The UWCTrader trading terminal has different options for market and
strategy analysis. The trading terminal uses an integrated programming
language called MQL, which allows "Advisors" to be created. An Advisor
(robot) can do the work you would normally do, and make deals for you
automatically. Please read the information about terminal specific
features below.
The UWC Client Trading terminal makes automated
trading possible by using script programs (Advisors), which have
several advantages over live trading. The Advisor is a
program written in a language called MQL easily understandable to everyone. The
Advisor code uses logic to carry out trading operations.
Traders can therefore create more freedom for themselves by attaching
an Advisor to their graphs. So you won't need to sit in front of a computer
all the time to track the market. Advisors never get tired:
they can track the market situation 24 hours a day during 7 weekdays and make deals each time to
trader-specified parameters.
Advisors are robots that do the work for you. Moreover, the
problem related to the psychological component of trading is also
eliminated. Most people make deals based on their emotions, but as opposed to this
robots will regularly and confidently implement statistical advantages written in the program logic.
Experienced traders and programmers who work with our company will
assist you with writing and testing your own Advisors.
If you have an Advisor, you can run a back-test. This will enable you
to find out how it worked during a specific period in the past, and
give you the possibility to assess its efficiency.
We kindly suggest reading the "Strategy Tester" section of our
website for more information about this.