subject: FOREX EA – tools in automated forex trading [print this page] Forex trading is well known and many people are in online business. Forex ea is more known as Forex Expert Advisor. You can use this system and programming with minor help. The benefit of having Forex ea is as it allows the process automatically. It is used for big traders who have invested in different markets and unable to watch the market continuously. There are many types of robots; some of the most well known are:
FAP Turbo
Forex MegaDroid
Forex Espionage
Forest Derivative
Euro Blaster
M5G Cybrog
Lerosa FX
Forex Humanoid
Forex Cyclone
Forex Accumulator
Cardinal FX
Forex Typhoon
All these robots worked under Expert Advisor. Many features are used for Forex EA. The users can enjoy it at most of the time when their money is safe in cash. By setting the reboot you can have risk free business.
By using Forex ea you can have easy Forex trade like:
Forex ea / manuals are easy and simple to use.
Forex ea is successful in big or small Forex accounts.
Forex ea is easy to start after getting it.
Forex ea is also good for the new users as its technical support is available at any time.
Forex ea provides full control, self adjustment and self training function. Very often the opening of orders is done by using one or several of the following indications:
ADX - Average Directional Movement Index
STOCH - Stochastic Oscillator
MA Moving Average
BANDS Bollinger Band
RSI Relative Strength Index
MACD
Parabolic SAR
It is a three layer neural network and opening positions are distinct on the following four times frames.
For 4 Hours H4
For Daily D1
Weekly W1
Monthly NM
For the closing of orders also four factors are used:
Stop Loss Value the size used are from ninety pips to one hundred and fifty pips.
Take Profit Value the size used are from three hundred pips to one thousand pips.
Trailing Stop Value which moves the stop loss level upwards when trades are moving into the right direction, and therefore securing the funds already earned.
The Special Condition indicators and mathematical conditions are used for calculations
The Forex ea are unique and have to pass the testing and optimizations on each eight systems. It works as bridge of the gap between physical and automatic trading. With Forex ea the users can trade with high confidence. The best quality is it gives the best stricture with quality time frames. It works as assistant to the users in different ways to provide the profitability. Forex ea provides indicators like volume and price.
You can buy Forex ea with the help of different ways of payments like:
VISA
MasterCard
DISCOVER
DELTA
SOLO
AMERICAN EXPRESS
EUROCARD MARSTER CARD
DUINNERS CLUB INTERNATION
PAYPAL
The most common Forex ea currency pairs are:
Euro and US Dollars are accepted.
USD & JPY are accepted
USD & CHF are accepted
GBP & USD are accepted
USD & CAD are accepted
AUD & USD are accepted
To learn more about automated forex trading check out the Forex EA blog.