Please forward this error screen to 67. For forex or stocks, options, and latest headline news, click on the market name. The RobotFX Grid X was designed not only to open a determined set of grid trades, following the classic forex grid trading strategy, but also to detect the trend, the trade entries and to hedge.
Besides the advanced grid trading capabilities, the Grid X expert advisor can be set to follow the trend and enter a precise moment. EA will follow it by simply allowing long trades only when the price is above it, or short trades if the price oscillates below the moving average. The RobotFX Heiken Ashi expert advisor is an all-in-one trading solution for traders trading with the trend. Heiken Ashi EA can be allowed to trade by simply following the Heiken Ashi signals on the current timeframe. Heiken Ashi candles or any other values can be chosen for the Heiken Ashi’s moving averages length, type, shift etc. Heiken Ashi used to detect the trend. Heiken Ashi candle color on the respective timeframe.
This Metatrader expert advisor is very similar to the Fluid expert advisor by the fact that its main functions are the same. To trade using the expert advisor as it was designed to do, the trader must first choose an option for the EA to establish the trend. This Metatrader indicator was designed to help trend traders trading with the trend. The indicator also spots the swings and changes the color of the candles to help the trend trader spot the right entry for his trade. The Trend Trader indicator can be used for both identifying the trend as well as the trading and managing opened trades. Stochastic oscillator to confirm the trade entries.
The MACD EA is easy to set up and use, as it can be seen from its settings below. The trader can choose any other values depending on the traded pair. The trading signals are based on the intersection of the MACD’s signal line and the main line. Following the trend, the EA sells when the MACD main line drops below the signal line and it buys when the main crosses the signal, up.
The stop-loss and the take-profit are set immediately after the trade is opened, making this expert advisor compatible with the ECN brokers. MACD raised above the signal line and the Stochastic was oversold, and managed to close one by trailing stop and the other two at take profit. The Trailing Stop expert advisor has been created to help traders manage winning trades and baskets of trades, by trailing the price once it goes in the trader’s favor. The main idea that led to this Trailing Stop EA was that many traders are not so good at managing winning trades. The Trailing Stop expert advisor can trail the price of a winning trade by using a multitude of options.
The RobotFX Trailing Stop expert advisor will eliminate those frustrating situations when you close a trade earlier than you should and the price continues to go in your favor, or when you wait for to long and the price reverses, so your winning trade becomes a losing trade. The Donchian Channel MTF indicator can display the Donchian channel for any given time-frame which is higher or equal to the current timeframe. The trader has the option to set the timeframe of the Donchian channel and to choose whether the channel will be drawn based on the highs and lows of the candles or their open and close. These forex trading robots are designed to trade forex automatically, without the trader’s intervention. When choosing a FX EA trading robot it is important to understand how the fx robot trades, how it opens a trade and manages the opened forex trades. Forex trading strategyA forex strategy represents a set of analyses that a forex trader uses to determine whether to buy or sell a currency pair at any given time. Successful forex trading strategies can be based on technical analysis charting tools or fundamental, news-based events.
This includes all aspects of buying, selling and exchanging currencies at current or determined prices. Forex has been in existence since the 70’s of the XX century. It is a fast-growing and one of the most heavily traded markets in the world. A currency trading broker, also known as a retail forex broker, or forex broker, handles a very small portion of the volume of the overall foreign exchange market. Currency traders use these FX brokers to access the 24-hour currency market.
The term «currency trading» can mean different things. If you want to learn about how to save time and money on foreign payments and currency transfers, visit XE Money Transfer. XE does not offer speculative forex trading, nor do we recommend any firms that offer this service. These articles are provided for general information only.
How Forex Works The currency exchange rate is the rate at which one currency can be exchanged for another. Exchange rates fluctuate based on economic factors like inflation, industrial production and geopolitical events. These factors will influence whether you buy or sell a currency pair. USD rate represents the number of US Dollars one Euro can purchase.