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Expert Advisor

Find the Right Edition That Fits You
Scalperology Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 37.81%
7-Day Profit: 23.74%
Support: 24х7 via Telegram
Try Demo 🏆
Breakopedia Ai MT5
Global
Pairs: AUD/JPY
AUD/JPY
AUD/USD
EUR/AUD
EUR/GBP
EUR/JPY
EUR/NZD
EUR/USD
GBP/USD
NZD/USD
USD/CAD
USD/CHF
USD/JPY
XAU/USD
XAG/USD
XBT/USD
30-Day Profit: 25.59%
7-Day Profit: 14.4%
Support: Developer
Free 🎁

What is an Expert Advisor?

An Expert Advisor (EA) is a software program designed to automate trading activities on the Forex market. These programs are written in MetaQuotes Language (MQL) and operate on the MetaTrader platforms (MT4 or MT5). The primary function of an EA is to analyze market conditions and execute trades based on predefined criteria without human intervention.

Key Features of Expert Advisors

  • Automated Trading: EAs can execute trades automatically based on programmed algorithms, eliminating the need for manual trading.
  • Customizable Settings: Traders can customize the parameters of EAs to fit their trading strategies and risk tolerance.
  • Backtesting: EAs can be tested on historical data to evaluate their performance under various market conditions.
  • Real-Time Data Analysis: EAs analyze market data in real-time to identify trading opportunities.
  • Risk Management: EAs come with built-in risk management features, such as stop-loss and take-profit levels, to protect traders from significant losses.

Advantages of Using Expert Advisors

  • Consistency: EAs follow a set of rules consistently, reducing the impact of emotional trading decisions.
  • Speed: EAs can execute trades much faster than humans, taking advantage of market opportunities as they arise.
  • 24/7 Trading: EAs can operate continuously, monitoring the market and executing trades even when the trader is not available.
  • Backtesting Capabilities: Traders can test EAs on historical data to fine-tune their strategies and improve performance.
  • Customizability: EAs can be tailored to suit different trading styles and market conditions.

Examples of Expert Advisors

GOLD EAGLE Expert Advisor

The GOLD EAGLE EA is designed for trading the XAUUSD (Gold) pair. It uses a swing strategy optimized for flat markets, which occur 80-90% of the time. The EA opens trades based on the TrendLine PRO indicator and manages them by averaging the total take profit level. It includes features such as a trading panel for manual trades, higher time frame filters to avoid market fluctuations, and a news filter to pause trading during significant news events.

Master Money Maker (MMM) Expert Advisor

The Master Money Maker EA is tailored for experienced traders and operates as a breakout scalper. It uses Bollinger Bands and average regression to identify overbought and oversold regions. The EA is optimized for the M5 chart and targets pairs like EURUSD, GBPUSD, USDJPY, and XAUUSD. It employs sophisticated algorithms to assess price velocity and pressure, optimizing trade success rates.

Trade Fusion Expert Advisor

Trade Fusion combines indicator-based and price action-based approaches to trade all 28 currency pairs simultaneously. It uses a combination of eight indicators and historical data analysis to identify high-probability trade setups. The EA is optimized for the H1 timeframe and offers low drawdown and diversification.

How to Set Up an Expert Advisor

  • Install the EA on the MetaTrader platform.
  • Attach the EA to the relevant chart (e.g., XAUUSD M15 for GOLD EAGLE).
  • Activate the auto-trading function in both the EA and the MetaTrader terminal.
  • Configure any additional settings, such as the news filter or higher time frame filters.
  • Ensure a stable internet connection and consider using a VPS for uninterrupted operation.

Testing and Optimizing Expert Advisors

  • Backtesting: Use historical data to evaluate the EA's performance under different market conditions.
  • Optimization: Adjust the EA's parameters to improve its performance based on backtesting results.
  • Forward Testing: Test the EA in a demo account to observe its performance in real-time market conditions.
  • Live Testing: Once satisfied with the EA's performance, deploy it in a live account with a conservative risk setting initially.

Conclusion

Expert Advisors offer a powerful tool for automating Forex trading, providing consistency, speed, and 24/7 market monitoring. However, it is crucial to understand their functionalities, set them up correctly, and continuously monitor their performance to ensure they align with your trading goals and risk tolerance. Embrace the future of trading with EAs, but always remember the importance of prudent risk management and continuous learning. 🚀📈

Are you ready to dip your toes into the seemingly magical world of Forex trading with the high-tech wizardry of Aura Eclipse? If you thought trading was just clicking buttons and praying to the market gods, think again! Stanislav Tomilov has concocted a perilously fascinating Exp ...

