To do the above manually babypips wall street forex robot take years to get just one system perfect. Without the need to know any coding.
Not only do EA’s allow you to rapidly test any system you have designed or purchased they also allow you to trade it automatically, freeing you up from checking charts and monitoring or managing trades. While MQL may be a blocker for many, there are some free EA builders on the market as well as many effective and affordable ones, and a few that are very sophisticated and more expensive. This article aims to be the one place on the web you can get a thorough comparison of all the available Meta Trader EA builders in 2014. Unfortunately there is limited information about how the EA Constructor actually works. I found the above screenshot after a 5 minute Google search as there didn’t seem to be anything on their site.