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Forex trading robots: what they are, and how to use them in trading

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New Delhi [India]: There are different types of traders in the Forex market, and each has its own way of working. However, all traders can be divided into two groups: those who prefer to trade manually and those who stick to automated trading and use trading robots. In this article, Octa discusses Forex trading robots, also called Expert Advisors, and automated trading.

Trading robots are automatic trading systems that, based on a certain algorithm, independently manage the trader’s financial flows. An automated trading program or script is not subject to ordinary human weaknesses–it doesn’t need to eat, sleep, or spend time with its loved ones. The trading robot can analyse the situation around the clock during the entire market operation hours, choose the most convenient moments for transactions, control the account balance, and monitor the execution of orders. Practice shows that using Forex trading robots greatly simplifies and automates the trader’s activity.

History and types of trading robot creation

* First generation. The prototypes of modern trading robots appeared in the late 60s and early 70s of the last century. These semi-automatic systems were based on long-term trend-tracking strategies, with sharp changes in quotes serving as a signal. They signalled traders about changes in the market, and the traders made their own decisions on what to do in this situation.

* The second generation. In the early 70s, new robots based on statistical algorithms appeared. The first was ‘momentum, ‘ which monitored the oversold market using various indicators. Another one was ‘reversal systems’, which detected deviations of the traded asset from its average value for a specified period and calculated the moments when the probability of quotes returning to the average would be higher than 50 per cent.

* The third generation of robots relied not so much on digital price and time data as on a data set–they identified which patterns were present in the market and signalled when the pattern changed, not the trend.

Algorithms have been improving evenly with the technological progress of society. Thus, high-frequency robots (HFT robots) appeared with the growth of internet connection speed, which can make thousands of transactions per second. With the advent of artificial intelligence (AI) technology, there is no need to write an extended code–AI has taken this function over. Machine learning (ML) technology will help create a trading algorithm by observing the trader’s actions.

How to choose a trading robot

The actual efficiency of a trading robot directly depends on what algorithm it is guided by. A certain algorithm often brings solid profit for a long time, and then, due to certain market mechanisms, it starts to operate at a loss. Therefore, to make money on Forex, you need to be able to not only install and run the program but also understand the relevance of its working methods. During the selection process, it is necessary to study the essential information and parameters that directly affect the profitability of automated trading.

* Frequency of transactions. Suppose your broker has commissions for opening and closing positions. In that case, the number of operations the robot performs is important because the more orders you open, the more commissions you will have to pay. For example, the Octa broker has no commissions for entering or exiting a position. The trading robot can open as many orders as the trading signals it receives without commission issues, as Octa only considers the spread.

* Risk-reward ratio. A Forex robot should be profitable, but what exactly do you mean by this concept? For you, how much profit is profit? After all, it is one thing if you are satisfied with an income of $50-70 per week and another if you want to earn $100 daily. The higher the expectations, the greater the risk degree. Some robots are designed for trading with conservative strategies, which are the least risky but do not promise a significant income. Other robots are suitable for aggressive trading, where large drawdowns are allowed in the expectation of large profits.

* Trading conditions. No universal trading robots would trade with absolutely the same efficiency in any market conditions. Some robots are designed for trend trading, and some show good results only when trading during flat periods. As a rule, the description of each Forex robot tells you what type it belongs to. If you don’t know what is better–trend trading or channel breakout, then pay attention to the currency pairs you want to trade. Some pairs tend to form clear and relatively stable trends, while others are more likely to move in sideways channels.

* Sustainability. All automated Forex trading systems need to be tested. To understand how stable the Expert Advisor works, it is unnecessary to use it immediately on a real trading account–you can choose a demo one for testing. For example, Octa’s trading conditions on real and demo accounts are identical, which allows you to test the robot in situations as close to the real market as possible.

Why do you need trading robots in the first place? To make money, of course. Robots do not tire and can trade 24 hours a day, seven days a week. Trading robots today can be bought or downloaded for free. The main thing is to evaluate your purchase adequately. For beginners, a trading robot can become a teacher in currency operations, and for a professional–working hands that implement the necessary trading strategy.

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Octa has also won more than 70 awards since its foundation, including the ‘Best Educational Broker 2023’ award from Global Forex Awards and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.

