What is a forex EA?
EA stands for “expert advisor”. An expert advisor is an automated software strategy written to take trades for you. More often than not, this software is written for Metatrader, the most popular platform for trading FX in the world. The role of EA comes when the market is chopping, you want to utilize a scalping EA. When the market is making a big move (perhaps based on news) you want to be locked into a long term strategy. Trading only one strategy all the time is a recipe for disaster. You must use an expert advisor than can adapt to market conditions. Even i have a best EA with me who is managing all my forex need that is, Finexo.com.
