Posts Tagged ‘automated trading’
Disadvantages of expert advisors
Following on from my advantages of expert advisors post here are some disadvantages of trying to write and use expert advisors. Curve fitting Because it is easy to backtest expert advisors many times with different parameters it is very easy for them to suffer from curve fitting. Curve fitting means that the EAs are highly optimised for [...]
The Expert Advisor advantage
For most people trading in forex is a very manual process. It involves watching charts, indicators, and the news. They then have to work out in their head whether it is a good time to buy or sell. For some strategies this makes a lot of sense. For example if you trade based on news events then you need to be there to interpret how the news will [...]
