This is mainly because they don’t have good tested trading strategy. On the other hand having a strategy, means that you have clear rules about every market situation. And when the rules are clear this trading system can be automated. Automatic build forex system are many advantages for the automated systems like – 24 hours trading, reaction speed,monitoring huge numbers of financial instruments in different timeframes, the ability to backtest the system and many others.
Automating a trading system is difficult because it requires program skills which most of the traders don’t have. With this Expert Advisor builder such skills are no longer needed. In our big experience creating automated trading systems, we have found that usually simple things work. With every rule you add , you optimize your results in the past, but this will give you worst results in the future. So our advice is – keep things simple. Now lets create simple trading system for example. This basically means this if the pre previous value of RSI is less than 30 and previous bar is closed with value for RSI over 30 , we have our open long condition.
We skip Close buy and Close Sell and go directly to Settings tab. We want advanced MM so we check that option. Now we go to the last tab and press the Generate button. Now all we need is to copy the code and paste it in the MQL Editor, compile it and start using it. Ichimoku Power EA Trade Forex with the POWER of an automated Ichimoku Trading System!
The REAL Ichimoku EA for Metatrader 4! Whether you trader Forex, Stocks, Gold, Futures, etc The Ichimoku Kinko Hyo strategy can be effective in your trade plan. You can either use this Ichimoku EA for signal alerts, or automated entries, the choice is yours. When in an automated environment, you limit the emotional faction, naturally increasing your chances of profit!