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Robot Forex

A forex robot is a type of computer program that’s designed to trade forex automatically.

Forex robots follow a specific set of trade signals and settings in determining the best prices at which you can buy or sell a currency pair. They use complex mathematical algorithms to monitor the markets and follow price action.

Forex robots can help both beginners and experienced foreign exchange traders maximize their return on investment. They eliminate emotional and psychological biases when trading and bring automation to forex trading.

In this guide, we’ll explain everything you need to know about how forex robots work and  review the 10 best forex robots for 2022 .


Önerilen ürünler
TLFv1
Thanakorn Suphakornthongchot
Uzman Danışmanlar
Short-Term Fibonacci Trading Strategy with Clear TP and SL Strategy: Timeframe: M15 Indicator: Fibonacci Retracement Fibonacci Levels: Buy Entry: 38.2%, 50.0% Sell Entry: 61.8%, 78.6% TP/SL Placement: SL: Below/above the Fibonacci level used for entry Minimum Capital: $100 Instruments: Metals: Gold (XAUUSD) The recommended spread starts from 10 to 25, and should not exceed 28.
Team Trading Usdjpy
Hulya Cinar
Uzman Danışmanlar
Team Trading System     is based on the logic of order strategies and profit-taking strategies working as a team.  In general, EA consists of two parts as strategies and take profits section. Strategies section are special strategies that we create for symbols. Strategies continue to open buy and sell orders independently.  Takeprofits closes orders that are opened by working as a team. Take Profits logic is that profitable orders go by closing lost orders. They never work selfishly. In this wa
The King Advisor MT4
Guillem Boix Martin
Uzman Danışmanlar
The  King Advisor   son derece gelişmiş bir   sinir ağı   algoritmasıdır. Stratejisi,   sofistike   bir   kendi kendine öğrenme   sistemi ve yılların deneyimi ve çalışmasıyla tasarlanmış bir   ticaret   sistemi aracılığıyla destek seviyelerinin, direnç ve trend çizgilerinin belirlenmesine dayanmaktadır. Deneyimli tüccarlardan oluşan bir ekip tarafından geliştirilmiştir. Sınırlı İlk Fiyat:   599 $ (Bu fiyata sadece 5   kopya)   ||   Sonraki Fiyat:   999 $ ||   200 Kopya Sonrası Fiyat:   10000 $ L
Win Sniper Follow
Nirundorn Promphao
Uzman Danışmanlar
I will support only my client. สำหรับลูกค้า Win Sniper Follow  is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. Real operation monitoring as well as my other products can be found here :  https://www.mql5.com/en/users/winwifi/ General Recommendations The minimum deposit is 100 USD, the recommended timeframe is M15, H1, H4. Use a broker with good execution and with a spread of 2-5 points. A ver
H4 GBPUSD Trend Scalper
Valeriy Potapov
Uzman Danışmanlar
H4 GBPUSD Trend Scalper is a trend signal scalper The EA trades according to the trend strategy using original built-in indicator for opening and closing orders. The external inputs for limiting trading on Fridays and Mondays are available. The purpose of the strategy is to use the current trend with the most benefit. According to the results of testing and working on demo and real accounts, the best results achieved by using the Н4 timeframe on the GBP/USD pair Works on MetaTrader 4 Build 971+
Max ScalperSpeed
Paranchai Tensit
Uzman Danışmanlar
Max ScalperSpeed   is a fully automated expert advisor. This system has been developed to improve the efficiency of generating more returns. Rely on scalping trading strategies and recovery strategies with appropriate trading frequencies, and also able to work well in all market conditions, whether trend or sideways, able to trade full time in all conditions. Enable or disable news filtering according to user needs. Added a proportional lot size adjustment function, where users can choose to ad
Santa Scalping
Morten Kruse
3.05 (21)
Uzman Danışmanlar
Santa Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The SMA indicator filter are used for entries. This EA can be run from very small accounts. As small as 50 EUR. General Recommendations The minimum deposit is 50 USD,  default settings reccomend for eurusd m5 gmt +2 . Please use max spread 10 if you will not have orders change it to -1. Use a broker with good execution and with a spread of 2-5 points. A very fast VPS is required, preferably
