Discussion of article "Creating an EA that works automatically (Part 14): Automation (VI)"
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New article Creating an EA that works automatically (Part 14): Automation (VI) has been published:
In this article, we will put into practice all the knowledge from this series. We will finally build a 100% automated and functional system. But before that, we still have to learn one last detail.
In this figure, we see how the trader interacts with the platform to open and close positions on the trading server. To automate this process, we need to make some changes to this figure. So, figure 01 representing the manual model turns into figure 02. This figure represents an EA that operates automatically based on some operational rules defined at the programming stage.
Figure 02 - Automated mode
Pay attention that fig 02 contains an image of a person who acts as the system supervisor. An automated system should never be operated unsupervised. The trader must always control the process even if he is only watching and does nothing else.
Author: Daniel Jose