Has anyone here used the Blessing EA?It is upto version 3. Can you put statistics? Recommended Forex Robots! Many people confuse a grid trader with martingale. Blessing is a grid trader. Yes it multiplies the lot size after a loss, but it does not double the lot size. Also it will only enter a second trade if trend reversal has been detected. It uses build in indicators to determine the best entry position especial when building the grid.
Trading robots in MetaTrader 5 provide:. Instant processing of large amount of currency, stock and other security quotes.
More precise signals. Efficient financial trading 24 hours a day.
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Strict adherence to a programmed algorithmManual data processing and recalculation of multiple analytical instruments at the same time is a difficult task. It is hard to analyze highly volatile markets (such as Forex), because the market state can change suddenly and dramatically. Trading robots can do various calculations almost instantly and they can easily process large amounts of data. As a result, a trading strategy can accept more detailed real-time signals and thus can determine trade entry and exit points more precisely.Trading robots are inexhaustible and can operate 24 hours a day without affecting their efficacy.is a hard and tedious process that every trader is familiar with. Human concentration inevitably weakens over time, which may lead to incorrect calculations and improper management of the trading platform. As a result, all these drawbacks might lead to trading mistakes and missed opportunities.
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MetaTrader 5 Expert Advisors solve this problem by strictly adhering to the trading algorithm and seizing every opportunity in the market. For example, by 2 a.m. Traders can be sleeping, while robots continue to analyze markets and execute trade operations.Finally, trading robots lack human traits such as self-confidence, enthusiasm, excitement, etc. All these human traits affect traders and therefore their trading activities on the Forex and exchange markets. Expert Advisors are free from these emotions and operate exactly as they have been programmed. Thus the emotional factors in trading are neutralized.The 2006-2012 obviously validated the power and benefits of trading robots in MetaTrader platforms. The distinctive feature of these contests was that Expert Advisors were running truly independent.
During the Championships, developers were not allowed to alter their programs in any way. For a period of three months hundreds of Expert Advisors operated under equal market conditions and many of them achieved impressive results.Technical indicatorsThe MetaTrader 5 platform is equipped with an impressive set of popular that satisfy almost all analytical demands of the modern trader. However, technical analysis is constantly developing and thus new analytical tools are created every year. Can help in keeping up to date with further developments.Do you need a special analytical tool?
The MetaTrader Market of trading apps and the Code Base offer a choice from thousands of options. Still not enough?
You can order an indicator from a Freelance developer or create it by yourself! Allows developing custom tools that can be used to analyze quotes of currencies and stocks.MQL5 indicators can access the entire database of historical information of a selected financial instrument (currencies, stocks and other assets) and process this data. Indicators can be applied on a price chart or in a separate sub window. Traders have full control of calculation parameters and all the options of instruments.
In other words, MQL5 indicators are practically the same as the built-in technical indicators, thus they can share the same wide range of options for trading.Use robots for automated trading and indicators for technical market analyses and boost your trading efficiency!
But before we get to the part on how to install an EA, be WARNED that there are many people out there offering EA programs that may not perform as advertised.They will tell you that their EA system has made them thousands of pips without them having to do a thing.We’re not saying it’s impossible, but unless they show you account statements that are audited by a highly reputable, third-party accounting firm, take it with a grain of salt.DO NOT be fooled by their flashy advertising and promises of higher returns! What would be best is if YOU create the EA yourself.