Types of EA Trading: 1. Trend EA Today, the most common and mature EA strategies judge trends and trades based on various index strategies.
2. Hedging EA conducts long and short hedging trades through the correlation of price fluctuations of different currencies.
The biggest disadvantage of currency hedging EA is that it cannot be backtested, that is, it cannot know how the market has traded in the past, but can only observe the existing trade through the real price quote.
3, Grid EA Grid EA by dividing K lines into equal or unequal point spacing, reach the spacing point to trigger trading.
Advantages: perfect capital curve, profit is very stable, small capital position is very safe, with regular gold, the risk is very small.
Cons: Not suitable for small capital accounts or heavy hand count transactions.
4. EAEA is highly profitable and orders are placed within the interval that brokers delay quotes, with short trading times of milliseconds.
The disadvantage is that the requirements for platform dissemination and trading environment are particularly high.
At present, there is basically no platform suitable for long-term stable scalp trading.
5, Integrated EA Integrated EA combined the above several EA strategies, but some EA although the trend entry, but the use of extremely aggressive money management, magnifying their risk of implosion.
Some grid EA used Martingale like money management (Martin Gel method, similar to adding positions against the market), gave up the market neutral entry strategy, but use some indicators to judge entry.