Overview
Trading in the Forex market is a very lucrative Trading business and every trader wants to find a way to make a steady profit. Therefore, most traders consider configuring EA Forex for trading as the best way to make consistent profits. Even diversifying EA trading strategies helps them overcome many trading barriers in the Forex market.
Types of EAs on the Market
To diversify EA trading strategies, traders and EA programmers are constantly looking for the right solutions for themselves. Automated EA Forexs and Semi-Automatic EA Forexs are considered the most effective assistants for Forex speculators at this present time.
Talking a little about automatic EAs, they will be configured and executed as soon as the trading conditions and rules are satisfied without having to notify the trader. However, a small note: when Traders have many EA trading strategies to keep in mind, 100% automatic EA will hardly be able to meet and satisfy all conditions simultaneously. Therefore, we need to spend time monitoring them to prevent unfortunate risks that may occur.
What about various semi-automatic EA Forex trading strategies?
They are a program that works to identify patterns in the market and generate trading signals. The semi-automatic EA will detect signals and calculate parameters (entry point, stop loss, take profit ...) for the transaction, based on the installed strategy and then report it to the trader, as well as having to follow or not the trader's decision.
Automated and Semi-Automatic EA Forexs have many similarities - The same type of automated trading software. The main difference between automatic and semi-automatic EA Forex is that the semi-automatic EA will generate “signals” while the automatic EA will execute trades without any manual authorization.
Some outstanding features when trading EA
It is a fact that if an EA Forex needs to be programmed and traders do not have enough programming skills. Or, even if you have enough money to hire a programmer, you will never realize the benefits of an automated trading system.
But if you love programming EA Forexs and want to get your hands on it, you can greatly benefit from automated trading.
Advantages
Almost the whole EA will automate every process in Forex trading and bring profits to the Trader. You can configure any one EA and give them the ability to calculate dozens of different factors. Moreover, they help traders make quick and accurate decisions, reducing trading emotions in any market situation.
Detriments
Diversifying EA trading strategies is also seen as creating automated trading systems to use automatic/semi-automatic EAs in the forex market. You will need to be proficient in MetaQuotes Language 4 (MQL4) or MetaQuotes Language 5 (MQL5) to effectively create and program EA Forexs.
You will even need tens of thousands of hours to learn about the market, trade, and find your own trading method. From there, you can put your system into lines of code. This is one of the immediate difficulties before you can work towards diversifying EA trading strategies
Opportunities
Once you have embarked on the path of EA Creation and found yourself an optimal solution. You will find it easier than ever to diversify EA trading strategies. Here are some of the opportunities that you can seize when choosing EA creative work.
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Job opportunities: To gain new opportunities in this field, EA creators with IT backgrounds will also have the opportunity to work in a professional environment at FXCE.
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FXCE Giga opens the door to thousands of EA Traders: You will approach over 1600 EA trading members on the FXCE EA Telegram Community. And yet, you will always receive valuable help from the best team of EA developers and the EA Community.
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Saves a lot of time: Traders don't have to follow Charts, trading products, and price patterns all the time. By saving time, Traders can spend time with family and other important work.
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Opportunities to diversify EA trading strategies even further: A new approach and experience sharing to the Social Trading community at FXCE. Get the support and companionship of the Expert Advisor Dev Team with years of experience in creating EAs using FXCE Giga.
In addition, coming to the FXCE Giga Collection library, you will have access to many EA trading strategies with a variety of currency pairs, gold, ... on the Forex market. -
Opportunity to participate in global EA competitions: The variety of EA trading strategies is not only creative, you will also have access to more than 300 EAs and Indi available at FXCE Giga Collection. This is the largest EA/Indicator library ever. From there, you can apply the EAs to Global Competitions.
Some noteworthy EA trading strategies using FXCE Giga
FXCE has launched FXCE Giga's innovative EA platform with many innovative and useful features. The FXCE Giga platform is still evolving, with performance improvements and user-friendliness.