Exp Swing
Vladislav Andruschenko
4.18 (45)
Uzman Danışmanlar
Swinger (Pendulum, Cheburashka) adı verilen ünlü bir stratejinin modelini kullanır - bekleyen emirlerin artan lotla alternatif olarak yerleştirilmesi. Strateji iki zıt bekleyen emrin verilmesinde yatmaktadır. Fiyat belirli bir yönde hareket ettiğinde bekleyen bir emir tetiklenirken diğer emrin lot büyüklüğü artar. EA, üç tür bekleyen açılış emri sağlar (TypeofTrade) Yerleştirme sonrası otomatik açılma (Anlık açılış AutoTrade) Manuel açma sonrası açma ve yönetim (Manuel açma ManualTrade) Yüks
FREE
Team Trading Nzdusd
Hulya Cinar
Uzman Danışmanlar
Team Trading System     is based on the logic of order strategies and profit-taking strategies working as a team.  In general, EA consists of two parts as strategies and take profits section. Strategies section are special strategies that we create for symbols. Strategies continue to open buy and sell orders independently.  Takeprofits closes orders that are opened by working as a team. Take Profits logic is that profitable orders go by closing lost orders. They never work selfishly. In this wa
FX Smart Grid Pro
Seda Terekyan
Uzman Danışmanlar
"FX Smart Grid Pro " is an advanced robotic market analysis system that uses intelligent open and close algorithms with sophisticated filtering method to identify only the safest entry points. This is a system that we developed many years ago, constantly improving it. " FX Smart Grid Pro " is secure trading system that uses real market mechanics to maximize profits while keeping risk under control. " FX Smart Grid Pro "   is a 100% automatic forex robot working on 8 major currency pairs   EURUSD
Harvest GOLD
Sayan Vandenhout
Uzman Danışmanlar
Harvest GOLD USES THE TREND WAVE INDICATOR AND IT CAN IDENTIFY THE BEGINNING AND THE END OF A NEW WAVE TREND MOVEMENT. AS AN OSCILLATOR, THE INDICATOR IDENTIFIES THE OVERBOUGHT AND OVERSOLD ZONES. IT WORKS GREAT TO CATCH THE SHORT TERM PRICE REVERSALS AND USES A MARTINGALE STRATEGY TO CLOSE ALL TRADES IN PROFIT. USE DEFAULT SETTINGS ON H1 OR HIGHER TIME FRAME ON ANY PAIR FOR MORE ACCURATE TRADES WHY THIS EA : Smart entries calculated by 3 great strategies The EA can be run on even a $
ProfessorMoriartyMT4
Evgeniy Zhdan
Uzman Danışmanlar
The basis of the strategy is the identification of quick corrective movements between the crosses of a working currency pair or metal. At the moment of differences in prices of trading instruments, the adviser analyzes the possible direction of price movement on a working instrument and starts work. Each position has a stop loss and take profit. A unique position tracking algorithm allows you to control the superiority of profit over loss. The adviser does not use dangerous trading method
Heavy Duty
Elie Almachaalany
5 (1)
Uzman Danışmanlar
This is a fully automatic Expert Advisor. It can actually outsmart a market by placing BUY and SELL orders when the requirements are met. It uses an advanced technology to place orders in the right time with the right lot. This robot is designed for beginners yet expert traders: Most of the inner parameters are hidden from user so that even a beginner will not mess up. You can download this Ea and back-test. I personally used a 99.9% real tick data for back-testing for an accurate result.  All
Milch Cow Multi Pro
Mohamed Nasseem
Uzman Danışmanlar
Milch Cow Multi Pro EA   "is a tool designed to put in your hands the technical analysis tools and famous metatrade indicators  for 28 pairs of currencies in one chart It is also designed to enable you to trade manually and automatically side by side The expert includes all interactive screen features that help you adjust settings while the expert is operating with a large number of buttons and easy checkboxes. It also includes five indicators to generate the buy or sell signals the smart proces
Magic EA MT4
Kyra Nickaline Watson-gordon
3 (1)
Uzman Danışmanlar
