Expert advisors for MT5 and MT4
An expert advisor (EA) is a trading robot that runs inside MetaTrader and follows fixed rules for entries, exits and risk. Ours are written by our own developers. Use the filters to narrow by market and style, and open any EA to check its drawdown, minimum deposit and broker requirements before you buy. Trading gold or a prop firm challenge? Start with our Gold EAs or Prop firm EAs.
Platform
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How to choose the right expert advisor
- Match the market you can trade. Gold EAs need tight spreads, so check your broker's XAUUSD spread and commission first.
- Read the drawdown, not the gain. The worst live drawdown is what you must be able to sit through.
- Respect the minimum deposit. Running an EA on a smaller account than it was tested on multiplies the risk.
- Prefer long live records. Three months is a minimum; twelve months across different market conditions tells you far more.
- Know the strategy. Grid and martingale systems can show smooth curves until one bad run empties the account. Check whether a tool uses either before you buy.
New to EAs? Follow how to install an EA in MT5, and size your risk with the position size calculator.
Expert advisor FAQ
Are forex robots profitable?
Some are, for a while, in the market conditions they were built for. No EA wins in every market, so judge one by its live track record and its worst drawdown, not its best month.
Do I need a VPS?
If the EA must trade around the clock, yes: it only works while MetaTrader is running and connected. A VPS close to your broker's server also cuts delays.
MT4 or MT5?
MT5 is newer, has a faster Strategy Tester and can backtest on real ticks, so most new tools are MT5-first. Use MT4 only if your broker or prop firm requires it.
Can I change the settings?
Yes. Inputs such as lot size, risk and trading hours can be changed in MetaTrader, and our set files guide shows how to load and save them. Changing lot size or risk changes the results you should expect.
