An Expert Advisor is an automated trading program that runs on MetaTrader 4 or MetaTrader 5. EAs follow pre-programmed rules to open, manage, and close trades without manual intervention. They are written in MQL4 or MQL5 and can implement any strategy — from simple moving average crossovers to complex multi-timeframe systems.
You install a grid trading EA on your MT5 account. The EA automatically places buy and sell orders at fixed intervals above and below the current price of USD/JPY. It manages all positions 24/5 without you needing to monitor the charts.
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