Trading software in forex

The only difference from the previous Expert Advisor version is that separate input parameters are used for each of the trading symbols. The current version features 11 sets of parameters, while the previous EA had only one set. For each of the sets, you can add a symbol name which you want to use in testing. Despite the fact that this is still a software in trading forex cross-platform EA, it can be tested and optimized only in MetaTrader 5. MetaTrader 4 does not support testing on multiple instruments. Moreover, it does not allow testing one symbol if it differs from the currently launched instrument.

Nevertheless, multicurrency Expert Advisors, including the one developed within this article can run in MetaTrader 4.

The optimization will be performed in mode Every tick based on real ticks.

Trading software in forex Course.

Testing results are evaluated based on balance and recovery factor. In the previous article, the EA was tested in a 5-year period. As mentioned above, by reducing the interval we can select the most optimal EA parameters which suit the current price movement nature. But if you reduce the testing interval, make sure to re-optimize EA parameters from time to time.

For example, you may re-optimize EA settings every month if optimization is performed on a 1-year period. A lot of time has passed since the publication of the previous article. This time was required to test the grid EA on uob robo trade a real account. During this time, one account deposit forex expert advisor scalper was completely trading software in forex lost, the second account is almost lost, trading while software in forex on the third account the EA managed to double the deposit and then lost all the profit. Due to such discouraging results, I added new rules, which we will follow when optimizing the Expert Advisor within this article. The lost account and the one which has almost been lost were opened for stock exchange trading. Here the problem trading software does in forex not concern the trading system as a trading software in forex whole, but it concerns the margin level required to maintain open positions.

In practice, it turned out that a large chain of positions is unacceptable for the stock market. Due to a small leverage, which is usually trading software in forex available in the stock market, a substantial amount is frozen on the account when opening and maintaining a position. After the fifth position in the unfavorable direction, the balance is not enough to open new positions. In this case the Expert Advisor is no trading software in forex longer able to trade according to the underlying algorithm. It cannot open new positions and even cannot close exiting positions by stop loss, trading software in forex because the chain has not reached the maximum possible step. Because of this feature and trading software in forex the fall of Intel shares, the first account was lost.

On the second account, which also worked on the stock market, the maximum chain of positions for one instrument was limited to 4. But event this seems to be a lot, and if Nike shares go even higher, it will also be lost, because margin is not enough to open new positions and complete the chain. What would happen, if margin was enough for the correct operation of the EA? This can be checked on another account; its signal trading software is in forex available at this link. At first, a profit of $400 was received on this account, but over the last month only $140 of profit was left. As for trading software in forex a signal in the Forex market, it performed well until a strong movement in infinity trendline ea one of the instruments began and 100% of profit earned for 15 trading days was lost.

Trading software in forex The.

The EA used floating stop-levels when trading this instrument. It means that additional positions for trading software the in forex symbol were opened not in fixed levels but depending in the price behavior. The idea seemed good, but then a movement began with almost no rollbacks, during which the whole profit was lost. As a thunderbolt forex trading system result, the following rules have been added to our tests. Firstly, trading is only performed in the Forex market , in which large leverage can be used, which means you can open a larger number of positions with a limited balance.

Besides, the maximum number of software trading in forex open positions in the chain is 2. That is, if the price reaches the level at which opening of the 3 positions in the chain is needed, the EA will close all open positions in the chain instead.