07:45
AutoForexTradingPro
Automated Forex Trading is an extremely popular method of trading. If you're not a very experienced trader, starting with an Automated Forex Trading system is a great way to learn what actions triggers trades and why.
FXCM provides Automated Trading software called Strategy Trader.
What does Strategy Trader offer? You can trade with it alongside the FX Trading Station II. You have access to advanced back testing and optimization engine. It's highly integrated into FXCM so is doesn't have any bridges or synchronization. You have access to 3rd party data like Esignal and you're able to trade multiple sub-accounts in one program (LAMM compatible).
All orders sit on FXCM servers. The orders placed on Strategy Trader can be seen on the FX Trading Station II.
If you're familiar with trading MT4, FXCM's Automated Forex Trading platform "Strategy Trader" is very similar and offers many unique proprietary features such as the preloaded EA's.
Grid Trader
Grid Trader uses a limited martingale methodology, where each trade is the same lot size. At any one time, the maximum number of open trades is set to 10 by default. The strategy is designed to perform best with currency pairs or market conditions that are range bound. Price filters, like historical volatility, are used to help insure that the strategy is placing trades in market conditions that are more favorable for the strategy.
0