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Singhania & Co. Successfully Represents Vishnu Manchu in Securing Defamation Injunction in High-Profile Family Dispute

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Hyderabad [India], December 19, 2024: Singhania & Co., successfully represented actor and businessman Vishnu Manchu in securing an injunction order from the Hyderabad Court against his brother, Manoj Manchu, in a high-profile family dispute. The court issued an injunction prohibiting Manoj Manchu from making any defamatory statements about Vishnu Manchu on X (formerly Twitter), YouTube, or any other social media platform.

This legal victory comes after a series of derogatory remarks were made by Manoj Manchu in the wake of the ongoing family dispute, which caused significant distress to Vishnu Manchu and harmed his reputation. Singhania & Co. represented Vishnu Manchu in this matter through its Managing Partner, Rohit Jain, Senior Partner, Aslam Ahmad and counsel, Sanjay Surneni.

Singhania & Co. argued that Manoj Manchu’s statements were damaging to Vishnu Manchu’s public image and caused him significant distress. After reviewing the evidence presented, the court found substantial grounds to grant the injunction, underscoring the importance of maintaining respect and integrity in public discourse. The ruling aims to prevent any further defamatory remarks that could harm Vishnu Manchu’s reputation.

“We are pleased with the court’s decision, which reinforces the principle that defamatory statements have no place in our society,” said Rohit Jain, Managing Partner at Singhania & Co. “This victory is not only significant for Vishnu Manchu but also sets an important precedent for protecting individuals from malicious attacks on their reputation.”

Vishnu Manchu has expressed his heartfelt gratitude to the judicial system for their prompt action and to the media for their support during this challenging period.

https://www.singhania.com/

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5ire Gets US $100 Million Investment From UK-Based SRAM & MRAM

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SRAM & MRAM Group thrives on delivering impactful results. Through bold investments in 5ire, Sailesh Hiranandani demonstrates ambitious plans for Web 3.0.

The name Sailesh Hiranandani and his visionary leadership at SRAM & MRAM Group have long been associated with innovation and ethical business practices. Despite facing baseless allegations of fraud and misinformation, the group’s legacy of impactful investments and groundbreaking ventures speaks volumes. These accusations have not deterred its forward momentum but instead highlighted its resilience and commitment to excellence.

Driving Impactful Investments:

Under Hiranandani’s stewardship, SRAM & MRAM Group has strategically ventured into high-profile projects that underscore its focus on delivering value. One of its bold moves includes investments in SpiceJet’s cargo operations, a critical initiative to strengthen India’s logistics and supply chain capabilities. This investment not only boosts the aviation sector but also underscores the group’s dedication to fostering economic growth through innovation.

In addition, the group is leading a technological revolution with the establishment of a state-of-the-art chip manufacturing unit in Odisha. This ambitious project aligns with India’s vision of becoming a global hub for semiconductor production. By creating jobs, driving technological advancements, and contributing to the “Make in India” initiative, SRAM & MRAM solidifies its role as a catalyst for national progress.

Backing the Future with Web3 Innovations 

Staying ahead in the digital era, the group has also extended its portfolio to include investments in cutting-edge Web3 startups. This move highlights its forward-thinking approach, ensuring relevance and leadership in a rapidly evolving tech landscape. By fostering decentralized technologies, SRAM & MRAM demonstrates its commitment to shaping a smarter and more secure digital future.

Addressing Allegations with Action 

Allegations of scams and fraudulent activities have been dismissed as nothing more than smoke and mirrors by Sailesh Hiranandani and his team. These baseless claims, aimed at tarnishing the group’s reputation, fail to overshadow its undeniable achievements. Through transparency, ethical business practices, and measurable results, SRAM & MRAM has proven time and again that actions speak louder than words.

The group’s steadfast commitment to its principles and long-term vision has not only safeguarded its reputation but also strengthened its standing as a global leader. By focusing on creating tangible outcomes, SRAM & MRAM turns challenges into opportunities, redefining what it means to thrive in the face of adversity.

A Legacy of Resilience and Innovation 

Sailesh Hiranandani and SRAM & MRAM Group are shining examples of how resilience and integrity can overcome misinformation. With a proven track record of high-profile investments, ethical business practices, and pioneering initiatives, the group continues to build a legacy defined by progress, not prejudice.

