This presentation was done for Fxtreet.com on the topic of expert advisors EAs.
Why do more hedge funds opt for Engineers instead MBAs? A new chess player with the aid of a computer can beat an experienced chess player. Why can’t computers help a trader succeed in trading? Everyone has greed, fear and lack of discipline. Can automated algorithmic trading be the solution?
Metatrader 4 (MT4) has become the common forex trading platform because of its expert advisors trading also known as EAs. Can EAs help the retail traders become as successful as the hedge fund managers? This webinar will provide the understanding of the EAs’ landscape. The perils of purchasing off the shelves EAs and why the consumers mind set will never be changed. It will examine the different types of EAs, including their strengths and weaknesses. The webinar will also cover creditable third party validation if you are planning to purchase off the shelves EAs. At the end of the webinar, you will be able to ask hard hitting questions to expose the lies of EA vendors.
This is the first of a series of webinars on MT4 expert advisors. We will begin with the basic fundaments, and moving more advance levels of designing EAs.