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Magic number Forex – The Expert Advisors is a free lecture from Algorithmic day trading – Top 10 USDJPY Expert Advisors. Enroll here: https://eaforexacademy.com/courses/algorithmic-trading/top-10-usdjpy-expert-advisors-algorithmic-day-trading/
Magic number Forex stands for the magic number that the trade uses for his Expert Advisors.
The Magic number Forex is used when the trader places the EAs over the trading chart. This is a unique number for each strategy. This Magic number Forex is beneficial when we trade many Expert Advisors in one account.
It helps the trader to identify the opened trade, so the trader would know which strategy or Expert Advisors executed the trades. In this course, you will see a demonstration with 10 Expert Advisors, which is a relatively small number of strategies trading in one and the same account. In some courses from EA Forex Academy, you will 99 Expert Advisors trading simultaneously. With the Magic number Forex, it would be impossible to recognize the strategies.
Now the Magic number Forex is useful when we connect the trading account with a statistical website as FX Blue(it is demonstrated in the course). Once connected to such a website, the trade has a great view of all statistics for all Expert Advisors. The Magic number Forex identifies, which is the connected Expert Advisor and shows precise stats.
The third moment when the Forex Magic number is beneficial is when the trader closes the Meta Trader account. Once reconnected, the Magic number Forex helps the Expert Advisors to recognize the opened trades, and they continue to manage these positions.
The Top 10 USDJPY Expert Advisors course will teach you how to create your own Expert Advisors without programming skills. It will give you the possibility to automate your trading and, at the same time, to practice with 10 EAs for USDJPY.
The course is included in our Packages:
https://eaforexacademy.com/packages/
The EAs in the course are created with the following program:
★ Forex Strategy Builder Pro – 2 weeks trial:
https://eaforexacademy.com/software/forex-strategy-builder-professional/
★ Test EA Studio with a 15-day trial and get the FREE course:
https://eaforexacademy.com/software/expert-advisor-studio/
Before you start practicing, have a look at the brokers (and Crypto exchanges) that our traders use:
https://eaforexacademy.com/trusted-forex-brokers/
� If you have any questions about magic numbers Forex, please, write in our trading Forum.
https://eaforexacademy.com/forums/forum/general/
All our online algorithmic trading courses:
https://eaforexacademy.com/courses/algorithmic-trading/
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Magic Number Forex – The Expert Advisors finviz forex