Create EAs without knowing anything about programming.Develop indicators and EAs for trading Forex pairs, stocks, indices, ETFs, commodities.Here are the basic features of the EA Builder: You can also turn any manual system into a fully-working Forex Robot (EA). You can turn your manual trading into arrows and alerts and create indicators for MT4, Mt5, and TradeStation. The EA builder is a free application for creating indicators. ◙ EXPERIENCE: Semi-Advanced / Advanced Traders
(1) EA Builder for MT-4, MT-5, and Tradestation Here are the free Expert Advisor Builders: When you create your first customized EA you are advised to test it risk-free in a Demo Account before trading for real money. Some of the following EA builders are web-based, others require installation. MT4 builders are designed to generate customized Expert Advisors by compiling MQL4 or MQL5 code. Τhe following EA builders are offered for free / or provide a free-trial period and can be used for creating EAs on MetaTrader-4 and MetaTrader-5.
StrategyQuant (Backtesting & Optimizing EA Strategies).Price hits your pre-set Take Profit(can be set in settings), for example 100pips from the price of the entry.For Option 2 EA: By default Take Profit is set to zero and in this case EA will only exit the trade whenever Fast Moving Average hits the Medium Moving Average (from bellow or above – deepening on your position direction).For Option 1 EA: By default Take Profit is set to 50 pips (you can adjust the number).There are 3 options you are going to Take Profit in this strategy: Our testing has proven, that 30-60pips for a trailing stop is a healthy choice. So its up to you whether to use it or not. TIP! Please be aware, that by using trailing stop you are also reducing your trade’s “breath space”, you are squishing it to narrower space in cost of safety. This way you can avoid bigger losses and capture even the smallest profits. If you use trailing stop function EA will lift up your stop to positive side whenever you reached certain amount of positive pips(see example.). This is professional trading tool, so it has trailing stop option as well. By default EA automatically puts fixed stop loss at 50 PIPS at the time of the entry.
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