What is a Forex Expert Advisor (EA) and How Does it Work?
Automated Forex Trading
About EA Trading
AUD/NZD is derived from the full-form of the currency pair, the Australian dollar, and the New Zealand dollar. It comes under the classification of cross currency pairs. In this pair, AUD is the base currency, and NZD is the quote currency.
>> The Ideal account is to trade the AUD/NZD on ECN Model Account
>> Better way of trading AUDNZD is EA automated trading.
AUD / NZD
Automated Trading EAs
Same design with different factor setup makes different EAs
Quick Profit EA
High frequency trading style. Good for recent years. Best for 2020 and 2021.
Fair Profit EA
Medium frequency trading style. Good for recent years. Good for last 10 years and future.
Lower DrawDown EA
Less trading chance and better entry condition to make DrawDown lower. Safer trading for all years.
AUDNZD
Screen Shot
Ideal EA trading style
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EA BackTestQuick Profit 1.0
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TimeframeM5
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Size0.01 Lots for $100
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Spread<=23
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Trade opened Maxium2
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TP/SL200/200 pips
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Open/Close Factor18/28