EA Automated Trading
What is EA?
EA is known as Expert Advisor
It is an MT4 automated trading program based on the MQL4 language.
Why use EA
1. Mechanical execution of stop profit / stop loss strategies
2. Remove the adverse effects due to human behaviours
Senior traders often have their own quantitative trading strategies as manual monitoring may often lead to missing out on opportunities. Due to this, we suggest that traders should build their own Expert Advisors software, and by automatically executing trades 24 hours a day based on their pre-defined conditions, the potential profits can be reaped in.
- Fully automated
- Can be backtested
- 24 hours non-stop operation
By using the Expert Advisors software, not only can you save time for trading, but you can also backtest the profitability of your script given prior circumstances before deciding whether to implement the script to the live trading environment. No matter where you are, the EA will automatically trade for you around the clock, allowing you to free your time.
How to get an EA1.Online resources
2.Build it yourself
3.MT4 Market built-in MT4
MT4 users can find various paid/free EAs on the Internet, or open the MetaEditor program preloaded in MT4 to build their own trading indicators to their own EA. If the trader wants to quickly find EAs, just open MT4, look for the NAVIGATOR bar, right-click on Expert Advisors to open the MT4 Market to find and purchase thousands of EAs, and quickly complete the installation with simply one click.
Browse the official introduction of EA from the MT4 MARKET
How To Launch EA and Backtest
Why use EA with Z.com Trade?
As the usage of EAs will lead to frequent transactions, each transaction will incur a trading cost to the trader. Even the smallest additional mark-up in spread will lead to an enormous difference in trading costs. Z.com Trade aims to minimize its spreads in order for you control your costs.