How the robot works
Analysis
Our EA uses a principle of the Market analysis developed by us, and does not use any indicators. Special algorithms of the EA directly analyze the nature of price movement. Depending on the specificity of the price movement, a corresponding pattern is being activated.
20 patterns
FXConstant includes 20 independent patterns, which are constantly being compared to current Market conditions. If a pattern finds a match of the Market behavior with its built-in instructions, it is being activated and opens a trade in the necessary direction.
Trade management
Depending on which of the 20 patterns is activated, the system uses a trade management algorithm that is individual for this pattern. For different patterns, different algorithms are used, indicating the following: when to close a trade, in which direction to open a new trade, and when to finish the trading of a selected pattern.
