Saturday, April 30, 2011

step 1

This is intended to be an introduction to the world of robotic Forex trading. By the end of this you should be able to construct a working automated Forex trading robot. These automated trading bots are called Expert Advisors, EA’s for short. I am going to assume that you do not have much FX trading experience and walk you through the whole process of setting up your first EA.


Step 1. Download and install MetaTrader4. This is the platform our EA's will run in. Once MT4 is downloaded go ahead and start it up. Just click cancel on any dialogs that show up. We are not going to hook it up to an account yet, we are just going to set it up so that you can play around and backtest your EA's. Once MT4 is up and running you should see something like the following screen.


(click for life size version)

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