Magic EA is an Expert Advisor based on Scalping, Elliot Waves and with filters such as RSI, Stochastic and 3 other strategies managed and decided with the robot smartly. Large number of inputs and settings are tested and optimized and embedded in the program thus inputs are limited and very simple. Using EA doesn't need any professional information or Forex Trading Knowledge. EA can trade on all symbols and all time frames, using special and unique strategies developed by the author. The EA
Trend Catcher with Alert
Issam Kassas
4.85 (61)
Göstergeler
Trend Yakalayıcı: Alarm İndikatörü ile Trend Yakalayıcı Stratejisi, piyasa trendlerini ve potansiyel giriş ve çıkış noktalarını belirlemede yardımcı olan çok yönlü bir teknik analiz aracıdır. Piyasa koşullarına uyum sağlayarak trend yönünün net görsel temsili için dinamik bir Trend Yakalayıcı Stratejisi sunar. Tüccarlar tercihlerine ve risk toleranslarına göre parametreleri özelleştirebilirler. Gösterge, trendleri tanımlamaya yardımcı olur, potansiyel ters dönüşleri sinyaller, trailing stop m
FREE
Climbing Scalper
Liudmyla Bochkarova
4.25 (8)
Uzman Danışmanlar
Climbing Scalper EA is a night scalper that trades during the calmest periods of the market. During this period the markets usually fluctuate and the advisor will trade within these ranges. Each trade will have an initial stop loss and take profit, but the EA also uses advanced stop loss management algorithms that will assess the strength of the trades. 8 copy left at 399, next price 499 Buy this EA, post a feedback and get  Golden Future  for free The advisor works on all pairs with a stable s
Blue CARA MT4
Duc Anh Le
Uzman Danışmanlar
| Fully-automated Smart Money Concept (ICT) inspired trading solution with multi-strategy capabilities | Built by a grid trader >> for grid traders.  This is MT4 version, click  here  for  Blue CARA MT5  (settings and logics are same in both versions)     Real monitoring signal  -->  Cara Gold Intro Blue CARA EA   ('CARA') - short for  C omprehensive  A lgorithmic R esponsive A dvisor is a next-gen  multi-currency    multi-timeframe  EA base on the widely known (and perhapse most popular) Inn
Magic Grid
Aliaksandr Charkes
4.5 (22)
Uzman Danışmanlar
Magic Grid is an indicator-free advisor that uses a grid strategy. The strategy is based on automatic reopening of grid pending orders, after closing their market positions (by Take-Profit, Stop-Loss or manually). Pending orders are placed with a specified step from the initial prices, which can be entered manually or generated automatically ( one time at the beginning of the trade ). The robot can trade on any time frame, on any currency pair, on several currency pairs, and on any number of di
FREE
FoxFx
Salavat Yulamanov
4.5 (2)
Uzman Danışmanlar
FoxFx, RSI göstergelerini kullanarak fiyatın ortalamaya döndürülmesine dayanan bir geri çekilme ızgarası ticaret sistemidir. Bollinger Bantları, farklı zaman aralıklarından Çift Stokastik!!! Kısmi kapatma ve pozisyonların korunması ile toplam kâra dayalı kapanış. Sinyal https://www.mql5.com/ru/signals/1525221?source=Site +Profile+Seller   Döviz çiftleri: AUDCAD, AUDNZD, NZDCAD. Zaman aralığı: M15 Danışman, tüm sembollerin ticareti için yalnızca bir grafik üzerine kuruludur Ara
Forex Fibonacci
Yuriy Kuzmin
4.43 (7)
Uzman Danışmanlar
After purchasing, you can request and receive any two of my products for free! После покупки вы можете запросить и получить два любых моих продукта бесплатно! The trading robot is designed for trading in the Forex market. Safety in trading: constant stop loss, take profit, protection from increased spread. The advantage of the advisor is trading Money Management (money management system) automatic lot calculation based on the size of your deposit, automatic installation and movement of Fibona
Bergland Gold MT4
Matthias Bessler
Uzman Danışmanlar
This fully automated trading system is part of the Bergland signal. It features a highly efficient trading logic, and a money management system. Reasonable calculated stop loss and take profit levels. It is easy to install and do not require a special setfile. XAUUSD, M15 Live Signal: Bergland Gold You can rent the Bergland signal here. If you like my product, please write a review.
