What is the difference between a script and an EA?
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I see options to create a script or an EA. What is the difference? I know how to run an EA on my MT4 platform. How do you run a script?
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OK I found the answer myself, Here is it if someone else wants to know it.
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I like to imagine that Scripts are extensions to the interface of MetaTrader. Very similar to what a button in the menu would do - simple actions that happen when you click on them. For example the H1 button changes the timeframe of the chart to H1. Scripts do other kind of actions, but the idea is similar. The only thing that is missing (for me) is the ability to create custom buttons in the menu connected with certain Scripts. So you could have a script to close all trades for example, and you might want to put a custom button "Close All" up in the menu... but this is not possible.
