Forex Trading Automation Cycle
You can see usual forex trading automation cycle on the picture.
After watching and analyzing charts you get some idea of a new strategy, which you can check very fast by creating EA.
If backtesting report looks nice, you may demo trade it for some time and have EA for earning real profits. Even if you have good EA, you can search for new strategies or tweak your old ones.
The more profitable strategies you find, the more you can diversify your risk and make whole investment equity curve rising more evenly with smaller drawdowns.
With expertadvisorcreator, you can try many strategies and learn what really works for you much easier and faster.
 If you're new to the forex game you're probably wondering what an expert advisor, or EA is.
Put plain and simply, it's a small program that runs on the MetaTrader 4 platform that carries out functions based on what you input into the code.
Want to buy on a moving average cross? You got it. Want to sell when your MACD gives you a bearish sign? No problem...

What is an Expert Advisor?
An Expert Advisor is a piece of software written specifically for the MetaTrader Platform.
An Expert Advisor can just advise traders which trades to make or can be programmed to automatically execute the trades on a live account.
 Expert Advisors are very flexible pieces of software that can take any information into account that is available on the metatrader platform.
They are written in their own proprietary programming language called MetaQuotes Language Version 4.