What is the difference between an advisor and an indicator
Posted: Wed Jul 07, 2021 4:33 am
What is the difference between an advisor and an indicator
A trading indicator is also a program based on a graphical interpretation of historical data. https://arabicfxadvisors.com/%D8%A7%D9% ... %83%D8%B3/
It examines the selected parameters of a currency pair at a certain time interval (volatility, volumes, etc.) and, depending on its type, displays them graphically in the form of lines, bars and other objects.
Several forex indicators make up a trading strategy. A certain combination of their readings is considered a signal to open or close a position. https://arabicfxadvisors.com/%D9%85%D8% ... %B5%D9%8A/
Since the robot is based on a strategy, a technical indicator is one of its constituent parts.
The main difference between an indicator and an Expert Advisor is that the indicator only displays certain data, and the Expert Advisor, based on this data, makes decisions about entering or exiting the market.
A trading indicator is also a program based on a graphical interpretation of historical data. https://arabicfxadvisors.com/%D8%A7%D9% ... %83%D8%B3/
It examines the selected parameters of a currency pair at a certain time interval (volatility, volumes, etc.) and, depending on its type, displays them graphically in the form of lines, bars and other objects.
Several forex indicators make up a trading strategy. A certain combination of their readings is considered a signal to open or close a position. https://arabicfxadvisors.com/%D9%85%D8% ... %B5%D9%8A/
Since the robot is based on a strategy, a technical indicator is one of its constituent parts.
The main difference between an indicator and an Expert Advisor is that the indicator only displays certain data, and the Expert Advisor, based on this data, makes decisions about entering or exiting the market.