EA Better is a mid-term trading robot also referred to as artificial intelligence. This is due to the fact that the EA is able to learn in the course of trading. This EA has the ability to identify and memorize new market patterns and use this information it its work. Almost any currency pair can be used as a tool. Self-learning of the EA is based on the principle of the neural net.
Today, automated trading systems are capable of doing the things you couldn’t dream about just a couple of decades ago. EA Better is constantly adapting to the reality. This adaptability allows the robot to avoid the trap of template methods, when the market changes its behavioral patterns, while the system continues to use older models and suffers losses.
The EA Better works on the base of Metatrader4 platform with EUR/USD, GBP/USD, EUR/JPY, GBP/JPY, USD/JPY, USD/CHF, AUD/USD, and USD/CAD currency pairs. It is possible to change the basic settings, but in terms of a timeframe choice it is recommended to focus on the standard version – H1. The EA works exclusively with the trend, in the direction of the main pulse. If a trader likes experimenting, they can choose other time periods to optimize the system. Essentially, optimization is what this EA will always require, as the market is changing and you need to react to these changes in order to keep your level of profitability. The figure below shows the results of the EA testing on a demo account from spring 2013 to the present day.
General issues and EA optimization
Before using any trading advisor on the real account, it is recommended to test algorithms on your own. The EA Better requires a check on historical data in order to find out the optimal parameters. In case of receiving satisfactory results, you can also run the robot to trade on a demo account and trace nuances in real-time mode. Optimization of the trading systems is a creative process. It is up to the system user to decide on how often it should be optimized. Experienced traders believe that this procedure should be carried out at least once every six months. Often optimization is not necessary, because the EA needs time to approve itself, so the short-term results won’t be representative.
The EA Better is a trend advisor and after opening a position it immediately puts stringent protective orders. You can start working with the EA on a mini account with $50. The developers recommend the traders to work with the EA Better via InstaForex. It is also worth noting that the robot is able to trade around the clock and doesn’t require the trader’s control. Protective stop orders are recommended to be set at 2%. In case of disconnection, the trader’s assets will be protected. After the connection is restored, the EA immediately resumes its work without outside interference. Some also practice working with several advisers in order to maximize profits and balance risks.Social button for Joomla