EA (Expert Advisor)

EA (Expert Advisor) — An automated trading program that runs on MetaTrader 4 or 5.

Quick definition: An automated trading program that runs on MetaTrader 4 or 5.
Category: Software

Full Definition

An Expert Advisor (EA) is the MetaTrader name for an automated trading robot. EAs are written in MQL4 (MT4) or MQL5 (MT5).

Related Terms

MT4 (MetaTrader 4) · MT5 (MetaTrader 5) · Algorithmic Trading

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