FOREX REVIEWS

Many people who are new to automated forex trading are puzzled by installation issues regarding the expert advisors for the metatrader platform. This easy to follow graphical guide will show you the simple steps necessary to setup an expert advisor for the metatrader 4 platform. - 1. Download your expert advisor file and indicators (if the ea needs any custom ones). These are either ex4 or mq4 format files, depending on if they are a source or a binary (precompiled file). There is no difference between these two classes as far as installation and usage goes. - 2. Copy your expert advisor files and indicator files to the corresponding directories. As it is shown in the following picture. Keep in mind that this directories are located under your metatrader installation path and that metatrader should not be running at this point. - - 3. You should now open up metatrader. Open up a chart with the timefrime and currency pair in which you want to run the advisor. Now simply drag and drop t...

There are many people new to the forex market and many more new to the world of automated trading. For this reason, I have put together this general frequently asked questions section. To help anyone who needs to gain a deeper understanding of this subject. What is a forex expert advisor ? An expert advisor is basically a program written in the metaquotes language that trades automatically using the metatrader platform. What is an expert advisor's objective ? The objective of an ea (expert advisor) is to take trading decisions away from the human trader. Alternatively expert advisors can be used to just do money management, loss control or other similar jobs which can be automatized in forex trading. What are an expert's advantages and disadvantages over manual trading ? An expert advisor has the advantage of being emotionless. Expert advisors feel no fear or greed and operate purely based on mathematical logic. They also have the advantage of letting a person trade without the...