Trading robots are computer programs and applications that perform trading on the stock exchange on behalf of a living person. This allows you to increase the amount of a trader’s free time by transferring the functions of autonomous buying and selling to the robot. Thanks to technological progress and the development of the investment market, even novice investors can appreciate the benefits of these programs.
- averagers;
- indicator;
- grid.
Important! When using grid robots, there is no technical analysis of transactions, therefore, to cover the risk, the investor must have at least $1,000 in his account.
Advantages and disadvantages of trading robots for exchange trading
Presented in the table:
| pros | Minuses |
| High speed of data analysis No “human factor” in the transaction Easy testing of the investment strategy; Ability to trade on multiple accounts at once. | High risks; Expensive and difficult to use; The presence on the market of scammers and “dummy”; Internet connection required. |
There are several popular and reliable robots that can be used for trading in the US market.
Trading bot for USA Abi
Popular software with a large number of users. Well suited for beginners with a small portfolio in the analysis and selection of transactions. Application is possible in the currency and stock markets. The robot has a large number of indicators that analyze the exchange and increase the effectiveness of transactions. After registration, a test mode is available, which allows you to get acquainted with the functions and capabilities of the resource in detail.
- Classic . Designed for people who are not ready to take risks. It is considered the safest investment.
- Martingale . Set up for quick profit with risk. It is typical to increase the rate in the event of a losing transaction, aimed at compensating for lost funds.
- Fibonacci . This mode is characterized by high accuracy of the transaction, in which the risk of losing investments is minimized.
In addition to the standard functions, it is possible to customize the operation according to the characteristics:
- Expiration time – from 30 seconds to 5 minutes;
- The amount of the operation is from 5 to 500 dollars;
- The choice of currency pairs;
- The number of trades executed simultaneously;
- Deal selection algorithm;
- Choice of tools and indicators.
Advantages and disadvantages of the program:
| pros | Minuses |
| Does not require downloading additional files; Quick registration; Wide range of brokers; No additional commission; Possibility to choose the Russian language; Extensive settings; Simple use; Efficiency. | Lack of automatic shutdown in case of a large number of failures; Mandatory registration; The need for a stable Internet connection; |
bitcoin era
The era of Bitcoin is an automatic robot designed to make a profit on changes in the cryptocurrency exchange rate. The software is free to use, but the minimum required investment capital is about $250. The work is fully automated, that is, it does not require human intervention after launch and configuration.
Important! Even after setting up, it is necessary to track the transactions performed by the program on behalf of the user.
The principle of operation is to connect to crypto brokers, scan the market and automatically trade. To do this, you must first register on the robot’s website, replenish your account and configure the program’s functions. The site’s algorithms independently monitor the cryptocurrency rate and are able to complete transactions in a split second. This significantly saves the user’s time, as it does not require independent viewing of the state of the exchange. An important feature. service is the presence of a support service that provides assistance to customers around the clock. The user can choose one of the proposed currencies for earnings. Possible examples:
- Bitcoin;
- Ripple
- Litecoin;
- Ethereum.
The withdrawal period is on average from 24 to 36 hours. As a payment and withdrawal method, the service supports:
- Mastercard;
- Visa;
- paypal;
- Neteller;
- Skrill and many more.
Also, before replenishing the account, you can use the demo version of the program. This allows you to test the robot and get familiar with the features before investing. Advantages and disadvantages:
| pros | Minuses |
| High level of security; Small minimum investment amount; Availability of a high-frequency trading system; Variety of payment methods; Software pre-test function; Does not require downloading additional files. | Outdated design; Use of CFD brokers; Lack of a mobile application; The need for registration; Investment is possible only in cryptocurrency. |
haasbot
This robot assistant was developed in 2014 for crypto trading. This software uses external and internal arbitrage, allowing you to increase income on the exchange rate difference. The interface displays the order book and is connected to a large number of indicators. There are 4 types of trading robots on the platform:
- Bot for trading on the crypto exchange . The user can configure the applied indicators and conditions for entering the exchange.
- Bot for applying the arbitrage strategy . Aimed at one-time tracking of the exchange rate in various markets.
- “Order bot” , customizable by the user for the specifics of the exchange conditions. It is used as a backup “insurance” method, inactive at normal times.
- “Script bot” , suitable for people with programming skills, since this kind needs to be fully pre-programmed. The advantage of the bot is the absence of restrictions in the operation of the software.
- “Initial” – 0.046 BTC;
- “Simple” – 0.073 BTC;
- “Advanced” – 0.11 BTC.
