Yes this is a bot, a forex trading bot or an EA (Expert Advisor).

According to Chat GPT:

A trading bot or Expert Advisor (EA) is a software program that automatically places trades in the financial markets (like forex, stocks, or crypto) based on predefined rules and strategies. It runs on trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5) and can:

Analyze market data (price, volume, indicators, etc.)
Open and close trades automatically
Manage risk (set stop loss, take profit, etc.)
Run 24/7 without human intervention

Definitions:
Trading Bot:

A general term for any automated software that executes trades based on a strategy.
Expert Advisor (EA):

A type of trading bot specifically designed for use on MT4 or MT5, written in MQL4 or MQL5.

In short:
👉 A trading bot/EA is your automated trading assistant that follows your strategy without emotions or fatigue.