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What Is An Expert Advisor?

An expert advisor is a specially designed software that can carry out trading functions. This software notifies forex traders of opportunities and advises them on the trades they should make. An expert advisor can also manage trades in the place of the forex trader.

Programmed using Meta Quotes Language (MQL), an expert advisor works on the Meta Trader platform. The Meta Trader platform is an online platform for forex traders. The expert advisor comprises a mathematical model that uses trade signals to determine the best entry points into trades.

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