What is the meaning of EA in forex trading?

A. Forex EA can be developed on the MT4 platform, the language used is MQ4 language. A set of EA is a complete trading program, the program through real-time access to market prices, automatically determine the timing of the order and close the position, by the computer to simulate the trader's order operation for machine trading, according to the pre-edited trading strategy program to execute the transaction order.

Second, the advantages:

1. Integration of the trading essence of the profit system, the verified trading strategy for real trading?

2. Overcome the weaknesses of human nature and avoid emotional operations?

3. Automatically place orders, automatically adapt to price changes and trend changes?

4. The computer monitors the market 24 hours a day, without the need for people to operate, you can rest assured that the day job?

5. Strict risk management, never over-trading