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?