Forex Algorithmic trading – What's new?Hello, dear traders, it's Petko Aleksandrov speaking from EA Forex Academy and todayI will talk about the recent course that I have launched about Forex Algorithmictrading.
It is in our algorithmic trading section.
If you click on courses and youwill find it just right down so this is the ninth course that I have launchedfor algorithmic trading included again 10 Expert Advisors but this time this isfor the dollar yen.
Now, if I click on the course you will see the description andyou will see the landing video where we can learn much more about the course.
Andas you can see already 256 students joined the course for less than onemonth which makes me very happy.
There is a huge interest on this course and it'sanother Forex Algorithmic trading course where I am showing new methods on how tobuild Expert Advisors.
Now, if I click on the landing video you will see, actuallythis is me right here talking about the course, but there is one spot, let me makeit on a big screen.
So what you see is that this time I have used the ForexStrategy Builder Professional and this strategy builder gives us some morepossibilities that we are missing in EA Studio.
So what we have here is we havethe possibility to add to the position.
So once you have for example, a buysignal and then you have a next same directional signal you can add to theposition and when there is an opposite signal you can actually reverse theposition.
And then again, if we have another sell signal we can add to theposition and then another one we can add and same on the other side.
If we havebuy we reverse this whole sell position so all of the trades from the sellposition and then we buy and then on the next same directional signalwe add another by.
Now, of course, I have made the Expert Advisors in such a waythat you will be able to choose how many times you want to add to the position.
Sofor example, if you choose three this means that you will add three timesmaximum and on the fourth one (if there is a fourth same directional signal) itwill not add the position and basically this way you describe how much you wantyour maximum lot to be.
All right, now Forex Strategy Builder Professionalgives us some more possibilities, as we see great indicator chart and we areusing the longer the timeframes.
So what you see below is that I am using M15 forthis strategy as a major time frame to trade on, but what I have below is twodifferent timeframes so I have MACD on M30 chart and I have MACD on H1 chart.
So this MACD indicators filter the entries, so the idea here is to havestronger entries at the right moment and with the indicator chart you can seeexactly where were the entries and where is the next one.
Now I will stop thisvideo and I will open another one from the same course where I'm talking aboutexactly the longer time frame filters.
So this is how Forex Strategy BuilderProfessional looks like, if you want to use it there's 15 days free trial thatyou can take advantage of.
You need to install it on your computer and you willbe able to use it.
So basically here in the middle we have the entry rules andwe have the exit rules, the logic conditions, this is again the indicatorchart, that I am showing over here.
And in this case talking a little bit moreabout the MACD I am using the MACD in a way that I want M30 and H1 to match and thisis the moment when I am entering.
So you can see here is the sellsignal because both MACD confirm that it is alright to go short, right? And if Ijust go back a little bit earlier to the video from the lecture and I pause ityou will see the ad three conditions: "MACD line rises" and the other one is "MACD line is higher than the Signal line".
Okay so, I have one in the sameindicator but with different entry conditions.
So, one is "MACD rises" theother one is "MACD line is higher than the Signal line" and when bought confirmsI have confirmation on M 30 to go in the same direction.
And this way the expertadvisor has the confirmation to execute the trade on M 30, of course if the otherrules are there.
All right now I will just go a little bit more over the videoand I will show you the other strategies.
So here the first five that I havecreated are trading on M15 and then the next five are on M5.
Now on M5 I am using the MACD indicators but with different conditions.
One is "MACDline is lower than the Signal line", so pretty much the opposite of M15, and thenext one is" MACD line is lower than the zero line".
So here on M5, what I haveaimed is to create Expert Advisors that are actually trading on the sidewaysmarket.
So I want to buy when the price is cheap and I want to sell when theprice is expensive.
Now let's see, if I have the indicator chart, that's rightover here, so you see I have the MACD lines I have the other indicators so theother indicators are still on M5 but the MACD is on H1 and M30.
Alright, so hereI want to go long when the price is cheap, and you see here I have this movedown and here is the long entry.
When I havethe confirmation from the MACD and I am buying basically after the move downand the Expert Advisor aims to take the trade on the long side when we arehaving cheap price.
Now obviously here this didn't happen.
You can see the pricejust went sideways, but not so much sideways, you can see it goes a littlebit higher up to here and then I have a sell signal.
