Automated Trading Software

Expert Action trades the currency markets using the industry standard Metatrader MT4 platform.
We have developed, tested and used our own proprietary trading software to achieve our sustainable, consistent trading results.

We have developed, tested and used our own proprietary trading software to achieve our sustainable, consistent trading results.

Expert Action’s automated software has the following characteristics:-
It is automated software. This means that the computer enters trades, modifies trades and closes trades.
* The software has preset default take profit prices and stop loss prices.
* Within the default take profit and stop loss settings, the software adjusts the closing of trades to maximise profits and reduce losses if the initial trade direction turns out to be incorrect.

The main benefits of using automated trading software developed using our own algorithms are:-
* The software operates 24/7 whenever the currency markets are open which is usually 5 days a week. This avoids having to have a person awake in the middle of the night to manually trade.
* Software takes out human factors such as fear and greed.
* Use of software allows for extensive backtesting to ensure that the trading algorithms are as good as we can make them.

Automated Trading with EAs

Manually placing trades, setting stop losses and take profit levels, monitoring trades, setting up new trades all takes time and effort. This is especially true as we are in Sydney and the most active markets are London & New York - markets open during Sydney's evening and nights. Who wants to be awake and trading at 3AM?

A better way is via automated software which is called an Expert Advisor or EA for short. EA are computer programs that automatically execute forex trades with no human intervention.

EAs are used to eliminate the human factor. This takes the emotion out of trading. People react to sudden movement which in the fuller picture is not that relevant at all.

Researching, developing and deploying EAs is what Expert Action does.


Risk Minimisation for Trading Forex Market

As FX trading has risks, Expert Action has taken many steps to minimise these risks. Clearly the one main strategy is by using EAs to trade automatically. A review of some of our other risk minimisation strategies are:

1. Low lot size per trade.
2. Automated system.
3. Extensive backtesting.
4. Sophisticated stop loss system.
5. Diversification strategies as to forex brokers.
6. Use of virtual servers located in New York close to the world’s major forex market.
7. Forex market trades billions of dollars each day so there is a larger, statistical market.

Some strategies are proprietary and strictly confidential.


General Information Disclaimer

This website is for general information only. Trading on the forex market involves trading in margin foreign exchange and other derivatives and can be risky and these products are not suitable for everyone. Past performance is not indicative of future performance. Any general discussion of forex trading does not take into account your personal objectives, financial situation and needs. It is possible to lose some or all of your or your client's funds, so do not trade money that you cannot afford to lose through forex trading.