Wednesday, May 9, 2012

Yadix Forex Broker - Understanding EAs

Expert Advisors are basically a successful forex trader’s strategy that is crammed into a programme that is designed to trade forex markets, maximise forex profit opportunities and make money for the owner of the EA.

The EA will work on predefined trading strategies, usually based around technical analysis. Forex technical analysis has proven to be much more efficient and less subjective in forex trading markets when compared to fundamental or economic analysis as both of the later do not cover critical technical elements of trading any financial asset.

Once the Expert Advisor has been programmed and tested, it’s ready to be released in to the market place to generate profits for the traders. The EA will always be backed with months or even years of historic trading and performance data to allow the trader to make an informed decision prior to investing. Once agreed, all the trader needs to do is to simply add the EA to his MetaTrader 4 Platform, fund the account and sit back and watch the balance grow.

Yadix Forex Broker operates the STP model which means that all traders are submitted directly to the liquidity providers and not through a dealing desk. Dealing desks or market maker brokers base the profitability on clients’ losses and as a result often restrict the use of profit making automated trading tools.

As a client of Yadix, using an expert advisor, you can rest assured that you will benefit from all of the excellent trading conditions without facing restrictions or expulsion from trading using your EA. Our profits are based purely on the commissions received from the forex trading volumes. Yadix offers a free VPS facility to greatly improve the forex trading experience for clients that trade using automaded trading tools or Expert Advisors.

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