Robot Maker AI

26/10/2020

MANAGING TRADING POSITIONS

With Semi-Automation

☑️Move Stop to Breakeven (Entry Point) Automatically

☑️Scale out automatically (Take some of the profit)

☑️Scale in automatically (Develop the trade)

☑️Add a hedging position automatically and remove it if not required

☑️Alert you by Email/Text Message if certain situations occur

☑️Open a hedging position in a different market and alert you once this has been done

19/10/2020

What a trader should know if he wants to use trading robots

There are 3 key categories of trading robots:

✅ Multicurrency robots that do not use indicators. This tool allows automated trading using any currency pair. The multicurrency robot algorithms are based on the Martingale method, the order grid. The risk level is the highest here, but if luck is on your side, these robots can earn you huge profit%.

✅ Indicator robots. This type of Expert Advisors automatically finds overbought and oversold levels/trends/reversal areas and informs the trader, who, based on this knowledge, makes a trading decision.

✅ Scalpers. Automatic robots that trade with the minimum trade expiration time. Such robots are the best suited for scalping, where every second counts. If you need to quickly open or exit a trade, this robot will be your ideal assistant.

To choose the right expert advisor, it is important to consider your individual preferences. First of all, think, which trading style suits you best. By understanding the algorithm and what the EA is doing, how it’s trading, it will be easy for you to intervene if you notice that trading has gone in the wrong direction and became unfavorable

14/10/2020

Advantages of Automated Trading Solutions

1. Eliminating Emotions
Automated trading software completely eliminates emotions from your trading. As well, automation ensures that a strategy is applied in its most objective manner, devoid of any subjectivity that may arise when trading manually. Emotions are a major hindrance to successful trading among many traders. When using automated trading software, you do not have to worry about fear, greed or overconfidence creeping up to derail an otherwise working strategy.

2. Preserving Discipline
Successful traders plan their trades, and trade their plan, religiously. It is difficult to maintain disciplined in a fast-moving market where real money is on the line. Automated software solutions ensure that this is possible by making objective and repeated trading decisions at all times, regardless of the market conditions.

3. Speed and Accuracy
Automated trading solutions monitor the markets faster and more accurately than any human mind can manage. They are able to track trading opportunities across multiple assets and make accurate trading decisions in real-time. Trade orders will be executed as soon as set conditions are met, with no human errors involved.

4. Trade Sophisticated Strategies
Using automated trading solutions can help traders apply complex trading strategies in the market, which would ordinarily be difficult to do with the human mind. Whether it is applying complicated exit and entry conditions, or intricate trade management using trailing stops and time-sensitive alerts, you can achieve precision and complete objectivity using automated trading solutions.

5. Backtesting
Automated trading solutions allow for easy backtesting on actual quantifiable data to determine their effectiveness, or lack thereof. Backtesting is a time-consuming activity, but with a trading robot doing the activity, results can be seen quickly, and appropriate tweaking or optimization can then be done, if necessary.

13/10/2020

Potentials of High-Frequency and Algorithmic Trading

To be able to transact assets with the time of possession narrowed to one microsecond is a great task for a human, even via the command of a button. The human neurons are not designed to navigate signals at such speed and yet process the information, decide, and act. The need for such a speedy process of a transaction is the hand in glove relationship between high-frequency and algorithmic trading.

The projection of algorithmic trading was by sequential processing, but the application of parallel computing and neural networking is a promising step. Processing via several nodes, as it is in machine learning, with several inputs and outputs perfectly aligns with parallel computing. Thus, algorithmic trading is more likely to be parallel instead of sequential.

Another factor of importance is using Big Data. With the volume of transactions there are tons of information for analysis to decide a good or bad deal. The efficiency of the trading solutions will naturally increase with more data and, as a result, create a more efficient market. The data harvested will also be an advantage for machine learning.

Both high-frequency and algorithmic trading are fit for automation by AI. Most trading platforms are autonomous already, but there is always room for improvement. For instance, systems that analyze business information in the form of news will be a great trading tool.

AI will consolidate trading by harnessing and analyzing market patterns and behavior from the past. It will also be able to learn and adapt itself as the market conditions change, thereby creating a perfect tool for trading.

12/10/2020

Benefits of Algorithmic Trading

👉Trades are executed at the best possible prices.
👉Trade order placement is instant and accurate (there is a high chance of ex*****on at the desired levels).
👉Trades are timed correctly and instantly to avoid significant price changes.
Reduced transaction costs.
👉Simultaneous automated checks on multiple market conditions.
👉Reduced risk of manual errors when placing trades.
👉Algo-trading can be backtested using available historical and real-time data to see if it is a viable trading strategy.
👉Reduced the possibility of mistakes by human traders based on emotional and psychological factors.

08/10/2020

Join me tonight, 8th Oct 2020, 8 pm Sydney time for LIVE RESULTS - Part 2 - Create FREE automated trading robots WITHOUT any coding!

