Commodities trading bot: gold, oil, silver and gas
The short answer
AlgoBars bots can trade commodities two ways: as CFDs through MT4, MT5 or cTrader brokers, or as real CME futures through MT5 futures brokers such as AMP Futures. Build the bot in plain English, backtest it free, and let it trade gold, silver, oil, natural gas and more.
Last updated
Commodities you can automate
CFD names and available futures depend on your broker.
| Commodity | As a CFD | As a future |
|---|---|---|
| Gold | XAUUSD | GC |
| Silver | XAGUSD | SI |
| Crude oil | WTI or Brent | CL |
| Natural gas | NATGAS | NG |
| Copper | Broker dependent | HG |
| Platinum | Broker dependent | PL |
| Gasoline | Broker dependent | RB |
| Heating oil | Broker dependent | HO |
Market guides
How to automate commodities
- Choose your route: CFDs with your MT4, MT5 or cTrader broker, or futures with an MT5 futures broker such as AMP Futures.
- Describe your strategy in plain English, or start from a free template.
- Backtest it free on past prices.
- Set your risk per trade and a stop loss for every trade.
- Switch it on. The bot trades 24/7 on AlgoBars servers.
Good to know
Commodities can move fast around news such as inventory reports and central bank decisions. CFDs and futures are leveraged. Nothing here is financial advice.
Frequently asked questions
Can a bot trade gold and oil?
Yes. AlgoBars bots trade gold, silver, oil, natural gas and other commodities, as CFDs through MT4, MT5 or cTrader brokers, or as CME futures through MT5 futures brokers such as AMP Futures.
Should I trade commodity CFDs or futures?
CFDs work with many brokers and allow small sizes. Futures are exchange contracts, traded through an MT5 futures broker. Choose the one your broker and account size fit.
Can I backtest a commodities strategy for free?
Yes. Backtesting is free on every AlgoBars account.
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