Trading in the stock market attracts many people. This is understandable. The opportunity to earn big money with minimal investment has always been attractive. However, not all so simple. 90% of traders lose money due to psychological factors and emotions. It’s so difficult to “keep yourself in check” and have a “cool” head when the price is about to lick your stop. “What algorithm?!” What strategy?! Just to get even, because the Maybach is almost mine!!” And you are washed away by a wave of impulse into a catastrophic minus.
What should mere mortals do in this case? Even experienced traders cannot always restrain themselves and adhere to the algorithm. You can still try to curb yourself, to strictly control your actions. You can install risk management on your computer. He definitely won’t allow you to mess things up and waste the last one. Or you can start trading with the help of a robot that is not subject to emotions and always follows the algorithm.
According to stock market statistics, about 50% of transactions are carried out by robots. “Robots work hard - happy people!” Comrade Syroezhkin from “Adventures of Electronics” turned out to be right. Trading with the help of robots is gaining enormous momentum and promises unprecedented profits for its owners. Hmm, tempting.. Maybe I should buy one too?! And if more details...
Wall Street Forex Robot
Long-lived. Appeared in 2011, the trading principle is very simple - enter the trend during a correction. The downside is that the stop is several times larger than the profit. In some years it works better, in others worse, but the idea and model of the advisor are very stable.
Advisor review
Generic and Generic 14
Night scalping works well in some periods, and not so much in others. But, in general, this is a classic strategy that makes trading manually extremely problematic. Through the efforts of our forum members, Generic and Generic 14 were created - essentially, this is the same bot, only in version 14 a grid of orders was added. And this is perhaps the best night scalper.
As can be seen from the monitoring, during significant fundamental unrest it is better to turn off the night lights (Generic monitoring was spoiled precisely by political unrest against the backdrop of Brexit).
Generic TLP Review
Review of Generic 14
Handing over the advisor - get to work!
The stage of submitting the work is the most difficult. Rest assured, every performer drinks a soothing decoction out of grief, marking with a black marker the day on the calendar when he is once again asked to correct an order that has already exceeded all deadlines. Like the universe, there is no limit to perfection, but at a certain point you need to come together and say - the task is completed.
I understand that for a trader, the light reflected from the golden mountains illuminates the creation of advanced technical thought and the fruit of inner genius in its immensely beautiful presentation. How can this be, because an adviser who does not earn money simply cannot wrap his head around it and creates an image of unfinished work. How can you pay for something that doesn't work?
On the part of the contractor, the work is completed exactly when all items of the order are completed. A technical specification for a programmer is a clearly defined path, and deviating from it means thinking for the customer. Sometimes this path leads to a dead end, like the road from the former capital of Rus' to liberal Europe. That is, at the stage of accepting work, it turns out that the task, it turns out, was not that at all, but completely the opposite.
If the task is small, the performer may well make concessions and correct the work in accordance with the new technical specifications. If the work has been done on a large scale, it is already too late to change anything. A common problem is total detachment during the development process, for example, refusal to participate in beta testing: “Why did you send me an advisor with errors, what else should I test for you?” or: “How do I know how to run this tester of yours, am I a programmer or something?”
For an adequate person, such statements hurt the ears, but the performer falls into depression. Developing a trading robot is, first of all, work. If you are looking for a ready-made solution, there is a store of ready-made advisors, where the advisor will be tested and polished for you, while documenting its historical success. In this case, there is no point in applying to a freelance exchange.
Moral : don't leave everything to chance. It is in your best interest to control the process of creating the advisor of your dreams. Ask for intermediate stages of work, participate in beta testing and don’t be shy about learning technical details.
Survivor
Quite a complex hybrid advisor built on the indicators Bollinger Bands, RSI, ADX, DeMarker, Moving Average, trading is carried out in a channel, a small grid of orders is built if the price goes against the position. 3 years of work in plus - maybe the indicators are not so bad, eh, haters?)
A few months ago I got around to removing unprofitable pairs from monitoring, and the picture improved noticeably.
Survivor Advisor Review
Where is it found?
MetaTrader 4 has a free library of robots and indicators - Code Base . You can get acquainted with 950 robots and choose any of 2000 indicators. Download the ones you like and launch them into trading.
On the Tradematic you can purchase a ready-made trading strategy or create your own. It is designed for beginners in trading, has a nice interface and is easy to manage.
On various sites you can simply buy a trading robot . The price ranges from $350 to $5,000, depending on how sophisticated the robot is.
Another option is to find a good programmer who will create such a robot based on your trading system. Just be careful and choose your programmer carefully. An unscrupulous specialist, having gained access to your system, can use it for his own purposes.
