In the past I have used some forex expert advisors that really did not work. I have already written a review about one forex expert advisor like that on this site. I would like to know if you guys are using any expert advisors that really work. This information will also be useful for other forex traders also. So please come and discuss about any expert advisor that you have used in the past or using currently and how it has worked or working. So please come and discuss. I will write my experiances also about the expert advisors I have used.
Featured Article
Parabolic SAR Dot Breakout Strategy
The strategy is very simple and works very well. You can find a lot of trading opportunities using this strategy. This strategy involves only parabolic SAR indicator with default settings. Indicators: Parabolic SAR with default settings (Step: 0.02, Maximum: 0.2) Time Frame: Hourly But you need to observe the parabolic SAR on the higher time frame of daily chart. Markets Sessions … [Read More...]
There was one expert advisor that I used earlier which is called “Extreme Scalping Expert Advisor”. The expert advisor I used was mainly for EURGBP. This worked very well with one of the forex brokers but later the forex broker closed his trading company. Not sure why the broker closed exactly. But after that I tried to backtest it for other brokers but the backtested results were bad. This expert advisor is dependent on the broker. There is also a GMT time setting for this which is very difficult to understand. This is a scalping expert advisor so the spread should not be more than 3 pips. Once the broker closed his company, I am not using the expert advisor anymore as it is not giving good results for other brokers.