Expert Advisor: technical aspects

For example: If the cross crosses above the 200-period moving average from top to bottom, sell EURUSD.

Usually, the most common EAs are programmed with moving average crossoverswhere the rules are essentially few and thus allow for the programming of a expert advisor very simple.

If the fast moving average crosses above the slow moving average, the signal is to buy. If, on the other hand, the fast moving average crosses below the slow moving average, it is a signal to close the open position.

In this case, therefore, every time the moving averages intersect, the platform will open a position in our place.

EAs may also decide on the size of positions to enter the market. It is therefore of paramount importance to take into account the size of the positions to be opened in one’s account and, of course, the relative stop losses and take profits.

One must always bear in mind that before putting any kind of strategy into practice, it is important to calculate the drawdown maximum possible and the expected Value at Risk. With money you don’t play around, and it is necessary to perhaps care more about how much you could lose, than how much you could gain.

The Expert Advisor: advantages

Another advantage of Expert Advisors is that all the psychological problems of trading are overcome. Many traders make mistakes because they are unable to manage their psychology and get caught up in greed or, even worse, panic. An Expert Advisor, on the other hand, has no feelings and therefore does not make these mistakes.

CSB automatic system