EA Studio is the one and only online generator for Expert Advisors. With EA Studio you can create Experts for both MetaTrader 4 and MetaTrader 5 in an easy and reliable way. You do not need to know any advanced programming languages since EA Studio is smart enough to do all the coding for you.
The core of the program is an advanced backtesting algorithm, similar to that in the MetaTrader's Strategy Tester, but much faster. The program is so fast, that it is able to create and backtest Expert Advisors automatically.
EA Studio consists of several core components:
The Editor allows you to create and edit Expert Advisors by setting indicators and parameters. When you do it, the program calculates the Expert Advisors against historical data, shows the most important stats and draws account and indicator charts. You can use this information to evaluate the experts and, if you are satisfied, you can export them as MQL files. The best generated Expert Advisors are stored in the Collection.
The Generator creates and tests Expert Advisors automatically. The best generated Expert Advisors are stored in the Collection. When you generate an Expert, you can send it to the Editor for review and export.
When you have a strategy loaded in the Editor, you can go to Report to see extensive information about its backtest results. The Report page contains the full statistical information, charts and trade journal from the historical test.
When you create strategies manually or use the Generator, the program collects the profitable strategies in the Collection. You can sort the collected strategies by a specific parameter and open them in the Editor or export them directly as Expert Advisors.
You can export your strategies as Expert Advisors. The exported Experts contain all the necessary code, which makes it very easy to use the experts in MT or upload them to your VPS.
You can confirm the proper work of the experts with a MetaTrader test and with a demo test on unknown data. If your tests are good, you can use your experts for real trading.
The idea of EA Studio is that an Expert Advisor with a good backtest and a corresponding forward demo test 'may' bring a real profit.
Please be extremely careful when trade with real money and always consider your risks.