I hope you know that there’s a considerable difference between the trading results and the hypothetical performance.
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I just got a margin call from my broker, for the second time! I’m thinking now if it’s really that b
- Thread starter Saivarshinee
- Start date
I’d suggest you to download the automated EA program of MT4/5 and try it on the demo accounts first.Can you suggest brokers having good EA generators? I would rather want to generate an EA program of my own according to my preferred parameters.
I pair it up with other indicators and technical analysis like the support and resistance areas and candlestick chart patterns. This gives me an idea about the potential market reversals.Any idea on the correct MACD setting?
Any idea on the correct MACD setting?
Can anyone here help me by suggesting how I could read the MACD signal?
Understanding that forex is a lot of work with market analysis and risk management strategies and techniques, the fully automated trading system or EA along with saving the effort, blinds a trader of important knowledge. It is always better to learn everything manual and then resort to algo trading.I’d suggest you to download the automated EA program of MT4/5 and try it on the demo accounts first.
The burden of stop loss is unavoidable, but with EA, at least you won’t have to worry about the losses since it automatically puts the stop-loss on your trades.