Is a type of autotrading is very similar to algorithmic or black-box trading, where a computer algorithm, or Expert Advisor (EA), decides on aspects of the order such as the timing, price, or quantity or initiation of the order without human intervention. Users can only interfere by tweaking the technical parameters of the program; and all other control is handed over to the program. Forex Robot is sometimes also called Forex EAs. This type of Robot is a computer designed software to make trades for you on whatever foreign exchange trading platform you are running, most of them run on the Metatrader platform which is free from most brokers. The software places all your trades from start to finish. However nowadays Forex Robot is designed to make retail forex traders like us to easily configure and assign what we require of the trading.