Trading in the forex market, a trader can face the problem of precise execution of their trading system . This can happen for several reasons:
- Banal lack of time. For intraday intervals (but not below tridtsatiminutok) should periodically monitor the market. But a matter of urgency, or even work - and that's half a day trader misses important signals input.
- Too fast movements of the forex market. This is typical for small timeframes. While the trader set all orders, the market has time to make a motion, sharp pyatiminutok for example.
- Emotions or inattention. Inaccuracies in the performance of the signals at the input / output errors in the stop-loss and take-profit ... In general, the human factor.
All this can be corrected by using expert advisors. Advisor - is a program that incorporates a clear sequence of execution of orders and transactions. They work much faster than a human, at times more accurate and do not require constant human control - easy sell themselves. Trading robot can make inadequate transaction only if the engine failure.
To determine if you need an expert to trade in the forex market or not, look at their strengths and weaknesses, here are some reviews - Forex Investor net . Among the positive qualities of trading robots emit:
- The program does not require the presence of a person, it will do exactly the algorithm. Advisor can work with the clock, giving you the opportunity to rest and earn.
- When the adviser is no slippage. The robot sends the order automatically, so the transaction will be made clear on forex trading strategy. Thanks to the accuracy of input gain will definitely be higher than with manual execution of the same transactions.
- Improve the robot is much easier than the manual strategy. Rewrite the code in the EA - something ingenuous, and change brought to automatism "manual" strategy is difficult, it requires a lot of practice.
Negative aspects of working with advisors are:
- Trade Expert can flexibly examine and consider the Forex market. All it does - responds to signals indicators . Automatism replaces depth analysis. The human brain is in a better position in this case.
- There are technical risks, such as the failure of the program, power outages and more. There may be difficult situations, which would inevitably lead to losses. It is recommended to have just in case more than one Internet connection and uninterrupted power supply.
- The counselor should be considered extreme situations, such as very sharp price movements. Trading robot will close the position until there is a signal to the indicator. But, unfortunately, the indicators are not as reliable as we would like.
Automated Forex trading - a step into the future. As in other areas of work to the black car - and with great success. Main thing - to devote sufficient time developing a trading system and trading advisor based, not to put unfinished sample trade for real money - will merge and will not notice!
- Banal lack of time. For intraday intervals (but not below tridtsatiminutok) should periodically monitor the market. But a matter of urgency, or even work - and that's half a day trader misses important signals input.
- Too fast movements of the forex market. This is typical for small timeframes. While the trader set all orders, the market has time to make a motion, sharp pyatiminutok for example.
- Emotions or inattention. Inaccuracies in the performance of the signals at the input / output errors in the stop-loss and take-profit ... In general, the human factor.
All this can be corrected by using expert advisors. Advisor - is a program that incorporates a clear sequence of execution of orders and transactions. They work much faster than a human, at times more accurate and do not require constant human control - easy sell themselves. Trading robot can make inadequate transaction only if the engine failure.
To determine if you need an expert to trade in the forex market or not, look at their strengths and weaknesses, here are some reviews - Forex Investor net . Among the positive qualities of trading robots emit:
- The program does not require the presence of a person, it will do exactly the algorithm. Advisor can work with the clock, giving you the opportunity to rest and earn.
- When the adviser is no slippage. The robot sends the order automatically, so the transaction will be made clear on forex trading strategy. Thanks to the accuracy of input gain will definitely be higher than with manual execution of the same transactions.
- Improve the robot is much easier than the manual strategy. Rewrite the code in the EA - something ingenuous, and change brought to automatism "manual" strategy is difficult, it requires a lot of practice.
Negative aspects of working with advisors are:
- Trade Expert can flexibly examine and consider the Forex market. All it does - responds to signals indicators . Automatism replaces depth analysis. The human brain is in a better position in this case.
- There are technical risks, such as the failure of the program, power outages and more. There may be difficult situations, which would inevitably lead to losses. It is recommended to have just in case more than one Internet connection and uninterrupted power supply.
- The counselor should be considered extreme situations, such as very sharp price movements. Trading robot will close the position until there is a signal to the indicator. But, unfortunately, the indicators are not as reliable as we would like.
Automated Forex trading - a step into the future. As in other areas of work to the black car - and with great success. Main thing - to devote sufficient time developing a trading system and trading advisor based, not to put unfinished sample trade for real money - will merge and will not notice!