Forex trading has become a popular way of earning an income online. However, the process of trading can be time-consuming, complex and difficult to master. That’s why many traders are turning to automated forex trading software to help them make more profitable trades.
Automated forex trading software is a computer program that analyses market data and makes trades automatically based on pre-determined parameters. This software can be customised to suit a trader’s individual needs and can monitor the markets around the clock, making trades even when the trader is asleep.
There are a lot of automated forex trading software options available on the market. However, the best professional automated forex trading software in 2018 is undoubtedly MetaTrader 4 (MT4).
MT4 is a widely-used trading platform that was developed by MetaQuotes Software Corporation. It has been around for over a decade and is trusted by millions of traders worldwide. One of the reasons it is so popular is because it is highly customisable and supports a wide range of trading strategies.
MT4 allows traders to create their own automated trading strategies using its built-in programming language, MQL4. This means that traders can develop custom indicators and scripts to analyse market data and make trades automatically. MT4 also supports expert advisors (EAs), which are pre-built trading strategies that can be purchased or downloaded for free from the MT4 marketplace.
MT4 also offers a range of technical analysis tools that can help traders to make more informed trading decisions. These tools include a range of chart types, indicators, and drawing tools. MT4 also offers real-time market data, news feeds, and economic calendars.
Another reason why MT4 is the best professional automated forex trading software in 2018 is because of its security features. MT4 uses 128-bit SSL encryption to protect traders’ personal and financial information. It also uses advanced security protocols to prevent unauthorised access to trading accounts.
MT4 is also highly user-friendly. It has a simple and intuitive interface that makes it easy for traders to navigate and use. It also offers a range of customisation options, so traders can create a personalised trading environment that suits their individual needs.
In summary, the best professional automated forex trading software in 2018 is MetaTrader 4. It is a highly customisable trading platform that offers a range of technical analysis tools, expert advisors, and security features. It is also user-friendly and trusted by millions of traders worldwide. If you are looking to automate your forex trading, MT4 is the platform to use.
