Forex Trading Bot

A Forex Robot is a type computer program, designed to follow a specific set of trade signals and settings in determining the best prices at which you can buy or sell a currency pair. Forex robots were meant to help eliminate emotional and psychological biases when trading and also automate the forex industry. Most of these are developed to work on the MetaTrader 4 platform as expert advisors where they use complex mathematical algorithms to monitor the markets, major news and announcements as well as price actions in determining the best points at which to enter or exit the market. Ideally, they were meant to help both beginners and experienced international currency traders maximize their returns on investments and automate their trades fully or partially. 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