The difference between licenses is the presence or absence of restrictions on the number of bots used simultaneously. For example, “Initial” access allows you to work only on 2 bots at the same time. Advantages and disadvantages of the program:
| pros | Minuses |
| Popular exchanges; A large number of altcoins; Flexible and wide settings; Possibility of independent programming of the robot; Functionality; Fast work of the support service; Popularity. | Unstable operation of the resource; Investments are possible only in cryptocurrency; The high cost of a license in comparison with analogues; Difficulty of use; Not suitable for beginners; License renewal failures. |
Golden Profit Auto
An Expert Advisor that uses the automatic Martingale system in its work. For this reason, this bot is popular with novice traders. In case of a losing trade, the lot is doubled. Also, the system does not use the traditional grid of transactions, which allows you to exclude a large drawdown of the deposit.
Important! The bot conducts trades for the entire amount of the account. To avoid draining the deposit, you need to monitor the operation of the program, account and change the parameters.
Available software versions:
- Golden Profit Auto No. 1;
- Golden Profit Auto No. 2;
- Golden Profit Auto 3.0.
- MultiLotsFactor allows you to increase the lot factor. The recommended parameter is 1.5;
- Lots – setting the lot parameter. The recommended value is 0.01;
- MaxCountOrders sets the maximum number of open orders;
- SafeEquity – a mode that determines the possible level of risk in transactions;
- Slippage allows you to set the maximum possible slippage;
- Standard parameters are Stop Loss, Take Profit, TrailStop, TrailStart.
Any settings have recommended values, but their use is individual for each user. It is also possible to optimize them for market conditions. To use the program, you must first install it on your computer. The Expert Advisor can be downloaded free of charge on the Internet as an archive. https://youtu.be/CTFZrRlPudE
Advantages and disadvantages of Golden Profit Auto
| pros | Minuses |
| Extensive number of parameters; Reliability; No restrictions on the choice of a broker; Work can be started from $20; Automatic and manual modes. | Outdated design; The risk of losing a deposit if the setting is incorrect; The need to change parameters and optimize; The need to install the program on the computer. |
GL 2ma
Despite the popularity of the Martingale method, its use is accompanied by certain risks. The GL 2ma robot uses a market tracking system based on technical indicators. This increases the security and stability of the program in comparison with analogues. The bot is suitable even for novice traders, thanks to its easy setup and low minimum deposit. The recommended amount on the account is $100 or 1000 cents, depending on the type of account. Available currencies and currency pairs:
- Euro;
- Dollar;
- Lb;
- Canadian dollar;
- Yen.
On a note! Experienced traders supplement the robot with confirming oscillators, thereby increasing the accuracy of the indicators.
Recommended initial trading parameters of the bot:
- The minimum lot is 0.01;
- Platform – MT 4;
- Timeframe – M15;
- Leverage – 1:300.
The program uses one indicator in its work. This characteristic has a positive effect on the number of transactions, as well as on the possible profit. According to statistics, in automatic mode, the bot performs from 6 to 10 transactions per day (the software does not work at night), which can bring the user up to 200% per annum. The program is characterized by a quick response to changes in the exchange rate, but delays are not excluded. By increasing the time frame, you can stabilize the work of the robot by reducing the number of transactions. The GL 2ma is easy to use for beginners due to the easy setup and installation. To work you need:
- Pre-download the software (you can find the files on the official website of the robot).
- Reload the trading terminal.
- Find the program in the application list and select it.
Setting up a bot is just as easy. There are only 2 main parameters:
- “Per” , which allows you to select a specific pair of moving averages. Increasing the value allows you to expand the analysis of the graph of values. The default parameter is 100. Important! A parameter value above 200 may reduce the speed of the program.
- “Shift” , which determines the distance between the moving averages. Recommended values are from 5 to 10. Default values are 7.
After installing and configuring these parameters, the program will be ready for use and will be able to generate income. You can use the bot both on real and virtual accounts of the selected broker.
Advantages and disadvantages of GL 2ma
| pros | Minuses |
| Suitable for beginners; Low minimum deposit amount; Free download and use; Easy setup and installation; Controlled losses; Stable work. | Not suitable for flat; The need for manual control; No stop loss and take profit; No trading at night; A small percentage per annum. |
Trading robots make life easier and save time for investors. But, it is important to pay attention to the choice of service. In addition to high-quality sites and applications, there are a large number of fraudulent resources. It is equally important to control the work of even automatic bots. Properly selected settings and monitoring of transactions will allow you to increase profits and avoid large losses.
