Fundamental Expert Advisor?

MattaMidus · (#1 (**permalink**))

Hi this is my first thread/post ever in the world of forums so bear with me. I was wondering if its possible to program an EA that uses live fundamental analysis uploaded from a website along with technical analysis to trade? If so where would one do/learn how to do this?

Also on a side note what is quantitative analysis and how can it be applied to Forex?

Any help would be most appreciated!

-MattaMidus

fixaprobl · (#2 (**permalink**))

The Technical & Fundamental Expert Stock Advisor is great for novice investors as well as a time-saver for Expert Investors.

Best Regards.

Ricex · (#3 (**permalink**))

Hi, in my opinion expert advisers do what they do because they use formulas of the type if A+B = C buy, but if A+B = D sell. Black or white, on or off, 0 or 1 type decision making. A little more sophisticated than that perhaps but that's the basic logic.

Fundamental data is much more subjective, and often leads to a maybe, could be, might not, sort of situation. We see this very clearly on news events sometimes when we have an initial knee jerk reaction in one direction and then once all the calculations of what the figures really mean are done the price changes direction again, and under certain conditions the same figures will give different results depending on risk appetite in the market.

How would you program that into an EA?

Quantitative analysis I believe is better used on stocks rather than currencies and is very complicated. It would be a lot of work for no real gain in the forex world, there are much better, and more effective ways of analysing than this.

MattaMidus · (#4 (**permalink**))

Thanks guys you really shed some light on the subject for me and hopefully other people with similar questions. I guess ill just stick with the black and white and stay away from the grey for now.