Key Takeaways Consistency can be measured. Read expected payoff, profit factor, maximum drawdown and recovery factor before you look at total profit. Every strategy has a market it fits. Trend, […]
Key Takeaways No forex robot is completely safe or guaranteed to be profitable. Compare strategy types, verified live results, maximum drawdown, and total costs before choosing a robot. Forex robot […]
Key Takeaways Telegram alerts let you follow your EA from your phone. You get a message when the EA opens or closes a trade or spots a signal, without keeping […]
Key Takeaways Backtesting shows how an EA would have traded on past data. In MT4 you open the Strategy Tester with Ctrl+R, choose the EA, symbol, dates and model, then […]
Expert advisors are playing a more and more significant and defining role in the world of forex trading. They provide a way for users to automate the process and trading […]
Key Takeaways A custom MT4 EA is MQL4 code compiled into an .ex4 file. You write the rules in MetaEditor, compile with F7, and attach the EA to a chart […]