Moving Autumn MT4
Mr Fares Mohammad Alabdali
Uzman Danışmanlar
Easy and simple,  Moving A utumn MT4 . You're the boss, watch, smile. Recommendations: Currency pair: GBPUSD ,EURUSD ,XAUUSD. Use Currency : One . Timeframe: H4 Minimum lots: 0.15 Platform: MetaTrader 4  Profit : 250  -200  Minimum deposit : $1000 IMPORTANT:   It is very impoportant to use LOW SPREAD accounts for best results ! VPS recommended  Committed to Continuous Improvement: We are dedicated to continually optimizing and enhancing our to provide you with the best possible trading exp
King Scalper USDCAD
Tran Thanh Tuyen
Uzman Danışmanlar
King Scalper EA  is an automatic trading robot to trade  USACAD . Using advanced calculations it opens and manages trading for you automatically. Its a strategy based on a series of indicators that measure the strength of the market to enter trades, when market conditions allow it. No experience is required and it’s easy to set up.  Using King Scalper is a way to improve your trading result instantly. With an Expert Advisor like King Scalper you can instantly start trading, a working system re
Intense
Evgeniy Zhdan
Uzman Danışmanlar
A trading expert studies the volume indicator patterns and their relationship to the main price movement. In case of detection of three or more similar patterns of price behavior, the adviser starts working. After each closed position, the adviser repeats the self-learning procedure. Each position has a stop loss and take profit. Each position is controlled by a trailing stop. Not scalping, NOT a grid, NOT a martingale. Recommended: Use on trading instruments (timeframe 5 minutes, def
Trends Hunter
Sergey Musin
Uzman Danışmanlar
Trends Hunter Expert Advisor is designed for medium-term trading. It is not a martingale and it does not depend on an account type (ECN, STP etc.) or spread level. This is a fully automated EA that features a custom algorithm for recognizing the price action and origination of a trend. If the EA identifies the beginning of a trend, one trade is opened. If a trend continues, the EA adds to the position. The number of addings is adjusted by the settings. Options Lots - fixed lot size; EMA1/EMA2
Goal Time
Mourad Ezzaki
Uzman Danışmanlar
GOAL TIME is an expert advisor based on the notion of time, it studies the change of price according to time, and it finally detects the best time to execute a good order. The EA is based on an indicator that draws a price curve in relation to time, this curve is deduced by an algorithm that analyzes old data. Then, the EA exploits the generated curve and executes the correct order. In case of incorrect choice, the EA has the mission to limit the losses. After a thorough study of this strategy o
Simple RSI Forex Trading Strategy
Victor Manuel Valderrama Zamora
2.5 (2)
Uzman Danışmanlar
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when RSI indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is EURGBP and the recommended timeframe to operate and to do backtests is H4. This Expert Advisor can be profitable in any TimeFrame a
FREE
Forex Auto Trading EA
NGUYEN NGHIEM DUY
Uzman Danışmanlar
Forex Auto Trading EA   is an Expert Advisor designed specifically for trading Forex Automatic 100%. - Min depost: 5,000$ for each Pair - Timeframe: D1 - Setting: Default Setting - Good Trading Pair: Best pair is AUDCAD, or Forex Pair have Daily Price range from 0.8 ~ 1.1, and have H1 H4 sideway chart. - First, before attach EA to chart, you need add   http://calendar.fxstreet.com/   in the list of allowed url in the tab 'Expert Advisors'   (Tool —> Option —> Expert Advisors —> Allow WebReque
Risk Manager m4
Maryna Shulzhenko
Uzman Danışmanlar
Risk Manager   at a Glance: A Revolutionary Robot with a Unique Trading System Risk Manager is a revolutionary robot. With its unique trading system using sentiment analysis and machine learning, Risk Manager is a game changer when it comes to executing trades. You can work on any hourly period, any currency pair and on the server of any broker. Risk Manager is a trading robot that uses its own algorithm to make trading decisions. Different approaches to analyzing input information are used,
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Summer 40% discount ($149 -> $88) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extend
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DaneTrades Ltd
5 (3)
Yardımcı programlar
Üye olduğunuz herhangi bir kanaldan (özel ve kısıtlı olanlar dahil) sinyalleri doğrudan MT4'ünüze kopyalayın.  Bu araç, kullanıcıyı göz önünde bulundurarak tasarlanmış olup işlemleri yönetmek ve izlemek için ihtiyacınız olan birçok özelliği sunar. Bu ürün, kullanıcı dostu ve görsel olarak çekici bir grafik arayüzünde sunulmaktadır. Ayarlarınızı özelleştirin ve ürünü birkaç dakika içinde kullanmaya başlayın! Kullanıcı Kılavuzu + Demo  | MT5 Sürümü | Discord Sürümü Demo denemek istiyorsanız lüt
Click and Go Trade Manager
Victor Christiaanse
5 (11)
Yardımcı programlar
Click and Go Trade Manager, the ultimate solution for seamless trading execution. With a simple click on the chart, you can effortlessly define your stop loss, entry price, and target levels. No more hassle of inputting values manually - it's made incredibly intuitive and easy. Embedded risk management is a key feature of our Trade Manager. We understand the importance of protecting your investments, which is why the Click and Go Trade Manager incorporates risk management. When placing orders,
