Expert Advisor Builder for MT4

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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LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Buy Goldbot One and choose 1 EA for free!! (for 2 trade accounts) JOIN PUBLIC GROUP:   Click here Ultimate Combo Deal   ->   click here Introducing   Goldbot One , a highly sophisticated trading robot engineered for the gold market. With its focus on breakout trading, Goldbot One leverages both support and resistance levels to identify prime trading opportunities. This expert advisor is crafted for traders who seek
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No losing months since August 2019, with a 2.04% monthly gain: Live performance MT 5 version can be found here Sentinel AI is fully automated trading system is built for major forex pairs such as EURUSD and GBPUSD on the M5 timeframe. By combining price action and mean reversion principles with advanced AI-driven analytics, it is designed to identify potential trend reversals and exploit market inefficiencies with greater accuracy and efficiency. Supported currency pairs: EURUSD, GBPUSD Timefram
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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
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Real monitoring :   XAUUSD M30 SL3 ,          XAUUSD M30 SL5 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  1   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  649   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  920   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what this advisor
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Price Action Robot is a   professional trading system   built entirely on real market behavior without indicators, grid strategies, or martingale systems. It analyzes   pure price action , focusing on structure, trend dynamics, and key market movements to identify high probability trading opportunities. The system is designed to read the market the same way experienced traders do, using logic based on real price movement rather than lagging indicators. It reacts dynamically to changing market co
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RiskShield Dragon   — Automated Multi-Currency Advisor Combining intelligent algorithms, robust protection mechanisms, and flexible configuration, **RiskShield Dragon** delivers consistent profits with minimal risk. --- ## Key Advantages * **Multi-Currency & Multi-Threaded**: Supports over 20 currency pairs (EURUSD, GBPUSD, USDJPY, AUDUSD, NZDJPY, and more) simultaneously on any timeframe. * **Minimum Deposit from 10,000**: Optimized for trading with a starting balance of 10,000 account uni
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️   Already own Boring Pips EA? You’re eligible for an  additional 30% discount! Contact to learn more about: How to  claim your rebate Trump’s second term has reignited a wave of aggressive trade policies, starting with the return of sweeping tariffs that are rattling global markets Tensions in the Middle East have flared — most recently between Israel and Iran — sending oil prices surging The Russia–Ukraine war continues with no resolution in sight, fueling ongoing geopolitical ins
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Double Blow Scalping EA: An Innovative Advisor for MT4, Inspired by Quantum Technologies - Limited Edition!!! Description: Double Blow Scalping EA is a revolutionary trading algorithm for MetaTrader 4 that combines advanced principles of quantum computing and scalping strategy. His work is based on a unique imitation of qubits, the key elements of quantum computers that allow processing multiple market scenarios simultaneously. This gives the Expert Advisor unprecedented analysis speed and acc
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Jacques Scholtz Fourie
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This EA is a grid-based trading system. It incorporates several advanced features to manage trades dynamically and adapt to market conditions. Here's a summary of its functionality: I am happy to provide my settings file. Recomendation would be to run on a 20 000 cent account. Key Features: 1. Grid Trading Strategy:    - The EA uses a grid-based approach to open buy and sell trades at predefined price intervals.    - It dynamically adjusts the grid levels based on market conditions and risk se
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Pablo Salgado
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Forex Engine EA is a professional MetaTrader 4 trading robot built around a structured reversal and mean-reversion methodology. It analyzes swing highs and lows, support and resistance zones, market overextension, and overbought or oversold conditions to identify areas where a price correction or reversal may occur. When price approaches a key resistance zone, the EA evaluates the possibility of selling pressure before considering a sell entry. When price reaches a strong support area, it looks
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Hello all Recommended Broker For the best trading conditions, low spreads, and fast execution, a   Zero Spread   account is recommended. Open an Exness Zero Account: https://one.exnesstrack.org/a/lmeqq9b7 Ninja Forex EA  How to configure settings on gold https://t.me/Arman_MT4/2685 The expert works on technical levels with some indicators for entering deals It works in reverse If the general shape is bullish, selling is entered with the suspension of a pending deal If the trend is down, buy is
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Aliaksandr Bialko
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PMT MQL5 Gold Hello, traders! We are a team of professional traders and developers. We are pleased to welcome you and present our best algorithm, built into PMT MQL5 Gold. This solution was created with attention to every detail, and we believe it deserves your attention. Professional Expert Advisor for Gold Trading   PMT MQL5 Gold is an automated Expert Advisor created specifically for XAU/USD / Gold on the H1 timeframe. It is not a universal robot for dozens of symbols, but a focused syst
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Short Description: Advanced, stable multi-order EA featuring dual-mode Trailing/Breakeven, hidden levels, and steady 80% Win Rate. Engineered for robust capital growth with tight ~10% Drawdown. Non-overoptimized. Long Description : AccountUP Algo is a premium, fully automated Expert Advisor engineered for stable, long-term equity growth without exposing your account to extreme market risks. Designed with a deep focus on capital preservation, this EA delivers a smooth, almost linear equity curv
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Andriy Sydoruk
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Advisor (Fortune): Your Reliable Tool for High-Frequency Forex Trading The Fortune advisor is designed to be used on any timeframe, any currency pair, and on any broker's server. Its unique trading system makes it a versatile tool for traders. For optimal performance, it is recommended to trade liquid forex pairs, maintain a low spread, and use a VPS. You can start with a $100 deposit and a lot size of 0.01. Key Features and Benefits High-Frequency Trading : Utilizes two trading options: with v
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Charles Harper
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[ EA] ENTERPRISE LT is a MetaTrader (MT4) Expert Advisor designed for use with most currency pairs and Gold. It implements complete, fully functional trading strategy. It is NOT based on any indicators or Price Action. It is very easy to set up and supervise. The strategy is timeframe-independent. [EA] ENTERPRISE LT has a set of unique features: It can be individually adjusted, according to your strategy. It has complete money management and risk management. Advanced functions to respond to diff
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Tomas Hruby
5 (1)
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Stufic is a result of the long way of development. It was created for use in the management of capital of trading groups. The main idea is to preserve capital through unexpected fluctuations of the markets. It is one of the system that can perform on 90% of currency pairs. It's a participant on World Cup Trading Championship 2016 with real 10K USD. Stufic was also between top five traders in real money contest organized by Fidelis Capital (November 2015, Gain +48%). Why should you have to choos
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