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Expert Advisors
In the terminal, Expert Advisors (EA) are programs developed in the MQL5 programming language and used for the automation of analytical and trading processes. They allow to perform prompt technical analysis of price data and manage trading activities on basis of signals received.
Working with Expert Advisors means:
- Expert Advisor Creation
The integrated development environment MetaEditor is used for the creation and compilation of an Expert Advisor. It is the component part of the client terminal. MetaEditor is a convenient tool for writing and debugging of MQL5 programs.
- Expert Advisor Setup and Start
Before Expert Advisors are used, they should be set up. Parameters common for all Expert Advisors are set up in the window of client terminal settings. Besides, Each Expert Advisor can have its own settings.
- Expert Advisor Shutdown
An Expert Advisor is shut down after it has been removed from the chart.
You can download and share ready Expert Advisors in the special CodeBase section of the MQL5.Community official website.
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MetaTrader 5 — a complex trading platform for providing brokerage services on the retail Forex market.
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