How to Build a Forex Robot or Forex EA 💡

  • 2020.05.24
  • EA
How to Build a Forex Robot or Forex EA 💡

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How can I build a Forex EA? How to build a forex robot or EA from a trader’s perspective? How do you go about creating a trading robot? I am not somebody who builds these but I’ve been trading many years and I’m approaching this question from the angle of a trader. This is my opinion if someone were to ask me to build a trading robot. A trading robot is basically an automated forex trading system.

How to Create Trading Robots or Forex EA

1. Pick a condition – trend, range, volatility expansion?
2. Design a filter for that condition.
3. Use a broad strategy as a foundation.
4. Design without stops/targets at first.
5. Bring in risk management last.
6. Work on how to implement it less (not more).

#trading_robot #forex_robot

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