Indicators, Systems, Sceener for ProrealTime and MT4 / MT5

Technology has changed the world of finance drastically. We went from placing orders with the landline by calling the broker to having the world in real time on our monitor. The changes were momentous. The first to adapt were institutional investors. The vast majority of transactions are now handled automatically by algorithms. So, since we have the chance, why can’t we also exploit the technology? Several platforms now allow us small traders to program trading systems, “robots” and algorithms to automate our operations and our trading systems and custom trading indicators. Talking about this with other traders, many of them tell me: “I don’t trust, I prefer to be in control”. Well … but the control over what? How can you expect to control something which by its very nature is uncontrollable, namely the markets? Let’s look at it this way. We know that the best way to get continued trading results is to have a method and follow it with discipline. But how often does our emotionality make us lose opportunities, money or profits? The algorithm is not emotional, but only the automatic transposition of one of our methods.

And if you do not want to leave the operation to complete automated control, you can at least get “help out” by systems and indicators, and once we have entered the market we can always control and manage the positions, for example by automating the entries on a particular pattern to then manually manage the trade. We are entrepreneurs of our money and automatic systems can be at our service, like employees. We can have systems that work only long or only short and then activate or deactivate them according to market conditions and the current trend. For some time now I have combined discretionary operations with automatic and semi-automatic operations. I started studying some programming and I am slowly honing my knowledge. I have programmed my own indicators (because programming allows us to do this too), I have programmed and am programming trading system. All this is made possible by the technology at our disposal that allows us to enter the field of the systematic use of statistics and probabilistics, very important in trading as I explain in my book “Mind trading”. In addition, my broker provides me with one of the best trading platforms in the world, Prorealtime, which has an easy, intuitive and automatic / simplified way to allow us to create small indicators and automatic trading systems.


We're sorry, but comments are closed.

No Responses to “Indicators, Systems, Sceener for ProrealTime and MT4 / MT5”

By submitting a comment here you grant a perpetual license to reproduce your words and name/web site in attribution. Inappropriate comments will be removed at admin's discretion.