Do EAs take into account the real indicators?
Posts: 939
Member since: 21/04/2011
It is possible that EAs statistically analyze the data and interpret it. But do they take into account the real financial changes in countries i.e indicators given in the news section of some forex trading softwares.
Stick to your rules
Posts: 734
Member since: 22/04/2011
I dont think so unless someone develop the indicator value himself and integrate into EA.
The good or ill of a man lies within his own will. – Epictetus
Posts: 29
Member since: 09/05/2011
EAs are becoming an essential tool for novice and intermediate traders. The sudden changes in market do not happen frequently. Most of the time market flow is predictable by EAs. So the best EA is the one that can trade profitably by loosing minimum. You cannot make a perfect EA. You question about the integration of real indicators looks somewhat possible. Professional EA makers are thinking about improving EAs by taking into account maximum factors. In this era of technology it is not impossible.
Bee There is no term like "sufficient money". So aim for a satisfied life.
Posts: 734
Member since: 22/04/2011
Do you recommend any EA?
The good or ill of a man lies within his own will. – Epictetus
Posts: 29
Member since: 09/05/2011
Even with the best EAs in market, you cannot trust totally on automatic trading. You must have some skills so that you can do a mix of manual and EA trading. Do not depend totally on an EA.
Bee There is no term like "sufficient money". So aim for a satisfied life.
Posts: 561
Member since: 21/04/2011
Originally posted by BeeEAs are becoming an essential tool for novice and intermediate traders. The sudden changes in market do not happen frequently. Most of the time market flow is predictable by EAs. So the best EA is the one that can trade profitably by loosing minimum. You cannot make a perfect EA. You question about the integration of real indicators looks somewhat possible. Professional EA makers are thinking about improving EAs by taking into account maximum factors. In this era of technology it is not impossible.
The beginners like me are waiting. Hey forex and programming experts. When are you going to make it for us.
Posts: 836
Member since: 16/05/2011
Performance shown by users on fxstat using EAs is good. Most of them say that they have developed their EAs themselves. Why some EA companies who are spending thousands of dollars on advertisement are not able to develop good EAs that can produce better results than these self-made EAs?
Posts: 711
Member since: 17/05/2011
Originally posted by uniquetraderIt is possible that EAs statistically analyze the data and interpret it. But do they take into account the real financial changes in countries i.e indicators given in the news section of some forex trading softwares.
Actually it depends on the structure of EA. How it is made. If it is based purely on technical indicators then real indicators (fundamental) are not taken into account. But good EAs do take into account all factors.
Posts: 513
Member since: 08/02/2011
i cant understant the real thought of the topic may be my english is not enogh good
but but what i understant is that you are taking about some ea/s that work on news and the data or you are taking about the price action of the currency pair and its changes.
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