Release Date: 04/12/2022

Molecule AI

Easy Rating: 5/2

MQL Rating: 388/8

So, you're curious about Forex trading and its myriad strategies — enter Molecule AI, a system so advanced it might just outsmart your toaster! With a blend of neural networks, this AI doesn't just sit there; it learns and adapts while churning through your money. Or does it? L ...

Release Date: 06/06/2023

Brace yourself, diligent trader! The Prop Hunt EA is here—not to save your trading career, but to extract your last bucks with an irresistible promise of profits. Join us as we navigate through the often murky waters of forex bots and figure out whether this one floats or sinks ...

Release Date: 22/11/2023

DragonX

Easy Rating: 5/2

MQL Rating: 433/7

Welcome to the fascinating world of DragonX, where trading complexity has been intricately wrapped into a deceptively simple package. This MT4 expert advisor claims to revolutionize the boring old ways of trading currency pairs. With a rating of 4.33, one could say it's either a ...

Release Date: 06/06/2024

Ah, the Golden Watch! Sounds regal, doesn’t it? With a name like that, one might expect to find a trading system that not only excels but perhaps serves tea while trading! But let’s drill down past the glitzy branding and find out if it really delivers profits or is just anot ...

Release Date: 15/02/2023

Ah, Crypto Suite EA MT5—a shining beacon of automated trading aspirations! Touted as a fully automated expert advisor, designed to capitalize on high volatility and momentum in the turbulent crypto seas. But before you start picturing yourself sailing smoothly, let’s dig bene ...

Release Date: 31/03/2022

Welcome to the world of DreamCather MT5, where every trade becomes an epic quest for profits—or, at least, a good story to tell when it doesn't work out! In our review, we'll explore if this Expert Advisor is the holy grail of Forex trading or just another fairy tale. Brace you ...

Release Date: 07/06/2022

Magic Sand Classic, an EA that promises to sprinkle some magic on your trading account, claims to simplify Forex trading. But can it deliver, or is it just another mirage in the desert of trading systems? With its vast array of features, it may sound like a dream come true, but h ...

Release Date: 09/08/2023

Get ready to dive into the world of EA Izitrade Pro, an automated trading system that promises to enhance your Forex trading experience! This article unpacks everything you need to know, from its intricate algorithms to the contrasting user feedback. Is this trading system your g ...

Release Date: 30/04/2021

The Agape Advisor is making waves in the Forex market, but is it all just hype? Join us as we dissect its trading strategy, effectiveness, and user feedback. From its impressive rating to its high risks, you don't want to miss this critical overview that will help you decide if t ...

Release Date: 05/04/2023

SRB Grid

Easy Rating: 5/2

MQL Rating: 4.63/50

Have you ever wondered if grid trading systems are just elaborate ways to ‘catch a falling knife’? Enter the SRB Grid—this Expert Advisor is touted as a one-stop solution for those looking to automate their Forex trading while holding onto their sanity. But does it deliver, ...

Release Date: 28/09/2016

Welcome to the thrilling world of BullsBears Action, where understanding market sentiment is the name of the game. With the promise of flexibility, automatic execution, and risk management, this Expert Advisor's appeal is hard to resist—or is it? As we dive into its core featur ...

Release Date: 23/03/2018

Before diving into the intricate mechanics of the PZ Ichimoku EA, let’s take a moment to marvel at how effortlessly it lures traders into adopting its strategies. It promises flexibility, control, and the age-old allure of 'complete freedom'—a keyword that lights up every tra ...

Release Date: 29/01/2019

Imagine a trading robot like Shuttle Runner. It's like a roller coaster designed for thrill-seeking traders, but just because it’s exhilarating doesn't mean you won't lose your lunch. Buckle up, read on, and let’s unpack this risky ride together! 🌀 Introduction to Shutt ...

Release Date: 19/12/2022

Welcome to the wild world of Forex trading, where an Expert Advisor like Royal Entry promises to make your trading dreams come true! Or does it? With sophisticated algorithms and a price tag that sounds more like a limited promotion, let's dive into the deep end and see whether t ...

