Edit: When I said "you just made two pips," in the video, I don't actually mean you made money. I meant that if you were looking to go long because your indicators confirming your trade, then you just got a 2 pips better fill via the EA automated entry.
Trading between the spread means you can get a better fill on your buy or sell order. Let's say you want to long the GBPJPY. The Ask price right now is 235.81.
If you bought right now, you would pay 235.81. But, wouldn't it be nice if you can buy at 2 or 3 pips lower, at 235.79?
Normally, MT4 would not let you set a buy limit that close to the market. However, with the EA working for you, you can now get in at 235.79 because the EA is watching the market.
This way, you can make up a part (or all of) the spread right away.
Enjoy this EA.
cheers.
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