An Expert Advisor (EA) is an automated trading system written in MQL4 programming language and is designed for operating under Metatrader 4. The EA can be programmed either to fully trade for you and manage all aspects of your trading operation or to alert you to a trading opportunity.

Each EA is based on its own rules or design and EAs are different in the rules they follow to trade. They remove emotional trading decisions that particularly affect the new and inexperienced trader. They follow a very strict trading plan but with no human intervention.

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Whilst we permit the use of expert advisors (EAs), we do not allow EAs that are written with the intention of sniping, hyperactivity or any other actions that are designed to take advantage of non-directional trading related activities.

Please note that trading activity is monitored and we may request further information regarding your EA in the event we suspect it is designed to trade on materially incorrect prices and/or abuse our prices feeds. We also draw your attention to our Client Agreement which gives us the right to suspend or cancel our trading services and void any trades in these circumstances.

If you have any further questions, please click here to start a live chat with one of our representatives now.

An expert advisor (EA) is a program that allows for automation of the analytical and trading processes in the MT4 platform.

If you have any further questions, please click here to start a live chat with one of our representatives now.

There are many websites where you can purchase an EA but we do not make any recommendations. They can be installed onto MT4 very quickly and with limited technical knowledge.

If you have any further questions, please click here to start a live chat with one of our representatives now.

Installing your expert advisor could not be simpler, you just need to follow the simple instructions below:

  • Open ‘My Computer’ and navigate to the following directory C:Program FilesMetatrader 4experts
  • Copy and paste your EA which should end with the following “.EX4, this is your EA”
  • Start Metatrader 4
  • Once Metatrader 4 is running, look in the Navigator window, expand ‘Expert Advisor’ and look for the name of your EA. Right click ‘Attach’ on the chart which the EA has been designed for
  • Finally, there should be additional instructions specific to your EA so please make sure you read these before completing the installation

If you have any further questions, please click here to start a live chat with one of our representatives now.

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