As you might know, the most used forex trading platforms are MetaTrader 5, MetaTrader 4 and you are offered the possibility of using MLQ5 programs to automatize the trades.
A skilled MLQ5 programmer can build Forex Expert Advisors that can be used on the MetaTrader 5 terminal to execute trades according to specific functions, algorithms.
An expert advisor is also known as forex robot when is programmed to execute the trades automatically. Automated forex trading is possible by activating such tool on your MetaTrader 5 (MetaTrader 4) trading platform.
Finding a profitable expert advisor can be very difficult and in this article you can find some useful information that will help you in this matter.
About MLQ5 Market
All traders can visit the official website to learn more about MLQ5 programming language in order develop various trading strategies.
Of course, not all traders are skilled mathematicians and programmers so there are only few who can understand MLQ5 programming and forex expert advisors are created and sold.
Many forex robots can be found online and you can’t verify if these tools are working or not. This is why you will find very useful a section called MLQ5 market that can be found on the official MLQ5 website.
On MLQ5 market traders can buy Experts Advisors, Indicators, Panels, Libraries, Analyzers and more.
Each tool is verified for one month before being approved on the market and a Demo version can be used for testing before purchasing. MLQ5 market offers a secure environment to buy/sell different forex trading tools.
Using MLQ5 Market
In order to use MLQ5market you need to register a free account and agreat feature is that MLQ5 market can be accessed directly from the MetaTrader 5 terminal.
If you wish to purchase a certain forex expert advisor you can first download a Demo version and use it on the “strategy tester” feature available on the MetaTrader 5 platform.
It is recommended to check the ratings given by other who use that tool, in this way a better opinion can be made about its real performance.