Release Date: 16/11/2020

So you're thinking of diving into the exciting world of automated trading with the DaVinci Code EA? Let me tell you, before you rush into what sounds like the holy grail of Forex trading, let's take a closer look. Sure, the EA boasts a cutting-edge technology designed to maximize ...

Release Date: 07/03/2024

Ah, the Forex market—full of promising opportunities and notorious traps. Enter 'Deeptrader AI MT4', the supposed genius created by Ruben Octavio Gonzalez Aviles, who claims to merge the awe-inspiring abilities of artificial intelligence with the good ol' technical analysis. Bu ...

Release Date: 04/09/2023

Are you tired of logging those late-night hours glued to your screens, trying to crack the code of Forex trading? Meet 'Early Retirement MT5', the so-called expert system that claims to whisk you away from the drudgery of manual trading. With a mix of machine learning magic and b ...

Release Date: 16/06/2023

Welcome to the land of automated trading where dreams of financial freedom may just lie in the heart of your trading terminal, or so they say! Enter ThanosAlgotrade, a system that promises stable profits without the need for your precious human touch. But is it really the trading ...

Release Date: 26/10/2021

B4N1 New Wave

Easy Rating: 1/1

MQL Rating: 4.5/59

Ah, the B4N1 New Wave! The trading tool that promises to surf the tides of the Forex market with the grace of a dolphin... or at least, that’s what the developers want you to believe. With a 4.5-star rating and a programming flair for advanced machine learning, it sounds like a ...

Release Date: 29/07/2021

Ah, the FoxTrotTWO EA! It’s like that mysterious guest at a party—everyone raves about it, but nobody's quite sure where it came from. Is it the golden ticket to your trading dreams, or just another dance around the issues of volatility? In this piece, we'll unravel the enigm ...

Release Date: 25/03/2016

So, you want to dive into the world of Gegempressing MT5? Buckle up! This free trading 'wonder' promises swift trades in the Gold market but does it deliver or merely dangles the carrot of profitability in front of unsuspecting traders? Explore if this scalping EA is your golden ...

Release Date: 26/05/2023

GA ADx

Easy Rating: 1/1

MQL Rating: 1/1

The GA ADx trading system invites both skepticism and intrigue. With its self-proclaimed ability to enhance trading efficiency and safeguard investments, one must wonder: does it truly deliver results, or is it just another fancy name in the crowded Forex marketplace? Join me as ...

Release Date: 06/07/2023

Curious about the Advanced Momentum EA? Buckle up as we take you through a journey of critical analysis, revelations, and real-world implications! This isn’t just another automated trader; it’s a battleground of precision, potential pitfalls, and promises that need dissecting ...

Release Date: 30/03/2024

Gold Titanic, touted as an 'unstoppable' trading EA, might very well sink in its journey towards profitability. Despite its alluring features, it carries the weight of being a reasonable choice only for those brave enough to venture into the murky waters of the forex market. With ...

Release Date: 29/06/2024

So, Automatic Trading mt5 – the trading bot everyone seems to be gossiping about! But does it really bring you the bliss of profitable Forex trading, or is it just another glittery lure in the immense ocean of trading tools? With an innovative approach to market analysis, this ...

Release Date: 29/07/2024

So you want to tame the wild beast that is Crash 1000? Meet the Boom And Crash Destroyer—your new best friend (or worst nightmare, depending on its mood). Priced at an eye-watering $300, this EA claims to unlock the secrets of day trading quicker than a kid unwrapping a birthda ...

Release Date: 29/08/2024

Ah, the Lazy Scalper: the trading robot that promises all the action without any of the effort. Who wouldn't want to sit back and watch the pips roll in without lifting a finger? But before you throw your wallet at it, let's dive into if this 'master of laziness' is really worth ...

Release Date: 19/04/2018

Let's face it: trading isn't always a walk in the park—it's more like a treacherous hike up a mountain filled with unseen pitfalls. Enter AutoSmartPro MT4, the 'trailblazer' that promises to make your Forex journey smoother—assuming you trust it not to lead you into a swamp i ...

Release Date: 27/03/2024

Can you really trust a trading system promising automation and precision? In this analysis of Elastic Grid, we peel back the layers of functionality to see whether it lives up to the hype. With a glowing rating of 4.8 and a developer with over 12,000 ratings, should you dive in o ...

