AI Expert Advisors: What the AI Does and Why Your Backtest Can't Show It
An AI expert advisor that asks an online AI gets no answer in the MT5 tester: 11 of 11 requests failed in our test. What each kind of AI EA can prove.
Backtest vs Live Trading: What EA Results Really Show
A backtest is a simulation on past data; a live record is activity on a funded account. See why EA results differ and how to investigate a mismatch.
Claude vs GPT: Which AI Writes the Better MT5 Indicator?
Claude and GPT wrote the same MT5 indicator from one prompt. Both were right on the chart, both showed nothing in the Strategy Tester, both fixed it at once.
Is Bitcoin More Volatile on Weekends? Six Years of Data, 2020–2026
Since mid-2022 a Saturday moved 1.6% from high to low in the median, a weekday 3.4–3.7%. Bitcoin weekend data by day, by hour and for the CME gap.
RoboXpert BTC Weekend: Bitcoin weekend EA for MT5
RoboXpert BTC Weekend trades Bitcoin on Saturdays and Sundays in MT5 at three risk levels. See the dated backtest, the crash Saturday and the costs.
Build an MT5 EA with AI: From Prompt to Backtest
One prompt, one MT5 Expert Advisor: we compiled the AI’s answer unchanged, backtested 646 trades and checked each one against the rule. Source included.
Create a TradingView Indicator with AI: Pine Script, Alerts and Checks
We built a TradingView indicator with AI in Pine Script v6 and checked it on a chart: a confirmed signal, a blocked signal and a logged realtime alert.
100% a Month With a Trading Indicator? A Reality Check
Can a trading indicator make you rich? One 100% month is not proof: repeated for a year, $1,000 would become $4,096,000. Seven questions before buying.
Cash FX Group: The CFTC Case and AI Trading Claims Explained
The CFTC alleges Cash FX Group raised over $950 million in a Ponzi scheme sold as forex trading. Dated timeline, what a payout proves and records to keep.
How to Check if a TradingView Indicator Repaints: A Practical Test
Check if a TradingView indicator repaints: compare the open bar, the closed bar and a reload. Our Pine v6 test shows a pivot marker drawn two bars back.
How to Choose a Broker for Expert Advisors: 25 Checks Before You Open an Account
Choose a broker for an Expert Advisor by its contract, not its advert: 25 checks for EA terms, stops level, costs and servers, plus a read-only MT5 script.
Is There a Consistently Profitable Forex EA? What It Takes
No forex EA is proven to profit in every month or market. Consistency needs an edge, a fixed account stop, a buffer and a risk setting you don't turn up.
Daybreak EA: gold and yen breakout EA for MT5
Daybreak trades one breakout a day on gold and USDJPY in MT5, no grid, a stop on every trade. See the dated real-tick backtest, from €500 accounts.
Do Expert Advisors Really Work? What Results Can Prove
Expert Advisors work as automation, but that proves no edge. In our hypothetical model, 1,000 no-edge candidates yield an eight-win record 98% of the time.
EA Lot Size Explained: Fixed Lot, Risk Percent and Capital Needed
EA lot size in money: 0.10 lots with a 20-pip stop loses $20, 4% of $500 or 0.4% of $5,000. Fixed lot vs risk percent, margin and a calculator.
Trading Cost Sensitivity: How Much Cost Can a Strategy Survive?
Break-even trading costs for a backtest: in our 23,899-event sample, the mean reached zero at 7.7% of the assumed costs. Method, 12 datasets and code.
Equity Drawdown vs Balance Drawdown: EA Risk Explained
Equity drawdown includes open-position profit and loss; balance drawdown does not. Hypothetical example: equity falls 27.27% from its peak, balance 2.86%.
How Much Does a Forex Robot Cost? Expert Advisor Prices, Rent and Custom Builds
The median paid MT5 Expert Advisor among the first 700 on MQL5 cost $197.50 on 31 Oct 2026; renting a month cost 40% of that. Custom jobs offered $30–150.
Do Fair Value Gaps Work? A 23,899-Trade Backtest With Costs
Fair value gap backtest: 23,899 FVG retest events averaged +0.020R before and −0.240R after assumed costs. Rules, 12 datasets, controls and Python code.
Free Expert Advisors for MT5: We Tested the 34 That Ship With MetaTrader
MetaTrader 5 installs 34 free Expert Advisors with source code. In our backtest with default inputs, 7 made a profit, 3 never traded and 1 lost everything.
FTMO Review: What Are You Really Paying For?
FTMO review: the fee buys a simulated evaluation, not the account balance. No refund on 1-Step, a conditional one on 2-Step. Cost calculator and EA rules.
FX Blue vs Myfxbook: What Each Verification Proves
FX Blue grades where the data came from: verified, semi-verified or unverified. Myfxbook checks history and account control separately. Neither names the EA.
Best Gold EA? Benchmark It Against Buy-and-Hold and a Coin Flip
A coin-flip EA on XAUUSD made 18,393 USD on a 10,000 USD deposit in our backtest. Three benchmarks to run before you believe a gold EA result.
Grid Trading vs Martingale: How Forex EAs Increase Risk
A grid spaces entries by price; martingale raises lots after losses. In our hypothetical EURUSD model, the doubling account loses 54.88% before a rebound.
How to Choose an Expert Advisor: MT4 & MT5 Checklist
Choosing an MT4 or MT5 expert advisor? Check trading logic, drawdown, verified results, broker compatibility and costs with our practical EA buying checklist.
