Whale EA MT5 is a robust forex trading expert advisor (robot) developed to trade the forex market on MetaTrader 5 platform. This trading strategy implements a professional approach to trading and it’s quite similar to the hedge fund style of trading.
This expert advisor is based on simple trend following system. Whale EA 1.0 version of this robot can trade every asset class that appear in your MetaTrader 5 platform.
This robot trades on a proven trading strategy. This strategy is not limited to trend following approaches only, it can trade reversals too.
Whale EA 1.0 applies conservative money management techniques you can always expect very minimum drawdown with this trading robot.
Trade Multiple Asset Classes
As I already mentioned above you can use this expert advisor to trade different financial markets. The range of the financial assets you can trade using this automated system are- forex, commodities, stock indices, government bonds, and stocks.
Because all these market has different trend and behavior it is recommended to trade a wide range of financial instruments.
Sometimes when the stock market is boring to trade, the bond market may offer very interesting opportunities and such things keep on happening in the real-life trading world.
Expert advisors are made to trade the markets automatically. Displaying indicators in the chart is not the concern of an expert advisor. Some Expert advisors are available with visual display too which makes feel the traders that they know what they are doing. But it is never mandatory to use indicators in the chart when you use EA.
Optimization and Back-testing
Optimization and backtesting are advanced yet very important factors of technical trading. You may require optimizing your technical indicators to the specific financial instruments before you start trading them.
MetaTrader platform allows you to backtest and optimize your technical indicators. Use your trading system to trade real markets only after you get positive results on back-testing of a large set of