Forex Trading Robot
All of the robot trading systems use technical analysis, and work on the basis of program trading, meaning they are pieces of software code that are programmed to execute according to certain technical analysis rules. Often these systems are sold through system developers as "black box" trading systems, meaning you don't know the actual rules of technical analysis the system uses, but you have access to historical results of the system. Because at it's core, the robots execute a set of rules based on technical analysis, you can make these systems yourself through some of the trading platforms that are available in the market. One of these platforms is TradeStation (tradestation.com), which has a capacity to execute trades based on programming language the platform uses, called EasyLanguage, the custom programming language of the system, very much similar to what the macro functions do in MS Excel. Most of these systems work through the internet to the brokers accounts, and if you trade with enough volume, it could be feasible to go for developing your own proprietary robot system that works from your computer. To hire a coder to such programming work, where you can set the parameters for your trading and change them according to your wishes, you can use the coders found online, for example, at such places as www.rentacoder.com. You can also purchase a ready-to-use program trading system, or a trading robot, from the system vendors. These vendors include such companies as
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