OANDA Japan enriches education section by adding EA page
Online trading company OANDA Japan today announced further enhancements to its OANDA Lab education website.
OANDA Lab is introducing a section dedicated to expert advisors (EAs) – bots that do the trading according to preset algorithms removing the need for manual trading. Let’s note that EAs typically work on the MetaTrader 4 (MT4) platform. OANDA is one of the handful of Forex brokers in Japan that offer MT4.
Thanks to the new section, clients of OANDA Japan get access to content about the basics of automated trading. The broker has prepared a commentary page for beginners and intermediate and advanced users about the automatic trading of Forex using EAs.
For beginners, the information includes EA parameter setting, precautions for backtesting, as well as directions on how to build a portfolio. For intermediate and advanced users, the broker has provided practical techniques while showing specific MQL sources.
Earlier in November, OANDA Japan introduced a technical analysis commentary page. In the technical analysis section, the OANDA team provides detailed information about moving averages, Ichimoku indicators, Bollinger Bands, etc, which are indispensable for Forex and CFD trading.
The aim is to explain typical technical analysis in an easy-to-understand manner using actual charts.
The OANDA Lab education site also offers various other information useful for Forex trading. For instance, traders get to learn about using trading platforms such as MT4 and TradingView. Let’s note that the OANDA Lab information can be used for FX market analysis.