Forex: Mechanical Trading Systems

To date, there are a lot of mechanical trading systems (MTS) and experts. On the Internet you can find them a great number of paid or free. This is not clear if they read the description, it is clear, here it is the wealth! It remains only to download, to pay the money, and you’re a millionaire.

But it is not clear how they differ from each other. There is a heap of free. It is exactly the same heap, only for a rather notional price . And there are more expensive, are sold much more expensive (even the monthly payment).

Personally, I’m not going to use either those or the other, or third. Oh well I was raised. Use someone else’s mechanical trading system is not worth it. Even with a description and guidance on the use, remains a mystery – how it works. Also, if necessary (such as the need to come sooner or later), it is difficult to modify, because you need to edit someone else’s code. Given that the trading strategy is not known or not well understood for a person, and that requires knowledge of programming language, the rules of this code is even more difficult.

You can take that option … finished trading strategy. Where does it take? Or take her strategy (which sell and which already makes a profit), or take a “foreign” policy. Although the “alien” will still be his, because obviously you will be finalized.

In doing so, a big plus is that you will know the very foundation of commerce. It remains only to automate it. This is where problems may arise. The first problem – to write the MTS needs to know the language MetaQuotes Language. The second problem – not any trading strategy can be fully automated.

The first problem can still be fought – to find human programmer to write you an expert on the basis of your strategy. The second problem can not be fought.

For myself, I conclude – it is necessary to examine the MetaQuotes Language, that does not depend on deception and bad faith sellers MTS.

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