What is an Automated Forex System?
An automated forex system - Expert Advisor (EA) is a mechanical trading system designed to automate forex trading.
Metatrader 4 platform "Expert Advisor" can trade your account automatically, i.e. sending "buy" and "sell" orders directly to your broker’s server, while automatically adjusting stop loss, trailing stops and take profit levels.
What is Metatrader 4? Metatrader 4 is the most popular, free and easy-to-use trading software developed by Metaquotes Software Corp. and supported by many different Forex brokers all over the world (more than 100!). |
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- An easy "Forex course", plus tons of high-quality trading content for FREE.
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