Forex automated expert advisor programs go by many names including forex robots or bots, EAs, forex auto trader programs, etc.; but all these terms refer to a handful of similar programs.
Forex EAs are programs that use new advanced algorithms to manage your foreign exchange investments 24/7 in real time and help you to maximize your earnings. A few of the many features you will find with these programs include:
- Stop-loss technology, programing designed to cease trading when your current markets are performing poorly; may be overridden but will ensure your EA does not make poor trades
- Advanced algorithms to determine trades, analyzing current trends as well as historical trends to choose exactly when to buy and sell to maximize profits. A sort of automated market speculation that far surpasses that of even the most professional foreign exchange investors
- Easy to use interfaces, you no longer need to be a computer whiz, or even a forex expert to figure out how to run these programs
- User set variables, you may make these programs trade in the manner you see fit
- Great bonuses, most all programs now include bonuses like free demo accounts with fake money to practice, broker accounts with most MT4 brokers to start with free cash up to $100, free additional software such as trend calculation software
If you ever thought of getting into forex trading but didn't know enough, are tired of middlemen/brokers, or failed before but know there is money to be made and want an easier way to make it then a forex EA may be for you.
Market leading Forex Expert Advisor Programs Reviewed side by side |
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