Enhancing Your EA Trading Strategies and Tools

2023-06-05
Summary:

Besides having a good EA, having good trading tools is also important in the forex market. EBC provides useful tools to enhance traders' experience.

In recent days, gold has walked out of the trend of a long short double kill, and some even expressed that they had unexpectedly exploded their positions twice in just a few days.

A good EA needs polishing, and a good trading tool also needs attention!

However, as mentioned earlier, in the eyes of the major investors, these can only be considered as two small one-sided markets. With good strategies, these volatile markets will instead become unfavourable trading opportunities for us.


Seeing that many people have lost a lot of money just because of a small market interruption, and some star traders have not even recognized a small trend reversal, I realize that developing a sustainable tracking and improving EA is still a long way to go. So, Jindahu will conduct more detailed polishing on the night time scalp EA until it reaches the cooperation threshold certified by Jindahu.


In the recent absence of good EA, people can also use some trading tools to master some knowledge of EA and even explore their own trading systems. This way, when searching for high-quality EA, you will have more signals to identify.


Currently, most transactions on the market are conducted through MT4, so MT4 already has over 2000 free transaction plugins and over 700 paid plugins.


As the audience for EA trading continues to expand, some high-quality trading Securities firms will also provide exclusive EA plugins and even their own trading tool library in combination with MT4 to meet diversified trading needs.


EBC is one of the prominent securities firms in this field. Its tool library has been online for over a year, providing dozens of trading tools, and is constantly improving and optimizing. It is a very good supplement for our daily trading.


Same Image Product Overlay Tool

When making cross currency pairs, it is a very useful tool that can clearly present the relative strength relationships of different varieties.


In EA transactions, the deviation values of two indicators are often used to determine the buying and selling points. This indicator also follows the same principle and can assist in identifying breakthrough signals.

A good EA needs polishing, and a good trading tool also needs attention!

MACD Professional Indicators

The king of technical indicators in trading is one of the best tools for identifying trend changes.


There is also MACD in MT4, but there is only one wire, and the golden fork dead cross signal cannot be seen. In actual transactions, MACD, in conjunction with the red and green bar changes and the deviation signals sent by DIFF and DEA dual lines, can accurately identify signals of top flight and entry, and the success rate of orders is relatively higher.


So the MACD of the dual line system is more in line with the trading habits of most people and is also a powerful tool to assist in EA trading.

A good EA needs polishing, and a good trading tool also needs attention!

MTDriver Profit and Loss Statistical Indicators

Plugins that are frequently used in EA transactions. After all, trading is based on profit and loss, including the control of positions and the setting of stop loss and stop loss points, all of which need to be calculated based on profit and loss.


This tool has multiple cycles set up and can be used by intraday, band, or long-term traders.


Some websites have posted this EA online for sale and refused to negotiate without hesitation, which is completely unfair. The functions are actually similar, just use them for free.

A good EA needs polishing, and a good trading tool also needs attention!

One Click Closing EA

Currently, MT4 software requires manual closing of each order.


But if it is an order for batch warehouse construction, it cannot be guaranteed to leave the site in the first time; Especially when a loss order encounters a flash market, it can also lead to an expansion of losses.

A good EA needs polishing, and a good trading tool also needs attention!

This plugin from EBC effectively compensates for the shortcomings in MT4 transactions. In addition to one click closing, it is also possible to close net orders, empty orders, and multiple orders with one click based on the situation of the order. It also includes timed order placement EA and net value monitoring EA.


This feature will also be embedded in our EA as a supplementary tool to prevent extreme fluctuations.


Order Flow Tool

EBC also provides free order flow tools, which can be considered a pioneer in the industry. Because this tool is mainly aimed at institutions, 70% of transactions on Wall Street institutions are now completed using it.


In fact, the principle of order flow tools is not very complex, it is to connect to the system of the exchange and view the trends of each order in real time. If you understand it as a God's perspective, it is also good.

A good EA needs polishing, and a good trading tool also needs attention!

Financial innovation has been engaged in for so many years, and the transaction has transitioned from technology plus fundamentals to the stage of analyzing big data, including a large number of EAs in the market that also analyze past data to find signals to determine buying points and selling points.


Although the principle is easy, obtaining order flow data is not easy. Because mainstream trading data is held by several major exchanges, such as the Chicago Mercantile Exchange and the London Metal Exchange, which control more than half of the global trading volume, without some qualifications and background, it is estimated that others will not be able to step on you.


In recent years, some platforms have also relaxed the interface for ordinary users, but the price is also relatively expensive. If the transaction volume is not large, ordinary people will not spend money to activate this feature.


But for EA transactions, order flow tools are one of the future trends. Especially in the face of market consolidation and short-term failure of trading logic, the more data can be obtained. The more accurate the market prediction is. So if you are interested in EA trading, you can also try to obtain it from EBC and have a practical experience.


We always believe that when making friends, we must be like-minded; When doing transactions, one must have a consistent mindset; Choosing a platform must be in line with the spirit. Only by being down-to-earth and putting in effort can we maintain our confidence in the melting pot of the trading market.

What Is a Recession?

What Is a Recession?

Understand recessions and get practical tips for managing finances, investing wisely, and staying informed during economic downturns.

2024-07-26
ExxonMobil and its long-term growth potential

ExxonMobil and its long-term growth potential

ExxonMobil is a top oil and gas leader, ideal for long-term investment due to its strong market position, finances, innovation, and stable dividends.

2024-07-26
Overview of sovereign funds and investment trends

Overview of sovereign funds and investment trends

Sovereign Funds (SWFs) are government funds for growth and stability. Now invest in private markets, startups, and tech for higher returns.

2024-07-26