What is an Expert Advisor?

An Expert Advisor (EA) or a trading robot is a piece of software designed specifically for automated trading. This program performs various actions in the trading platform at the request of a trader without his direct involvement. The Expert Advisor automatically tracks distinctive trends at a certain point in time using trading indicators or other signals. The advisor analyzes and compares various factors and conditions. Based on this analysis, the EA then opens a buy or sell trade.

Couldn't find the answer to your question?

Please contact our customer support in any convenient way