Detailed Description of Moving Train Expert Advisor 2011

Moving Train Expert Advisor

The Moving Train Expert Advisor (EA) was developed by a team of sophisticated technical analysts and is comprised of a complex set of technical indicators that will provide accurate entry and exit points in trading the Forex market. However, to successfully use the Moving Train, its important to apply proper risk management as well.

By default, the Moving Train EA trades 1 mini lot per trade, but that setting can be modified to any amount allowed by your broker. The following parameters are our recommened lot sizes per trade amount based on our analysis of the EA. We highly recommend, however, using personal discretion when choosing your lot size and using the following information only as a guide.

Forex Systems does not provide personalized trading account recommendations, but we do provide the guide above and recommend testing various trade amounts in the demo / backtesting to find the trading parameters that meet your needs and risk tolerance.

BACKTESTING

An exciting and fun way to use the Moving Train Expert Advisor is to backtest against historical data to see how the Moving Train EA would have performed in the past as you evaluate it its current performance in your demo account.

Backtesting with MT4 is easy to do, and can be done by clicking the View:Strategy Tester option or by clicking CTRL-R while in the platform. That will open up the the Strategy Tester Window at the bottom of the platform.

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