Trading with Forex Robots
A Forex Robot or else an Expert Advisor or else an EA is a tiny piece of software that suits your Trading Platform (mainly on MetaTrader) and trades automatically on your behalf. Forex Robots are incorporating algorithms to measure and evaluate intraday, daily, or long-term price trends. Usually, Forex Robots combine several tools to measure the master trend and optimize entry/exit points using a combination of Forex indicators. Money management and a stop-loss order are also included in their core algorithms so that they can limit the loss potential. Forex robots can trade 24-hours per day using a computer that is continuously turned on or using a VPS Forex hosting (recommended).