Expert Advisor is the name given by MetaQuotes to the automated trading robots developed in MQL4 to run in the MetaTrader 4 platform. Jargon Busterīefore going forward, we will quickly decode some jargon. There are a few reasonable motivations for moving away from MetaTrader 4 and converting your forex EA to a cTrader cBot. Most recently, cTrader has seen a series of major updates which improve automated trading capabilities. MetaTrader 4 no longer offers updates, the platform is incompatible with the latest macOS version, and the alternatives are getting better and better. Currently, there are a few hot reasons why traders want to ditch MT4. Typical motivations to switch trading platforms are when a broker or trading platform no longer meets your needs. An overview of consultants who can help covert your MT4 EA.How the cTrader community can help to convert your forex EA to cTrader.Methods for converting Expert Advisors to cTrader.The difference between an Expert Advisor and a cBot.Why traders want to convert their MT4 EA to cTrader.There are several reasons why traders want to migrate to different trading platforms.
If you already have an MT4 Expert Advisor coded in MQL4 for MetaTrader 4, you might wonder why should you convert it to another trading platform, such as cTrader. Introduction to Converting MetaTrader 4 Expert Advisors