sell 1,000 shares.

One of the biggest challenges in trading is to plan the trade and trade the plan. Even if a trading plan has the potential to be profitable, traders who ignore the rules are altering any expectancy the system would have had. There is no such thing as a trading plan that wins 100% of the time. After all, losses are a part of the game. But losses can be psychologically traumatizing, so a trader who has two or three losing trades in a row might decide to skip the next trade. If this next trade would have been a winner, the trader has already destroyed any expectancy the system had. Automated trading systems allow traders to achieve consistency by trading the plan.

Improving Order Entry Speed

Since computers respond immediately to changing market conditions, automated systems are able to generate orders as soon as trade criteria are met. Getting in or out of a trade a few seconds earlier can make a big difference in the trade’s outcome. As soon as a position is entered, all other orders are automatically generated, including protective stop losses and profit targets. Markets can move quickly, and it is demoralizing to have a trade reach the profit target or blow past a stop-loss level – before the orders can even be entered. An automated trading system prevents this from happening.

Diversifying Trading

Automated trading systems permit the user to trade multiple accounts or various strategies at one time. This has the potential to spread risk over various instruments while creating a hedge against losing positions. What would be incredibly challenging for a human to accomplish is efficiently executed by a computer in milliseconds. The computer is able to scan for trading opportunities across a range of markets, generate orders and monitor trades.

Minimize emotional trading

Allows for backtesting

Preserves the trader’s discipline

Allows multiple accounts

Mechanical failures can happen

Requires the monitoring of functionality

Can perform poorly

Drawbacks of Automated Systems

Automated trading systems boast many advantages, but there are some downfalls and realities traders should be aware of.

Mechanical Failures

The theory behind automated trading makes it seem simple: Set up the software, program the rules and watch it trade. In reality, automated trading is a sophisticated method of trading, yet not infallible. Depending on the trading platform, a trade order could reside on a computer, not a server. What that means is that if an internet connection is lost, an order might not be sent to the market. There could also be a discrepancy between the “theoretical trades” generated by the strategy and the order entry platform component that turns them into real trades. Most traders should expect a learning curve when using automated trading systems, and it is generally a good idea to start with small trade sizes while the process is refined.

Monitoring

Although it would be great to turn on the computer and leave for the day, automated trading systems do require monitoring. This is because of the potential for technology failures, such as connectivity issues, power losses or computer crashes, and to system quirks. It is possible for an automated trading system to experience anomalies that could result in errant orders, missing orders or duplicate orders. If the system is monitored, these events can be identified and resolved quickly.

Over-Optimization

Though not specific to automated trading systems, traders who employ backtesting techniques can create systems that look great on paper and perform terribly in a live market. Over-optimization refers to excessive curve-fitting that produces a trading plan unreliable in live trading. It is possible, for example, to tweak a strategy to achieve exceptional results on the historical data on which it was tested. Traders sometimes incorrectly assume a trading plan should have close to 100% profitable trades or should never experience a drawdown to be a viable plan. As such, parameters can be adjusted to create a “near perfect” plan — that completely fails as soon as it is applied to a live market.

Avoid the Scams

While you search for your preferred system, remember: If it sounds too good to be true, it probably is. There are a lot of scams going around. Some systems promise high profits all for a low price. So how do you tell whether a system is legitimate or fake? Here are a few basic tips:

  1. Scrutinize anything you’d have to pay for before you pay or lay down any money for a trading account and always ask questions. If you don’t, you may lose money in the end.
  2. Do your research and make sure you know everything about the system in question. And be sure to read the terms and conditions before you commit.
  3. Are there any testimonials you can read? Check third-party sites or even financial regulatory sites for reviews.
  4. Does the system come with a trial period? A lot of scam sites won’t offer you a trial.

Server-Based Automation

Traders do have the option to run their automated trading systems through a server-based trading platform. These platforms frequently offer commercial strategies for sale so traders can design their own systems or the ability to host existing systems on the server-based platform. For a fee, the automated trading system can scan for, execute and monitor trades, with all orders residing on the server. This often results in potentially faster, more reliable order entries.

