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Questions and Stories › Category: Questions › Is Experts Advice( EA) Similar to a Trading Robot?
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Nnaemeka Victor asked 5 months ago

Is Experts Advice ( EA) Similar to a Trading Robot?

Do they mean the same thing? or  are they different?  What is your take?

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8 Answers
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Jackson Mugarura answered 5 months ago

I don’t think they are the same, because when you take advice, you still get involved in trading yourself and taking decisions.

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Nnaemeka Victor answered 5 months ago

EA is automated.  If you check your forex platform,  you will see it. When activated, it follows the programmed input.

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David Matlala answered 5 months ago

They are all automated but the EA generate trading signals and Robots can actually trade on behalf of the trader.

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Kenneth Ogbonnaya answered 5 months ago

Most trading Robot has a EA format.

Nnaemeka Victor replied 5 months ago

Have you paid for this month fee?

Kenneth Ogbonnaya replied 5 months ago

Not yet.

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Gareth White answered 5 months ago

No they are not the same.

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Leno Jean Pierre answered 5 months ago

I don’t know a lot about Expert Advice, but i think they are not the same.

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Kenneth Ogbonnaya answered 5 months ago

Anything that execute on autopilot is a robot.

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Eli Davis Keinamura answered 4 months ago

They are almost the same,they all involve no reasoning for both entry and close from market.

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