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.
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In the Forex Market spread is called the difference between the sell price and the buy price.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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At the request of our users, we have added a News Filter to Forex Diamond EA. Many of our users prefer to avoid trading during high-impact news events. The new version 5.0 of Forex Diamond EA includes also: Visual Risk Level indication, New image logo and colors.
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One of the biggest enemies of the trader is the human nature. The so called “greed-panic” cycle is a psychological phenomenon which lies at the heart of most failures from the time markets and trading started to exist. It is interesting that this phenomenon is one of the reasons why many people fail to gain profit even when trading with a reliable trading system that is profitable in the long run.
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How to be a successful forex trader using Forex Expert Advisors - PART 2
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How to be a successful forex trader using Forex Expert Advisors - PART 1
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Before installing Forex Diamond on your computer and starting to trade on a Real-Money account, please read this carefully in Forex Diamond EA official website – your future profits could depend on it.
Due to inconsistent price action (choppy market) on the USDJPY currency pair, we have decided to cancel operation on this currency pair on our real money accounts. This is a temporary solution until we either develop new settings, or the USDJPY normalizes its price action.
[...]Disclaimer U.S. Government Required Disclaimer – Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Clearly understand this: Information contained within this course is not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
*CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
By using FXAutomater's products, you acknowledge that you are familiar with these risks and that you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever for any direct or consequential loss arising from the use of this product. It's to be noted carefully in this respect, that past results are not necessarily indicative of future performance.
