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Robots Glossary

Expert Advisor (EA)

Expert Advisor - The term for an automated trading robot in MetaTrader (MT4/MT5). An EA is analogous to a cTrader cBot. In the optimization context, EAs have input parameters and are tested via the MT5 Strategy Tester. CTrader uses cBots (built with cAlgo/cTrader Automate); both frameworks allow defining parameters and running strategy tests or optimizations on historical data.
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