Before you Automate

The word “automation” may seem like it makes the task simpler, but there are definitely a few things you will need to keep in mind before you start using these systems.

Ask yourself if you should use an automated trading system. There are definitely promises of making money, but it can take longer than you may think. Will you be better off to trade manually? After all, these trading systems can be complex and if you don’t have the experience, you may lose out.

Know what you’re getting into and make sure you understand the ins and outs of the system. That means keeping your goals and your strategies simple before you turn to more complicated trading strategies.

And remember, there is no one-size-fits-all approach. You will need to figure out your preferred strategy, where you want to apply it and just how much you want to customize to your own personal situation. All of that, of course, goes along with your end goals

The Bottom Line

Although appealing for a variety of reasons, automated trading systems should not be considered a substitute for carefully executed trading. Technology failures can happen, and as such, these systems do require monitoring. Server-based platforms may provide a solution for traders wishing to minimize the risks of mechanical failures. Remember, you should have some trading experience and knowledge before you decide to use automated trading systems.

All You Need to Know About Trading Software

Trading on the financial markets takes experience, time and an understanding of what factors impact market movements. While some people have mastered the art of analyzing these movements and knowing when to enter or exit trades profitably, for others, this remains a mystery.

  • To assist in finding trading opportunities in the markets, trading software has taken center stage.
  • Today, software platforms are the main facilitators of market analysis and day trading in financial products, such as currencies, cryptocurrencies and stocks.

The many online brokerage firms available, provide their clients with access to trading software, which they use to easily manage their accounts and place the trades they want in the financial markets.

Traders are also free to purchase third-party trading platforms or additional software that enhances their trading experience or supplements the broker-supplied platforms. This type of software might be used to pinpoint potentially profitable trading opportunities in the markets based on specific parameters set by the traders, or even to engage in automated trading that will open or close a trade automatically in the trader’s account once certain markets conditions are met.

No matter what your trading preferences are, powerful and intuitive trading software will enable you to trade a wide range of assets profitably in the financial markets.

What Is Trading Software?

Understanding Trading Software

Essentially, automated trading software is a computer program that runs online autonomously and interacts with a variety of financial exchanges directly to place buy or sell orders. The software generally connects using Application Programming Interfaces (APIs) to retrieve and analyze relevant market information and to act on its interpretation of the data through specific algorithms.

  • Trading software will usually analyze various market actions including trading volumes, numbers of orders, pricing of assets and timing, but can often also be pre-programmed to follow the trader’s preferences and risk-level.
  • Trading software continues to grow in popularity among traders worldwide since it has the ability to find trading opportunities in the markets 24 hours a day, 7 days a week.
  • Trading software never sleeps.
  • In addition, trading software is able to do all the analysis for the trader, while still enabling the trader to stay in full control of their trading activities, at all times.

Additionally, a correctly programmed trading software platform allows for trades to be executed quickly and more efficiently than would be possible if traded manually.

Trading Robots

Also known as trading robots or “bots,”, trading software is able to make trading decisions based on their algorithms and the monitoring of movements in the stock, cryptocurrency or forex markets. The software is also backed up by a set of predetermined rules or parameters, which have been entered by the trader.

  • This ensures that if the software has been automated, it will only enter or exit trades that match the preferences as set out by the trader.
  • Trading software is beneficial to both new and advanced traders and it enables new traders to learn about financial trading, while watching the software in action.

More experienced traders can use trading software to find and test potentially lucrative trading opportunities based on their trading parameters.

Accessing Trading Software

Despite being a popular choice in the financial markets and among large institutional investors, trading software used to be inaccessible to the average individual investor as they used to cost a lot of money.

Today, however, traders are able to access a wide range of trading software, each with their own unique features, pros and cons. In addition, some of the trading software is available free of charge.

How Trading Software Works

Trading software is designed to react to market movements. It gathers the data it requires in real time and can execute trades on a trader’s behalf based on analytics built into the system. Most trading software applications use the exponential moving average (EMA) as their starting point when carrying out analysis of the market.

