Choosing the right trading strategy is one of the most critical decisions a trader can make—especially in the dynamic world of the foreign exchange market (Forex). Whether trading currency pairs like EUR/USD $EURUSD or USD/JPY $USDJPY, or engaging in broader macro-driven moves, a well-defined strategy provides structure, discipline, and a framework for managing both risk and market uncertainty.
participants. At the heart of this automation are Expert Advisors (EAs)—custom-coded algorithms that execute trades based on pre-defined rules. The most widely used platforms for deploying EAs are MetaTrader 4 (MT4) and MetaTrader 5 (MT5), both of which support advanced scripting through the MQL4 and MQL5 programming languages.
Algorithmic trading is no longer the domain of hedge funds and institutions. Today, trading robots are used by both beginners and professionals. But the market is a dynamic environment: trends shift to sideways movement, volatility rises and falls, and the behavior of major players changes. To remain profitable, a robot must be able to adapt to changing market conditions.
Automated trading is a great opportunity to generate passive income, but choosing a bot requires careful consideration to avoid pitfalls and losing your deposit. In this article, we will discuss what to look for when selecting a trading bot. 💡📈🔥
Automated trading in financial markets is becoming increasingly popular thanks to algorithmic strategies and trading robots 🤖. However, many beginners make critical mistakes that can lead to the loss of their deposit 💸. In this article, we will analyze the three most common mistakes and ways to prevent them.
