First of all, it should be clear why people do Forex trading. People jump into Forex trading in a way to generate extra income without any physical labour. So these traders use many methods and systems to determine buy and sell signals of the contracts. In Forex Social Trading, there are various Forex Trading Tools consisting of Forex Trading Robot and Forex Trading Indicators.

What are Forex Robots and Indicators?

Forex robots are not like humanoid robots seen in the movies or TV, but they are computer programs and a bunch of codes. Those are also called custom scanners which are used to enter automatically for buying or selling of the contract. Forex indicators are derived from advanced mathematics and price action of the historic data.