The Expert Advisors Trading Guide

Trading with Expert-Advisors (EAs)

Deployed on a trading platform, Expert Advisors (EAs) are tiny programs that can automatically trade any financial instrument. Trading with EAs is becoming very popular, as EAs can continuously trade any financial market without any human intervention.

  Introduction to EA Trading

An EA identifies and opens trades according to the parameters set by the user. Later, if the market conditions are changed, the algorithm is capable of modifying/closing the trade automatically.

EA trading in a multi-featured process offering:

• Trading the full asset index available in the platform (Forex, equities, crypto, etc.)
• Combining technical analysis tools and techniques (indicators, pattern recognition, S/R, etc.)
• Including money-management tools (risk control, spread/slippage control, etc.)
• Applying time management (selecting time to open/close orders, avoiding news releases, etc.)

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RoboForex Cashback (Rebates)

Receive a Monthly Cashback when trading 10 or more lots with RoboForex

RoboForex is an ECN/STP broker offering fast execution, tight spreads, and a free VPS for automated trading. A trading account can be opened with as little as $10 and can be funded via cards, bank wire, Skrill, Neteller, and PerfectMoney. Regulated by FSC Belize, RoboForex provides compensation of up to 20,000 euros in case of insolvency.

• 35+ Forex pairs on MT4/MT5
• CFDs and Futures trading
• EAs, social trading, fully accepting scalping and a free VPS

Spreads & Commissions

The trading spreads offered by the broker are very tight while the trading commissions of $2.0/full traded lot are very competitive:

• EURUSD spread as low as 0.10 pip, and GBPUSD/USDJPY spread as low as 0.15 pip
• $2.0 trading commissions per full traded lot

Cash Rebate Program

The broker provides a ‘Cash Rebate’ program offering the opportunity to all traders to receive extra profits on all account types. The rebate program is based on monthly trading volumes and the earned funds can be used for any purpose without any restrictions.

» Open a Trading Account with RoboForex

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RSI Precision+ indicator (RSI Alternative)

INDICATOR: RSI PRECISION+ (FREE ON TRADINGVIEW)

The RSI Precision+ is an enhanced version of the “RSI Precision”, a free alternative to RSI you can use on TradingView. The new indicator offers a combination of crucial trading signals, along with the RSI Precision's indications. These are the three categories of built-in trading signals.

• RSI Crossovers/Crossunders (▲▼)
• MACD Crossovers (•)
• SMA Death/Golden Crosses (x)

RSI PRECISION+

The new indicator “RSI PRECISION” is an alternative to the popular oscillator ‘Relative Strength Index’ or else RSI. The indicator combines RSI readings with price momentum to offer precise readings at longer timeframes. In addition, it offers a series of built-in trading signals. The RSI Precision is a very useful tool for analyzing volatile financial assets, such as technology stocks and cryptocurrency assets. Especially, in longer timeframes, where the indications of the classic RSI are lacking any precision.

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