Expert Advisor Builder for MT5

Expert Advisor Builder - Create Automated Trading Strategies Without Coding

Additional materials and instructions

Complete manual - MT4 version - MT5 version


Turn your trading idea into a working strategy, without writing a single line of code.

Try it free: a 14-day evaluation version is available on our website.

The Expert Advisor Builder lets anyone create fully automated trading strategies for MetaTrader, with no programming at all. You design your strategy visually in an easy-to-use builder, and this application runs it for you directly inside MetaTrader, around the clock.

What It Offers: A complete way to create, test, and run automated trading strategies. You choose the indicators, patterns, entry rules, exit rules, and risk settings using simple click-to-add components. Each strategy is saved as a plain text module file that you load into this application. From there, MetaTrader executes your strategy automatically, on the symbols and timeframes you choose.

Key Benefits:

  • No coding required - build complete trading strategies visually, with no programming and no compiling

  • Turn a trading idea into a working strategy in about ten minutes

  • Test before you trade using MetaTrader's own strategy tester, not a separate online tester

  • Run many strategies at the same time, across different symbols and timeframes

  • A large set of building blocks: more than 19 indicators, 29 oscillators, 24 candlestick patterns, 18 chart patterns, Fibonacci analysis, and economic news events

  • Built-in risk management with stop loss, take profit, and trailing methods

  • Performance and drawdown monitoring that can pause trading when your limits are reached

  • Your strategies are saved as plain text files that belong entirely to you

How It Works

The Expert Advisor Builder uses three simple parts that work together:

  • The visual builder: where you design your strategy by adding and connecting components, with no coding and no compiling. You can access it through the manual linked at the top of this description.

  • Module files: plain text files you export from the builder. Each file is one strategy.

  • This application: which you attach to a MetaTrader chart. It reads your module files and trades them automatically.

A typical workflow looks like this:

  • Design your strategy in the visual builder. Choose the trade direction, add indicators or patterns for your entry signals, and set your stop loss and take profit rules.

  • Export your finished strategy as a module file.

  • Place the module file in your profile's Configuration folder.

  • Test your strategy in the MetaTrader strategy tester to see how it would have behaved on historical data.

  • When you are happy with it, attach the Expert Advisor Builder to a live chart. It runs your strategy automatically.

  • Adjust and improve any time by editing the strategy in the builder and exporting it again.

For a complete, step-by-step walkthrough with screenshots and examples, please see the full manual linked at the top of this description.

Input Parameters

This application keeps the everyday setup simple. Almost everything about your strategy is set in the visual builder, so in most cases you only choose your profile and leave the rest at their defaults. Every input is explained below, grouped by function.

Profile (PRO)

  • Folder path (e.g. my_ea/v1): The name of the folder that holds your strategy modules. Change it to switch between different sets of strategies. The default is "default".

Combined Feedback (CFEB)

This group saves data about all your running strategies so you can review them later. Each type can be switched on or off.

  • Inspector feedback state: Saves combined performance and drawdown data.

  • Inspector feedback refresh interval (ms): How often the performance and drawdown data is updated, in milliseconds. Default 1000 (once per second).

  • Present trades feedback state: Saves a log of your currently open trades.

  • Present trades feedback interval (ms): How often the open-trades log is updated, in milliseconds. Default 1000.

  • Past trades feedback state: Saves a journal of your closed trades.

  • Meta data feedback state: Saves general system information.

  • Trade screenshots state: Saves a chart screenshot when a trade opens and when it closes.

All Inspector (AISP)

This is a safety layer that watches the combined result of all your strategies and can automatically stop trading when a limit is reached. In each parameter name, "abs" is an absolute amount in your account currency, "rel" is a relative amount in percent, "min" is a lower limit, and "max" is an upper limit. A value of 0.0 switches that single limit off. The day, week, month, and year limits reset at the start of each new period, while the "since start" limits never reset.

Performance limits look at the total profit or loss for the period:

  • Performance day abs min: Lower profit or loss limit for the current day, in account currency.

  • Performance day abs max: Upper profit limit for the current day, in account currency.

  • Performance day rel min: Lower profit or loss limit for the current day, in percent.

  • Performance day rel max: Upper profit limit for the current day, in percent.

  • Performance week abs min: Lower limit for the current week, in account currency.

  • Performance week abs max: Upper limit for the current week, in account currency.

  • Performance week rel min: Lower limit for the current week, in percent.