Milky Way
Another advisor based on indicators (Bollinger Bands, DeMarker and Ozymandias), showing stable profits over the years (since 2014). No martingale, only classic risk management. No fantasy, no 100500% per day, just stable deposit growth. Written by our forum member Silentspec .
Milky Way advisor review
MQL5 Wizard. Make an advisor in 5 minutes
So, first, launch MetaTrader 5 and go to the application editor (F4 button). On the top menu, click the “Create” button and in the dialog that appears, select the generation of a new advisor.
Next you need to specify the name of the advisor and the main input parameters.
Adding trading signal modules. Modules can be either standard or developed by the community (you can also participate in this process).
Actually, all standard signals are well described in the online help on the official website. You can also download custom ones there.
Having selected a suitable indicator, you need to specify its input parameters. Here you can indicate the weight of the signal in relation to others, if there are many of them.
Regular trailing stop or closing a trade based on indicator values is your choice.
You can also choose from a fixed lot or the transaction volume as a percentage of the deposit. For the most risky new programmers, there is also the Martingale with its geometric progression of the lot, which can bring you millions in a couple of extra passes in the strategy tester.
Actually, even if you are not a member of the MetaTrader clan, it’s okay, a constructor has probably already been written for the trading platform you need. Again, it’s a matter of opportunity and desire. The moral is simple: don’t try to implement something that has already been implemented a long time ago . Ignoring the work of others can be costly; reinventing science is not at all necessary.
Trio Dancer
Hysterical grandmothers in Thailand, KAMAZ drivers, some bearded Caucasians... Who hasn't made money from sales of this bot? The bot itself is not bad, but the real big money was earned by those who downloaded the advisor from our website, renamed it, optimized it and sold it under different names. There were dozens of copies, the most famous being Wall Street Bot.
Therefore, in the case of this bot, the most profitable way to use it is to rename it and sell it to people who are far from the Internet and trading. More details here.
Trio Dancer Advisor Review
Exchange robot: what is it?
A trading robot, in other words, a trading advisor, is an automated program that independently makes transactions on the stock exchange. Your task is to set certain parameters. For example, the moments of opening and closing positions, recording income, etc.
Exchange robots are used, for example, in the Forts, Forex and CME markets. They can be either fully automatic or semi-automatic. In the first case, no additional actions will be required from you during the work process. In the second, the program sends notifications about the transaction, the final decision in this case will be yours.
Warning about Forex and binary options
Despite the tempting nature of trading “binaries” and playing on the Forex currency market, it is worth remembering the main rule: the higher the expected percentage of earnings, the higher the risks. Unlike Forex, binary options are not at all controlled by the Central Bank, there is not a single mention of them in the legislation - fertile ground for scammers to work.
Work principles
Robots for making money on the stock exchange collect and analyze data on the state of the market. They calculate the outcome of the transaction and its profitability. The owner of the robot sets the parameters on which he relies when conducting operations manually. Thus, with the help of the operational work of the program, you can make dozens of transactions in one day.
When a trading robot can be useful
If you are independently engaged in purchasing assets and building your portfolio, then a properly configured trading advisor can serve as an excellent assistant. However, the amount you have is important.
If your investment is at least a million, then using a trading bot will make sense. With a small investment, the robot will have nowhere to turn.
How popular and safe are trading robots?
The popularity of robots for trading on the stock exchange is growing inexorably. According to the Central Bank of the Russian Federation, in 2021, almost 50% of transactions on the Moscow Exchange were carried out using an automated program. About 80% of such transactions are abroad.
Deloitte predicts that machines will manage more than $16 trillion in assets by 2025.
All these operations are carried out by professional robots. Free models that are available to everyone on the Internet do not provide any guarantee of safety. As a rule, these are demo, “raw” versions of trading advisors.
Mind the Gap
Advisor on the classic gap trading strategy. Just like Milky Way, written by our forum member Silentspec . Stable small profit. The robot trades infrequently due to the specifics of the strategy, but, nevertheless, it is more than stable in the long term. This, by the way, is proof that gaps can and should be traded. You can safely include this setup in your arsenal of manual tactics.
Mind The Gap Advisor Review
Cost of paid stock exchange robots
The popularity of artificial intelligence for trading on the stock exchange is gaining momentum, so prices are set accordingly. The most inexpensive trading advisor can be purchased for $50. However, the higher the quality of the strategy included in the program, the higher the cost. The price also depends on the set of filters.
Thus, a trend type of robot brings a profit of 5 to 10%; it can be purchased in the range from 6,000 to 50,000 rubles. A more profitable model is flat: income ranges from 10 to 35%. The price varies from 15,000 to 100,000 rubles. But the two-way type of advisor is effective in different periods. Here the yield can reach 50%, and its cost is from 25,000 to 150,000 rubles.
