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5 reasons to use Forex Robots (EA) for automated trading (algorithmic trading)

Posted on November 10, 2020November 10, 2020 by frugaltimesinc
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Trading robots (Expert Advisors EAs) are applications for MetaTrader terminal (Mt4). They can save you time from routine operations and from computing huge amounts of data for analyzing charts and making trading decisions. Robots open and close deals automatically depending on their inner algorithms.

  1. Robots never get tired, they trade around the clock and provide more trading opportunities.
  2. No human factor – deals are based purely on pre-defined conditions and not emotions.
  3. Robots are faster than humans: quotes analysis, complex calculations and making trading decisions take fractions of a second.
  4. High accuracy of calculations. No errors caused by fatigue or carelessness.
  5. Robots can save your time. While a robot is trading, you can do something else.

Install a trading robot!

 


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