MQL5 Robots & Expert Advisors Code Base Library
MQL5 Code-Base is the official programming forum for automated systems commonly known as MT4 Expert Advisors or EA Robots. EA Robots is a popular tutorial. However, challenge is how to get good quality trading robot. This is where MQL5 Expert Advisor Market comes in: hosted by MetaQuotes Platform Corp., The Makers of MetaTrader Platform - to get a good quality EA one Should join this code base.
MetaTrader 4 forum & MT5 forum A library of gold Bots & Automated Gold Methods
Gold Expert Advisor Community - Automated Gold System Expert Advisor: www.mql5.com/en/market
For beginner gold trader who wants to know what is automated gold trading, the place to start at is at the official MQL5 codebase MT4 forum & MetaTrader 5 community that is hosted by MetaQuotes Software Corp. The maker of MT4 Software.
Get Free EA Bots as Well as Paid Ones
About Automated Bots
You can go to the MT4 forum & MT5 forum codebase site & get MT4 Expert Advisor Programming Guide and learn how to automate trading and write an Expert Advisor. But because most people might not want to learn a coding language or take up the task of building automated systems and might want to use their precious time for trading & making profits, for those who do not want to learn programming they can directly access the trading bots listed in this Code base Market: MT4 forum & MetaTrader 5 forumMQL5 market is where programmers using EA Bots which are profitable sell their automated trading systems, other traders can then purchase from this place or order a trading system to be coded for them from this MT4 forum & MetaTrader 5 forum code base.
This code base is also a good web site for experienced traders, it allows traders that can show & prove that they have got a profitable trading bot to get additional earnings by posting and selling their Expert Advisor Robots, these automated robots are made available direct From the MetaTrader 4 platform, where potential buyers of Expert Advisor Robots can access them. The image below illustrates how a xauusd trader can access these MetaTrader 4 automated Expert Advisors on their gold platform.
Access Automated Robots From MT4 Automated XAUUSD Software
MT4 forum EA CodeBase - for Those Wanting to Start Automated Trading
From the above screen shot image trader can access the MetaTrader 4 community Code-Base Market directly from their gold platform. One can then automatically setup the Expert Advisor onto their MetaTrader 4 platform software & begin trading with it. Market contains free EAs as well paid Expert Advisor Robots. One also can try out a few of the above Expert Advisors Expert Advisor Bots by downloading their practice demo edition after signing up in this MT4 CodeBase Community Forum.
As a trader who wants to get good automated systems and strategies this is where to begin.
How to Get a Bot
Once you have downloaded the MT4 Trading Platform Software & install it on your PC computer. You will then have to open MetaTrader 4 Toolbox - The Tool Box can be accessed by pressing CTRL+T keyboard short cut keys. After launching the tool box select ' Market ' tab such as shown & displayed on screen-shot below.
A list of available Expert Advisor Bots will appear and be shown like shown below. You can also select a gold trading bot from the various categories such as illustrated below.
CodeBase Library of Expert Advisor Bots
You then can select the one that's suited for your style. Every item that is on this list has got a detailed description of how it operates & you as a gold trader can use this information to select a gold Expert Advisor that fits your gold techniques based on this description.
There are different types of trading applications which a trader can use, among the applications that one can buy are:
- Expert Advisors
- Custom Technical Indicators
- Panels
- Libraries
- Analyzers
- Utilities
You can select and choose any of the items based on the categories like is illustrated on the trading example above. If you need to study more about what's an EA Robot, custom technical indicators, panels, libraries, analyzers and utilities in trade are you need to go to Codebase Community MetaTrader 4 forum.
Once you have visited & decided which type of application you require, the next step is to sign up and become a part of this MT4 forum programming community. After signing up you'll then get an account & as a new community member you can interact with other community forum members & have access to a list Automated EA Bots. To register - go to the MetaTrader 4 community forum Registration Page on their MQL4 web site.
After registering in the community forum you'll then need to get credits. Credit is what is used so as to get the automated trading systems available. To get credits you'll first need to some cash money into your MQL5 account.