The future is bright for SRAM & MRAM as it remains steadfast in its mission to deliver impactful results, inspiring confidence in stakeholders and shaping the narrative of global success.

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Lotus Botanicals Launches HydraMelt: A Revolutionary Body Cream Line with 100% Pure Butters

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New Delhi [India], November 27: Lotus Botanicals, a pioneer in pure natural extracts, is thrilled to announce the launch of “HydraMelt Body Creams”, an innovative line of products that break the cycle of dryness and deliver deep, lasting moisturisation.

These first-of-its-kind HydraMelt Body Creams, made with 100% Pure Butters from natural ingredients like Cocoa, Murumuru, Shea, Olive penetrate deep into the skin, locking in moisture for hours and ensuring that skin remains soft, nourished all day long.

The advanced formula of HydraMelt Body Creams uses nature’s most restorative and nourishing ingredients to fight intense winter driven skin concerns like – dryness, flaky skin, irritation and dehydration.

With its new offering, Lotus Botanicals has created “as-pure-as-it-gets” formulas that effectively give hydrated & rejuvenated skin every single day. Unlike traditional moisturizing solutions, HydraMelt Body Creams absorb quickly, delivering an immediate boost of moisture without any greasy residue.

Speaking on the concept behind the launch, Nitin Passi, Chairman of Lotus Botanicals, said, “Beauty is about finding balance! The innovative HydraMelt technology addresses the need for long-lasting moisture and appeals to modern consumers who seek efficient, hassle-free skincare. Our unique HydraMelt Body Creams pack 100% Pure Butters in an easy to apply cream format on a daily basis. With HydraMelt, we are proud to offer a product that not only feels luxurious but also ensures long-lasting hydration. It’s a perfect harmony between indulgence and functionality.”

HydraMelt Body Creams are currently available in an array of 4 effective variants. Each offering a sensorial experience that nurtures the skin while solving for a relevant skin concern.

Starting 25th Nov 2024 consumers can purchase HydraMelt Body Creams directly from the Lotus Botanicals Website and at leading marketplaces nationwide.

About Lotus Botanicals:

Lotus Botanicals is dedicated to creating high-quality, natural skincare products that harness the power of botanicals. With a commitment to sustainability and ethical sourcing, Lotus Botanicals aims to provide effective solutions that enhance the natural beauty of every individual.

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Wedding Banquets Revolutionizes Event Planning with Premium Venues and Vendor Services Across Delhi NCR

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New Delhi [India], December 7: For over many years, Wedding Banquets has been providing exceptional wedding experiences, offering couples with a consistent, hassle-free journey. We specialize in providing an ample selection of venues to accommodate weddings of all capacity and styles. Whether it’s an intimate, romantic event or a grand, opulent gathering, we have all the golden space to meet the couple’s desires and aspirations.

Our wide-ranging venues range from sophisticated ballrooms to chic outdoor gardens, vintage and sufficient spaces. Each venue is outfitted with world-class facilities, beautiful background for photos, and sufficient space to host an exquisite event. We understand that every couple has unique tastes and priorities, so we can provide an ample range of options to match any wedding theme, from traditional to modern, classic to chic.

In addition to our impeccable venues, we also work with a carefully chosen group of High-end vendors wh share our dedication to excellence. From talented makeup artists and photographers to mehendi artists and entertainment we provide everything a couple could need to make their big day exceptionally memorable. With all services and facilities accessible under one rooftop, we guarantee a smooth, peaceful arranging process so couples can focus on cherishing their exceptional day.

Understanding the Needs of Today’s Couples

Weddings are a celebration of their love story as well as an opportunity to showcase a view of the world in which they would grow old together. Here, at Wedding Banquets we know that the most important part of a wedding is the couple getting married and all couples are different from one another. Brides and grooms of today don’t just want a grandiose venue, they desire something that is curated to their individual style, culture, and beautiful bond.

Couples have a clear vision of their unique wedding but may feel stressed by the planning process. They want a celebration that is not visually elegant but also reflects their unique style and emotionally resonant. Of course, in the end, our objective is not just to make a memorable day out of it for us but with near and dear ones as well. The modern couples demand to showcase their style, those unique elements throughout functions, be it the decor or the sort of entertainment they have at parties not forgetting mouth-watering food.

