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Home / Expert Advisor Guide / Expert Advisor Basics

Category // 3 articles

Expert Advisor Basics

automated trading program attached to a MetaTrader 5 chart placing a buy order with stop loss and take profit levels
29 Sep
Expert Advisor Basics 9 min read

What is an Expert Advisor? MT4 and MT5 Expert Advisors explained

Posted by author-avatar James Miller
September 29, 2026
0
An Expert Advisor is a program written in MQL4 or MQL5 that runs on a MetaTrader 4 or MetaTrader 5 chart, analyses prices by preset rules, and opens, ...
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MetaTrader 4 and MetaTrader 5 terminals side by side, each running an Expert Advisor, with ex4 and ex5 file icons under each platform
28 Jun
Expert Advisor Basics 6 min read

MT4 vs MT5 Expert Advisors: the differences that matter before you choose

Posted by author-avatar James Miller
September 29, 2026
0
MT4 and MT5 Expert Advisors differ in four ways that matter to a trader: file type, order and position model, Strategy Tester, and the market data an ...
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what is forex robot automated trading system on MT4 platform
18 Apr
Expert Advisor Basics 13 min read

What Is a Forex Robot? – Definition, History, and In-Depth Analysis

Posted by author-avatar James Miller
July 19, 2026
1
What Is a Forex Robot? – Definition, History, and In-Depth Analysis Executive Summary: A Forex robot (or Expert Advisor, EA) is an automated trad...
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