Because EMAs track the market over a set period of time, the bots can be set up to react to the price action of an asset– for instance, enter or exit a trade when the price moves beyond a particular threshold.

Programming Trading Software

Some trading software, such as the Bitcoin Code, are programmable, thus allowing you to establish parameters that correspond to your personal risk appetite and trading preferences. This feature is very important when trading most assets, such as cryptocurrencies, since markets can be exceptionally volatile.

By being able to program the software to only enter or exit trades based on specific parameters, you are able to ensure that you never miss a trading opportunity and that you are only making trades that meet your trading style. You are also able to limit your trading activities based on your available trading capital.

Automated Trading Software

One of the biggest benefits of effective trading software is that they can be automated. That is, you can set the trading software to enter or exit trades on your behalf without having to even interact with the software. Once you have set your trading rules, the software will act accordingly.

The one benefit of this is that the trading software works even while you are asleep and it is not influenced by any emotions which could negatively impact one’s trading activities. Another benefit is the speed at which trading software works.

If you are a trader, then you fully understand the importance of acting quickly in the financial markets. Any minute wasted could be a wasted profitable trade. Trading software reacts to market conditions in real-time.

Does Trading Software Work?

The answer to this question is that trading software does work but not all trading bots have been created equally. There are many software systems available in the market that offer perfect results but this is really not possible in the financial markets.

While the market movements can be accurately analyzed, events can happen in an instance which can move the markets in an unexpected direction.

Also, with some trading software, the default settings may not necessarily be a fit for everybody and may require tweaking. Based on this, it is vital to select trading software that can be configured based on your trading needs and one that also allows for both automated and manual trading. This will ensure flexibility and will give you full control of your trading activities.

Which is the Best Trading Software?

As mentioned above, the best trading software is one that minimizes the effect of emotion on trading, while ensuring that it sticks to the trading strategy you choose. With automated trading software, because the trading software will automatically execute a trade order as soon as your set conditions are met, you do not have the chance to question a trade or hesitate on its execution. In addition, good trading software will prevent you from overtrading.

  • That is, buying and selling at every opportunity regardless of the market condition.
  • Another feature of the best trading software platforms is that they give you the ability to carry out back-testing.
  • Back-testing involves the application of your trading rules to the historical market data to establish whether a strategy is viable.
  • The automated trading system is designed to work on absolute trading rules that are not open to different interpretations.
  • This means that the platform should execute your trades precisely according to your instructions without any guesswork.
  • The best trading software will help you to preserve your trading discipline.
  • Because the rules of the trade are set to be automatically executed, discipline is maintained even in volatile markets.
  • Often, emotional factors, such as the fear of making losses or a desire to make more profit from an unviable trade, result in the loss of trading discipline.
  • A good trading software platform follows your rules precisely, eliminating any overly cautious or extremely risky behavior that is common in manual trading. There is also no room for human error – for instance, the software will never enter a purchase order of 100 lots instead of a sell order for 1,000 units.
  • Back-testing is an important part of any risk management strategy when trading, since it lets you test your rules on past data before you commit your money to live trading.

Not only does backtesting let you fine-tune your trading ideas and verify that they are viable, but it also helps you to calculate your system’s expectancy, which is the average amount of money that you should expect to gain (or lose) for each unit of risk. Some trading software has already done the backtesting for you and will provide you with a percentage of their system’s accuracy.

      • The higher the success rate, the higher your profits are likely to be.
      • In addition, some software systems come with its own performance characteristics, fee structures and a host of other features which could have an impact on profitability.
      • All of these are factors that a trader should look into before opting for a particular piece of trading software.
      • Before making a decision on your trading software of choice, investors and traders need to carefully consider the features they require.

Traders who need to get in on the action throughout the day, may prefer a completely different type of trading software to those who simply want to be able to place trades in the evenings. Also, what types of assets do you want to trade? Only forex? Only stocks? Do you want to trade Bitcoins? Once you understand what your trading requirements are, you can then select the appropriate trading software.

