Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

EA LAB, also referred to as MT5 Robot Lab, specializes in creating customizable Expert Advisors (EAs) designed for use with MetaTrader 5. Their extensive library of trading robots encompasses a variety of rule-based strategies, with each product page detailing the underlying strategy logic, entry and exit criteria, filters, risk management protocols, configuration settings, installation procedures, licensing information, and specific product limitations. Users have the capability to install an EA within MT5, modify its parameters, conduct historical evaluations using the MT5 Strategy Tester, and analyze sample reports before trying out configurations on a demo account. Additionally, EA LAB offers a wealth of educational resources focused on trading strategies, backtesting methodologies, optimization techniques, and risk management practices. The features, readiness for release, documentation, and pricing are subject to variation depending on the specific robot. While EA LAB supplies both software and educational insights, it does not engage in account management or guarantee any returns. It is important to note that trading carries inherent risks, including the potential for loss of capital, and past performance is not indicative of future results. Users should thoroughly understand the risks involved before participating in trading activities.

Description

The Forex Real Profit Expert Advisor (FRPEA) is an automated forex trading bot crafted by experienced traders who are driven by their passion and vision, aiming to generate consistent long-term profits with reduced risk. Engaging in manual trading without adequate experience often leads to common critical errors, such as impulsive trades, prolonged losses, hasty exits from profitable positions, and revenge trading, all of which can severely deplete your trading account. It takes a great deal of patience to wait for optimal trading opportunities, and having the discipline to enter and exit trades at the right moments is crucial. Our forex robot serves as an effective solution, utilizing technical signals to execute trades while allowing the trader to relax and enjoy leisure time, such as lounging on a beach. Although it is not a guaranteed path to success, it equips traders with the tools to analyze market conditions, implement appropriate strategies, and manage risks effectively, ultimately leading to a higher ratio of profitable trades compared to losses over time. This way, traders can focus on other aspects of life while still participating in the financial markets.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

MetaTrader 4 No 
MetaTrader 5 Yes 

Integrations

MetaTrader 4 Yes 
MetaTrader 5 No 

Pricing Details

€0
Free MT5 robots are available, and paid robots are priced individually. The Annual Library Pass costs €395.00 for 12 months of access. TradingView and cTrader adaptations cost €24.95 per robot per platform.
Free Trial No 
Free Version Yes 

Pricing Details

$199 per year
Free Trial No 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux Yes 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

MT5 Robot Lab

Country

Poland

Website

ea-lab.dev/

Vendor Details

Company Name

Forex Real Profit EA

Founded

2009

Country

United States

Website

www.forexrealprofitea.com

Product Features

Product Features

Alternatives

Alternatives

Forex Diamond EA Reviews

Forex Diamond EA

FXautomater