One the main problems I face as a newbie is deciding which EA(s) to use.
I guess there's a few parameters we can look for :
1. Risk/Reward (partly determined by the recommeded default TP/SL settings for each EAs) but also the %WIN/PROFIT for week/month etc.
2. EA type (Trend-based, volitility-based etc.)
3. Average Pips/week.
It would be great to have a feature on this website where a table lists all the critical indicators of each EA to allow us to compare/contrast each.
The problem is often with hundreds of pages to read, and limited knowledge, however enthusastic we might be to learn there is considerable inertia given the range of choices and the amount to digest.
Can anyone recommend which EAs tend towards giving a pretty constant return with modest risk? I guess this is all relative. There's just so many to choose from.
Where do we start?
I guess there's a few parameters we can look for :
1. Risk/Reward (partly determined by the recommeded default TP/SL settings for each EAs) but also the %WIN/PROFIT for week/month etc.
2. EA type (Trend-based, volitility-based etc.)
3. Average Pips/week.
It would be great to have a feature on this website where a table lists all the critical indicators of each EA to allow us to compare/contrast each.
The problem is often with hundreds of pages to read, and limited knowledge, however enthusastic we might be to learn there is considerable inertia given the range of choices and the amount to digest.
Can anyone recommend which EAs tend towards giving a pretty constant return with modest risk? I guess this is all relative. There's just so many to choose from.
Where do we start?