Pls Which Of These Will You Guys Recommend In Tradering
i prefer indicaotors alwasy good for trading
Hi. I prefer indicators over forex robots. The indicators will help you seethe trend the forexmarket is going to, but with forex robots, they work by themselves without needing your interference in trading.
Yes Dear! Use Higher time frame Like H1 & H4 for trading, use the indicator that you feel comfortable with and simple.
good indicators are more safe. robots need for 1 month testing on demo before you trust money to them
I use support & resistance manual tools, specifically a foundation with Fibonacci. Recently added Gann SQ9 levels, and Murrey Math.
Then there are a few indicators used as "accessories".
Not all traders can trade manually. Since I haven't seen a robot (EA) that works on all markets for a period of one year or more, I am naturally skeptical. I'm sure some exist, but why would they be available for a couple hundred dollars?
Most banks or hedge funds have expensive programs that they keep to themselves.
If you insist on analyzing robots, at least go to a reputable review site. One of the largest, with a good reputation is Forex Peace Army.
I believe that eventually, there will be more exit robots available. This means the trader would enter manually and have a handful of exit robots to choose from in his toolbox. Conversely, there should be entry robots. This is called semi-automatic. I'm always curious as to why developers haven't been able to have an option to just use one aspect of their robot.
A new breed of robots will emerge that uses neural net/artificial intelligence. This means they can assess the changing market conditions, and self-adjust.