One of the biggest problems of auto forex trading are the varying markets. Many EAs fail at this. Others mess up fully because they were built in some scenarios and then the conditions all of a sudden changes leaving the system at a loss. The traders are often left puzzled of what happened. The answer to that difficulty is of course making use of different strategies for varied conditions. There are not that many different market types. Trending, ranging and choppy markets are the main classes. Some EAs such as Forex Black Panther implement different methods to address the problem. It’s not that difficult in a nutshell. If there’s one system for every market type, it’s possible to mix them all together, even if that suggests swithing them by hand. Of course the best programss are able to mechanically note the market type and switch on the right strategy.

When you’re trading manually, you always do it. You select a plan for the proper market type, or wait for the correct market type to occur. Then maybe it’s a good idea to employ a programs only under specific market conditions if the rest fails.