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Thread: Advantages of EA

  1. #1
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    Advantages of EA

    In this topic, let's share some advantges one can derive from using EA....

  2. #2
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    Re: Advantages of EA

    The advantages of the EA are you can set up the
    trades anytime each day so it is semi-automatic
    (need to change the date and check the ADR
    each day). No need to sit and watch the screen
    all day. No difficult calculations as the settings are
    entered in pips not prices.

  3. #3
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    Re: Advantages of EA

    The major advantage of trading with a EA is for the traders who have money but other business to take care of and no time to trade in the markets and they can trade in markets for 24 hours with the help of EA. Also there are traders who have no knowledge and still want to trade can use EA.

  4. #4
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    Re: Advantages of EA

    Another advantage is that they allow filtering entries and predict good exits as well

  5. #5
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    Re: Advantages of EA

    Forex market are open 24 hour in a day and price are changin every minutes, thats why trade using EA are really good because you can make profit any time although you are asleep

  6. #6
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    Re: Advantages of EA

    You do not need to pay any commission.
    Many people have second thoughts about
    engaging in forex trading because they think
    that they have to spend too much money to
    start trading or even to start earning. With the
    use for a forex robot, you do not have to get
    hold of brokers nor do you need to pay them
    commissions. That way, you can start trading
    immediately without putting out commission
    money.

  7. #7
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    Re: Advantages of EA

    That's right @emex, robots are use to ease our stress of trading. :download:

  8. #8
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    Re: Advantages of EA

    You do not need any middlemen. If you are
    not comfortable in commissioning a
    middleman or a forex broker, then the use of a
    forex trading robot eliminates that need. You
    can deal directly with the foreign exchange
    market using an electronic exchange way.

  9. #9
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    Re: Advantages of EA

    @donies - Although EA trades for 24x5 in the markets and trades while we are asleep also but that does not mean that all the trades are in profit. It is the Sum total of all the trades which might be in profits and that too when a EA is a very good one and profitable EA.

  10. #10
    Senior Member kalex76's Avatar
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    Re: Advantages of EA

    The biggest advantages of EA's are ..they are time saving and automated ..they can handle any kind of trading system based upon their working pattern and thus handle many trading orders at a time. :good2:

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