Computer generated buy/sell/stop signals

Discussion in 'Forex' started by Scarab, Mar 23, 2004.

  1. Scarab

    Scarab

    Is it safe to assume that you experienced traders watch charts/indicators and interpret the signals yourselves, as opposed to using Tradestation or Excel based systems to help generate buy/sell/stop signals?
     
  2. No... it is not safe.
     
  3. Yes, it would be quite safe to believe that it is not safe. :confused:
     
  4. genejef

    genejef

    Hi, scarab

    You must have a trading plan , a trading system. Combining a mechanical trading system with your judgement( discretionary trading) is the best solution. Use an AI software, adaptive indicators, multiple time frames. Base your trading on price, spread, volume.
    Following all buy/sell signals from a mechanical system will keep you trader for short run.