WEBTRADER FREE TRADING SOFTWARE

THE WORLD’S NEXT MOST POPULAR FOREX TRADING PLATFORM

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ALGORITHMIC/AUTOMATED TRADING

Developed using programming language, Webtrader allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. Trading robots are applications used for trade account management. They analyse quotes from financial instruments allowing traders to execute the most profitable trades. Thousands of these indicators can be downloaded for free.

Automated trading executes online deals faster than any human

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IN-BUILT STRATEGY TESTER

The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts. The entire process is based on the historical quotes of currencies and other financial products, for which there are several testing modes.

  • Optimisation: One trading robot can be tested multiple times, using different sets of parameters to choose the best set of inputs.
  • One-click trading: Webtrader simplifies the process of opening a new position with a single click.
  • Graphical display of results: Testing results are shown in figures and a great amount of statistical data is also made available, including profit/loss percentage, expected payoffs, etc. There are options for 2D and 3D tools for visual analysis of results of optimisation.
  • Forward testing: Divides the database of currency and indices for optimisation into two separate parts.
  • Multi-currency: Allows for testing on multiple currencies, to analyse and identify the correlation between different pairs.
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FOREX ROBOTS FOR SCALPING

Forex robots are ideal helpers when you need to evolve your scalping techniques and stop making manual decisions. Once you open numerous short-term orders, the most important thing is to close the orders with proper timing. That is where robots come in, providing accuracy in Forex and index trading. For instance, the EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders once your predetermined trading indicators are reached.

Webtrader scalping allows you to turn many small profit opportunities into a big one. This is also a good risk management strategy, since it does not involve taking on big risks in the hope of huge profits, though do bear in mind that robots do make mistakes, and any questions regarding those errors must be sent to the developer of the EA in question.