What is an EA?

 

Can anyone tell me what does EA stand for? I'm sorry just new to the Forex world and want to invest.

You help would be greatly appreciated!

Thanks!

 

Hello DayTrader

EA stands for Expert Advisor (a program which does automated trading) .

Please check this link:

http://www.metaquotes.net/experts/mql4/

Good Luck with your trading!

 

EA is a trading strategy programmed mostly using MQL4 language and attached to MetaTrader to trade instead of you !