What is an Expert Advisor [EA]? Print E-mail

 

What does Forex Expert Advisor mean?
Expert Advisor is a computer program based on a set of forex trading signals generated by forex indicators that helps determine whether to buy or sell a currency pair at any one time. Also, an expert adviser may be based on the dependencies and do not contain indicators. Expert Advisor is designed to remove the psychological factor of trading, which can be harmful.

 

The goal of Expert Advisors is to give traders the possibility to speed up execution of forex trading operations. Expert Advisors can work in automatic mode, saving you from monotonous repetition of various actions. It simplifies work of traders, saving their time. Now you don’t have to monitor forex market movement, you only have to turn Expert Advisor on.

 


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