Finam Forex trading robot

Brokerage company Finam Forex does not offer clients a robot for automatic trading. But every trader has an opportunity to create his own automatic or semi-automatic bot. Let’s see how to create an automated assistant on the site finamfx.ru (formerly forex.finam.ru) and facilitate trading on the stock or currency market.

Create your own bot

Forex broker Finam offers TSLab platform to create your own trading bot for free. Access to the platform is available to all finam.ru users. Functions of the platform:

• Development. You can independently develop or modify trading advisors, as well as adjust them in manual mode.
• Visual editor. With this TSLab editor you can create applications of any complexity without learning programming languages. Here you will find various signals, mathematical algorithms in the form of editable blocks.
• Testing trading strategies. In the laboratory you can test the developed tactics on the basis of historical data. Based on the results of the analysis, the strategy can be adjusted before trading in the market.
• Diversification of trading. Here it is possible to work with several brokers at the same time, testing your strategies and making independent operations using dozens of tools, oscillators or indicators.
• Risk management. The module analyzes requests and then blocks those that do not meet the set restrictions or filters. When the request is blocked, the user receives a notification.
• Script container. Containers allow you to secure and save valuable trading strategies from unauthorized access. Put the algorithm in a container and no one can view it or make edits.

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In addition, the platform offers an instant notification system, a user-friendly, simple interface, and a flexible API. All features of the platform are available free of charge, with no restrictions. Payment is required only for subscription when connecting to a real account. Trading with TSLab is available in futures, options, cryptocurrencies. The following are some of the most popular financial instruments.

Why do we need trading robots?

A trading bot is an algorithm that trades according to predetermined rules. The assistant not only frees the trader from constant control of transactions, but also protects him from large financial losses. Trading robots can be different:

• the size of the deposit, the resources allowed;
• trading strategies;
• the ability to change settings;
• trading instruments.

Having created your own robot, you can teach it to trade according to your own tactics using instruments close to you, set limits on the deposit or trading platforms. After the configuration, the algorithm connects to the trading floor and trades for you according to your strategy. This greatly facilitates trading, because you no longer need to watch the signals, conduct technical analysis, and open transactions manually.

Pros of automatic assistants

The main and most important advantage of the trading bot is the absence of emotions. The robot cannot succumb to temptation and increase the size of the bet. In addition, the machines know no fear or doubt. They work according to strictly defined algorithms, systematically increasing the trader’s deposit. But, despite these advantages, bots have their disadvantages. For example, they are not able to conduct a fundamental analysis or trade on the news.

The applications are not capable of changing tactics independently and adjusting to changes in the market. But, the most important disadvantage is the abundance of fraudulent algorithms that turn out to be malware. If you want to trade with a robot-assistant, the best solution is to create one yourself. Download TSLab bot creation service and trade at Finam with your own assistant according to your own strategy.