So you see this red linebelow the price over here, this shows that we are having short trade and thenwhen we have green one this means we are having the long trade.
So you see thelong case actually is a pretty nice place it's from right over here up tosomewhere here and then we have reverse and then we have short trade up tosomewhere next over chart.
Now one more time here the idea is that we want theMACD to be down, to be low this will confirm that the price is down and wewant to buy it.
Same thing on the other side we arelooking to sell it when the price is expensive.
So this way I create ExpertAdvisors that are trading exactly over the sideways market, while those on M15they are catching the move.
So as the old thinking for Exhale Rhythmic tradingsells we want to jump into the train, we want to go with the direction of themajor price.
So these are the two different market conditions the trendingmarket, when we see trend, and the sideways market, when basically the pricestays in a range, and it's better to buy when the price is cheap and to sell whenthe price is expensive.
So five of the Expert Advisors are on M15 and fiveare on M5 but all of them are being filtered with the MACD indicator on H1and M30.
All right now, if I close the lectureI will talk a little bit more about the FSB Pro as strategy builder.
Of course,again I have created hundreds of strategies, I have filtered dolls and I'llshow how I'm doing it during the course but it's great if you want to practicejust what you can do is to download it from right over here on our website.
Actually we were expecting new design, but again you will see the EA studio andFSB Pro right here on our website.
And you will see the download trial buttonand there are 15 free videos over here from the developer mr.
Popov, who hasdeveloped this software for many many years.
And now I can say it's a topproduct in Forex algorithmic trading and personally I wouldn't imaginetrading without it.
It makes it so much easier.
And now I will focus a little bitmore on a Forex Strategy Builder Professional in my next courses, becauseif I go one more time to our Forex Algorithmic trading session in thecourses you will see that in most of my courses I have used EA Studio.
Theweb-based strategy builder and this is for a reason actually, because it's muchmore easier strategy builder it is much more convenient for the beginner tradersand everyone can get used with it pretty quickly.
While Forex Strategy BuilderProfessional is a bit more advanced I can say, takes a little bit more time toset it up but those videos that I have showed you here from the developer theywill guide you through each step and it will be very easy for you to set up thestrategy builder.
Of course, in this course that I have been talking about inthis video: "The top 10 USDJPY Expert Advisors Forex Algorithmic trading",actually the name is Algorithmic Day trading.
I have shown briefly how to setit up and you will be able to do it.
So what I wanted to say is thatfrom the nine Forex Algorithmic trading courses what I have been doing with thetop five – I use FSB Pro and then with one of the strategies I used EA Studio.
Thenwith the Forex strategy course I have used both again.
But then with the top teneuro dollar strategies, the top ten pound dollar strategies, the Forex ExpertAdvisors course London, New York and Tokyo Algorithmic Trading.
And with theAutomated Forex trading the Algo trading course, which is the basic course, andwith the Trading Portfolio Expert Advisor.
So with all of these one, two,three, four, five, six courses I have used EA Studio and not for a Strategy Builder.
So I want to balance it a little bit now in the near future and I'm planning tomake a few more courses on Forex Strategy Builder Professional.
But onceagain this was with the reason I wanted to create first more courses based onEA Studio because most of our students are beginner traders and EAStudio is much more appropriate for beginner traders.
And, if you have watchedsome of these courses you will have an idea about Forex Algorithmictrading and it will be much easier for you to give it a try with the ForexStrategy Builder Professional and to have some more advanced Expert Advisors.
And as I always say in my videos if you have any questions don't hesitate to askme I am very happy to answer every question.
Recently our forum is gettingpretty interesting.
Many traders are joining, you are very welcome to write yourquestions, open new topics or write in the existing ones.
This is the placewhere you will get the fastest answer from me.
Basically I'm following theforum all the time I want to develop it more, because it will be a great placefor students to talk about Forex Algorithmic trading, to share your ExpertAdvisors.
Actually I have opened one topic which is – "Forex Strategy for EAcryptocurrency EA – share with everyone".
So there you willfind some free expert advisors people sharing strategies and Experts Advisersand it's great just to exchange ideas and trading strategies with everyone.
This is the best method actually to learn and to practice and to meet sometraders that you can exchange ideas and trading advices.
Alright guys, thank youfor watching this was the recent course that I have launched about ForexAlgorithmic trading and I wish you always to enjoy the trading.