MQL5 Robots & Expert Advisors CodeBase Library
MQL5 CodeBase is the official coding community for automated indices trading systems commonly known as MetaTrader 4 Expert Advisors or EA Indices Robots. Expert Advisor Indices Robots is a popular topic. However, the challenge is how to find good quality stock index trading robot. This is where MQL5 Expert Advisor Market comes in: hosted by Meta-Quotes Software Corporation. , The developers of MetaTrader Software - to get a good quality EA one Should join this codebase.
MetaTrader 4 forum & MetaTrader 5 forum A library of indices Bots & Automated Trading Strategies
Stock Indices EA Community - Automated Indices System Expert Advisor: www.mql5.com/en/market
For a new beginner indices trader wanting to know what is automated trading, the place to start at is at the official MQL5 codebase MetaTrader 4 forum & MetaTrader 5 forum that is hosted by MetaQuotes Software Corp. The maker of MT4 Indices Software.
Get Free Indices Expert-Advisor Robots as Well as Paid Ones
About Automated Stock Indices Bots
You can go to the MetaTrader 4 forum & MetaTrader 5 forum code-base site & get MetaTrader 4 Expert Advisor Programming Lesson and learn how to automate stock index trading and write an Expert-Advisor. But because most traders might not want to learn a coding language or take on task of building automated trading systems and might want to use their time for stock indices trading and making profits, for those who do not want to learn coding they can direct access the index trading robots listed on this Market: MetaTrader 4 forum & MetaTrader 5 forumMQL5 market is where programmers using EA Indices Robots that are profitable sell their automated indices trading systems, others can then buy from them or order one to be coded for them from this MT4 forum and MetaTrader 5 forum codebase.
This code base is also a good place for experienced indices traders, it allows those who can demonstrate that they have a profitable stock indices trading robot to get additional earnings by selling their Expert-Advisor Indices Robots, these automated trading robots are also made available directly From the MT4 software, where potential buyers of EA Indices Bots can access them. Image below shows how a trader can get access to these MetaTrader 4 automated EAs on their indices trading platform.
Access Automated Trading Programs From the MT4 Automated Indices Software
MetaTrader 4 forum EA Library - for Traders Wanting to Automate Trading
From the above screenshot trader can access the MT4 forum Codebase Market directly from their indices trading platform. A trader can then automatically install the Expert Advisor on to their MT4 software and start trading with it. The Market contains free Expert Advisors as well the paid ones. One can also try out any of the above Expert Advisors Expert-Advisor Trading Robots by downloading their demo version after signing up in this MT4 forum Community.
As a trader wanting to get professional automated trading programs & strategies this is the place where to start.
How to Find a Stock Indices Robot
Once you have downloaded MT4 indices trading Software and install it on your computer. You will then have to open MT4 Toolbox: The Toolbox can be opened by pressing the CTRL+T keyboard shortcut keys. After launching the tool box select ' Market ' tab as shown on screenshot below.
A list of available EA Trading Robots will appear as illustrated and shown below. You can also choose a stock index trading bot from the different categories as illustrated and shown below.
Library of EA Indices Trading Bots
You can then choose the one which is suited for your trading style method. Every item that is on this list has a detailed description of how it operates & you as a trader can use this data to select a indices trading Expert Advisor that fits your indices methods based on this description.
There are different applications which one-can use, among the ones you can purchase are:
- Expert Advisors
- Custom Indicators
- Panels
- Libraries
- Analyzers
- Utilities
You can choose any of these based on categories as illustrated on the stock indices trading example above. If you need to learn about what is an automated trading EA bot, custom technical indicators, libraries, panels, utilities & analyzers are you need to go visit the Codebase Community MetaTrader 4 forum.
Once you have visited and decided which type of application you require, next step is to sign up & become part of this MetaTrader 4 forum coding community. After registering you'll then get an account and you can interact with other forum members and have access to multiple EA Indices Robots. To sign up - navigate to the MT4 forum Registration Page on their MQL4 site.
