Automated Trading and Expert Advisors

What is Automated Trading?

Automated Trading, also known as Algorithmic Trading, is the electronic management of trading. As the name suggests, this computerised management is automatic - triggered by set algorithmic parameters such as, but not limited to, timing, price and quantity of the order.

What an Expert Advisor? | Vantage FX


What is Automated Trading? | Vantage FX

What is an Expert Advisor?

A Forex Expert Advisor (EA) is a flexible automated trading solution that can be added to the most popular and user-friendly platform, MetaTrader 4. More specifically, an Expert Advisor is a type of software that can completely automate trading strategies on your behalf or send you alerts prompting you to act on a trade, when certain conditions are met in the market.

An expert advisor for MetaTrader 4 is written in a special programming language called MetaQuotes Language (MQL4). Programs like MetaEditor, which is already pre-loaded onto Metatrader 4 and 5, use this language to help traders build Expert Advisors.


How do you create an Expert Advisor

Forex Expert Advisors are easy to create. MetaTrader’s easy-to-use interface combined with the pre-loaded program MetaEditor, allow traders at any level of experience to easily and promptly create an expert advisor.

Our Vantage FX MetaTrader 4 platform has many templates and popular Expert Advisors already included in the platform.

Creating an Expert Advisor | Vantage FX


How do I get started?

Before you can start using Expert Advisors, you will need an MT4 trading account. This can be a Demo or Live account – both are free to open with Vantage FX.

Get started with a FREE $50,000 demo account