Expert Advisors, developed in MetaQuotes Language 5 (MQL5) can be used on the Vantage FX MT5 platform. They can eliminate manual order placing and monitoring requirements when certain conditions are met in the market.
Expert Advisors can be downloaded or developed. The MetaQuotes Language is easy to learn and individuals with no prior experience in a programming language can start developing Expert Advisors or Custom Indicators in a matter of days.
They can help with:
Monitoring and closing out positions
Keeping track of current market situations
Eliminating psychological elements from decision making
Vantage FX Metatrader 5 comes with some pre-installed Expert Advisors, there are hundreds more available in the MQL5 store. Simply click the ‘Market’ tab in your terminal:
Free demo and full functional versions are available right away from within your terminal and the installation process is completely automated. If you prefer to view the store in your web browser, simply go to www.mql5.com