forex software

Testing and Trading Forex Strategies


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Expert Advisor Studio - User Guide

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:

Editor

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.

Generator

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.

Report

When you have an Expert 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.

Collection

When you create experts manually or us the Generator, the program collects the profitable experts in a collection. You can sort the collected experts by a specific statistical parameter and send them to the Editor for review or export.

Exporting Expert Advisors

You can export your Expert Advisors for use in MetaTrader. The exported experts contain all the necessary indicators included in the same file, which makes it very easy to use the experts in MT or to upload the files to a 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.