Trading Software for Stocks

The first auto trading software online appeared as a response to the need by individual investors to access the stock market easily, without having to learn the ins and outs of the share market. Generally, automated trading software is an application which is linked seamlessly to a direct access brokerage.

  • Any special rules that should be followed in trading will have to be written in the proprietary language of the platform.
  • For example, the world’s most popular online trading platforms, the ubiquitous MetaTrader 4 and MetaTrader 5, are built on the MQL software programming language, while NinjaTrader is powered by NinjaScript.
  • The pioneering stock trading software applications were largely built around trading “wizards,” which are options which let traders select choices from a collection of popular indicators in order to set up the rules for their trades on the platform.
  • For instance, a trader could decide to have the software enter a long trade when the 50-day moving average for a stock moved above the 200-day moving average on the instrument’s chart.

Traders also have the option to enter the kind of order they would like (for example, market order or limit order) and to determine the exact asset price at which the trade should be triggered. Stock trading software has default settings for this, but many traders opt to use their own strategies or utilize custom indicators.

Although using custom settings requires considerably more effort compared to using the wizard, platforms like Stock Master allow traders to choose their parameters of trading and to remain in complete control, giving them more rewarding results. In addition, this powerful and effective stock trading software is free to use.

  • Stock Master was developed by a veteran stock market player, software developer and entrepreneur, David Campbell.
  • He was able to discover an effective way to use advanced market analysis to pinpoint trades with a high profitability potential.
  • Once you have set up your trading rules in Stock Master, the platform monitors the stock markets continuously to identify potentially profitable buy or sell opportunities.
  • You also have the choice of selecting a top broker from the range of trusted broker partners linked to Stock Master and if you set this software to automated, it will then place trades on your behalf when the necessary conditions are met.

Once the stock trading software enters a trade that is based on the rules you have specified, Stock Master automatically and transparently handles details like stop loss, trailing stops or profit targets, as per your selection, in a fraction of a second.

  • In the fast-paced world of stock trading, the rapid order entry that is possible using the automated trading software could spell the difference between a huge profit and a disastrous loss.
  • As with any trading system available online, the stock trading software that you choose will boil down to your specific needs.
  • You need to identify what matters most to you and act on what you consider to be your priorities – functionality, data analysis, price or any other detail.

Stock Master covers a wide range of trading styles plus it analyses the markets with laser accuracy, ensuring that top trading opportunities are always found.

Access the Best Forex Trading Software

There are many features that traders look at when determining the best forex trading software for them to use. To be truly great, a forex platform should be robust, but at the same time user-friendly. This is because the software is indispensable in performing the tasks below:

Market Analysis:

Trading software helps to streamline the analysis of market price action. This is as a result of the included technical analysis tools, charting capabilities and market indicators. Market analysis is a core component of trading profitably – if you don’t know why the markets are moving and where the are expected to move in the future, you will not succeed.

Trade Execution:

The trading software offers several ways for a trader to enter or exit the market. The can be manually, semi-automatically and automatically.

Strategy Development:

Strategy development techniques are supported by system features, such as optimization and back testing. This is an effective way for any trader to test the success of their skills and strategies.

Forex trading is undoubtedly a highly competitive and very fast-paced arena. If a trader is to keep themselves from falling behind the curve, they need to identify and use trading software platforms that feature a combination of innovation, flexibility and bleeding-edge technology. Algo Signals are among the applications that have gained popularity for this reason.

The Best Bitcoin Trading Software

The popularity of the cryptocurrency Bitcoin has also led to increased interest in automated Bitcoin trading software. This is because these applications can be set up with specific trade parameters and they will find favorable market conditions and execute the trades without any need for human intervention.

  • What’s more, some of these Bitcoin trading bots are actually consistently more successful in their trades than human traders.
  • Unlike the case of the stock market, cryptocurrency markets never close and they never sleep.
  • This is often a highly stressful situation for experienced traders as well as the millions of casual investors who have put their money into the industry hoping to make big returns.

