Automated Trading
An Expert Advisor is an automated trading system (ATS) written in the MetaQuotes Language II (MQL II) and linked to a particular chart. That Expert Advisor is not only able to notify you of trading opportunities, but can also execute trades on your trading account, sending them through to the trading server. Expert Advisors will also let you test your strategies on historical data, and will plot entry/exit points on the chart.
"...automation undoubtedly offers huge potential in terms of low cost trade management. A human trader has physical limitations on the number of markets he/she can trade; although a machine has theoretical limitations, its threshold is far higher."excerpted from
Automated trading,it's not just about the speed....
by Andy Webb. Automated Trader April 2006
1 comment:
Hello Ya'll,
Below is a list of the most recommended FOREX brokers:
1. Best Forex Broker
2. eToro - $50 min. deposit.
Here is a list of money making forex tools:
1. ForexTrendy - Recommended Probability Software.
2. EA Builder - Custom Strategies Autotrading.
3. Fast FX Profit - Secret Forex Strategy.
I hope you find these lists beneficial...
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