EA Better according to its developers is an advisor based on the principle of neural network operation. In practice, this means that the Expert Advisor, or its neural network, is able to learn and memorize market combinations and shapes that allow profitable transactions. Moreover, the Expert Advisor is able to adapt to the constantly changing Forex market. EA Better is a mid-term trend advisor, i.e. it keeps its position open in the market for several hours. The Expert Advisor is suitable for working with the majority of forex brokers that allow automatic trading. It is recommended to use the Expert Advisor for trading in highly liquid currency pairs, such as euro/dollar, dollar/yen, pound/dollar and others. Advantages of the Expert Advisor are the possibility to use it around the clock and the fact that it is able to put a rigid safety stop loss order when opening market positions. Also, he knows how to work with any timeframes, but nevertheless, H1 is preferable for him. A significant disadvantage of the Expert Advisor is the limited number of platforms on which it can be used, in fact, only on MetaTrader4. But EA Better is very flexible to the choice of deposit size and allows you to use even cent accounts and microlots.
EA Better – detailed information
|Type of Expert Advisor||trend|
|Size of the lot||no less than 2000 units per 0.1 standard lot|
|Size of deposit, $||50|
|Timeframes||any but better than H1|
|Pair tool/forex||EUR/USD,GBP/USD, AUD/USD|
|Yield, % p.a.||15.62|
|Max. drawdown, % p.a.||31.11|
|Autonomous account type|
|Maximum risk limit|
|Many series in one direction|
|Automatic start lot|
|Fixed Take Profit|
In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.
When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.
Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.