EA automatic trading system, also known as intelligent trading system.
An automated trading system that consists of a series of software applications that operate according to certain rules or parameters. The system is designed to implement the functions of trading activities in an electronic and automated manner.
EA is essentially a computer program, written by programmers according to the trading strategies and ideas of the computer program, as long as running the program in the trading account, EA can automatically analyze the trend, automatically buy and sell, buy low and sell high, completely without staring at the computer, automatically complete the whole trading process.
An EA consists of three elements: order execution, risk management, and capital management.
In SIMPLE TERMS, it IS based on indicators, buying and selling when the price arrives, with stop and loss points, and most importantly, position management.
It is a very convenient investment method for modern people.
Political instability in Europe, the resignation of Mario Draghi and the prospect of higher interest rates in the euro will not ease the selling pressure on the euro.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.