MetaTrader EA

Find the Right Edition That Fits You

Scalperology Ai MT5

Global

Pairs:

AUD/JPY

AUD/USD

EUR/AUD

EUR/GBP

EUR/JPY

EUR/NZD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

30-Day Profit: 33.34%

7-Day Profit: 26.35%

Support: 24х7 via Telegram

Free EA🚀

Breakopedia Ai MT5

Global

Pairs:

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: 27.22%

7-Day Profit: 21.06%

Support: Developer

Download💾

What is a MetaTrader EA?

MetaTrader EA (Expert Advisor) is an automated trading system designed to execute trades on the MetaTrader platform.

Utilizes predefined rules and market indicators to make trading decisions without human intervention.

Commonly used in Forex trading, allowing traders to automate their strategies and optimize their emotional responses.

Key Features of MetaTrader EA

Automated Trading: Executes trades based on set parameters continuously without manual input.

Customizable Strategy: Users can tailor settings like lot sizes, risk levels, and specific indicators to match their trading style.

Risk Management: Includes features like stop-loss and take-profit orders to protect against significant losses.

Backtesting Capability: Allows traders to test their strategies against historical data to evaluate performance before going live.

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Types of MetaTrader EAs

Scalping EAs: Designed to make quick trades to profit from small price changes.

Trend-Following EAs: Execute trades in the direction of the market trend, utilizing indicators like Moving Averages.

Grid Trading EAs: Implement a strategy that places buy and sell orders at set intervals to capitalize on market volatility.

News Trading EAs: Focus on major economic events, executing trades based on anticipated market movements from news releases.

Examples of MetaTrader EAs

Ego EA: Features intelligent trading logic that adapts to different market conditions with customizable parameters and built-in money management【4:0†source】.

Eternal Engine EA: Utilizes advanced algorithms for identifying optimal trading opportunities and supports multi-currency pair trading【4:2†source】.

Grid Trade Manager for MT5: Manages trades using a grid strategy, dynamically adjusting to market movements【4:1†source】.

Benefits of Using MetaTrader EAs

Time-Saving: Allows traders to engage in the market without needing to watch price movements constantly.

Emotion-Free Trading: Eliminates emotional biases, following the strategy strictly as programmed.

24/7 Trading: Capable of monitoring the market and executing trades at any time, including weekends and holidays.

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Considerations When Using MetaTrader EAs

Market Conditions: Performance may vary depending on market volatility and economic factors.

Broker Compatibility: Ensure the EA is compatible with your specific broker and trading conditions.

Regular Monitoring: Even automated systems require oversight to adjust settings and ensure efficiency.

Risk Manager for MT4

MT4 Utilities

Easy Rating: 5/2

MQL Rating: 45/8

Forex Automation Risk Management Tools

In the wild world of Forex trading, where financial sharks lurk around every virtual corner, finding a solid risk manager is like trying to find a needle in a haystack—only this needle has a stop-loss attached. But fear not! Our famed Risk Manager for MT4 promises to keep your ...

Release Date: 20/09/2021

Partial Closure EA MT4

MT4 Utilities

Easy Rating: 5/1

MQL Rating: 5/3

Automated Trading Trading Strategy

In a world where every tick can make or break your account, the Partial Closure EA MT4 sits like a somewhat trustworthy sidekick. Sure, it claims to help you snatch profits before the market throws a tantrum, but let’s be honest - we have all seen gadgets that promise more than ...

Release Date: 06/06/2022