Is there anything like a best trading strategy?

[Jastinross]

I think not all platforms are compatible with EAs. should check on that too.

That is so true. Use MT4, it’s good with most scripts. Almost all the eas are coded with C language and work well on MT4. Algo trading is the way to go!

 

[Mirthsmith]

That is so true. Use MT4, it’s good with most scripts. Almost all the eas are coded with C language and work well on MT4. Algo trading is the way to go!

I have been using ActTrader and find it equally compliant with plugins. I have used them on two sites till now: Avatrade and fxview, and with both I have not had any issues using EA on acttrader.

 

[Henrique]

Best strategy is the one that makes constant money, which is none. So be vigilant on what’s happening in the market and according to that keep working or modifying your trading strategy.

 

[Truckmorrisanathoy]

Use demo accounts to find out a profitable strategy for yourself. Different strokes for different folks.

 

[Nealeliff]

As far as market entry and exit goes, use indicators to look at the overbought or sold phase and accordingly enter the market. Exit always as per the stop loss level that would be pre decided. If emotions come in your way, use EAs.

Which indicators are you using?

 

[Jastinross]

Which indicators are you using?

Research on your own bud, master the practice of 2 leading and 2 lagging indicators, that’ll be enough.

 

[murray t turtle]

" I bought a violin and took some lessons, when can I expect to play at Carnegie Hall?...any special techniques or tunings to speed the process?"

%%
Good question. YES but my musical skill excells @''playing the radio''LOL.
Rule of 72 may include working 6x12 hours a day/72 hours a week.
Monthly/old\ patterns may help.
I enjoyed the Andrew Carnegie book with pictures. He liked libraries, hated labor unions, + actually funded many of them[libraries, not labor unions]...............................................................................................................

 

[Johannab]

Which indicators are you using?

I’m experimenting with bollinger bands for now, I always use MT4, currently playing around with few new indicators on fxview’s demo, otherwise I generally stick to RSI and have used them across a range of brokers - IG, XM, CMC Markets, ATrade, but always on MT4.

 

[Truckmorrisanathoy]

I’m experimenting with bollinger bands for now, I always use MT4, currently playing around with few new indicators on fxview’s demo, otherwise I generally stick to RSI and have used them across a range of brokers - IG, XM, CMC Markets, ATrade, but always on MT4.

It’s good to try out new things in trading, that is key to growing as a trader.

 

[Henrique]

It’s good to try out new things in trading, that is key to growing as a trader.

Yes, no one else can tell what strategy will work for which trader. And there’s definitely no need to waste time understanding all the different tools of trading. It is better to know fully well the functioning and workings of a few.