spots the swings and changes the color of the candles to help the trend trader spot the right entry for his trade. Here are some of the reasons other Forex Expert Advisors (EAs or robots) didn't work for me and won't work for you: Other Forex robots curve fit their back tests.
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Literally set it, forget it, earn. The ratio between StopLoss and TakeProfit is also used to calculate the opposite hedging trades. That day is today, except I'm no hot shot investment banker. So if the EA starts a grid trading and the trader closes the MetaTrader trading terminal, theres a chance that the EA wont do anything after restart. Conclusion, i hope that from todays lesson you can clearly see the importance of wider stop losses over tight ones. C, cable, forex traders use the term cable when talking about the currency pair.
This will be accomplished by the trend nonlagma detector and it can be based on the indicators color (blacksell, whitebuy the price position regarding the nonlagma trend indicator (price above buy, price below sell) or both of these criteria. The trader has the option to set the timeframe of the Donchian channel and to choose whether the channel will be drawn based on the highs and lows of the candles or their open and close. When the Heiken Ashi candles change their color from down (red) to up (green) the EA will open a long trade; opposite happens for short trades.