- August 6, 2023
- Posted by: Forex Wiki Team
- Category: Free Forex EA
AI Continuous Training EA Review
In the dynamic world of forex trading, finding a reliable tool that can navigate the unpredictability of the markets and generate substantial profits is a quest that every trader embarks upon. With the emergence of Artificial Intelligence (AI), this quest has become much more achievable. The newest entrant in this domain is the "AI Continuous Training EA", an expert advisor that offers unparalleled customization, adaptability, and profitability.
An Exceptionally Versatile Tool
AI Continuous Training EA stands as an incredibly trainable trading advisor, one that can be tailored to trade on any symbol. This makes it a versatile tool for trading across multiple financial instruments, including currency pairs, metals, oil, or cryptocurrencies.
Best Brokers List
AI Continuous Training EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Parameters
- Lots size - size for orders;
- Lots risk - size for orders as a percentage of the deposit;
- Grid risk - grid order size multiplier;
- Profit for grid orders - total take profit of the grid;
- Step for grid orders - step between grid orders;
- Orders count maximum - grid orders count;
- Grid reverse trading - reverse grid;
- Margin level minimum - minimum margin level, upon reaching which the order will be closed and it becomes impossible to open new orders;
- Take profit - take profit size in pips;
- Stop loss - stop loss size in pips;
- Trailing stops - size of the trailing stop in pips;
- Max spread - maximum spread;
- Buy orders are restricted - prohibits opening buy orders;
- Sell orders are restricted - prohibits opening sell orders;
- Process adaptation on history bars - the number of bars participating in the training sample;
- Process adaptation every time - overwrites the neural network in any case, even with a forward test;
- Ignore Pattern Errors - ignore errors (for example, gaps) on the chart while working;
- Use VPS Migration - this parameter must be enabled before migrating to VPS from MQL (experimental mode, only one running copy of EA is available);
- Monday Trade Session - Sunday trade Session - trade start and end time (do not trade if the value is empty);
- Magic number - orders magic number;
- Comments - comments for orders opened by the advisor;
- Slippage - maximum slippage level;
- Show info panel - shows informational dashboard;
- Adaptation Folder - directory for trained neural networks;
Innovative Learning Capabilities
The uniqueness of this robot lies in its learning capability. To train it, the user merely needs to run the robot in a strategy tester. The first pass is meant for the neural network to learn, where it performs random transactions. Subsequently, in the second pass, the user can review the trading results based on the trained neural network. A tutorial video is also available for those needing assistance before using the advisor.
Personalization at Its Best
A host of parameters are available for customization, including lot size, grid risk, take profit, stop loss, trailing stops, max spread, among others. Users can even restrict buy or sell orders and determine the number of bars participating in the training sample. It offers an advanced feature, 'Use VPS Migration,' for migrating to VPS from MQL, albeit in an experimental mode.
Forward Testing and Back Testing
Another key advantage of the AI Continuous Training EA is that it supports both forward testing and back testing. For instance, if the user sets the start date of the training period at the end of the 12th year and the end date a month before the current date, they can use this for forward testing. The first pass trains the EA through random transactions, and the subsequent testing using the trained neural network typically yields favorable results.
Consistent Profit Generation
The real test of the robot comes in testing for the last month, which is beyond the neural network training period set earlier. While the results may not be as uniform as the training period, the EA demonstrates a consistent trend toward generating profits.
Deployment and Implementation
Once trained, the AI Continuous Training EA is ready for deployment. It can be utilized on the chart of the currency pair (or any other financial instrument) for which the neural network has been trained.
AI Continuous Training EA Results
Conclusion
In conclusion, AI Continuous Training EA is a leap forward in the world of forex trading, encapsulating the power of AI, machine learning, and deep customization in a single product. By enabling continuous learning and adaptability, it can weather the volatility of the markets, offering traders an effective tool for optimizing their trades and maximizing profits.
Download AI Continuous Training EA
Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex tool works before using it on a live account.