After registering in community you'll then need to obtain credits. Credit is what is used so as to obtain the automated stock index systems available. To get credit you will first need to deposit some money into your MQL5 account.
You will then use this stock indices account & password which you get to set up the indices automation on your MT4 software as displayed below. These settings will be set on your MetaTrader 4 software that is installed on your computer, & not on MQL5 web-site - but you will first obtain them from MQL5 site then set them on your MetaTrader 4.
Setting Up An Account to Use for Automated Trade Stock Indices in MetaTrader 4
Login to MQL5 Account from MT4 Indices Software
To get to the above window, Go to ' Tools', Next to ' File, View ' at top-left corner of MetaTrader 4 stock index trading software. Click on Tools >>> Click on Options, the above panel will popup.
Select ' Community ' as illustrated above, and then type your Log in details: Your Login and Password.
Once this is complete you will now have complete access to the MetaTrader 4 forum Market, and you can set-up any of the stock index trading robots on your MetaTrader 4 platform and start automated trading.
How to Test an Automated Expert Advisor Strategy Before Buying
Before buying an automated trading robot, there is also an option which is provided to test out & find automated trading strategies that work for you before buying - by downloading demo version of the robot that you want and testing it out before purchasing it. This way you can try out the automated stock indices trading Expert-Advisor you want by testing its strategy using strategy-tester panel.
Review & Data of Automated Trading Systems Details
From above examples, screenshot shows you how to set up an Expert Advisor from MetaTrader 4 tool-box by buying it using your credits or by first downloading demo bot down-load version to test out the strategy.
All these automated trading strategies are available from MQL5 & they can be accessed also from MetaTrader 4 Indices Software. Once one obtains an Automated System they can then activate & launch this application on 3 different Computers.
Posting of Automated Expert Advisors by Developers & Automated Stock Indices Trading Analysts
As a developer of Expert Advisors which are profitable, you can get to post your Expert-Advisor by registering as a seller . You can get access to big number of potential customers by posting your trading EA bot which can become a mass selling product.
Once you have completed the sign up process, your Expert-Advisors will be hosted on the MQL5 Forum & you'll make money every time your Expert Advisor is purchased. As the developer you get to set the stock index price for your Expert Advisor, the more profitable it is, the more dollars you can set.
Once you setup your registration, stock indices traders can buy and download your automated bots directly from their MT4 Indices Platform. Every purchase must obtain an activation number from the MQL5 MetaTrader 4 forum Community, the activation number is limited to only a few Desktop PC computers, Three PC computers. Therefore no trader can purchase and then begin re-selling your Automated System because it would require an activation number from the MT4 forum Community
To protect developers, each purchase is associated to account of a trader on the MQL5 web site & a particular PC computer, purchase is not associated to the broker platform neither is it associated to the indices trading account with broker. It is only associated to the account which the trader has on this MT4 forum Community.
Those wanting to buy can also try the demo versions of the Bot, but this can only be run on " Strategy-Tester", and the demo version can not be run on the real trading environment. This ensures that a buyer can test out an EA's profitability before purchasing it, at the same time this also ensures that the demonstration edition of your Expert Advisor can't be used to trade on the real market, not until when it has been purchased and activated.
How to Choose Automated Indices Bots
All Expert-Advisor Indices EAs are listed on MT4 automated trading software have snap-shots & a brief review that trader can click and read about each.
list of Expert Advisor Indices Trading Bots in MetaTrader 4 That Can Be Used for Automated Indices Trading
Upon clicking on any of these trading systems, a trader can read the review of its data that will include history of the stock index transactions made which look like this:
One can then select an automated trading program from a list of those provided depending on one that is most profitable and suitable for them based on their trading strategy.
These automated indices trading systems can also be used to trade other financial instruments such as automated futures trading systems to trade indices or automated indices trading systems to trade Indices & automated CFDs trading systems to trade CFDs.