Infinity is a relatively new Expert Advisor for automated trading in the Forex market. Even so, he’s already become quite popular. In his work, the Expert Advisor uses the trading strategy “Infinity”. This Expert Advisor is free of charge, which also contributes to its popularity. The Infinity Expert Advisor is an example of striking versatility. It does not put any restrictions on the choice of currency pair, works with any timeframes, is suitable for both four-digit and five-digit accounts. The trading strategy used by the Expert Advisor is quite transparent and easy to understand. The Infinity strategy does not imply the use of stops. However, it is advisable to set a stoploss between 50-100 pips in order to give the currency pair time to change the trend, if necessary. There is a trailing stop in the Expert Advisor, but takeprofits are not applied, as they are absent in the used trading strategy. Channels in the Expert Advisor are drawn on the basis of the improved indicator – Center of Gravity, which is an upgraded analogue of Bollinger bands.
Infinity – detailed information
|Worker||Portal “Forex advisors”|
|Type of Expert Advisor||trend|
|Size of the lot||not less than 10000 units per 0.1 standard lot|
|Size of deposit, $||1000|
|Timeframes||the Expert Advisor works on different timeframes|
|Indicators||Center of Gravity is a modernized analogue of Bollinger strips|
|Recommendationed brokers||Alpari, FxClub, NordFX|
|Yield, % p.a.||15.64|
|Max. drawdown, % p.a.||11.61|
|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.