Price Action EA's

Discussion in 'Forex' started by ElectricSavant, Sep 5, 2011.

  1. Does anybody have any price action EA's they would like to share with the community?

    I believe Price Action expert advisors are a valid use for automation in Forex. The trouble is they are so "execution sensitive" and as you know your fills are controlled by your dealer...

    The only other EA's that offer promise are the ones that are semi-automatic. There is no EA that is set and forget.

    ES
     
  2. Davdse

    Davdse

    I fail to see exactly what advantage a semi-automatic EA has over a fully automated one.
     
  3. Well you can use it as a script to get you in or out....but not on both sides...or turn it on and off at will...

    or...

    You can put it on a demo and discretionarily take the trades or not...use it as a setup machine

    or...

    You can combine EA's on demo and with a consensus or a diversion you can apply it to a manual trade...

    or....

    ahh...forget it...


    ES