The first own AI robot. As a forex expert with 25 years of experience, i having developed my own robot based on the own indicators.
Creating a trading robot can be a complex and challenging task, requiring a combination of programming skills and market knowledge.
Having your own indicators can be a valuable asset as they reflect your unique trading strategies and insights. These indicators likely help you identify entry and exit points, analyze market trends, or generate signals for your trading robot.
When building a trading robot, there are several factors to consider: 1. Strategy: Define a clear and effective trading strategy that aligns with your indicators and trading goals. This strategy should include criteria for entering and exiting trades, risk management guidelines, and any other rules you follow as a trader. --> 100% wining trades
2. Programming: Develop the robot's algorithm using a programming language suitable for automated trading, such as Python or MQL4/MQL5. The code should incorporate your indicators and trading strategy into a logical and executable form. --> MQL4
3. Backtesting: Test your trading robot using historical data to evaluate its performance. This step helps you assess how well your robot would have performed in the past and can provide insights into its strengths and weaknesses. --> Backtest done 100% working
4. Optimization: Fine-tune the parameters of your indicators and trading strategy to improve the robot's performance. This iterative process involves adjusting variables, conducting further backtests, and analyzing the results to enhance the robot's effectiveness. --> optimization based on pairs
5. Risk Management: Implement appropriate risk management techniques within your trading robot to protect your capital. This may include setting stop-loss orders, position sizing algorithms, or incorporating risk-reward ratios into your strategy. --> no stop-loss but lot size calculation for the risk management
6. Real-time Monitoring: Deploy your robot in a simulated or live trading environment, monitoring its performance closely. Regularly analyze its results and make necessary adjustments to ensure it aligns with changing market conditions. --> for more details contact us
Remember that while a trading robot can be a valuable tool, it should not be solely relied upon. Continuously we update our knowledge of the forex market and adapt.
Forex results, like any form of investment, are not guaranteed for the future. The forex market is highly volatile and unpredictable, influenced by a variety of factors such as economic indicators, geopolitical events, and market sentiment. Past performance is not indicative of future performance, and there are no guarantees that a trading strategy or a trading robot that has been successful in the past will continue to generate profits in the future, but we do the best to make seriously profit.
