Eur/USD specialist.
Developer of this EA claims that he has put his entire strategy of trading eur/usd into this EA. It is still in development phase and requires optimization. So you might need to change settings and see results.
Stick to your rules
Thx for sharing. I will try to test it on demo.
I dun understand the purpose of specialist EAs. I mean why cant they be applied to other volatile pairs.
Originally posted by ChampI dun understand the purpose of specialist EAs. I mean why cant they be applied to other volatile pairs.
Sometimes a strategy generates better results on selective pairs. I also do not understand why a technical analysis, working for one pair, cannot work for other pairs.
Originally posted by Sasha
Originally posted by Champ
I dun understand the purpose of specialist EAs. I mean why cant they be applied to other volatile pairs.
Sometimes a strategy generates better results on selective pairs. I also do not understand why a technical analysis, working for one pair, cannot work for other pairs.
Yes. Because MAs will always be MAs. Fibonacci will always be fibonacci. Currency pair doesnt matter. Having a specialist EA means that there is some error in it and EA is only being lucky for a pair. It is like 1 + 1 = 2 for eur/usd but 1 + 1 = 3 for other pairs. Technical analysis is mathematics and statistics which is purely based on logics. Incase of specialist EAs, logics r wrong.
Another factor counts when using techical analysis. This factor is volatility. But it will only have an affect when volatility difference is BIG. Incase of Majors, it is not really big especially when u go for pairs like, eur/usd, gbp/usd or eur/gbp etc.
I have not tried any specialist signal or EA service. So cant say if they really work or not.
Thx for sharing this EA with us.
The good or ill of a man lies within his own will. – Epictetus