Free Expert Advisor for Metatrader 4
Algo trading also known as algorithmic trading and black box trading consists of trading systems that are extremely dependent on complicated mathematical formulas along with top speed computer programs to decide strategies of trading.
These strategies make use of electronic platforms to input orders with an algorithm which executes programs trading instructions that are pre-determined and programmed making up for several variables such as price, volume and time and is mostly used by investment banks, mutual funds, pension funds and much more. There are several investors and traders that appreciate Algo Trade because apart from identifying active cycles and market trends it is also easy to use and understand.
At Smart Algo Trade we have a trading system that has been developed for people who will like to earn more income. Largely due to our free expert advisor we have a one stop trading service that will improve your performance and at the same time reduce the volatility of your investment which allows you to make a profit in the Forex market when it rises and falls.
At Algo Trade our major aim is to help and assist people make money within the Forex market using algorithm trading which is made possible through our expert advisor for Metatrader 4.
Algo trading has some advantages and disadvantages, they include the following:
ADVANTAGES OF ALGO TRADING
• With Algo trading you are able diversify and spread your financial assets by trading at the same time on numerous commodities, currency pairs and indices
• Human psychological errors are prevented in trading
• The rules in Algo trading are clear concerning the placing, managing and completing an order ensuring that psychological errors made by manual traders are reduced ensuring mathematical calculations of risk are accurate.
• Algo trading has extremely fast speed unlike humans in placing, managing and completing a trade
• Algo trading allows uninterrupted training 24/5 unlike when trading is done manually
DISADVANTAGES OF ALGO TRADING
• One major drawback of Algo trading is that human judgment is inadequate as well as lack of compatibility for changes in the market such as changes in trend, volatility and rate gaps
• Certain facts and data are not available and present with Algo trading. There are some facts and data that are easily understood by humans that are avoided and cannot be encrypted by the algorithm
• While not common, there are times technological issues may occur when using the automated trading program
At Smart Algo trade we provide a guide that will assist people in learning the basics of Forex Algo trading and Forex robots that will help people become profitable traders. On our website you will find free Forex robots that have been created and developed to help you achieve some level of financial freedom through Forex trading.
If you do not have any knowledge of Forex trading, automated trading and investments in general do not despair as our guide will teach you everything you need to know about investing in automated Forex trading, making use of our best expert advisor within reasonable time and in a cost effective manner.