  • Performance week rel max: Upper limit for the current week, in percent.

  • Performance month abs min: Lower limit for the current month, in account currency.

  • Performance month abs max: Upper limit for the current month, in account currency.

  • Performance month rel min: Lower limit for the current month, in percent.

  • Performance month rel max: Upper limit for the current month, in percent.

  • Performance year abs min: Lower limit for the current year, in account currency.

  • Performance year abs max: Upper limit for the current year, in account currency.

  • Performance year rel min: Lower limit for the current year, in percent.

  • Performance year rel max: Upper limit for the current year, in percent.

  • Performance since start abs min: Lower limit since the application started, in account currency.

  • Performance since start abs max: Upper limit since the application started, in account currency.

  • Performance since start rel min: Lower limit since the application started, in percent.

  • Performance since start rel max: Upper limit since the application started, in percent.

Drawdown limits look at how far your result has fallen from its highest point:

  • Drawdown day abs max: Maximum drawdown for the current day, in account currency.

  • Drawdown day rel max: Maximum drawdown for the current day, in percent.

  • Drawdown week abs max: Maximum drawdown for the current week, in account currency.

  • Drawdown week rel max: Maximum drawdown for the current week, in percent.

  • Drawdown month abs max: Maximum drawdown for the current month, in account currency.

  • Drawdown month rel max: Maximum drawdown for the current month, in percent.

  • Drawdown year abs max: Maximum drawdown for the current year, in account currency.

  • Drawdown year rel max: Maximum drawdown for the current year, in percent.

  • Drawdown since start abs max: Maximum drawdown since the application started, in account currency.

  • Drawdown since start rel max: Maximum drawdown since the application started, in percent.

File Handling (FIHA)

  • Live, Configuration files reading interval (ms): How often MetaTrader re-reads your strategy files during live trading, in milliseconds. Default 1000. A shorter interval makes edits take effect faster.

  • Tester, Configuration files reading interval (ms): How often the files are re-read during a strategy test, in milliseconds. Default 86400000 (about one day), which keeps tests running fast.

Notifications (NOTI)

  • Protection: Sends an alert when a safety limit from All Inspector is reached. Default on.

  • Report daily: Sends a performance report once per day. Default on.

  • Report weekly: Sends a performance report once per week. Default off.

  • Report monthly: Sends a performance report once per month. Default on.

  • Report end: Sends a final report at the end of a strategy test. Default off.

  • State logs: Writes the current state to the MetaTrader log. Default off.

  • State mails: Sends the current state by email. Default off.

Parameter Override (PAOV)

This group lets you replace your strategy's settings with different values directly from the inputs, without exporting your strategy again. It is mainly used in the strategy tester, including during optimization. There are 20 numbered override slots (Override 1 to Override 20), each with two parts:

  • Override (number): Selection: Chooses which of your strategy's settings to replace.

  • Override (number): Value: The new value used for the matching selection.

Frequently Asked Questions

Do I need to know how to code?

No. You build your strategy visually by adding and connecting components. There is no programming and no compiling - your strategy is saved as a plain text module file that the application reads.

Do I build strategies inside MetaTrader?

You design your strategies in the visual builder and export them as module files. This application is what runs those files inside MetaTrader. The full setup is explained in the manual linked at the top of this description.

Can I test a strategy before trading it live?

Yes. Your strategies run in the MetaTrader strategy tester, so you can check how they would have behaved on historical data before using them on a live chart.

Can I run more than one strategy at a time?

Yes. You can run many independent strategies at the same time, across different symbols and timeframes.

Do I have to configure all the input parameters?

No. In most cases you only choose your profile and leave the rest at their defaults. The other inputs are optional and give you more control when you need it.

Do the strategies belong to me?

Yes. Each strategy is saved as a plain text file that is entirely yours.

Which platforms and markets are supported?

The Expert Advisor Builder works with MetaTrader on all symbols and timeframes, and with all brokers.

Need help?

For detailed and personal support, feel free to contact us through our profile or leave a comment here.

