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Robots Glossary

Update

Update – An update refers broadly to applying newer software to an existing installation. This can include patches, new features, or maintenance changes. For trading platforms like MetaTrader, updates are delivered through an update mechanism: for example, MetaTrader’s Live Update system automatically downloads the latest build to client terminals. In practice, updating means upgrading the EA or platform to a newer version or build. Proper update procedures (automated or manual) ensure that traders always run the intended version of their strategies.