SubscribeThe Trend Is Your Friend
Article courtesy of Oracle Trader
It is widely known in the currency trading world that the trend is your buddy and any forex trading methodology based around following a trend is probably going to be both easy and effective.
Step one in using trend lines for a currency exchange currency trading technique is to establish whether [...]
Diversified Expert Advisor StealPips
Any time I see a currency exchange EA like StealPips I am amazed. It doesn’t occur frequently that EA creators focus on diversification. Generally you get a robot that trades on one time frame and one currency. You’ll either get a short term robot or long-term expert advisor and if you’d like diversification you’ve got [...]
Forex Brilliance – Each Currency Getting Its Own Robot
I see fairly often different expert advisors being made to trade on any currency pair. However, they are never created or tested on all currency pairs. Often there’s only 1 currency pair and it’s made and tested on that. But traders still use it on random currencies and see totally different results. However, I I [...]
Forex Spectrum – Making Simple Trading Systems
There is a myth in the foreign exchange trading world, and especially among the newbies a currency trading system has to always be complex. The matter of truth is that it only has to be as complicated as it must be. A system has to solve a complicated problem – that’s to trade forex automatically, [...]
How Important is Diversification and a Look at Caliber FX Pro
As a forex trader you obviously wish to trade with a certainty that you’ll make profit and you wish to minimise your risk. And there are plenty of methods to do that – from proper use of stop loss to a right scaling. But one of the most underestimated strategies is the diversification. Very few [...]
Forex Redeemer Suggests You Need to Learn Currency When Using EAs
Forex newbs regularly get into automobile trading and using EAs. They think that these systems allow them to trade mechanically while not having to bother to learn the trading. The idea is good – just set up a system and watch the profits roll in. However, the actuality is different. The expert advisors don’t trade [...]
Simple But Effective Elite Currency Trader
Often you will see how EA creators go out of the way to market their product even if it is not that good. They use all types of fancy names for the features, they mention AI, neural nets and all types of algorithms being used. Actually, there isn’t any way to approve what they use [...]
Is Forex Torpedo Really Predicting Markets?
There are tons of forex robots but this one Forex Torpedo has drawn my attention. Because it claims to beat other EAs by instead of using just past information, predicting markets. It says it uses artificial intelligence and other knobs and whistles to do that. It is interesting, but I’ve got some doubts. Aren’t other [...]
How to Trade in Diverse Market Conditions with Forex Black Panther
One of the most difficult problems of automated currency trading are the varying markets. Many expert advisors fail at this. Others screw up totally because they were built in certain circumstances and then the conditions suddenly changes leaving the system at a loss. The users are customarily left puzzled of what happened. The answer to [...]
Focuse On a Single Currency – GBPBOT
You’ve read it right, the headline says a single currency, not a currency pair. Most frequently forex traders concentrate on one currency pair, however they miss a lot of other trading opportunities on other currency pairs. There is a middle ground and it is possible to concentrate on a single currency of different pairs.
One robot [...]