Forex Software

Forex Software For Automated Forex Trading

There's no way anyone could trade 24/7 throughout the trading week. If you are the type who trade based on longer term (keeping trades on for days or weeks and beyond), then you probably won't spend much time in front of your trading screen on a daily basis.

Then again, if you happen to be day trading and waiting for your perfect entry in the Forex market is a problem. Meet Expert Advisor - Forex software that are programmed to do what you want them to do so that you won't need to be stuck with your trading desk...

The Benefits of Automated Forex Trading

Errr, how cool is that anyway? Train a robot to execute what you'd want to do - i.e. teach them your Forex trading strategies and they will carry it out without complaints, without fear, without greed and all sort of emotions. I'm gonna ask this again - how cool is that?

Experienced Forex traders would all agree that Forex trading can be extremely ruthless. On a winning streak? Greed strikes and you'd want moreeeeeee. Losing a couple of trades by now? Man, your fingers are shivering when you are pondering if you should be click that blue buy button... Oh, wait, issit the red sell button now? OMG! I'm late! It should have been a Buy, let's short it now!

Dang!

Another loser.


The above illustrations sound familiar to you but you're not alone. It happens to ALL of us. Forex trading is a bitch. Having said that, Forex software should be the "Holy Grail" of the Forex trading, correct? When MA1 crosses over to MA2it is a buy, and vice-versa. Oh, let's not forget to take profit when it reaches +50 pips... And SL automagically hit at, say 40 pips. Mmm, smart money management, eh?

Oh yeah, you have now found your money tree and da golden goose... Now what?

 How To Get Your Expert Advisor Software - Quick And Easy

No joke, pal, but don't get overly excited in this. First off, many of us do not know programming. We don't even know any other keyboard shortcuts other than Copy, Paste and Cut. 

Does that means the end of the world? Nope. You have heard that experts are spending millions of dollars to build a super EA that makes them money day after day, correct?

The truth is, you can hire a programmer on oDesk to build your own EA with limited budgets. Depending on the complexity of your Forex trading strategy, an full fledged EA - that comes with money management and a myriad of advanced features can cost anywhere from $200 to $1000.

If you only want a simple MA crossover systems, then its gonna be something like $20 to $50.
 I did a couple of projects with some oDesk outsourcers and the results have been great. I never imagined I could automate my trading systems with to such a level and the EA only cost me like $250.

... And I made over $4000 with that EA in 3 months, so its really a pretty good investment. I hope my blog post has helped clear your doubts about Forex software and led you to a simple and inexpensive way to materialize your Forex strategies. Good luck!