Currency trading trading doesn't always go smoothly, and sometimes it can be frustrating. Some Currency trading traders can become greedy or fearful, and for this reason, they are often inclined to make bad decisions that can negatively affect their accounts. One way to avoid this issue would be to use an Expert Advisor, or EA. An EA is an automated trading system, which automatically opens and closes trades based on preset rules.
"Though we do not recommend specific EAs due to their unpredictability, some professional traders
found them to be of benefit."
Currency trading trading is a 24/5 market. Being active round the clock isn't possible for humans, however, a machine can trade for several days without ever needing to take a break. In addition, EAs can be used on a number of Currency trading trading platforms. Some of them allow traders to fully customise their trading systems, and then use them on a personal account, such as MetaTrader 4 and MetaTrader 5. This article will focus on what EAs are and how they work.
One EA can be set as master (provider) or slave (receiver). The receiver lot can be set to
providers lots. Any type of copy is available.
MT4 -> MT5
MT4 -> MT4
MT5 -> MT5
MT5 -> MT4
Just Copier can copy Pending Orders, Stoploss and Takeprofit. In one terminal, "Just Copier" can be functioning as a Master and at the same time also as a Slave. So that Just Copier can be used as a tool to copy trading as a Slave and then immediately send trading signals as a Master. Slave mode can copy several Masters. Button on Master / Slave: shows Running / Stop..
"Sophisticated and Proven Expert Advisor, with a lot of successful back-testing and usage documentation. 7/24 hour support for your questions." Gold Trading (highly recommended) or Currency Trading Based on more than 19-25 thousand candle patterns HOURLY (H1) and the Tunnel Channel trendline Leading Indicator. Certain trading days can be set Hours to avoid trading can be set The number of orders can be limited Automatic stop when close the target This article will focus on what EAs are and how they work.