Choose your system
Understand the strategy, the risk and the questions to ask before choosing an EA.
18 articles
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.
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.
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 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.
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 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.
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.
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.
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.
Choosing an MT4 or MT5 expert advisor? Check trading logic, drawdown, verified results, broker compatibility and costs with our practical EA buying checklist.
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.
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 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 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.
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 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.
Explore SkyWebR, our EURUSD grid EA for MetaTrader 5. Review the public account, understand the risks and message RoboXpert for access details.
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.
