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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
Forex Truck is an automated trading robot designed to operate entirely on its own. Its innovative strategy and algorithms allow for seamless integration with any broker, meaning there’s no necessity to find one with specific trading conditions—any broker will suffice. Additionally, Forex Truck is compatible with both MetaTrader 4 and MetaTrader 5 platforms. Consequently, when you purchase a single license for our robot, you gain access to both versions (MT4 and MT5) without incurring extra costs. The initial component of the system focuses on executing trades, identifying optimal entry points while utilizing a fixed lot size. Depending on the algorithm’s signals, it may execute a single order or open a second one, ensuring that every trade is monitored closely to maximize profit potential. This level of automation and flexibility sets Forex Truck apart in the trading market.
API Access
Has API
Yes
API Access
Has API
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
$329 one-time payment
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
No
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 Truck
Website
forextruck.com
