The Role of Forex EA

Forex EAs are intelligent programs, in fact if you have ever touched some code.

Forex EA is not as amazing as everyone thinks, nor is it as simple as everyone thinks. It is the process of compiling your logic, judgment and algorithms into a computer in a programmatic form.

It just intelligently realizes placing orders for you, faster, and more efficient. In fact, you still need to artificially inject your ideas.

For example, moving average, indicators, through your own logic, after digitizing it, write it out through foreign exchange EA. Finally, realize the role of machines instead of human brains.

Ultimately, it is not a truly intelligent being, but still a tool for writing human wisdom and skills in a programmatic language.

Can MT4 automatically generate Forex EAs?

In addition to the foreign exchange EA under the MT4 navigation menu, there is also a "script", which is the same type of tool, but slightly different in execution. The former is a loop execution and a single execution.

Both are compiled with code, judged first, and then executed.

Forex EA is executed on a circular basis. Every time you send a report, it will judge whether the latest quotes meet the conditions for running and placing orders.

Scripts are different. When you process them onto a k-line graph, they are executed only once.

Will the accuracy of a Forex EA change over time?

Forex EA cannot guarantee winning or accuracy. It is just a programmatic language, not true artificial intelligence.

The model that still cannot escape the judgment of the mind, the only change is from human to machine, so if the model changes, then the machine must change.

Why is the foreign exchange EA still losing money after finishing? Intelligent trading feels very high-tech, and clicking on it should make money?

This idea itself is wrong. In the market, many foreign exchange EAs are currently using the guise of foreign exchange EAs as a source of funds and signals.

The earliest Martingale came from casinos. Forex EAs were like a very sharp knife, but if the operator couldn't use them, they could easily hit themselves.

Forex EA content includes open-source executable files, which are the essence of programming Forex EA programs and are generally not publicly available.

The only basis for judging artificial intelligence is that it can learn independently, judge the market independently, change programs independently, and grow itself. But most artificial intelligence on the market is not qualified.

A simple foreign exchange EA may contain complex indicators, but the logic only completes a single operation instruction.

If the judgment of the moving average group is completed, the moving average group A condition is executed, and the moving average group B condition is completed, and C.

A complex foreign exchange EA involves not only complex indicators, but also complex logic, time functions, and circular control indicators.

It includes a large number of deletions and filters, such as gold forks and dead forks, which can be filtered by filtering conditions and time periods, referring to history, etc.

When to place an order safety classifier, add supporting procedures to reduce the error rate. The more matching is added, the higher the fault tolerance rate, and the fewer orders are placed.