Thu, Oct 8, 2020, 8:00 PM: *** IMPORTANT ********THERE WILL NO SELLING OR UPSELLING OR CROSS-SELLING OF ANY KIND AT THIS EVENT, SIMPLY A DEMO OF HOW I DO IT AND HOW YOU CAN DO IT TOO, COMPLETELY FREE

05/10/2020

What Is an Automated Trading System?

Automated trading systems — also referred to as mechanical trading systems, algorithmic trading, automated trading or system trading — allow traders to establish specific rules for both trade entries and exits that, once programmed, can be automatically executed via a computer. In fact, various platforms report 70% to 80% or more of shares traded on U.S. stock exchanges come from automatic trading systems.

Traders and investors can turn precise entry, exit, and money management rules into automated trading systems that allow computers to execute and monitor the trades. One of the biggest attractions of strategy automation is that it can take some of the emotion out of trading since trades are automatically placed once certain criteria are met.

The trade entry and exit rules can be based on simple conditions such as a moving average crossover or they can be complicated strategies that require a comprehensive understanding of the programming language specific to the user's trading platform. They can also be based on the expertise of a qualified programmer.

Automated trading systems typically require the use of software linked to a direct access broker, and any specific rules must be written in that platform's proprietary language.

05/10/2020

Easy to use, yet extremely smart drag 'n' drop cloud based software, that will help you to create Automated Trading Robots (EAs) without any coding! With current support for MT4 (MetaTrader 4) and upcoming support for MT5 (MetaTrader 5) and NinjaTrader.

https://robotmaker.ai/

03/10/2020

How Trading Robots make Day Trading profitable

👉Sometimes Day Trading can require incessant persistence

👉Trading Robots are ideally suited to this task!

👉Use Semi-Automation to enter high probrabability setups in fast moving markets

👉Manage exits manually if desired

👉Comprehensive back testing of thousands of scenarios, usually not possible by just “eye-balling”
Manage and trade multiple markets during the day and accurately keep track of ALL positions

👉Manage and trade multiple markets during the day and accurately keep track of ALL positions

23/09/2020

3 ADVANTAGES OF AUTOMATED TRADING

💡 Overcome The Challenges Of Trading: The greatest difficulty a trader faces is deciding when to pull the trigger. For those who have struggled in the past or never mustered the courage to trade on their own, an automated system offers them an alternative to a market they otherwise would not have considered.

💡 Diversify: Many traders enjoy running systems while simultaneously placing trades on their own. As an example, you might be comfortable trading EUR/USD but have nightmares about the last time you bought GBP/JPY. Instead of avoiding volatile pairs you can allow a system to trade it on your behalf.

💡 No Time for Trading: You like the idea of trading but by the time you’ve run some errands, made dinner, and put the kids to bed you realize the time you blocked off for trading isn’t going to happen. An automated system allows you to still participate in the market even if you don’t have the time for it.

18/09/2020

Forex is now available and accessible to those who are willing to invest in the foreign currency market.

One thing most new forex trading enthusiasts want to know is the minimum capital required to start. How much, they often ask, does one need to start trading forex.

This is a very valid question. Every business course teaches you that you need some capital to start any business, right?

Well, thankfully, the forex market is different. You need pretty much zero dollars to start trading forex. I will say it again. You don’t need any money to start the trade.

This is good news for anyone who’s scared they’ll lose their money on the first go. It’s comforting to know that you can gain some forex trading experience without risking your hard-earned money.

Most forex trading platforms give newbies the opportunity to open a Demo account with which they can trade risk-free.

But nobody wants to dabble into forex trading just for entertainment. Everyone who trades forex does so to make money.

Forex is therefore not a video game for entertainment. It is a serious business and like most businesses, you have to invest real money to reap the profits.

16/09/2020

4 Great Tips for Forex Trading

👉 Know the Markets
We cannot overstate the importance of educating yourself on the forex market. Take the time to study currency pairs and what affects them before risking your own capital; it’s an investment in time that could save you a good amount of money.

👉 Make a Plan and Stick to It
Creating a trading plan is a critical component of successful trading. It should include your profit goals, risk tolerance level, methodology and evaluation criteria. Once you have a plan in place, make sure each trade you consider falls within your plan’s parameters. Remember: you’re likely most rational before you place a trade and most irrational after your trade is placed.

👉 Know Your Limits
This is simple yet critical to your future success: know your limits. This includes knowing how much you’re willing to risk on each trade, setting your leverage ratio in accordance with your needs, and never risking more than you can afford to lose.

👉 Keep It Slow and Steady
One key to trading is consistency. All traders have lost money, but if you maintain a positive edge, you have a better chance of coming out on top. Educating yourself and creating a trading plan is good, but the real test is sticking to that plan through patience and discipline.