This forex online EA fixs two points and multiply hedges between them
The hedge range is configurable – anchor 200-300.
The increase factor xFactor is a risk parameter – 1.5-1.8 – the higher the value the higher the risk.
Risk can be further managed in the situation where conflicting positions are opened, (never good) by an assessment of the future trend and manually closing the offending one…
Some forex brokers will consider this scalping behaviour – a common problem with the best-looking robots and their forex trading methods, why do you think they’re onto it…
Download: hedging
A grasp of the intricacies of SMA versus EMA in online forex trading perhaps isn’t as critical as it is in stocks, but nevertheless it’s worth taking the time to understand what’s going on, maybe not the mathematics, but if you’re going to live with the best forex brokers it all starts here with the basics:
Read the rest of this entry »
If you were thinking of a demonstration of forex strategies, here’s a simple one
“what goes up must come down”
- and who’s to say this isn’t as valid a way of looking at it as any more complicated method of forex trading…
Read the rest of this entry »
The aspiration of most people when they begin forex trading is to make it into a simple meat and potatoes operation – and trouble is, it’s probably never going to be that simple – as they tend to find out as they get further into their career.
Moving Average Convergence / Divergence is a measure of the difference between slow (long-period) and fast (short-period) exponential moving averages – EMAs – of currency pair. Because of its basis on moving averages MACD is classified as being a lagging indicator.
The fun lies in the tweaking of the parameters – starting with the standard set – 12,26,9 which fast EMA = 12 -period, slow EMA = 26 -period and 9 = signal line period – this parameter set is commonly used in stocks, but then trading forex isn’t the same thing as trading stocks. There’s a lot of scope for testing here, and a lot of literature out there on the web on this subject.
One of the tried and tested tips here is to get a toolbox of indicators for forex trading that you can trust – nothing too large and unwieldy – the mistake is often to try to follow a vast number of indicators, rather than learn the behavior of a small number of forex indicators accurately. MACD.
Download mq4 EA: MACD_var.zip
It’s what a forex practice account was made for – the ability to test EAs or forex robots with real data when positions may be modulated progressively against risk.
Martingale is essentially a double or quits strategy – and applies to any either/or, win/losegame such as tossing a coin for heads or tails. If, every time you lose, you double your bet, at some point you’ll win and recoup all previous losses, or so the theory goes.
Read the rest of this entry »