KopirMT4 Copy trades for MT4
Alexandr Gavrilin
4.58 (90)
Yardımcı programlar
The adviser has been withdrawn from sale /    Советник снят с продажи  KopirMT4 (CopierMT4) - transaction copier for the MetaTrader 4 terminal, copies (synchronizes, duplicates) transactions from any accounts (copier, copy dealers).  Supports copying: MT4 <-> MT4, MT4 -> MT5 Hedge, MT5 Hedge -> MT4 Support:  https://www.mql5.com/ru/messages/01c3f341a058d901 Why exactly our product? The copier has a high speed and is not dependent on ticks. Copy speed - less than 0.5 sec. Transactions are c
MT4 to Discord
Trinh Dat
4.29 (7)
Yardımcı programlar
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
Ultimate Trade Manager plus Mobile by RunwiseFX
Runwise Limited
5 (2)
Yardımcı programlar
Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Trade Copier Global
Laszlo Tormasi
5 (17)
Yardımcı programlar
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Severa
Grid Manual MT4
Alfiya Fazylova
4.74 (19)
Yardımcı programlar
Grid Manual, sipariş ızgarasıyla çalışmak için kullanılan bir ticaret yardımcı programıdır. Yardımcı program evrenseldir, esnek ayarlara ve sezgisel bir arayüze sahiptir. Sadece kayıpların ortalaması yönünde değil, aynı zamanda kazanç artışı yönünde de bir emir ızgarası ile çalışır. Tüccarın bir emir ızgarası oluşturmasına ve eşlik etmesine gerek yoktur, bu yardımcı programı yapacaktır. Emri açmanız yeterlidir ve Grid manual otomatik olarak ona bir emir ızgarası oluşturacak ve kapanana kadar ona
PZ Custom Trader EA
PZ TRADING SLU
3 (2)
Yardımcı programlar
Would you like to automate your trading using a custom indicator of your choice? This EA trades using almost any custom indicator. It offers fully customizable settings, flexible position management, customizable trading sessions and weekdays, an inverse mode and a martingale mode. All the robot needs from you are two inputs: The filename of the indicator to trade The signal buffer or the buy/sell buffers to call That's it! The signal buffer or the buy/sell buffers should be provided by the dev
DrawDown Limiter MT4
Haidar, Lionel Haj Ali
5 (9)
Yardımcı programlar
Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
Auto Trade Copier
Vu Trung Kien
4.71 (92)
Yardımcı programlar
Auto Trade Copier is designed to copy trades to multiple MT4, MT5 and cTrader accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from provider to receiver perfectly. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5 . Reference: - For MT4 receiver, please download Trade Receiver Fre
TPSpro Trade PRO
Roman Podpora
5 (4)
Yardımcı programlar
An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
Discord To MT4 Copier
Trinh Dat
5 (2)
Yardımcı programlar
The product will copy all  Discord  signal   to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up. Work with almost signal formats, support to translate other language to English Work with multi channel, multi MT4. Work with Image signal. Copy order instant, auto detect symbol. Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. How to setup and guide: Let read all details about setup and download Discord To MetaTrade
Trading box Order Management
Igor Zizek
5 (38)
Yardımcı programlar
Summer 50% discount ($199 -> $99) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget tra
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Types of Forex Trend Indicators
Li Na Yu
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Reviewed by   Many  forex  traders spend their time looking for that perfect moment to enter the markets or a telltale sign that screams "buy" or "sell." And while the search can be fascinating, the result is always the same. The truth is, there is no one way to trade the  forex markets . As a result,  traders must learn  that there are a variety of indicators that can help to determine the best time to buy or sell a forex  cross rate . Here are four different   market indicators   that most su
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Li Na Yu
Yardımcı programlar
In this section, we go through the top 10 best indicators for forex in more detail so you can see them in action and incorporate them in your trading. To do this we will be using the technical analysis charts and indicators provided by top-rated broker eToro. You can also use these forex indicators for   Metatrader 4 .   1. Moving Averages Moving averages is one of the best forex trend indicators there are. They help to smooth price data so you can identify the overall market trends. The levels
The Best Forex Indicators For Currency Traders
Li Na Yu
Yardımcı programlar
Achieving success in the foreign exchange (forex) marketplace can be challenging. Nonetheless, traders from around the globe, both experienced and novice, attempt to do exactly that on a daily basis. Given the above-average failure rate of new entrants to the market, one has to wonder how long-run profitability may be attained via forex trading. Among the many ways that forex participants approach the market is through the application of technical analysis. By definition, technical analysis is
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