What is auto trading? Auto trading in MT4 platform EA

What is Auto Trading?
    Auto trading means a particular trading strategy which buy or sell orders are placed automatically based on the trading system. If one needs to work at economic markets more capably, one can expand one’s own successful system of trading. It’s very complicated to proceed within a particular system of trading in the manual mode because of human emotions. No need to suffer from this disadvantage in mechanical trading system. MT4 allows creating, debugging, and testing expert advisors.

  • Expert Advisors: Expert advisor is a mechanical trading system or particular strategy which allows complete automation of analytical and trading activities.
     
  • Custom Indicator: Custom Indicators are used to indicate the buy or sell signals. It won’t place orders.
     
  • Scripts: Script means programs to be executed only once, on request.

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