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I currently have a indicator that gives me a buy zone and 3 TP levels, I'd love to automate it but again it's only a indicator. Is there an EA or any way I can automate this process so I wouldnt have to enter these trades manually?
I'm newer to forex trading and I'm unsure of how trading works with leverage so I'll just include a slight example with my question
If my account has a $100 balance and leverage of 100:1 (total $10,000) will my account balance empty if the trade goes past -$100 or continue to trade with leverage?
I've been using simple system for quite some time but I've been losing trades even with back testing and forward testing this ea, does anyone have any suggestions on better Ea's or any experience with simple system?