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Jan 23, 2015 · The next step should allow you to determine the trailing stop for your forex EA. You can decide to base it on a fixed number of pips, use a technical indicator, or not have one at all. In this example, I won’t be adding a trailing stop just yet. Since automated Forex trading is a potentially highly profitable area, it's not surprising that there is a huge amount of Forex robots and signals out there. Literally every day many new Forex trading systems appear on the Forex EA marketplaces. Forex trading Expert Advisers. A forex Expert Advisor (EA, Forex Trading Robots, Automated Trading Systems) is an automated trading software that automatically places, modifies and closes trades for you on your Metatrader 4 & 5 platform. I think EA's work, but only work as well as the person programming it can program, and trade. The problem with EA's is people fail to program an ENTIRE trading system into them. For example, some EA's have great entry and exit strategies, but are lacking in money management. If an EA has a good strategy backing it, It should do fine. Dec 06, 2018 · When there is volume in the Forex market overall, and when there is volume in a particular currency pair, price has a high chance of trending. When volume is lacking, in a currency pair or in the market overall, price has a small chance of trending one way or the other. Why? Because volume moves the market. It’s the fuel. It’s the wind.
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