Automated trading

Automated trading

Main feature of MetaTrader 5 Expert Advisors is automated trading. You have an ability to rely trading decisions on the robot so there is no need to sit in front of the monitor all day.

Expert advisors can automatically open, manage and close the positions based on programmed trading logic so very few human actions are required for EA maintanance.

Backtesting features

MetaTrader 5 platform allows to backtest Expert Advisors so you can get the statistics for a decent period of time to calculate future perfomance according to previous results.

To ensure in trading strategy backtest is a vital requirment because it has to be tested on a decent time period to eliminate risks of occasional success.

Backtesting features
eliminating emotions trading

No emotions

Another vital feature of using Expert Advisors is eliminating emotions from your trading. Robots do not have senses so they act accordingly to the coded strategy.

Expert Advisors do not enlarge lots, make sensless entries, premature close positions and avoids other bad habits of manual traders.

Generating signals

For the traders that want to be involved in manual trading or when the trading strategy is intuitive, there exist indicators that could help them to make trading decisions.

Indicators are as well automated and their main difference from Expert Advisors is that they do not open, close or modify trades.

They can generate signals that can help trader to make a faster market analysis and spend time on other important aspects.

Generating signals
Multiple indicators

Multiple indicators

In the trading strategies it is a normal practice to rely trading decisions based on several factors or several indicators as well. There are plenty of indicator over the web reflecting different type of information that could be helpful for the trader.

Combining several indicators together improves the quality of entry signals and allows to improve the probability of trading strategy in overall.