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    Thread: Why there in need to creat EA

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      Default Why there in need to creat EA

      I have seen lot of thread on EA so i want to know the main purpose of creating EA


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      Quote Originally Posted by faheemali01 View Post
      I have seen lot of thread on EA so i want to know the main purpose of creating EA
      A adviser trades according to his settings. In other words, the trade is robotized and occurs automatically.
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      Quote Originally Posted by faheemali01 View Post
      I have seen lot of thread on EA so i want to know the main purpose of creating EA
      EA will help you in trading, it can trade in your place when you're busy doing other things or when you sleep. A good EA can make money for you without doing anything, all you need to do is to isntall it on your tradinf platform


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      Quote Originally Posted by faheemali01 View Post
      I have seen lot of thread on EA so i want to know the main purpose of creating EA
      You are not obliged to create your own EA if you want to use it, if you need an ea you can hire a programmer to code it for you. EA is a robot trader that can trade automatically.


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      Quote Originally Posted by faheemali01 View Post
      I have seen lot of thread on EA so i want to know the main purpose of creating EA
      For people who wants to automate their trading, they can always write a program by including all the necessary action, rules or indicators in it. It could help a trader to handle the trading part automatically and spend more time to do other important stuffs like analyzing the market, etc.


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      Quote Originally Posted by faheemali01 View Post
      I have seen lot of thread on EA so i want to know the main purpose of creating EA
      expert advisor is a robot for automated trading , there are peoples who have a good strategy but not have time to trading they can use ea for automated trading
      there are peoples who use strategy of scalping and need to control chart all time and this is not easy , they can use ea for this strategy


    7. The following 2 users say Thank You to rayeswahbi for this useful post.

      grrla (09-26-2018), moneygrows (09-27-2018)

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      Quote Originally Posted by rayeswahbi View Post
      expert advisor is a robot for automated trading , there are peoples who have a good strategy but not have time to trading they can use ea for automated trading
      there are peoples who use strategy of scalping and need to control chart all time and this is not easy , they can use ea for this strategy

      it is a good way to help us save time in order to plan our trading more effectively. Sometimes we dont even need full robot to run, just a script


    9. The Following User Says Thank You to grrla For This Useful Post:

      moneygrows (09-27-2018)

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      Quote Originally Posted by grrla View Post
      it is a good way to help us save time in order to plan our trading more effectively. Sometimes we dont even need full robot to run, just a script
      Pretty much that is the main reason why people are using robot or expert advisor because the want to automate the whole process.


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      Default Re: Why there in need to creat EA

      its robot trading bro i also did not using robot but my friends use and get profit from it ... its way of trading autometicaly


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      Default Re: Why there in need to creat EA

      I assume the reason for robots or expert advisor is to remove the emotional turmoil that could be involved in trading and also to remove second guessing. moreover a robot can scan a whole lots of currency pairs within a few minutes looking for a specific set up. it is very accurate on opening and closing positions


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