- January 20, 2021
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Hi Forex Wiki Friends,
Fx Real Time EA DESCRIPTION:
Trades only by the trend and closes trades which are against the trend
. Using special algorithms, the EA determines a direction of the trend and opens a trade in that direction. Sometimes it happens that before the price moves further along the trend, a slight rollback of the price occurs. In such a situation, the robot opens another order(s) in the direction of the expected trend, for greater profit. In cases when a direction of the Market has changed, and the trades of FXRapidEA are against the trend, the EA CLOSES open trades as they are, often at a loss. When a new trend is formed, the EA opens trades in such a way as to cover all the previous losses. This can happen even several times. That means we always trade by the trend and close trades that are against the trend.