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Do EAs take into account the real indicators?

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Apr 24, 2011 04:44 pm
#1

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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

May 07, 2011 02:27 pm
ironical User

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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

May 09, 2011 04:56 pm
Bee User

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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.

May 10, 2011 04:38 am
ironical User

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Do you recommend any EA?

The good or ill of a man lies within his own will. – Epictetus

May 11, 2011 02:42 pm
Bee User

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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.

May 14, 2011 05:11 am
illiterate User

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Originally posted by Bee

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.



The beginners like me are waiting. Hey forex and programming experts. When are you going to make it for us.[devil]

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May 21, 2011 08:22 am
Sasha User

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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?

Aug 12, 2011 05:22 pm
Champ User

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Originally posted by uniquetrader

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.



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.

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Sep 02, 2011 05:06 pm

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i cant understant the real thought of the topic may be my english is not enogh good 

[sick]

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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