Forex EA Robot Trading Blog

Q.

I was looking at your live trading statement and saw 3 open buy positions for Oct. 17th. I then opened my IBFX GBP/JPY daily chart with the easy forex indicator attached. As far as I could tell the indicator was showing red lines (downtrend). I was under the impression the ea only went long when the indicator was green (uptrend). Am I missing something?

A.

The reason is that the EA on the demo is running on the 4Hr chart, so is it more susceptible to smaller variations.

Labels: EA, live trading, trend

# posted by My FX Tools @ 21:39