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Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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XIRO Robot is a professional trading system created to operate on two of the most popular and liquid instruments on the market:  GBPUSD, XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable and
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BB Return — an Expert Advisor for gold trading (XAUUSD). I previously used this trading idea in manual trading. The core of the strategy is a return of price to the Bollinger Bands range, but not blindly and not on every touch. For the gold market, bands alone are not enough, so the EA uses additional filters that eliminate weak and non-working market situations. Trades are opened only when the return logic is truly justified.   Global   update   on   June   14th   Trading principles — the strat
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Chen Jia Qi
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ArtQuant Gold — Multi-Module Expert Advisor for XAUUSD ArtQuant Gold is an automated trading system developed exclusively for Gold trading on MetaTrader 5. The EA combines multiple independent trading modules with centralized portfolio management, exposure limits, execution filters, virtual trade management and account-protection tools. It is designed for traders who want a dedicated XAUUSD system without having to configure individual indicators or internal strategy parameters. ArtQuant Gold su
Quantum Bitcoin EA
Bogdan Ion Puscasu
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Quantum Bitcoin EA : There is no such thing as impossible, it's only a matter of figuring out how to do it! Step into the future of Bitcoin trading with Quantum Bitcoin EA , the latest masterpiece from one of the top MQL5 sellers. Designed for traders who demand performance, precision, and stability, Quantum Bitcoin redefines what's possible in the volatile world of cryptocurrency. IMPORTANT! After the purchase please send me a private message to receive the installation manual and the setup i
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Profalgo Limited
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PROP FIRM READY!  --> DOWNLOAD ALL SET FILES WARNING: Only a few copies left at current price! Final price: 990$ NEW (from 399$ only) : Choose 1 EA for Free! (limited to 2 trade accounts numbers, any of my EAs except UBS) Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here Live Signal Live Signal 2 !! THE GOLD PHANTOM IS HERE !! After the massive success of The Gold Reaper, I'm extremely proud to introduce its powerful brother: The Gold Phantom , a pure, no-nonsense breako
Gold Trade Pro MT5
Profalgo Limited
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LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strate
Argos Fury
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For the first time on this platform | An EA that understands the market For the first time on this platform, an Expert Advisor uses the full power of Deep Seek. In combination with the Dynamic Reversal Zoning strategy, a system is created that not only detects market movements – but understands them.     Setup Timeframe: H1 Leverage: min 1:30 Deposit: min $200 Symbol: XAUUSD Broker: all This combination of Deep Seek and the Reversal Strategy is new – and that’s exactly what makes it so exci
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William Brandon Autry
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Syna 7 - The AI Trading Operator That Stays With the Trade. Most trading systems make an entry decision and then fall back to fixed rules. Syna 7 remains involved. Syna is an autonomous AI trader, trading assistant, and position-management system designed to operate from analysis through exit. It can analyze current market conditions, evaluate news and volatility, remember the original trade reasoning, monitor open exposure, and continue reassessing the position as conditions change. Trading do
Big Forex Players MT5
MQL TOOLS SL
4.76 (140)
Experts
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
Wall Street Robot MT5
MQL TOOLS SL
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Experts
Wall Street Robot is a professional trading system developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to operate
Aero MT5
Volodymyr Babak
5 (3)
Experts
Transparent pricing model.  The price increases with each stage of sales. Next stage: $1200 . [  Live Signal +14 Months  ] [  Live Signal +7 Months  ] How Aero works Aero is a fully automated Expert Advisor for XAUUSD (Gold) , built on a breakout strategy . Breakouts on Gold offer some of the best entry opportunities: key levels are broken almost every day. The problem is that far from every one of them follows through. This is exactly the problem Aero solves: it is an advanced system for iden
Burning Grid
Magma Software Solutions UG
4.59 (29)
Experts
BURNING GRID UP TO 35 SYMBOLS. ONE COORDINATED GRID SYSTEM. The forex market does not move through one currency pair at a time. While one symbol is trending, another may be consolidating, reversing or building a completely different opportunity. Burning Grid was developed for this multi-pair environment. From one MetaTrader 5 chart, the EA can process up to 35 supported symbols. Different grid strategies can pursue their own opportunities, while shared controls coordinate risk, spreads, currenc
Mad Turtle
Gennady Sergienko
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Experts
Symbol XAUUSD Timeframe (period) H1-M15 (any) Support for single-position trading YES Minimum deposit 500 USD  (or the equivalent in another currency) Compatible with any broker YES (supports 2 or 3-digit brokers. Any deposit currency. Any symbol name. Any GMT time.) Runs without pre-configuration YES If you are interested in the topic of machine learning, subscribe to the channel:  Subscribe! Key Facts about the Mad Turtle Project: Real Machine Learning This Expert Advisor does not conn
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