Autotrade - currency pairs vs signal provider
Hi All,
I try to add signal provider for autotrading. I noticed that we can see different currency pairs and then select/add that currency trader into portfolio for autotrading.
Meanwhile, this only add that signal provider for that currency pair? Or we will receive any currency pair from the same provider?
I find it very troublesome if i want to follow all trade signal from a signal provider that trade multiple pairs. I will have to find all the pairs that he/she trade and one by one adding them to my autotrade portfolio. Is there an option to follow signal provider instead of only by currency pair that provider trade?
hmm i think this question is ansred in other thread already ..
you will see all good explained ans
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I think auto trading is done on the basis of programming the way EA has been programmed and I am not aware if any signal provider can be added to the same with some kind of setting or not. Please let me know if it is possible or not.
hi, I'm signal provider, and you need choose currencies one by one, is better if you ask signal provider what are the currencies that trade...
Originally posted by mrinaliniI think auto trading is done on the basis of programming the way EA has been programmed and I am not aware if any signal provider can be added to the same with some kind of setting or not. Please let me know if it is possible or not.
It really depends the way a EA has been programmed and if it has a certain kind of setting that will allow to add a signal provider and then it would trade accordingly .
I think we should not rely solely on the signals, but they must be compared with the results of our own analyzes. So my advice is to search only the signals, concerning currencies that we master well.
Originally posted by FXlordI think we should not rely solely on the signals, but they must be compared with the results of our own analyzes. So my advice is to search only the signals, concerning currencies that we master well.
Thats a good idea. It will help us in improving our trading skills.
The good or ill of a man lies within his own will. – Epictetus
Originally posted by FXlordI think we should not rely solely on the signals, but they must be compared with the results of our own analyzes. So my advice is to search only the signals, concerning currencies that we master well.
Yes it is always better not to follow the signals blindly and one can always form them as the basis and compare them with their own analysis and study and then trade on the basis of that.
If we can lean all that required to trade in this market than there is no one who can mange our portfolio better than us. Some people like to trade with copying other of with signal providers i beleive that this is not a healthy way of getting profit we must trade at our own, but its a good option for those who cannot give proper time to trading.
Game is not over Till it's Over
There are many signal provider but i think we have to see them properly and use them on the correct time so that we can able to take one good decision and can make a good amount of profit.
We can do autotrading with fxstat and they are really good in that actually they are expert and we can increase our profit with them just do hard work to achieve success.