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Additional FAQ

EA is programmed to manage trading activities based on the strategy and method automatically. This automated trading tool helps traders avoid making mistakes in analyzing, especially if they plan to open many trading positions. EA is quite popular among scalpers, particularly for those who can't manage to be full-time scalpers.

Continue Reading at The Secrets of Successful Scalping Strategy

You must be careful in choosing the software because not all of the features work properly. You need to know that the software is not wholly automated because sometimes you still have to decide the stop loss level and the profit target by yourself. The software function is just for helping in monitoring the positions when you can't be bothered to check them.

Continue Reading at The Secrets of Successful Scalping Strategy

Here are some highlights that might help you improve your EA trading experience:

  • Analyze the market conditions.
  • Get ready to exit.
  • Choose non-correlated EAs.
  • Allocate more funds to high-performing EAs.
  • Use reliable co-located VPS.
  • Last but not least, backtest your EA using real-life data.

Continue Reading at Pepperstone for EA Trading: a Beginner's Guide

By the use of expert advisors or EAs, MT4 can provide completely automated trading. These EAs may be programmed using the platform's built-in MetaEditor and back-tested using the strategy tester on historical data.

MetaQuotes features a sizable online community that allows users to discuss and exchange a variety of topics, including indications, templates, and ideas. In addition to this, it is equipped with a built-in marketplace where users may subscribe to various automatic trading signals and methods.

Continue Reading at Is Vantage WebTrader Good for Beginners?