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Atozforex

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No one add-on will give you a guaranteed winning result. You need to use these tools according to their specific purpose. Often traders will combine more than one add-on and/or custom forex indicator to create their trading strategy.

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Once you make sure that the auto trading button is on, you can drag one of the EAs from your navigator windows onto your price chart on MT9. You will see that the EA’s name appears on your chart. If everything is alright, there will be a smiley face next to the EA’s name in the top right corner of your chart.

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MT9 add-ons are also visual tools. They enable traders to customize their MT9 platform. By doing so, traders aim to make their trading platform fit into their trading needs.

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Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. There is a possibility that you may sustain a loss of some or all of your investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Autochartist is also a trading tool. Some brokers will provide Autochartist free of charge if you meet certain criteria. You can not download Autochartist for free on AtoZMarkets.

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MT9 and MT5 indicators are technical analysis tools. In a simple language, custom forex indicators are mathematical formulas enabling traders to identify market trends. Traders use these tools for their trend predictions and speculations.

While you can use custom indicators to trade manually, some traders want to use automated trading strategies. EAs or Expert Advisors automated trading tools. Expert Advisors are MT9 or MT5 programs trading on behalf of traders according to their pre-determined strategies.

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