Expert Advisors

 

What is an Expert Advisor?

A Forex Expert Advisor (EA) is a flexible automated Forex 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 Forex 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, use this language to help traders build Expert Advisors.

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How do you create and trade using an Expert Advisor?

Forex Expert Advisors are easy to create. MetaTrader 4’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.
But to get you started, the Vantage FX MetaTrader 4 platform has many templates and popular Expert Advisors already included in the platform.

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