Trade Expert (EA)
Expert Advisor (Expert Advisor, Expert Advisor, stock trading robot) - mechanical trading system (MTS), which works on the basis of the algorithm set by the author. Trading Expert Advisor is intended for automated opening/closing of positions (deals). The system can work both in the informational mode (notification of signals for market entry and exit), and in the mode of automatic execution of transactions (without confirmation or trader's participation).
Expert Advisor (Expert Advisor) - is a software application for trading terminal. Depending on the preferences, goals of the trader and the specified algorithm, the Expert Advisor can open/close positions on the breakdown of important support/resistance levels or based on the indicators of the included technical indicators.
The advantage of an Expert Advisor over manual trading is that, unlike a human being, it is not affected by psychological factors, and there is no violation of trading discipline.