Forex technical analysis is the study of market behavior mainly via the MetaTrader charts to predict future price trends. Various technical analysis tools including market trend, volume, range, support and resistance levels, chart patterns and indicators, as well as conduct a Multiple Time Frame Analysis using different time-frame charts, can be used to develop Forex trading strategies.
The Technical analysis strategy is an important way to evaluate assets by analyzing past market actions like past prices and past volumes. It is not to measure the asset's underlying value, but mainly to determine patterns that could help to recognize and predict future market activity by the use of charts or other tools of technical analysis firmly believing is that the historical performance in an important indicator of the future performance of markets.
The Happy Index primarily uses a technical analysis and trend-following strategy to trade the US30 (Dow Jones Index). It leverages advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades precisely. Additionally, it includes a news filter to avoid trading during significant economic news events, reducing the risk of losses due to market volatility.
The Target Trader system has a proven track record of delivering consistent results based on trend, volatility, and price action movements using intelligent, carefully selected trade entries. Besides that, it's designed to last for years without needing to be updated.
A Forex trading system that combines two completely different Forex Strategies, called CORE1 (Trend Following) and CORE2 (MA indicator). Both systems use powerful drawdown control systems.
Using Trend Matrix EA, traders can identify and profit from market trends. It offers a safe and reliable way to navigate the forex market with its Next Generation Loss Recovery System and reliable risk management tools.
Happy Bitcoin EA operates based on a strategy that involves identifying market waves and trends and constructing correction-impulse levels. There is no grid, no hedging, no arbitrage, nor martingale elements in the EA trading strategy.
Forex Enigma is a 3x innovative trading strategy in one algorithm (Scalp, Trend, and Half Grid) with a News Filter which greatly improves the efficiency of trade.
The Skilled Trader has been developed to utilize and maximize the 3 secrets of successful Forex trading that will be discussed in this review. These 3 secrets actually work to allow the EA to beat the Forex market without being sabotaged by the broker it's trading on.
No indicators are used by FXConstant. Price movements are directly analyzed by the EA. Patterns are activated based on price movement specificity.
To a greater extent, a price in the Forex market has a certain amplitude of fluctuation - replacing an upward movement with a downward one.
Based on this principle, FXHelix collects recent data on price movements to find a deviation from the average rate of price movement during a certain period. When such a moment has been found, the EA with a high probability finds out which way the price will move, and after that begins to trade.
FXParabol uses a combination of two indicators in such a way as to detect a trend and determine the moment when to start trading in the direction of this trend.
Without using a grid, martingale, or hedging strategies, Fund Trader approaches the market via a dualistic (2-step) process to determine when to enter and exit the market with profit.
FXQuasar Expert Advisor does not use indicators.
It works directly with quotes and internal algorithms for analyzing the current market situation, as well as analyzing price movements over the past few days.
Based on the results obtained, it decides whether to open a trade or wait and in which direction to trade.
Quick Scalp Trader identifies the trend with optimized moving averages, then determines an entry based on fractals and candlestick movement.
The cornerstone principles for Power Trader take into account price action, market volatility, and short-term trending.
XFXEA calculates an entry point by evaluating a certain number of bars in a unique way and then forms a critical range. Based on this range, determines how and when to start trading.
All this is done without using the principle of Martingale.
The strategy of the Trader's Sun EA, embodied in the algorithm, is based on determining support and resistance levels, as well as identifying the behavior and direction of the Market’s movement, in order to assess the strength of the movement impulse and the probability of its continuation.
Trader's Moon EA is an Expert Advisor that uses the Martingale principle, but with a number of significant improvements and benefits.
Patterns are formations of pricing that provide us with a graphical representation of what’s going on behind the scenes in the market, Pattern Trader PRO can recognize them and make trades based on their analysis.