Basic Expert Advisor Types Explained
An expert advisor is an automated trading system that makes its trading decisions based on the implemented trading strategy. By strategy type, we can differentiate different types of expert advisors.…
An expert advisor is an automated trading system that makes its trading decisions based on the implemented trading strategy. By strategy type, we can differentiate different types of expert advisors.…
News trading is one of the most difficult tasks in the Forex market. The retail traders are always trying to trade the major news since it helps them to make…
MetaQuotes Language or MQL is a proprietary programming language that is used to program Expert Advisors, Custom Indicators, Scripts and even libraries for the MetaTrader trading platform. There are two…
When you either develop or purchase an Expert Advisor can you put to trade at your trading account straight away? Well, I would not advise you to do so. (Unless…
A modern trading strategy development environment, MetaEditor is integrated with the MetaTrader platform. It is possible to create algorithmic trading programs with the help of MetaEditor. These programs allow algorithmic…
If you have developed, acquired or purchased a trading system that works well for you, at one point you will come to an idea to automate it. Wait, but why…
From the most simplistic perspectives, forex expert advisors are strategies like any other. Traders can develop strategies using indicators or by leveraging stop loss and trailing stop limit orders. Forex…
The traders are always using the EAs and bots without doing the complex market analysis. Many people have made a fortune by using the Forex bots. But to find the…
Developing an automated trading strategy from scratch is a very challenging task. Unless you have a precise trading strategy, you won’t be able to automate the system. Most importantly you…
Forex scalping is a popular trading strategy used by traders to pick small profits in and out of positions in quick succession several times in a day. The traders usually…
So, you are done with your forex course, you have also traded on a demo account for a few months. It is now time to dive deeper and swim with…
What is holding you back, preventing you from taking your forex trading game to the next level? Is it an unreliable trading strategy, the inability to gather and process crucial…