MetaTrader 4 Automated Forex Trading and Expert-Advisors CodeBase Library

MQL5 Code Base is the official coding community for automatic forex trading commonly known as Expert Advisors or EA Forex Robots. EA Forex Bots is a popular topic. However, the challenge is how to find good quality EA. This is where MQL5 automatic forex trading Market comes in: hosted by Meta-Quotes Software Corp. , The developers of MetaTrader Platform - to get a good quality automatic forex trading Expert Advisor one Should join this EA code-base.

A library of Bots & automatic forex system trading

Forex Trading Strategies EAs - EA Forex Expert-Advisor: www.mql5.com/en/market

For a new forex beginner wanting to know what is automated trading, the place to begin at is at the official MQL5 code base that's hosted by Meta Quotes Software Corp. Maker of MetaTrader 4 Software.

Get Free Expert Advisors for MT4 as Well as Paid Ones

About automatic forex trading Expert-Advisors

You can go to the automatic forex trading codebase website and learn how to code automatic forex trading and write an EA. But because most people may not want to learn a programming language or take on the task of building automated trading systems online & might want to use their time for trading currencies & making profits, for those who don't want to learn programming they can directly access the Forex robots listed on this market: where coders using EA Forex Robots which are profitable sell their automated systems, others can then buy from them or order one to be coded for them from this automatic forex trading codebase.

This codebase for automatic forex trading is also a good place for experienced traders, it allows those who can demonstrate that they have profitable Forex trading bots to get additional revenues by selling their Expert Advisors, these are also made available directly From the MT4 software, where potential buyers of EA Robots can access them. Screen-shot below shows how a trader can access these MetaTrader 4 automated trading Expert-Advisors on their platform.

Access automatic forex trading From the MT4 Platform

EA Library - for Traders Wanting to get automatic forex system trading

From the above image trader can access the Codebase Market of automatic forex trading directly from their platform. A trader can then automatically install the Expert-Advisor on to their MT4 software & start trading with it. The Market contains free forex trading Expert Advisors as well the paid ones. A trader can also try out any of the above Expert Advisors by downloading their demo trading version after signing up in this Community.

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

How to Get a an Automated Forex Robot

Once you have downloaded MT4 Software and installed it on your computer. You will then have to open MT4 Toolbox: The Tool Box can be accessed by pressing CTRL+T keyboard shortcut keys. After launching the toolbox choose " Market " tab as illustrated and shown on the screen shot below.

A list of available automatic forex trading EA Bots will appear as illustrated below. You can also choose a forex trading robot from the different categories as shown and illustrated below.

Library of automatic forex trading Expert Advisor Robots

You can then select one of the automatic forex trading that is suited for your style method. Each & Every item on this list has extensive description of how it operates and you can use this information to select one that is suited for 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 and shown on image above. If you need to learn what is an automated trading EA, custom indicators, libraries, panels, utilities and analyzers on forex platform are you will need to visit the Codebase Community.

Once you've visited & decided which type of application you require, next step is to register & become part of this coding community. After signing up you'll then get an account & you can interact with other forum members & have access to multiple Expert Advisor Forex Robots. To register - go to Registration Page on their web site.

After signing up in automatic forex trading community you will then need to obtain credits. Credits is the currency which is used in order to obtain the automatic forex trading available. To get credits you'll first need to deposit some money in to your MQL5 account.

You will then use this MQL5 account & password which you get to set up the Forex automation on your MT4 software as illustrated below. These settings will be set on your MT4 software that's installed on your Desktop PC computer, & not on MQL5 web-site - but you'll first get them from MQL5 site then set them on your MT4.

Setting Up An Account to Use for automatic forex trading through MetaTrader 4 Platform

Log in to MQL5 Account from MT4 Software

To obtain to the above window panel, Navigate to " Tools", Next to " File, View " at tops left corner of MT4 software. Click on Tools >>> Click on Options, the above window panel will pop-up.

Select " Community " as displayed above, & then type your Login details: Your Login & Password.

Once this is complete you'll now have complete access to the Market, & you can set up any of the Forex robots on your platform and start automated trading.

How to Test automatic forex trading Strategy Before Buying

Before buying an automatic forex trading, there is an option to test out and find the automated trading strategies that work for you before buying - by downloading demo edition of the automated online system 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 Forex Strategy Tester window.

Review & Information of automatic forex systems online review details

From the example above, screen-shot shows you how to set up an Automated EA from MetaTrader 4 platform tool box by buying it using your credit points or by first downloading the demo robot download version to test out the strategy.

All these automated trading strategies online are available from MQL5 & they can also be accessed from MetaTrader 4 Software. Once a trader gets an automatic forex trading they can then activate & open this application from 3 different Computers.

Posting Of Automated Trading EAs by Expert Advisor Developers and Forex Analysts

As a developer of Expert Advisors which are profitable, you can get to post your Expert-Advisor by registering as an automated Expert Advisor bots seller. You can get access to big number of potential customers by posting your robot which can become a mass selling product.

Once you complete the registration process your Automated online trading EAs will be hosted in MQL5 Community & you will make money every time your Expert Advisor is bought. As a developer you get to set the price for your Expert-Advisor, the more profitable it is the more dollars you can set it for.

Once you setup your registration, traders can then buy & download your automated EA bots directly from their MetaTrader 4 Platform. Each purchase must get an activation code from the MQL5 Community, activation code is only limited to a few computers, Three computers. Therefore no one can buy & then start reselling your Automated Expert-Advisor Online because it would need an activation from MQL5 CodeBase Community

To protect developers, each purchase is associated to account of a trader on MQL5 web-site and a specific PC computer, purchase is not associated to the broker platform neither is it associated to the forex account with the broker. It is only associated to the account which the trader has on this Community.

Those Forex traders wanting to buy any of the automatic forex trading can also try the demo editions of the trading Robot, but this edition can only be run on ' Strategy-Tester', & demo edition cannot be run on real currency market trading environment. This ensures a buyer can test an Expert Advisor's profitability before buying it, at same it will also ensure that the demo edition of your Automated EA cannot be used to transact on the real market, not until the time when it has been purchased and activated.

How to Select one of the automatic forex trading Bot

All EA Forex Bots are listed on MT4 automated software have snap-shots & a brief review that one-can click and read about each.

list of Expert Advisor Forex Robots in MetaTrader 4 That Can Be Used for Automated Trading

Upon clicking on any of these automatic forex system trading, one can read the review its information which will include even the history of the transactions made that look like the review below:

One can then select any of the automatic forex trading program from list of those provided depending on one that is most profitable & suitable for them based on their forex trading strategy method.