Only such people can believe in mechanical trading systems and advisors profitable. What to do, this is our Russian mentality. I want all at once, and preferably without doing anything.

No, I'm not saying that such systems and advisers do not exist in reality. They are, that's only good they do not bring any.
What is, in fact, these mechanical systems and advisors - are pieces of code written by the programmer and not much else. They laid down certain tasks, that's it and they do them.

Automated systems are needed most to do everything yourself, but getting a good profit. A typical example of laziness! I've always wondered this. Forex trading by its very nature - it is 98% mental work and only 2% technical. And these are the 2% in a simple button in the terminal. Is it a complicated procedure to click?

Especially in the arsenal of every trader already has a way to automate the trade - a warrant. They are able to automate the trading process completely. They need to put only manually. But again the case of 3 minutes!

Why, then, to buy mechanical trading system?

I do not know ...

Many of the lead on this matter the reason for the struggle with the emotions. Like, a piece of code, and sells it anyway. It is time to close the losing position and time to take profits. Yes, he will do so. That's just what you'll do if your piece of code will always close the loss-making positions at the slightest changes in the market?
Read the article What is true, brother? or mechanical (automated) trading systems and advisors profitable

I will not repeat what I said in my previous article about trading the news, I note the point.

As normal, systematic intra-day trading before the release of the news during the exit and immediately after the deal can not account for trading on the news.

The practice of two years showed that the bulk motion of the news period happens very often, and only slightly dependent on the coincidence of forecasts and actual data. It is important that at a particular time (as we know it) certain currency pair can make a breakthrough. On the subsequent three-dimensional motion in any of the directions or not.

Before the programmer was given the task - Advisor must not only put pending orders, and to accompany them, but also to ensure the opening of transactions in the course of the further movement of the currency if it is.

Placing orders.

Specify the installation time in hours, minutes and seconds, after putting the date or dates in the column by placing a zero - in this case, the advisor will work on the day of placing him at the appointed time.

The second time - advisor nomination of new orders, but without the auto-repeat. Orders will exhibit a time, if the order is open, the opposite will retire if not work, then both deleted after a set period of time and that's it. This option is intended for the case when you can just ask in the morning, the expert on the trading day (for example, you will not have a monitor at the time of the news, to rearrange the adviser to the new time).
Read news article New Advisor CatcherCandles_PW_V1.0

Each participant of the Forex market, one way or another used a counselor.

Advisor "width =" 148 "height =" 102 "/> Some are trying to make a profit using the Advisor found them on the site, which distributes them for free, while others give a lot of money for the counselor, who promises to just a few days to put together their fortune and to ensure a carefree lives.

But in 95 percent of cases the result is the same: you will find the complete destruction and loss of deposit.

In fact, almost any well-written by an adviser may bring a steady income if it is properly used.

Forex market is constantly changing, and it is impossible to keep track of all of its subtleties and peculiarities. The system brings big profits today may be less profitable or even unprofitable tomorrow.

Probably one ever wondered whether there are parameters for which the trading system would only bring profit? My answer is - NO! AND NEVER WILL BE!

Professional traders proceed as follows: if the adviser makes a profit on a small time period, you can use it on longer.

Consider a simple example. We perform optimization of trading systems on the history of the last three weeks. After optimization, we choose the parameters that showed the most consistent results, ie, the lowest drawdown at maximum profit. Use these options next week. In 98 percent of the cases the results are similar. Then repeat all over again.
Read the article How do I get to make almost any advisor?

A huge number of traders in their trading using expert advisors. Some use them to stable earning, but nevertheless, the majority of participants of exchange trade irretrievably lose their deposits. Despite this, every day more and more traders rely on their capital management advisor in the belief that much this time everything goes smoothly and will only take money earned. But the result is quite different. As with any business, trade advisor for the need to learn. First of all, we should choose the one thing and try to understand all the details and principles of the chosen system. Explore all of its strengths and weaknesses. Any adviser to make a profit if it is properly used.

All councilors can be divided into six main groups:
- Working with the trend;
- Working with flat;
- Used for trading on the news;
- Scalping system;
- Strategies to trade at night;
- Session of the system.

Once you have decided, with what is going to win an advisor forex market is to develop a plan of action.

It is necessary to determine for themselves, and strictly observe the following rules:
- What time is best for doing business;
- What currency pairs and timeframes calculated your advisor;
- When trading (trend or flat);
- Whether to trade at the exit or wait for news of peace on the market.

The most important thing is never to leave unattended the devil works councilor, as if you were not confident in it.

Forex - a world with enormous potential, which can reveal absolutely everyone. Strive for the ideal, improve and then good luck will not be long in coming.
Read the full article How to use an adviser?

In addition to the technical indicators and line studies in the MT4 trading platform is also a great opportunity to apply additional analytical objects.

These additional analytical tools are:

• "Councillors - (Expert Advisors)
• "Custom Indicators - (Custom Indicators)
• "Scripts - (Scripts)

Counselors - Expert Advisors

Councillors (sometimes referred to as experts) in the MT4 trading platform called the programs developed in the programming language "MetaQuotes Language 4 (MQL 4) and providing the ability to automate analytical and trading operations. Advisors can automatically perform technical analysis of the market. In addition, advisers to the basis of the received signals are able to issue commands to execute trades and manage open positions. At advisers usually assigned all the routine work for the technical analysis and trading.

To develop counselor uses a built-in editor MT4 trading platform «MetaEditor». After you create are saved in the folder «EXPERTS» as files with the extension «MQ4» (source code) and «EX4» (executable code). List of EX4-files can be viewed in the "window« Navigator - Expert Advisors ».
Read full story What advisors, indicators and scripts?

Expert Advisors make it much easier to trade the Forex market. This is due to the fact that they allow you to automate the process of trading, to reduce the burden on market participants, who must constantly analyze large amounts of data to make a decision on the conclusion of the transaction. Many developers who write software for traders, advisers often suggest to buy Forex at affordable prices.

Advisors forex traders as tools - is not nothing but a set of indicators that work on a specific algorithm. The algorithm works in which one or another advisor forex, defines its functions and capabilities. Forex Expert Advisors allow the trader to make a decision about how to make a deal or abandon the operation. In addition to informing the party regime of the Forex market, they can make trades automatically.

When choosing a Forex trading advisors need to pay attention to who develops and sells them. It is important that development adviser attended by experts who have long and successfully traded in the market. Of course, the Internet can download the adviser, but in this case, its ability to check, and only then automate their trade with it.

By purchasing or downloading Advisor Forex, you need to install on your computer or laptop, and then adjust. Do not forget about its timely renewal.

Counselors must be placed in a folder of MetaTrader 4 \ experts

Read the full article Forex Trading Advisors