What Happened to IM Academy and IYOVIA? The FTC Case Explained
IM Academy (IYOVIA) is no longer in business, the FTC said in August 2026. A June 2026 court order bars the defendants from selling trading training.
How to Install an Expert Advisor in MT5 on Windows
Install an EA in MetaTrader 5 on Windows: copy the EX5 into MQL5/Experts, compile MQ5 source with F7 or use Market. Then check that it started.
Is AI Trading Legit? Check a Trading Bot Before You Pay or Deposit
Is AI trading legit? Ask who holds your money. The SEC alleges that in three 2026 cases, $27.6M went to the provider and no AI bot traded.
MT4 and MT5 on Mac: Install MetaTrader, EAs and Indicators
MetaTrader 4 and 5 run on a Mac, including Apple Silicon, via MetaQuotes' Wine installers. With screenshots and tested folder paths for EAs and indicators.
MetaTrader VPS vs Windows VPS: Which Fits Your EA?
MetaTrader VPS hosts one trading account per rental and prohibits DLL calls. A Windows VPS gives you a full remote desktop. See which one your EA needs.
MQL5 Market: How to Read an EA Page Before You Buy
128 of 187 rated EAs on the first MQL5 Market pages had 4.5 stars or more on 7 October 2026; 96 had fewer than ten reviews. What each field proves.
MT4 vs MT5 Backtest: Which Strategy Tester Is More Accurate?
MT5 can backtest on a broker's real ticks with a changing spread; MT4 builds ticks from bars at one fixed spread. What that changes, and what 99% quality means.
MT4 vs MT5 for Expert Advisors: Which Platform Your EA Needs
An MT4 EA does not run in MT5: MT4 uses MQL4 and .ex4 files, MT5 uses MQL5 and .ex5. Compare account modes, tester and markets to pick the right platform.
MT5 AI Assistant: Features, Permissions and Limits
Per MetaQuotes’ build 6230 notes, MT5’s built-in AI Assistant can prepare tests and launch EAs on charts. What to permit, plus a read-only check to run.
MT5 EA Not Trading? Diagnose Permissions, Signals and Order Errors
Find where your MT5 EA stops before a trade: startup, trading permission, signal conditions or order response. With lab logs for codes 10027 and 10013.
MT5 Hedging vs Netting: See What Happens to Your Positions
MT5 netting keeps one position per symbol; hedging holds separate positions. Four hypothetical orders end as one 0.10-lot sell or four open positions.
MT5 MCP Server: Connect Claude Code to MetaTrader 5
We connected an AI agent to MetaTrader 5’s built-in MCP server: setup, the 67 tools it lists, a compile-and-backtest run and the fix for Macs.
MT5 Server Time: Why Your EA Trades an Hour Early or Late
MT5 runs on your broker's server clock, not yours. On a UTC+0 server, gold's previous-day high or low differed on 49% of days. How to check yours.
Multiple EAs on One MT5 Account: Magic Numbers, Conflicts and Risk
MT5 can run multiple EAs on one account, one per chart. They share positions, equity and margin; a magic number is a label, not a lock. Test kit included.
Previous Day High/Low Breakout on Gold: Ten Years Tested, With and Without a Rally
We tested the previous day high/low breakout on gold, 2016–2026, with costs. It lost in every flat gold year and earned mainly with buys in the rally.
Prop Firm EA Rules: Which Bots Are Allowed and Where Today's Loss Limit Sits
FundedNext counts even risk tools as EAs from $50K. And the same 5% daily limit can sit at $97,000 or $99,750. Prop firm EA rules checked 31 Oct 2026.
How to Read an MT5 Strategy Tester Report
We rebuilt 33 figures of a real MT5 Strategy Tester report from its deal list. All match: Gross Profit contains commission and the balance graph counts deals.
Risk Guard MT5: risk management & free community access
Plan your trades, set account rules and review your habits with Risk Guard for MT5. Listed at $79 on MQL5; ask about free access for the RoboXpert community.
Session Break: gold, yen and bitcoin breakout EA for MT5
Session Break trades the breakout after each market's quiet hours on gold, USDJPY and bitcoin in MT5, with a stop on every trade. See the real-tick backtest.
SkyWebR: automated EURUSD trading for MT5
Explore SkyWebR, our EURUSD grid EA for MetaTrader 5. Review the public account, understand the risks and message RoboXpert for access details.
TradingView Alerts Not Working? A Tested Troubleshooting Guide
Find where a TradingView alert fails: signal, saved alert or notification. In our test, an existing alert kept its saved inputs after a chart change.
TradingView Indicator vs Strategy: What Can Actually Trade?
A TradingView indicator shows signals; a strategy adds simulated orders. Neither sends Pine orders to a broker directly. Tested with two matched scripts.
How to Verify EA Results on Myfxbook
Myfxbook verification covers trade history and account control, not which EA made the trades. Seven checks, a dated account example and a free worksheet.
Warrior Trading Review: Ross Cameron's Results, Costs and FTC Case
Warrior Trading review: Ross Cameron's “audit” covers his own accounts, not student results. Plus course costs and the 2022 FTC order ($3 million).
What Is an Expert Advisor? How Forex Robots Actually Work
An Expert Advisor (EA), or forex robot, is a MetaTrader program that trades by programmed rules. One example rule shows why a signal is not yet a position.