What is an EA Indices Trader Robot?
What is Indices Trading Expert Advisor? - a stock indexes trading EA Trader or a Indices Expert Advisor or a Indices Trading Robot is an add on software that is added to MT4 or MT5 stock indexes trading platform and it is used to generate automatic trading signals on a indices trader's behalf based on a set of parameters or algorithms - Automated Indices Trading Expert Advisor.
Indices Trading Robot Definition
A Indices EA is a software program that has a set of instructions used to generate buy and sell trading signals in the stock indexes trading market so as to help a indices trader determine whether to buy or sell indices based on the programmed set of rules.
The EA indices trader also monitors the open indices trade so as to determine the best time to close the trade if the trade is profitable or when to close the trade if the stock indexes trading market moves in the other direction by setting a stop loss stock indices order.
Traders can also test these EA Indices Trading Robots using the MT4 strategy tester environment so as to optimize the EA trading settings before trading with the EA on the Real Trading Market environment.