Release Date: 30/12/2016

In a world where EA promises flood the market, the Boom and Crash Indices Killer EA attempts to rise above the noise. But does it truly deliver the 'unparalleled precision' it boasts? This EA aims to navigate the tumultuous waves of Boom and Crash indices using so-called 'advance ...

Release Date: 26/05/2024

Are you tired of planting seeds and reaping weeds in your trading journey? Welcome to Plant and Harvest Pro, where every trade might just be your golden harvest! Although the EA raises eyebrows with its zero rating and lack of user reviews, the concept of automated trading synchr ...

Release Date: 26/08/2024

Get ready for a rigorous dive into the Genius Edge MT5! Here, we'll critically evaluate its promises, dissect features, and compare it with top competitors. Is this EA truly a hidden gem or just another overpriced promise? Let’s find out together! 👀 Overview of the Genius ...

Release Date: 25/05/2024

Welcome to the wild world of 'HFT Hunter' where we promise not to mislead you with unrealistic fantasies about Forex trading! Instead, let's dive into a sea of sarcasm and analysis to better understand whether this trading robot is a miracle worker or just another snake oil. Read ...

Release Date: 27/10/2017

Dynamic PivotFlex Demand is touted as the ultimate trading companion, but is it really the knight in shining armor for Forex traders? Equipped with fancy features like a Martingale-based strategy and dynamic hedging, it promises to give you the control and flexibility you crave. ...

Release Date: 30/04/2024

Are you ready to dive headfirst into the world of the Three Outside Up GA? This article will unpack its intriguing strategies, dissect dubious claims, and expose its effectiveness with critical insight. If you’re considering whether to hop on this trading bandwagon, you’ll wa ...

Release Date: 29/01/2024

Recover My Trades Pro

Easy Rating: 1/1

MQL Rating: 0/0

Ah, Recover My Trades Pro, the knight in shining armor for those trading with martingale methods! Think of this EA as your guardian angel, ready to swoop in and fix your poorly timed trades. What’s next? Another miracle product claiming to turn your trading losses into wins wit ...

Release Date: 21/02/2021

Valorant

Easy Rating: 1/1

MQL Rating: 0/0

Curious about unlocking your trading potential with an automatic trading assistant? Dive into our comprehensive exploration of Valorant EA! This multi-functional expert advisor boasts advanced trading strategies alongside a surprisingly low-profile reputation. With users reportin ...

Release Date: 04/04/2021

As we delve into HighDaily, it's essential to recognize it for what it truly is—a new player on the crowded field of trading systems, fresh off the assembly line with a confidence-inspiring backtest. But does this system live up to its hype or is it just another well-packaged p ...

Release Date: 28/01/2024

Are you ready to dive into the world of automated trading with the Abs iCustom Universal EA Advance? This expert advisor proclaims to make your trading life a breeze—assuming you trust the signals it provides and your chosen indicators. It’s designed for the coder-averse trad ...

Release Date: 30/07/2024

When it comes to trading within the Forex market, the RSI Sentinel makes quite a splash—at least in theory! This Expert Advisor leans heavily on the Relative Strength Index to inform its trades, promising a hands-off approach for traders eager to reap profits while they sip the ...

Release Date: 28/07/2024

Karla Three - where dreams meet reality in Forex trading! If you've been chasing elusive profits and envisioning your trading success, this could be your golden ticket. But wait, is it really a jackpot, or just another shiny lure in a sea of knockout concepts? Prepare to discover ...

Release Date: 15/12/2022

Ah, Cindershot FX! The shiny new toy in the Forex trading world. With claims that make even Wall Street’s finest raise an eyebrow, this trading system promises to turn your modest investment into a fortune faster than you can say 'scalping strategy'. But before you dive headfir ...

Release Date: 27/03/2024

Outback Trance

Easy Rating: 1/1

MQL Rating: 0/0

Welcome to an in-depth exploration of Outback Trance! With all the excitement of a first date, how will this specialized Expert Advisor fare in the testing grounds of the GBP/AUD pair? While it touts impressive backtesting results and a user-friendly design, traders are left pond ...

Release Date: 27/06/2024

Welcome to the wild world of automated trading with Vision EA! Are you ready to explore yet another shiny object in the vast sea of Forex trading systems? Will this Expert Advisor be the Holy Grail you've been searching for, or will it just be another overhyped solution? Dive in, ...