Regarded as the EA Configuration Solution for Non-Programmers, FXCE offers a multitude of EAs and Indicators that are optimally completed. Whether you are an expert programmer or someone who doesn't know how to code, you can freely access and develop the EA.
To learn more about the variety of EA trading strategies using FXCE Giga, explore:
EA Trading Strategy with EUR/USD
A3C-EU
This is an EA trading strategy following the reversal signal in only two Asian - American sessions based on a set of momentum indicators including RSI (14), Stochastic (5,3,3), CCI (14) and Bollinger Bands.
A3C-EU has started the Forward Test, you can follow the trading results on the FXCE Social Trading Platform here.
*** Learn about this EA in detail and the setup steps => Articles
TAH EU-DCA-M15
EU-DCA-M15 is an EA trading strategy that executes DCA when the market falls into an oversold/overbought condition determined based on the RSI 20 indicator. Trades are made only in the 3:01-time frame- 18:59 (server time) guarantees signal accuracy and always stops loss of $1,000, equivalent to 10% of the account.
EU-DCA-M15 on MT5
EU-DCA-M15 will start Foward Test on 01/2023, you can follow trading results on FXCE Social Trading Platform here.
*** Learn about this EA in detail and the setup steps => Articles
EA Trading Strategy with Gold
HTV-BMA68
HTV-BMA68 is an EA trading strategy that applies Bollinger Bands, MA, ParabolicSAR, RSI in trading XAUUSD. This EA is configured on FXCE Giga by member Hoang Tram Vo (Telegram: @wind1239) of the FXCE - EA community with a Single Shot XAUUSD target on the M30 frame.
Trading signals need to be qualified on many different indicators such as Bollinger Bands, EMA, Parabolic SAR and RSI. This provides high accuracy for trend trading.
In addition, the ratio R:R = 1:9 with Trailing Stop helps to preserve profits and minimize losses.
HTV-BMA68 has started the Forward Test, you can follow the trading results on FXCE Social Trading Platform here.
*** Learn about this EA in detail and the setup steps => Articles
DCA CCI M15
DCA CCI M15 is an EA trading strategy with XAUUSD configured on FXCE Giga by member Leica (Telegram: @quynhnhu0151) of FXCE - EA community.
The EA trades on the signal that combines the two MA lines (40.80) and the CCI indicator on the M15 frame. In case the price goes backwards, the EA manages orders using the DCA algorithm for up to 4 orders.
DCA CCI M15
*** Learn about this EA in detail and the setup steps => Articles
And there are many other EA with Gold trading strategies at: https://ea.fxce.com/
Other Strategies
DAW KDJB - DCA AUD/CAD
DAW KDJB is an EA trading strategy configured on FXCE Giga by member Vu Duc Hoanh (Telegram: @dontaskwhymr) of the FXCE - EA community within the framework of the Giga Collection program.
The EA conducts a DCA on the AUD/CAD pair on the M30 frame based on the closing price position of the candle relative to Bollinger Bands and the parameters of the KDJ indicator.
*** Learn about this EA in detail and the setup steps => Articles
EIT-GU-MA-H1
EIT-GU-MA-H1 trades GBPUSD on H1 frame configured on FXCE Giga by member Quang Duc (Telegram: @DucNguyen93) of FXCE - EA community.
Trading signals are determined based on candlestick characteristics and three technical indicators including AMA, 3Para Signal and Session Trading.
EIT-GU-MA-H1 has started the Forward Test, you can follow the trading results on FXCE Social Trading Platform here .
*** Learn about this EA in detail and the setup steps => Articles
And there are countless other EAs/Indicators waiting for you to discover…! Please access: https://ea.fxce.com/
Summary
To diversify EA trading strategies, traders and EA programmers are constantly looking for the right solutions for themselves.
Finally, the work of creating EA Forex is now simpler than ever. FXCE Giga was created to be the most modern way to create a reliable automated trading system with no programming skills required. FXCE will also be available to assist EA traders in any market conditions.
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Comment
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