Ea And Script

Hello
please what really is the difference between an EA and a Script.
Please give examples
BR

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Originally Posted by ;

Hi
please what actually is the difference between an EA and a Script.
Please give illustrations
BR

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script is a piece of code. When you run the script it execute after.
EA is a script. But automaticaly executed at each market tick.

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Originally Posted by ;

script is a part of code. If you run the script it execute once.
EA is a script. But automaticaly executed at each market tick.

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Hi, therefore if I have a straddle script trade at particular time, once I run it will execute, should I need it to execute another moment,I only run it again right?
But for EA, How can it execute at different target time?

Quote:

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Originally Posted by ;

Hello, therefore if I have a straddle script trade at specific time, once I run it it will execute, if I want it to execute another time,I only run it right?
However, for EA, How will it execute at different goal time?

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I don't know if this will clarify or confuse.

A script operates through once. Perhaps you've got a script that will close all open orders. You execute it, it will exactly the task and stops.

An indior program runs through the code (app ) each tick, and upgrades the indior window, or activates alarms, etc.. RSI, MACD, moving averages, etc. are examples of indiors.

An EA is a little more sophistied. The program starts on each tick, runs to a stopping point, and basically has control of the account. It can be programmed to utilize numerous indiors, price action, time of day, and almost any logic you can come up with, to put on transactions, take profits, move stops, etc.. It's a robot, so to speak, that implements a trading platform as programmed.