How and why I built Automatic Forex Trading Robot

About me

I have worked with FOREX trading software development for a long time.
In general, the software is called as EA in metatrader4/5. My key technology covers a wide range of scope from development of EA to indicator according specified trading strategy.

The problem I wanted to solve

• Finding correct entry and exit of trade position based on technical analysis of the market trend using custom indicators.
• Risk management automated
• Minimizing trading loss and Maximizing its profit

What is Automatic Forex Trading Robot?

I have resolved risk management using dynamic lot size recalculation using probability value of trading history .
Finding entry and exit of trade position depends on how the indicators used are correct.

Tech stack

I made my own trading strategy, compounding use of MA, MACD and Stochastic Indicators according to the client' request.

The process of building Automatic Forex Trading Robot

First of all, its the most important to figure out how specified indicators will be used for decision of position entry and exit.
So 1H, 4H charts can be used for manual analysis before designing EA.
Second, according to an idea based on historical data feed, make an EA as the trading strategy.

Challenges I faced

I was very hard to figure out a solution to manage all indicators and write an EA based on them.

Key learnings

Statistics theory, Application Mathematics, Machine Learning, Forecast theory, Big data processing