[jamiebrwn]

Forex Robots or expert advisors are scripts coded with automated forex trading strategies. You import the scripts into MetaTrader platform and your robot will enter/exit trades for you automatically 24 hours around the clock. As such. you have to always leave your pc on. If not, you can host your forex trading robot on a VPS (Virtual Private Server). Some traders prefer to use automated trading robot as their sole trading system and others using it to manage part of their portfolio. How well forex robots work depends on the adopted strategies and money management system. To understand how well your forex robots work, you should ask or backtest the robot software. You will get a better idea on their performance (risk/reward ratio, consecutive wins and losses and etc).