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Forex glossary

What is an expert advisor (EA)?

An automated trading program for MetaTrader, written in MQL4 or MQL5.

Definition

Expert Advisor (EA): An automated trading program for MetaTrader, written in MQL4 or MQL5.

In context

An Expert Advisor (EA) is a program that trades automatically on MetaTrader (written in MQL4/MQL5).

From the lesson Trading Robots (EAs).

Lessons that cover Expert Advisor

Related terms