https://steadypips.net/tags/algo-trading/Recent content in Algo Trading on SteadyPipsHugoen-usFri, 20 Mar 2026 00:00:00 +0000https://steadypips.net/posts/automated-forex-trading-guide/Fri, 20 Mar 2026 00:00:00 +0000https://steadypips.net/posts/automated-forex-trading-guide/<h2 id="what-is-automated-forex-trading">What Is Automated Forex Trading?</h2> <p>Automated forex trading uses computer programs to execute trades based on predefined rules. Instead of manually analyzing charts and clicking buy or sell, an algorithm handles everything — from identifying setups to managing positions and closing trades.</p> <p>On MetaTrader 4 (MT4), these programs are called <strong>Expert Advisors (EAs)</strong>. An EA runs directly on your trading platform, monitoring price 24 hours a day, 5 days a week, and executing trades the moment its conditions are met.</p>