forex software

Create and Test Forex Strategies

forex software


Quick Start

Hello trader you're Welcome. Using Expert Advisor Studio you can easily create an Expert Advisor and discover a trading strategy by following few easy steps:

1. Set Your Account

Set a virtual account in EA Studio by the same way you set a demo account at in your forex broker. To do it, go to the Settings tab and select your account currency, initial account amount and the leverage.

Account Settings

Make sure these settings correspond to your broker's account in order to get the same results later in MetaTrader.

2. Import Data from MetaTrader

We provide Data's Export Scripts for both MetaTrader versions, You'll find them for download inside EA Studio at Tools > Data Import.

Data export script

Save ours Data Export Script inside MetaTrader Terminal Scripts Folder.

The easiest way to find it is to use the MetaTrader’s File menu → Open Data Folder command. Then go to MQL4 and Scripts folder.

When you put the script there, return to MetaTrader, right click on the Navigator panel and select Refresh. The script will appear in the list. You have to open the script in the Editor for MetaTrader 5 and compile it.

Data export script

Run the script to the chart. It's done, you have saved the quotes.

Now open the MetaTrader Files folder (File menu → Open Data Folder) and (drag upon) upload these Symbol-TimeFrame.JSON files to Expert Advisor Studio.

3. Generate Strategies

Create a trading strategy from the ground up choosing the entry triggers manually in Editor or using our advanced backtester algorithm Generator that was built to find strategies that make sense and uses logical blocks and have goods standards as acceptance criteria.

4. Choose a Strategy from the Collection

Let the Generator spin for a moment. When it stop go to Collection, there is where the bests Expert Advisors i'll be stored.


In Collection you can see the equity curve of the top strategies and apply filters to select one that's suits yours needs.

5. Review the Strategy Trading Rules and Stats

Find a strategy and click upon it to open the Strategy Editor for a review.

Using Editor to change settings, Entry Rules and indicators parameters. At the right pane there is a table that shows most important's statistics as Net Profit / Max Drawdown and so on. Below it there is a equity curve graph also.

Use this information for fast evaluation. For complete Statistics check out the Report Page.

When you are satisfied you can export the strategy as MQL file ready to trade in MetaTrader Terminal.

6. Export an Expert Advisor

Find the Export button in the toolbar of the Editor tab.

Export Expert Advisor

Export the current strategy to a MQL Expert Advisor.

7. Test an Expert Advisor with MetaTrader

Expert Advisor Studio exports trading strategies written in 100% native MQL code. Our program do not require third party code and compiles in MetaTrader without any errors or warnings.

Save the EA inside your MetaTrader Folder at “MQLx\Experts\”. Open the file with MetaEditor and compile(F7) it. Test the exported EA using MetaTrader Tester for same Symbol, Data and Period that the strategy was generated for.

Be aware to compare both backtest results for maximum equality. ;-)

Comparing Results

Expert Advisor Studio is the most advanced platform for trading strategy creation. It enables you to use a fully automated workflow for strategy generation, strategy optimization and strategy validation.

Trade Safe.

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Authors: Miroslav Popov, Yavor Kirov and Vinicius Pereira.

Risk Disclosure Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.

Hypothetical performance results have many inherent limitations, some of which are described here. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.