Published on November 19, 2013
MetaTrader 4 (MT4) Basics 10 Reasons to Use an Expert Advisor aka a Trading Robot
1. It can watch the market 24/7, it is a machine, it never gets tired.
2. It strictly follows the rules of the trading system it automates.
3. It does the heavy lifting for you, you can just watch it over and collect the profit.
4. It does not feel greed or fear; it does not allow emotions to interfere with its trading decisions.
5. It can trade while you are sleeping, eating or just relaxing on the beach.
6. You can backtest with it over past periods to see the performance of this trading system.
7. It can react much faster than you, especially during sharp market movements.
8. It can automate even very complex and computational intensive trading systems.
9. It is much more accurate than you, it is a precise machine.
10. It can be more profitable than you, because it will never miss a trading opportunity.
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