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Expert advisors What is forex ea?
avatar Catkathyy
Question by: Jeremy - 09 Sep 2014, 09:00:43
What is forex ea?
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
Answers (2)
avatar user 4294
Answer by: Henry - 16 Jan 2015, 05:28:58

Forex Expert Adviser. Add-on software used with a MetaTrader currency trading platform. A Forex EA is used to automatically generate trading signals on the forex trader's behalf. Some software also allows for automatic trades under given conditions, and may include trailing stops so that currency traders can maximize on trends and not lose out on profit making opportunities. These programstend to follow popular technical indicators like MACDs, moving averages and stochastics.

avatar user 4436
Answer by: Samanthar - 30 Jan 2015, 04:28:46

An expert advisor (EA) is a software program that analyzes data and provides a trader with buy and sell recommendations that fit within the trader’s strategy. Much like a trader, an expert advisor analyzes historical data and forecasts future price movements using this data. Unlike a human trader, expert advisors are able to integrate a huge amount of data and process it very quickly for the purpose of forecasting.

&lt;a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK"&gt;InstaForex&lt;/a&gt;
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