You will then use this account and the password which you obtain to setup the automation on your MetaTrader 4 platform software such as illustrated below. These specified settings will be setup in your MetaTrader 4 platform which is set-up in your Desktop computer, & not on MQL5.com website - but you'll first get them from MQL5 web site then set them on your MT4.
Putting Up An Account for use of Automated Gold in MT4
Sign In to MQL5 Community Trading Account from MT4 Software/Platform
To get to the above panel, Go to the ' Tools', Next to " File, View " at the top-left corner of MT4. Click Tools >>> Press Options, the above panel will pop up.
Choose ' Community ' like illustrated above, and then type your Sign In details and particulars: Your Log in and Password.
Once this step is complete you'll now have access to the MT4 forum Codebase Market, & as a trader you can setup any of the trade robots on your MetaTrader 4 platform & start automated trading.
How to Test a EA Strategy Before Purchasing
Before buying an Expert Advisor automated robot, there also a option which is provided to test & find automated trading strategies that work for your style before buyingpurchasing - by downloading the demo edition of the bot that you want & testing it out before purchasing it. This way you as a potential purchaser can try out the automated EA you want by testing its strategy using strategies tester panel.
Review and Information of the Automated Systems Strategies Details
From examples above, image illustrates to you how to setup an EA from the MetaTrader 4 tool box by buying it using your credits or first by downloading the practice demo robot download edition to test the trade strategy.
All of these automated systems are from MQL5 website and they can also be accessed from MT4 Software. Once a trader obtains an Automated EA Bot they can then activate and open this trading application on three different PC Computers.
Posting of the Expert Advisors by the Developers and Automated XAUUSD Analysts
As a programmer of Expert Advisors that earn profits, you can get to post your EA by registering as a seller . You can gain access to a large number of prospective customers by posting your EA robot which can become a mass selling product item.
Once you finish sign up process, your Expert Advisors will be hosted in MQL5 Forum & you'll make money each time your EA Robot is bought. As the creator you get to set the price for your EA Bot, the more profitable it's then the more you as a trader can set it up for.
Once you complete setting up your signup, traders can buy and download your Expert Advisor bots direct from the MetaTrader 4 Platform. Each purchase must get an activation number from the MQL5 MT4 forum Community, the activation number is limited only to a couple of Desktop computers, 3 computers. Therefore no one can buy and then start reselling your Automated System because it would require an activation from the MT4 forum Community
To protect creators, each purchase of an automatic strategy is associated to account of a trader on MQL5.com website and a specific computer, the purchase is not associated to the broker software neither is it associated to the account with the broker. It is only associated to account that the Gold trader has on this MT4 Code Base Community Forum.
Those wanting to buy can also try demo versions of the Robot, but this only can be implemented on " Strategy Tester", and the demo edition can not be run on the real environment. This ensures that a buyer can test-out an Expert Advisor's profitability before purchasing it, at the same it also ensures the demo version of your EA can not be used to trade on the live market, not until it has been purchased and activated.
How to Select Automated Robots
All Expert Advisors are listed on MetaTrader 4 automated platform have photos and a brief review that a trader can click & read about each.
list of EA Robots on MT4 Which Can Be Used for Automated Gold Trading
Upon pressing on any of these gold trading strategies, a xauusd trader can then view a summarized review of its data which will include history of trading positions made which resemble the trading report generated below:
One can then select and choose an automated program from list of those provided depending on the one that's most profitable & suitable for them based on their gold trading strategy.
Study More Tutorials & Topics:
- How to Use Trading Indicator Signals To Trade Gold
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- Informative MT4 Gold Course Tutorial for Gold Beginner Traders
- What is Bear Pennant Pattern in Gold?
- How Do You Trade Gold in MT5 Mobile Phone Trading App?
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- Bears Power Gold Indicator Technical Analysis
- Introduction to Gold Market Basic Concepts for Beginners
- How to Place Relative Strength Index, RSI Indicator on Gold Chart
- Technical XAUUSD Indicators for Day Trading Gold