What is the difference between EA and Script
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There are 2 options in fxdreema
- ExpertAdvisor
- Script
so what is the difference between them?
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An Ea is designed to work on every tick received on your MT4 terminal. It will execute everything is programmed to over and over. Whereas a scritp is designed to execute its programming just once, usually at the precise moment it is doublecliked. No more.
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@l-andorrà
so script can not keep the brokers from knowing that automated trading is being performed on a certain account?
there are lots of brokers out there who try to mess up an EA thats running on an account with them, -
I don't know how brokers can know you're using a EA, but certainly a script is a one bullet gun as far as you don't use it repeatedly very often. I'm afraid I cannot give you an answer for that question.
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Expert Advisor - the program that will trade instead of you. You drag it over a chart and leave it to do its job. It will work until you stop it.
Script - I imagine scripts like extra buttons on the interface of MetaTrader. You can have for example a script called "Close Everything" and when you run it, it will close all orders. You don't have such button on MetaTrader, but you can make it as a script. A Script works when you double click on it. It does its job and exits as soon as possible. It doesn't work over the time as Expert Advisors do.
