1st FX Traders Choice
Innovative trading application seamlessly integrated with MetaTrader to automate your FX trading.
In 2010, I believed I could outsmart the forex market by sheer willpower and manual trading strategies...
After years of frustration countless sleepless nights trying to stay ahead of the market, I realized I needed a different approach. Enter Algotrading.
I spent the next few years diving deep into coding and market analysis, ultimately developing my own automated trading algorithm.
This allowed me to:1 Month Free Trial
Perfect for trying. Run it on your own hardware.
$0
Lifetime License
One license per account. Run it on your own hardware.
$199
/ License
Monthly Subscription
One license per account. Run it on your own hardware.
$19
/ License
Visit your broker's website, download MetaTrader, and click the install file to get started with your trading journey.
Click "File" in MetaTrader, select "Open Data Folder," drag .ex file into the "MQL/Experts" folder, then right-click the "Experts" symbol in the Navigator window and select Refresh.
Attach the .ex file to any FX chart in MetaTrader by simply dragging the file from the "Experts" onto your desired chart. This will enable the Expert Advisor to start working on that specific chart, automating your trading strategies effectively.
Yes, it is possible to view live account results. Below are the details for accessing the live account results:
MetaTrader 4
Account: 26027467
Type: Real
Server: RoboForex-Pro-6
Password: Live1234.
Automated trading uses computer algorithms to execute trades on your behalf based on predefined criteria and strategies. These algorithms can analyze market data, identify trading opportunities, and place trades without human intervention. The goal is to optimize trading performance by removing emotional biases and ensuring consistent strategy execution.
Automated trading systems offer several benefits, including:
- Consistency: Ensures that trading strategies are executed consistently without deviation.
- Efficiency: Automates the trading process, saving time and reducing the need for constant market monitoring.
- Emotion-Free Trading: Eliminates emotional decision-making, which can lead to better trading outcomes.
- Speed: Executes trades faster than a human can, taking advantage of market opportunities more quickly.
The automated trading software is versatile and can be used with any foreign exchange product. Personally, I use it with popular currency pairs like AUD/USD, EUR/USD, GBP/USD, and USD/JPY. This flexibility allows you to trade a wide range of forex products, ensuring you can optimize your trading strategies across different markets.
After downloading, you will need to copy the MetaTrader Expert Advisor file into the 'Experts' folder of your MetaTrader software installation (.ex4 / .ex5). Then, attach the software to any chart and enter your email address for activation. If you encounter any issues, the dedicated support is always on standby to help with any questions or concerns during setup.
For using the automated trading tools, I recommend any forex broker that offers leverage of 1:100 and above. This level of leverage provides sufficient flexibility and potential for enhanced trading opportunities. Personally, I use RoboForex, and I have found it to be reliable and well-suited for my trading needs. However, the most important thing is to choose a broker that meets your specific requirements.
I recommend starting with a minimum balance of $1,000. This amount provides a solid foundation to effectively utilize the automated trading tools and allows you to manage risk while taking advantage of market opportunities. Starting with a sufficient balance can help ensure that your trading strategy is robust and capable of achieving your financial goals.
For the automated trading tools, there are two types of licenses:
Demo Account License:
- This license is valid for 1 month.
- It allows you to explore and understand the features and performance of the trading algorithms.
- The demo account license is designed for users who want to test the tools before committing to a real account.
Real Account License:
- The real account license is unlimited and provides full access to all features.
- This license is attached to both your registered email address and your account number.
- Once the license is activated, it is not possible to install the Expert Advisor on another account.
You can download MetaTrader 4 and 5 from your broker's site. For Roboforex, here is the download link.
Follow the steps in this video to learn how to install an Expert Advisor on MetaTrader 4:
Follow the steps in this video to learn how to install MetaTrader 4 on an iOS device:
The ideal way to run trading software 24/5 is by using a Windows Virtual Private Server (VPS). A VPS provides a reliable, high-performance environment that ensures your trading software can operate continuously without interruptions.
Personally, I recommend the VPS services provided by IONOS. They offer excellent performance, reliability, and customer support. You can check out their services here: IONOS VPS Service.
Running your trading software on a VPS ensures that it remains operational and efficient, giving you peace of mind and a competitive edge in your trading activities.
It is possible to cancel the subscription from Stripe customer portal.
Go to tools -> Options -> Expert Advisors and:
1. Check "Allow automated trading" box.
2. Check "Allow DLL imports" box.
3. Add https://www.fxshepherd.com to "Allow WebRequest for Listed URL".
Successful FX traders transitioned from manual trading to algotrading. Let my algorithm manage your trading.