Users can also create, edit and implement their strategies on a real-time basis, and this gives a much needed freedom to them to explore various trading techniques. This EA has incorporated many risk management options for its users, allowing them to take control of their unrealized profit and loss in each of their strategies. Using this tool, traders can access historical data dating back all the way to 1970, which enables them to conduct much more thorough backtesting for their long-term strategies. Also, the difference between RoboForex’s EA and others is that RoboForex runs its strategies on servers, while others run it on terminals, resulting in lower speed. RoboForex EA builder is specifically popular among traders for its high-order execution speed. After the trader has tested the strategy, he can run the algorithm in the live market. Following that, the trader can customize the strategy for different markets. Also known as the Trading Strategy Builder, it follows a three-step process wherein a trader has to create his own strategy or choose from predetermined, ready-made templates. RoboForex EA builder is a versatile tool designed to assist Forex traders in creating and implementing a fully automated strategy.
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