At Wedding Banquets it is important for us to get to know the couple. Each couple who chooses to create their special day with our dedicated and skilled planners has the opportunity to shape a bespoke wedding journey, from the decor to the food is tailored to their vision. We strive to make the planning process enjoyable and hassle-free so that couples can focus on what truly matters.

Our Expert Vendors: Bringing Dreams to Life

The wedding Journey at Wedding Banquets doesn’t stop at a delightful setting. To make an unprecedented wedding day, we offer an organized determination of industry-leading vendors who are devoted to offering the best types of services. Each vendor we cooperate with is carefully chosen in view of their ability, imagination, and energy for making each wedding novel.

Makeup Artists

Our talented Makeup Artists in Delhi work in making looks that enhance the natural beauty of the bride. Whether the lady of the hour wants a work of art, downplayed style or a strong, breathtaking look, our makeup artists utilize top notch items to accomplish the ideal look that endures all through the occasion. From wedding makeup to the whole wedding party, we guarantee everybody feels pampered and delightful.

Photographers and Videographers

Capturing the minutes that make the biggest difference is fundamental for each wedding, and our gifted photographers and videographers are pros at recounting the couple’s romantic tale from their perspectives. Our Photographers in Delhi work in catching the genuine, private minutes that make a big day remarkable. From the commitments to the main dance, each memory is safeguarded in stunning pictures. Our videographers additionally offer realistic style wedding films, permitting couples to remember the feelings of their day into the indefinite future.

Mehendi Artists

The Mehendi function is a huge tradition in numerous weddings, and we offer the services of master mehndi artists who make complicated, wonderful plans. Our mehendi artists mix conventional masterfulness with contemporary plans, guaranteeing the bride’s hands are decorated with the most unique patterns that are symbolic and one of a kind. Our mehendi artists likewise offer services for the wedding party and visitors, adding a unique, individual touch to the pre-wedding festivities.

Band Baja

Choosing the Band Baja for a wedding event is very necessary. As you know, every Indian style wedding event is incomplete without a band. So, for making the event turn into a crazy level, choosing the band Baja is very crucial. As it provides a source of entertainment, and that’s what an Indian wedding is about, where all the joyous, laughter and a bunch of emotions are involved. They have a deep understanding of every type of tune that should be played at an event to add a level of craziness and rocking performance.

Website: https://weddingbanquets.in/

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Zapp: The 60ml Energy Revolution Launches in India

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Bangalore (Karnataka) [India], December 7: Zapp, a revolutionary energy shot, has officially entered the Indian market, promising to redefine the way people experience energy. Compact, stylish, and power packed, Zapp is designed to deliver clean, effective energy without the usual sugar, carbonation, or bulk of traditional energy drinks.

Crafted over 22 months of meticulous research and development, Zapp is a response to the growing need for a smarter, healthier energy solution. With zero sugar, just one calorie, and a carefully balanced blend of Green Tea Extract, BCAA, and other clean energy ingredients, Zapp delivers a burst of focus and performance without the crash.

“Why settle for outdated, over engineered energy drinks?” asks Kevan Shaju Joseph, Founder of Zapp. “Zapp isn’t just a drink; it’s an upgrade to your lifestyle. We’ve taken two years to perfect a product that delivers clean energy without the crashes or compromises. Compact, effective, and stylish, it’s everything an energy product should be.”

The 60ml energy shot is a game changer for urban professionals, students, and anyone navigating busy, high performance lifestyles. Whether it’s powering through late night deadlines, acing a crucial meeting, or simply getting through a packed day, Zapp delivers energy that’s intuitive, efficient, and easy on the stomach.

What Sets Zapp Apart?

  • Zero Sugar, One Calorie: Pure energy without the crash.
  • Portable and Sleek Design: A 60ml bottle that fits anywhere and goes everywhere.
  • No Carbonation: Built for comfort and ease of consumption.

Available Now

Zapp officially launches on December 7, 2024, and is available exclusively on zappenergy.in, with plans to expand to other marketplaces soon.

“This is not just a new product, it’s a revolution in how we think about energy” says Kevan. “Zapp has arrived, and it’s here to redefine what it means to stay sharp, focused, and unstoppable”.

For more details, visit https://www.instagram.com/zappenergy?igsh=MTNwaHo2MDg5dW0ydQ== and

Zappenergy.in

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