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Auto-Trading
What is automated trading?
Trading Strategies is programmed and installed in the trading platform; the computer then executes the trades according to the criteria set in the program automatically. However, not all the trading platform support automated trading. MT4 platform is one of the popular trading platforms supports automated trading. This automated trading feature is called Expert Advisor in MT4.
I am new to Forex Trading, Can I use Auto-trading?
Yes, you don¡¯t need to be a experience trader to have automated trading, it is easy to setup; however, some knowledge about the forex market will help to understand the risk of forex trading.
Can I use the Automated Trading System as a signal for manual trading?
Yes, you can subscribe our Receive-a-Signal service to receive the trading signals sent from our server and have the signals showed in your platform, As long as you don¡¯t enable the Auto Trading feature in your trading platform, the computer will not execute the signals for you.
Can I use the EA for multiple pairs?
Yes, you can use EA for multiple pairs. Each EA has a ¡°magic number¡±, all the trades execute with the specific EA will related to the ¡°magic number¡±, other EA can¡¯t access to it.
However, you have to pay attention on your trading capital and make sure you have enough trading capital to support multiple EA.
Can I use manual trading while my auto trading is running at the same time?
Two or more computers run in a local network to share their resources so that achieve the purpose of balance the workload and protect each other against equipment failure. Cluster prevents the interruption due to hardware breakdown and allows other computers in the network to take over the workload.
Yes, it is the same as above question.
Back test report shows the past performance of the EA, it is a good reference for EA development, however, it accuracy of the report is depends on the integrity of historic data. Forward test runs in live. Its report is much more reliable than the back test report since it is base on the real data.
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