Let’s get started! EA Life ~ Challenge MT4 automated trading | Episode 2: Why FX with EA is recommended [Masamasa Kakizawa]
In this series, we shine a spotlight on automated FX trading systems, specifically those that run on MetaTrader4 (hereafter MT4) as EA (Expert Advisors), and have a knowledgeable professional trader, Masanobu Kakizawa, guide you through the knowledge and know-how to operate them. This is useful not only for those considering operating EAs but also for those already using EAs.
※This article is a reprint/edit of an article from FX攻略.com July 2018 issue.
Profile of Masanobu Kakizawa
Kakizawa Masanobu. Since 2009, he has been developing FX automated trading systems, providing many systems such as EasySniper and MultiAgent to brokers and users. At Invast Securities' automated trading service "CitaTrade 24" (Shistrade 24), the provided strategy MultiAgent achieved overwhelming results and high evaluation in the 2016 annual awards. Also, at Himawari Securities' automated trading service "Ecotore," the provided strategy "Hikae-me Venus" maintained the top number of users for more than a year from 2013 to 2014. The number of users exceeds 700. Currently, he offers Dream Agent FX, an evolved version of MultiAgent.
What are the advantages of EA over discretionary trading?
Hello everyone. We started a new series, “Getting Started! EA Life.” In the previous installment, we discussed “What is EA?”—what EA is and how you can use it to engage in automated trading. In this second installment, titled “Reasons EA is recommended,” we will discuss the merits and demerits of EA.
When examining the merits and demerits of EAs, it helps to compare them with discretionary trading, which is at the opposite end of the spectrum. Have you ever found discretionary trading inconvenient or burdensome?