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Did you hear the phrase like “Money never sleeps”? Do you know what it means? I am sure you do. Money is sleepless. Money is soulless. Well, money has no rest… But you have.
Have you ever tried not to fall asleep in hours? In days? What happens with your attention? That’s right. If you’re not sleeping for few days, your attention is lower than ever. You can’t even focus on reading… What can you say about trading currencies in these conditions!
Do you know what prejudice is? It’s like you hear that someone said that something is like that. This thought is always with you from that moment and you can rate something even without testing it – just believing what other people say. In some way, it’s good. But sometimes, prejudice can leave you without many interesting and needful things in your life… Let’s talk about prejudice before Forex Expert Advisor today.
I am sure you already heard about Expert Advisors, also known as Forex Expert Advisors orMetatrader Expert Advisors that are helping you with your trades in the most powerful way.
Forex market is fast, open 24 hours, which mean you can make higher profits than on any other market. So far, so good, but a human cannot watch the market 24 hours with a high level of concentration. At least I don’t know one trader who can.
Metatrader Expert Advisors Can be Used To:
Execute trades according to programmed trade logic
Place stop and take profit orders
Close trades according to programmed trade logic
Handle money management according to programmed logic
Main Advantage from Metatrader Expert Advisors
Metatrader Expert Advisors allows you to plan the trade and trade the plan. Hands free! Emotion free!
Sounds promising? Well, there is a hook.
Traders who are participating on the foreign exchange market are humans and do not follow a fixed logic which means currency trading systems and Metatrader Expert Advisors with fixed logic work only during certain market periods and will fail during other periods.
You Will Win. You Will Lose.
When you use Metatrader Expert Addvisors based on fixed logic, you will make profits during periods the system is optimized for and will face losses and draw downs during all other market periods.
As the Forex market is known as a market what tends to trend a trend following system is most likely the best choice when choosing a mechanical system. In combination with solid money management and low risk per single trade you have good chances to make some profits.
Sounds already not more so exiting, right?
Intelligent and Auto Adaptive Metatrader Expert Advisors are the Key
As the foreign exchange market is a very dynamic market it is required that the Metatrader Expert Advisor you use for trading, recognize market conditions itself and adapt itself to changes accordingly.
I know what you would ask me now. Your question will sound like “Where should I get such a Forex Expert Advisor?”
Relax, you are already on the right place. All Forex systems we offer recognize market conditions like trend, range, volatility, volume and many more factors itself, analyze changes and adapt itself.
A very good example is the Metatrader Expert Advisor EA Sigma. Besides technical analyzes including pattern and inter market analyzes. Sigma recognizes changes in the market conditions fast and with high accuracy. When changes are determined artificial neuronal networks are used to adapt all trading parameters accordingly.
The result is a Metatrader Expert Advisor which performs whatever the market is doing. But don’t take my word only, take a closer look to the actual forward trading results from the EA Sigma. You will be impressed.