Trading libraries for MetaTrader 4
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MetaTrader 4
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Overview
“Practically everyone can forgive us for honesty: and, say, an insufficiently professional game, and even insufficiently professional poetry. There are many examples of this. But when honesty disappears, nothing is forgiven.”
Golden Rings - Forex financial robot offers options for finding profitable trades even in unstable markets when the current trend direction is unclear. It will follow the best trend to maximize profits and reduce the chances of possible losses.
To work in MetaTrader 4 and MetaTrader 5, bots need the MetaTrader platform to be constantly running. Very often, investors buy a VPS (virtual private server) to install trading software on it. VPS are quite cheap, around 15 euros per month.
One of the main advantages of automated trading is that the robot is not subject to emotions. Forex robot does not regret closing orders or losses. And we know that the psychology of traders can sometimes greatly interfere with making the right trading decisions. This is especially true for beginners in trading: often when making several losing trades, they can succumb to emotions and start opening orders that will completely contradict the essence of their trading strategy.