If you are familiar with cryptocurrency trading, then you will also be familiar with either the joy or sinking feeling you get when you wake up in the morning to find a pleasant or nasty surprise when you check your crypto investment portfolio to see a large gain or huge losses. This is where automated Bitcoin trading systems come into play.

The explosion in popularity of cryptocurrency trading, especially trading in Bitcoin, has led to a massive increase in the number of automated trading systems designed specifically for the crypto space, including Bitcoin Code, Bitcoin Trader and Bitcoin Loophole. These leading software programs have enabled thousands of traders worldwide to profit from the cryptocurrency market.

The leading Bitcoin trading software include:

Bitcoin Code:

This software platform was developed on the basis of the ideas of Steve McKay, a specialist in algorithmic systems for the cryptocurrency market. The software takes a minimalist approach to the analysis of market data, by narrowing down to a single, very specific aspect of the market in order to pinpoint potentially profitable trading opportunities. It is said that the system is capable of isolating as many as 97 opportunities per day. The results of each trade are then openly displayed so that traders can monitor its success rate and also verify profits or losses.

Bitcoin Trader:

This is one of the newest systems available on the market today. It is an innovative system which is built on the basis of an almost foolproof collection of algorithms designed for passive investors in the cryptocurrency segment. Bitcoin Trader’s programming is some of the most advanced in the world andit focuses largely on how quickly trades are executed. In fact, the software’s automated trades are executed about 0.01 seconds quicker than the movement of the market, a feature the developers call “time leap.”

Bitcoin Loophole:

Everybody loves it when they discover a glitch in the matrix. This is exactly the kind of thing Bitcoin Loophole was designed for. Built to be deadly accurate yet user friendly, it is an excellent choice for both new traders and seasoned pros. Depending on a trader’s preferences, they may opt for one of these methods when setting up the trade parameters: Classic, Martingale or Fibonacci. Additional trading parameters that are open to customization include the number of trades to be handled, the trade size and whether a low, medium or high-risk strategy should be used.

Traders who want to get in on the Bitcoin and cryptocurrency action, may find that their needs are served well by elite, automated systems like Bitcoin Code, Bitcoin Trader or Bitcoin Loophole. If you have never traded cryptocurrencies before, using a tried and tested trading software as mentioned above, is definitely the first step you should take if you want to step into the trading arena with confidence.

Is it Worth Using Trading Software?

The short answer is, YES! However, as with most things in this world, it’s about choosing the right one. With the popularity of automated trading software in the forex, stocks and cryptocurrency markets, there are many options available online.

As you carry out your search for the best trading software, you will undoubtedly encounter pages promoting platforms that promise you unrealistic returns and features, so its important to be aware that while automated software can produce exceptional results, no software can guarantee you 100% success.

The best trading software, such as Algo-Signals and Bitcoin Trader are reputable systems that not only offer you realistic, but excellent returns from trading and do not charge you any fees or commissions to use it.

Plus, and most importantly all the money you deposit with a broker through the platform is available to you to trade, profit from and withdraw whenever you please. As a cryptocurrency, forex or stock trader, it is important that you are able to identify genuine quality software and be prepared to test them out.

The Final Word

Using online trading platforms to trade is something that takes time to master. This is because it requires you to develop a strategy or learn one, then practice for several months until you consistently earn profits. Most platforms also require you to consider your personal circumstances – you will have to consider if you have enough capital and the time to trade on a live account.

  • Forex trading software, particularly trading software for Bitcoin trading, are a great help to traders since they ensure that they are always exposed to the financial markets, even when they are not physically at their trading stations.
  • However, it is important to remember that these systems are meant to augment a trader’s analytical skills, not to act as a substitute.

Despite this, Stock Master, Algo Signals and Bitcoin Trader, along with other similar trading applications, make forex, stock and Bitcoin trading stress-free and more profitable by removing the emotions, which cause overconfidence or doubt, while strictly dealing with real-time market data.

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