Expert advisor (EA) / algorithmic trading(Expert advisor / algorithmic trading)
A strategy whose rules are written in code and run automatically on a platform (MT4/MT5, cTrader, Python). It guarantees discipline, but not the quality of the rules.
Also written as: expert advisor · ekspert danışman · algoritmik işlem
Automation removes emotion from the equation, runs 24 hours a day and makes backtesting easier. However, the "buy a ready-made EA, make money" model is almost always overfitted or martingale-based.
Coding your own rules is one of the best ways to clarify your strategy; it is run without interruption on a VPS.
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