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BEST FOREX ROBOTS METATRADER EA
You can get more information about our products in our store. There are you’ll find the description of each advisor, history statements, youtube videos, screenshots, profit and drawdown statistics. We cited real screenshots from the strategy tester and other special software, from which you can see the profit, the number of successful deals, possible losses and other.
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A little about Forex and Ea
FOREIGN EXCHANGE MARKET
Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world’s currencies trade. The forex market is the largest, most liquid market in the world with an average daily trading volume exceeding $5 trillion. All the world’s combined stock markets don’t even come close to this. But what does that mean to you? Take a closer look at forex trading and you may find some exciting trading opportunities unavailable with other investments.
FOREX TRANSACTION: IT’S ALL IN THE EXCHANGE
If you’ve ever traveled overseas, you’ve made a forex transaction. Take a trip to France and you convert your pounds into euros. When you do this, the forex exchange rate between the two currenciesbased on supply and demand determines how many euros you get for your pounds. And the exchange rate fluctuates continuously.
Expert Advisors in Forex Trading
In forex trading, a specialist expert advisor (EA) is a software that automatically initiates and executes transactions according to pre-programmed instructions on when to trade. Expert advisors are most often deployed on the MetaTrader 4 or 5 forex trading platforms. You can use an existing EA or create your own based on the trading parameters you like. These EAs are written in a programming language called MetaQuotes Language (MQL). Both MetaTrader and MQL were developed by MetaQuotes Software Corp.
Advantages of an EA
Forex markets are open somewhere in the world 24 hours a day/seven days a week. Using an expert advisor, or a similar trading tool called a forex robot, to carry out trades in your absence enables you to take advantage of trading opportunities while you’re working, asleep, or otherwise occupied.
Using an EA also removes the emotional factor from your trading. Your fear or greed won’t play a role in whether you choose or decline to respond to trading signals; the EA will carry out trades based on your instructions without considering how it would spend a profit or weather a loss.
If forex trading is your main income generator, using an EA can reduce your stress level and make a potentially emotionally and mentally exhausting and very time-consuming enterprise a lot less so.
On a related note, an EA or robot can consider far more variables at the same time than you could hope to wrap your head around. And it can consider those variables for several different currency pairs at the same time. You can not, no matter how intelligent you are.
Disadvantages of an EA
If your EA isn’t able to respond to real-time news, it would ignore important fundamental reasons for making or not making trades. If you’re at your desk monitoring the news, you can avoid such trading mistakes.
And similarly, even though the EA can deal with more variables at once than you can, it can act only according to what you’ve programmed it to do. You’re not as rigid in your thinking and can respond to variables that fall outside those limited parameters. And there may be times when that’s necessary to avoid a big trading error or take advantage of a significant opportunity.
The Importance of Testing and Doing Your Research
Whether you use someone else’s EA or create your own, it’s crucial to test it over various time frames in a practice account one that doesn’t put real money at risk to see how it performs for you. You may find, for instance, that it works well on certain currency pairs but not on others.
If you’re using an EA you programmed, be prepared to finagle with the variables from time to time. As trends in the market change, your program may have to change with them.
If you’re using an EA from another firm or individual, remember that the currency market is largely unregulated, which makes it a natural for scammers. Beware, of course, of EA creators who promise ridiculously high returns. But also realize that some scammers understand over-promising is a red flag, and an EA provider that tries to strike a balance between hope and credibility may also be a scammer.
Above all else, do your research before committing to any one expert advisor, and keep your expectations realistic. There are some good EAs out there, and some traders achieve year-over-year gains using an EA or robot that trades automatically, but their annual percentage returns are likely to be in the high single or low double digits at best.
A Renko chart is a type of chart developed by the Japanese that, like most charts, is constructed using price movement rather than price and standard time intervals. It is believed that the chart is named after the Japanese word for brick, renga, as it looks like a series of bricks. New bricks are made when the price carries a certain amount, and each block is positioned to the previous brick at a 45 degree angle (top or bottom). The upper bricks are usually white or green and the lower bricks are usually black or red.
Don’t think of anything more than that. I can recommend you to use Hedge Renko Best Forex EA or Swing Trade EA or Renko Super Scalper Ea. Your small balance account is fully protected.
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Traders are happy to use the Renko chart. This candle note automatically turns into a brick.
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The Most Popular Trading System, Arbitrage EA
Fully automatic forex expert advisor for HIGH FRAQUNCY TRADE EA . HFT EA is a style of trading that many brokers consider as incorrect, but in reality it does not differs greatly from scalping as an operating mode. So, all brokers who agree to scalping also accept our super HFT EA.
Fully Automated Forex Trading Robot
Our Forex Robot is a fully automated foreign exchange trading program that runs on the MT4 And MT5 trading platform. It opens and closes trades for you automatically, just like having your own trading on auto-pilot. Based entirely on algorithms, the trades happen 24 hrs, 5
days a week. Completely stress-free, set-and-forget trading. It will even trade for you while you sleep.
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Development of trading robots and technical indicators
Algorithmic trading (automated trading) is one of the strongest features of MetaTrader 4 ,5 . The platform features the MQL4,5 IDE (Integrated Development Environment) allowing you to develop Expert Advisors (trading robots) and technical indicators of any complexity. Its core is MQL4,5 object-oriented programming language for trading strategy development. It offers high efficiency, flexibility and functionality.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS MetaTrader®, MetaQuotes®,MQL4®,MQL5®, MT4®, MT5® is a trademark of Metaquotes® https://www.metaquotes.net