Trading Forex with good EA’s makes so profitable!
17 September 2009
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6 Comments
I hear from a lot of places that Forex trading without indicators is the best way of trading. How does one do that though? Is there a software that just gives Forex signals? preferably for metatrader???
YES THERE IS. Its the best forex system in the universe. Its the only way to trade without indicators. Its called the FX-AGENCY ADVISOR 2. I have heard a ton excellent feedback from it. All you do is follow signals and you don’t need a chart apparently. People seem to be making a lot of pips from the fx-agency forex signals. Here is their site
http://WWW.FXATRADE.TK
Hi,
Personally I do not believe the system that just spit out buy and sell signals and people who are selling them. Because it just cannot justify the LOGIC behind it.
If they are making tons of money from the system, why would they want to sell it to you. I think they are making much better money selling the system than using the system themselves.
I have been trading for quite sometime with no much indicators except the moving averages.
The key to trading without indicators is understand the demand and supply level correctly. You can sell at supply and buy at demand level.
EA is ok if you keep on adjusting it .It is real hardwork to build a customised EA that works because you need to adapt to the market – This is just my opinion, may not be true for those programming warriors.
Cheers
Hope this helps.
The vast majority of EA’s for metatrader are built on indicators. The EA trading signal is generated based on the indicators you have setup in the system so it will be difficult to find a signal not based on an indicator.
You can trade without indicators using other information such as fundamental news events, economic announcements, trend lines, channels, candlestick patterns, price action, fibonacci levels, etc. With these tools you’re adding your own analysis and thought process to the trading decision, rather than watching an indicator spit out buy/sell signals based on price data. These types of signals will be more subjective such as where one trader starts and ends the fibonacci versus another trader.
So your questions is sort of conflicting in asking for a signal software that does not use indicators. If you want to go with signal software, here are a couple of options:
Forex System Selector: http://www.fxcm.com/forex-system-selecto…
ZuluTrade http://www.zulutrade.com/
If you are a beginner, i suggest you to use Marketiva, which is a very good platform to start trading with and very easy to use.
Marketiva gives you 5$ real to start trading so you don’t have to deposit and if you made profit from it you can cash out, this is why it’s very good for beginners. Their platform is very easy to use and they have support during trading hours.
To open your account please visit http://www.marketiva.com/index.ncre?gid=3371
I have the fx-agency advisor 2 and its fantastic. The amount of money we can make. Actually they do not just split out signals for no reason. They are based on correlation of price action and trend of the market so in a way it IS based on supply and demand which is what you want. There is nothing out there I know of that you cant look at a chart or indicator UNLESS you have the fx-agency advisor. Just contact them or go http://www.fxatrade.tk and you should get all your answers.
Trading Forex with good EA’s makes so profitable.So while getting EA’s choose best one.The best Expert Avisory(EA) for me fap turbo.I won’t trust other EA’s For Metatrader4 platform.I only trust Fap Turbo.
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