How to create Forex Robot for Fix Api Trading

How to Create Forex Robot for Fix Api Trading.

What is Fix Protocol?FIX is a special financial protocol which enables to receive up-to-date information from financial markets (quotations, news, etc.).

Fix Protocol Allows to:- Make transactions at market prices without spreads and slippages;- Open transactions without delays;- Conduct a comprehensive asset analysis;- Perform effective arbitration trade (FIX API Latency and FIX API 2-Leg Arbitrage);- Use effective scalping strategy.

What Programming Language Should be Used for Writing a Trading Robotfor FIX API trading?It should be understood though, that the technique of writing a trading robot for FIX API trading is virtually no different from writing robots for server trading, because it doesn't require learning a programming language or new classes or methods. FIX API robot can be written using the FIX API Java, FIX API python or FIX API C# libraries which can be simply integrated into the development environment.

To Create an Automated FIX API Algorithm,You Need to:1. Write a robot in one of the programming languages; 2. Create a class for reading XML messages, FIXML; 3. Create a class for sending these messages; 4. Implement a complete object model, with which will trading via the protocol be conducted.

The Difference with a Simple Robot is Minimal, Yet the Result is Great:- The number of transactions increases; - The ratio of pro�table to unpro�table deals also grows; - Financial indicators of pro�tability and pro�t factor improve on average by 10-15%. 

Conclusion.A trading robot created to work with FIX protocol becomes an indispensable tool for successful trading. It simultaneously solves the problems of "manual" trading and data accuracy, which affects the quality of forecasts and the financial result.