Expert Advisors

Expert Advisors (Forex robots) are programs that allow complete automation of both analysing and trading processes. Based on any standard or custom indicators, or specific algorithm, they can be your successful tool in the Forex trading. They work by monitoring the market 24 hours a day without human intervention, looking for certain parameters to place trades. The expert advisor is capable of monitoring many markets at once, giving you access to many more trading opportunities than you can analyse by yourself.

If you have a trading strategy or a strategy idea we can build a custom Forex robot based on it. Explain your ideas and requirements to our team and we will provide an estimate for developing your expert advisor according to the complexity of coding.

Custom Indicators

A Technical Indicator is a series of data points used to analyse markets and predict the price movement. That is why before plunging into the largest trading market in the world every trader has to be equipped with these tools.

Technical indicators are the indispensable tools of the Forex trader. They take an important part of the automated systems too, as expert advisors are commonly based on one or more technical indicators. RoboFx can build any custom indicator from mathematical formulae to help you in your trading.

Scripts

MetaTrader Scripts are programs that automate single frequently repeated operations. They are fast and reliable. For example, by a single keystroke a script can open a trade on any pair with stop loss and take profit set, without having to adjust anything manually. This allows the trader a very quick response to the changing markets. Or you can close all your opened positions at once. When the script is run, it finishes its operations and exits, so next time you have to run it again. On the contrary the expert advisors are watching the market constantly without the need to run them again and again.

If you prefer the manual trading then scripts can be very helpful tools for your Forex trading. Scripts are easy to program and take less time for development. To show you the potential of MetaTrader scripts, RoboFx presents some scripts for free in download section.

Libraries

Libraries are useful for software companies or developers. A set of frequently used functions is implemented in the form of library that can be accessed from several applications. Libraries can be used for error handling, report generation, file operations, communications between applications, etc.

MQL projects can be connected to other applications via DLL (dynamic link libraries). DLLs can make your trading system extremely powerful and flexible. Here are few examples of what DLLs can do:

• Downloading data from the Internet;
• Database bridges (MySQL, MSSQL, etc);
• Data exchange between MetaTrader and MS Excel;
• Direct communication between different MetaTrader terminals;
• Licensing solutions;
• MQL code protection;