FXautomater ® BLOG
Each brokerage companies has its own GMT offset (the difference in hours between GMT +0). We use the MetaTrader 4 terminal provided from them and we should comply with their GMT offsets. Many forex robots are GMT dependant. They need correct GMT offset to trade properly and show good results.
Most of the forex robots (expert advisors) have some time restrictions in their trading strategies (algorithms). This is required because the foreign exchange markets around the world open and close at different time. Because of that it is important for WallStreet Forex Robot 2.0 Evolution, WallStreet Recovery Pro Evo and Wallstreet ASIA Evo to set the correct GMT Offset.
To start explaining the whole process of avoiding weekend gaps usgin our Expert Advisors (forex robots) we would like to give you some information about what are gaps. Gaps occur when there are technical factors or fundamental in the Forex Market. These factors may lead the market to open at a higher or at a lower price than the closed price on Friday. The gap size could be from a few pips to hundreds pips.
Forex robots (called also expert advisors) trade according to predefined trading algorithms and complex mathematical calculations. They trade and make profit for the forex traders. But depending on the current market conditions each robot may have some bad periods and make some losing trades. This is absolutely normal and forex traders should not worry about this at all. Our forex robots WallStreet Forex Robot 2.0 Evolution and WallStreet ASIA Evo have integrated recovery system.
We would like to inform you that a new version of WallStreet 2.0 Evolution is available for downloading in the member area. The new version is 1.1. Bonus robots WallStreet ASIA Evo and WallStreet Recovery PRO Evo are also updated. We've fixed several small issues and added some new features.
MT4 terminal history data must be always up to date before to start testing a new expert advisor (forex robot). History data contains very important information about the ticks in the past years. Therefor it is so important to have up to date history data. Only this way the Strategy tester can test an expert advisor properly and show accurate results.
We would like to inform you about the start of our Summer Special Offer 2016! All our forex robots are discounted with $80 from the regular prices. Below you can find the list of our products.
In the Forex Market spread is called the difference between the sell price and the buy price.
We are glad to inform you that we have released a new version of Forex Trend Detector which is also compatible with Mac OS. We do our best to improve, optimize and make our forex robots compatible with all brokers, account types and operating systems such as Windows OS and Mac OS.
The difference between the expected price of a trade and the price the trade actually executes at. The main reasons for slippage are Forex Market volatility and execution speeds.
Forex Robot (called also Forex Expert Advisor) is an automated trading software. Forex robots allow you to trade automatically on the popular Forex market (currency exchange market). Forex robots (expert advisors) are very popular among forex traders because they give them a freedom – forex robots can trade 24 hours per day and 5 days a week - the forex market is open from Monday till Friday.
There are new settings for Volatility Factor EA which can be used for trading on GBPCAD currency pair. Thanks to these new settings Volatility Factor EA shows good performance on GBPCAD.
Forex is abbreviated from Foreign Exchange Market (currency market). This market is one of the biggest markets around the world. Forex is a global trading market, which participants are large international banks, institutional investors, funds and speculators. The daily turnover in the foreign exchange market exceeds the amount of 4 trillion US dollars and it is continuously growing.
We would like to inform you that there is a new update for Volatility Factor EA. Version 7.1 of Volatility Factor EA is just released and available for downloading in the member area on official website. Now you can use the robot to trade on unsupported currency pairs.
Our WallStreet Forex Robot is the most popular automated trading system (EA) in the world according to the Myfxbook.com ranking. It is the only EA in the world with 5 year old fully verified REAL MONEY account on more than 600% gain.