Release Date: 25/02/2024

Ready to plunge into the thrilling sea of Forex trading with Lxrdz Reign EA? Before you shoot for the stars, let’s sift through the features, feedback, and potential pitfalls to see if it truly lives up to the hype—or if it's just another splashy dream in a sea full of hype. ...

Release Date: 23/01/2024

ForexEagle

Easy Rating: 1/1

MQL Rating: 0/0

Get ready to flap your wings and soar through the Forex market with ForexEagle! Developed by the trading wizard Hadj Ahmed Slimani, this Expert Advisor claims to take your trading experience to new heights. But does it deliver or is it just another flashy feather in the cap? Dive ...

Release Date: 23/01/2024

Curious about MR Gold Trader? This trading robot claims outrageous profitability, but does it hold up under scrutiny? Join us as we unravel its capabilities and authenticity, while providing you the juicy details to make an informed decision on whether to integrate it into your t ...

Release Date: 25/10/2024

So, here we are evaluating the 'SSX Titan TT MT4'—a name that rolls off the tongue like an expensive wine but may leave you with a hangover. The whole buzz about this trading robot boasts of 14 indicators and a flashy algorithm, but are we sipping on overpriced trader-cocktail ...

Release Date: 17/12/2023

Can 'Quantum Algo Trading MT5' be your ticket to trading bliss, or is it just another code-bound mirage? This seriously intriguing EA touts groundbreaking features but raises brows with its lofty price tag. Will it hit the jackpot or spin you in a spiraling loss? Let's plunge int ...

Release Date: 06/05/2024

Welcome to the exhilarating universe of 'Sakura Surge,' where dreams of forex riches are only a few clicks away! With a price tag that could make a double espresso look expensive, this trading system promises more than just reliable trades; it whispers sweet nothings about turnin ...

Release Date: 02/05/2024

Equity Shield

Easy Rating: 2/1

MQL Rating: 457/8

So, you've stumbled upon Equity Shield, the savior of traders too disorganized to manage their own stops and limits. At just $45, is this digital knight in shining armor worth adding to your toolkit, or will it leave your account in ruins? Let's unravel this mystery with a splash ...

Release Date: 11/09/2022

If you've ever considered trading GBP/CAD without the risk of remortgaging your house, then welcome to the wonderful world of Loonie Rise MT5! This 'masterfully crafted' EA offers a thoroughly backtested path to profits—or, you know, maybe not. Let's break down what this enchan ...

Release Date: 02/05/2024

Ah, the mysterious world of Forex trading—a realm where fortunes are won, lost, and sometimes found again under the couch cushions. Enter Price Action Pro EA, a bot that claims to harness the mighty power of price action while our active trading days drift away like money at a ...

Release Date: 15/01/2022

Join us as we dive into the world of Asunder EA, where purportedly lofty profits and perfect win rates reign supreme. Spoiler alert: the truth might be more complicated, and just like your last Tinder date, it’s good to approach with a healthy dose of skepticism! 1. Overview ...

Release Date: 28/12/2023

So, you've stumbled upon the Ambitious Dragon EA thinking, 'Can this little mythical beast really help me conquer the Forex market?' Join me on this rollercoaster of features, settings, and trader blunders. Spoiler alert: it's not all rainbows and profits, but it sure isn't all b ...

Release Date: 21/12/2022

Are you tired of scouring the Forex market for trends like a lost puppy? Fear not! Enter the 'Supply and Demand Assistant'—your new best friend that promises to turn you from a confused beginner into a market-watching hawk. Through its fancy gizmos, this expert advisor claims t ...

Release Date: 02/01/2024

Have you ever wondered what would happen if you took fractals, sprinkled a dash of pending orders, and shook it all up in an EA? Enter the PZ Fractal Trader EA! While this EA claims to perform trades based on fractal concepts, risks are inherent with its martingale feature that c ...

Release Date: 29/01/2019

Have you ever wished for a trading method that works relentlessly while you sip your coffee? Enter All Day Scalper! This fully automated EA claims to keep the money rolling in, but does it really live up to the hype? With its dual fund management approach and secret algorithms, w ...

Release Date: 08/11/2018

Ready to plunge into a trading system that claims to predict the future like a fortune teller at a carnival? Meet the CAP Channel Trading EA MT5! This innovative EA employs envelope theory, but can it actually deliver profits, or is it just blowing hot air? Let’s dig into the d ...

Release Date: 17/01/2020