No market exists that exceeds the foreign exchange (forex) market in terms of market activity and liquidity. In its annual reports on forex, the Bank of International Settlements (BIS) has always noted values above about $5 trillion as average daily transactions. The reason for this significant amount of activity in forex is that many investors have learned how to automate … [Read more...] about Guide To Using Support and Resistance Levels in Algorithmic Trading
Automated Trading
Ways to Identify and Avoid Forex EA Scams
Forex expert advisor is a type of trading software that can generate automated trading decisions for traders. Thus, the trader can gain more profits and the trading continues without the trader being present all the time. Traders can run these robots on MetaTrader platforms like MetaTrader 4 and 5. They offer several features to traders, such as providing signals for placing a … [Read more...] about Ways to Identify and Avoid Forex EA Scams
Best Technical Indicators to Use in Automated Forex Trading
There is an increasing trend where traders are relying more on automated trading than manual activities. Given the convenience that automation comes with, there is no doubt that the trend will deepen further. However, the automation of trading activities is not easy to achieve without enough knowledge about technical indicators. Technical indicators form the backbone of any … [Read more...] about Best Technical Indicators to Use in Automated Forex Trading
