Best Forex EAs - Learn About the Most Profitable and Consistent Forex Trading Bots

Thursday, January 27, 2011




If you are in the trading industry, you may have heard of trading Expert Advisors a lot. These are sometimes referred to as EAs. There are many companies that provide you with an EA. But what is a trading EA? This is simply a trading platform, which will render your trading process automatically. The whole system is drafted according to some preferences and indicators.





But nowadays we hear a lot about the EA's failures and drawbacks. What really is the problem? Now you know that an EA works based on an indicator. What will it happen when an indicator is not working properly? Many indicators are found lagging and this will affect the total performance of your EA. When it is trending time, you may find that all of those indicators are working properly and EA does your trading quiet well. But when it is ranging time, most of the indicators fails. This can create problems with EAs as well.





Now that you had found out the root cause of the failure of EAs, let us discuss what we can do to tackle it. Indicators have to be blamed for the poor performance of EAs. What is the solution for this? The answer is that simple. You have to find an EA that does not use an indicator. But it is not the easiest job to find such an EA. There are many reasons for this. Most of us do not know how to find an EA that do not use these indicators.





This can be done with the help of a professional. Otherwise, you can do this yourself, if you are having an appetite for software related things. First thing that you have to do is to search for Correlation Triangle EA or Correlated Hedge EA. When the results appear, read the description. There they will tell you the formula they used to make the particular EA. You can find out that these Correlated Hedge or Correlation Triangle EA does not use any indicators.


0 comments:

Post a Comment

  © Blogger template The Professional Template II by Ourblogtemplates.com 2009

Back to TOP