Robots

Hi all,
I'm brand new to Forex. Is there software out there that allows you to create your own program, i.e. custom make your own Currency Trading Robot? Also is it possible to trade directly from that platform (do I also have to sign with for example FXCM). Thanks everyone for your help

Newbie

MetaTrader (MT4) is a common platform used by traders at Forex Factory. And there are many automated systems or robots to be found here in the Trading Systems forum under the name of Expert Advisor (EA). One of the good things about the platform is that it is supported by a variety of brokers (such as FXDD, FXCM, InterbankFX, Alpari, etc). You can sign up for a free demo account with any such broker and test your EA.

Some other robot threads:

http://www.forexfactory.com/showthread.php?t=156505
http://www.forexfactory.com/showthread.php?t=90062
http://www.forexfactory.com/showthread.php?t=144982

for the reply, but does meta trader allow me to custom make my own Robot (tell it when to place orders, stop losses limits etc etc) and then let me go to work for the day. Thanks again

This website is the easiest way to create your own EA if you have a plan on what you want to have your entries and exits based on:
http://sufx.core.t3-ism.net/ExpertAdvisorBuilder/

If you code well, you can probably have the darn thing speak in a sultry voice, prepare your meals when you come home from work to gather all your pips into the basket she wove for you, and do a number of miscellaneous and sundry things, limited only by your tastes and perversions !

In fact, the perfect "stepford wife"

mp

thanks for the all of the help I'll check it out