Why Automated Trading

Update: Dec 15th, 2009

ea Why Automated Trading

A MetaTrader Expert Advisor (a.k.a. Forex Trading Robot, EA, Automated Forex Trading Software) is a very sophisticated trading software tool. Expert Advisors trade automatically, managing all aspects of trading operations from sending orders directly to your broker, to automatically adjusting stop loss, trailing stops and take profit levels. However, in volatile market conditions, substantial losses may still occur.

We believe many investors fail because they fall prey to the human emotions. Expert Advisors eliminate emotional trading decisions so that trades are executed on a purely logical basis. We believe Expert Advisors allow investors to exercise a very strict trading system without moving outside pre-programmed parameters and it is this consistency that make these programs so attractive to serious investors. The Expert Advisor watches the market 24 hours a day 5½ days per week during market hours and will execute trades based upon the predefined parameters. Unlike a human, it is capable of monitoring indicators, support and resistance levels, and many other factors in multiple timeframes and making immediate decisions.

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