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The most typical indicators used in algorithmic trading are moving averages. Specially, moving average crosses to determine accurate trade entries.
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As a result, the expert advisor can income-in the identical price movement numerous instances, capturing as many as 4 or 5 moments far more profits than the usual single trade with the exact same exposure.
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Expert Advisors are composed inside the MQL4 programming language and integrated in to the MT4 platform. They evaluate the market using technical indicators and area acquire and sell orders automatically depending on trading logic coded in to the algorithm.
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