After you have had a bit of practice using the indicator tools on the MT4 platform, you can now move to the next stage in your MT4 learning: how to create an expert advisor. An expert adviser is a program you install onto a platform. It will automatically follow trader’s instructions after a certain criteria has been met. It can be described as “automated trading“, since you don’t have to touch your keyboard or mouse to enter orders. An advantage to using an EA is the ability to create an EA from a mechanical system. This is especially useful if your trading interests include multiple pairs, or if time is a constraint.Before we move on to how to install an EA program, please be aware that there are many EA programs out there that may not work as advertised. They will tell you how their EA system has given them thousands of pips, without…    read more