How does a EA work?
An EA is responsible for organizing and managing an executive's life, often including both business and personal appointments and engagements.
Can forex EA make money?
It is immediately worth to clarify the misconception and the ingrained beliefs that traders can find a Forex EA able to trade autonomously and make systematic profits, to resume, is absolutely impossible.
Are expert advisors profitable?
But yes it possible to be profitable with an EA. But like others have said, I don't think there is any such automated trader that will work all the time as market conditions change. So many EA's have to be used at the traders discretion or continually optimized.
What is an expert advisor in trading?
Expert Advisors (EAs) are programs that run on the MetaTrader 4 (MT4) platform, used to monitor and trade financial markets using algorithms. They find opportunities according to the parameters you set, then either notify you or open a position automatically.
Do expert advisors work?
How do Expert Advisors work? EAs work by enabling you to set the parameters by which opportunities are found, and positions are opened and closed – essentially using a set of yes/no rules to trigger trading decisions. You can either build an EA for yourself, or import one that someone else has built.
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