All your trades will be opened with this volume number. (ii) EAs Lots: This is where you set-up the basic lot-number for your trading system. If you choose to trade via different trading systems in the same account you should use different ID numbers in order to avoid problems on execution. All the trading positions that you will open using your EA will share the same ID number and your EA will manage only them. (i) EAs Expert Magic Number: Set-up your EAs unique ID number. In the EA Options Tab you may choose your basic settings if you don't want to use some of these settings just enter 0: The EA Builder ‘Forex Advisor’ is also a free web-based expert advisor builder. The EA Builder is simple to use and requires only the set-up of four main conditions (When to Buy, When to Sell, When to close a Buying Position, When to close a Selling Position). (3) EA Builder Forex Advisor for MetaTrader 4 Here is the website of the Expert Advisor Builder (EAB): Set up some extra settings for your Expert Advisor. This section allows you to enter the conditions for Closing Positions opened according to the 'Sell strategy' field. This section allows you to enter the conditions for Closing Positions opened according to the 'Buy strategy' field. In this section, you will set up your main variables according to which you will control your trading strategy. In this section, you may enter your own script. EAB generates EAs for MT4 by using seven (7) fields. The Expert Advisor Builder (EAB) is a web-based EA builder that is free and simple to use. (2) Expert Advisor Builder for MetaTrader 4 » Download here free EA Builder MT4 & Tradestation Indicators
You can also turn any manual system into a fully-working Forex Robot (EA). You can turn your manual trading into arrows and alerts and create indicators for MT4, Mt5, and TradeStation. The EA builder is a free application for creating indicators. ◙ EXPERIENCE: Semi-Advanced / Advanced Traders (1) EA Builder for MT-4, MT-5, and Tradestation Here are the free Expert Advisor Builders: When you create your first customized EA you are advised to test it risk-free in a Demo Account before trading for real money. Some of the following EA builders are web-based, others require installation. MT4 builders are designed to generate customized Expert Advisors by compiling MQL4 or MQL5 code.
Τhe following EA builders are offered for free / or provide a free-trial period and can be used for creating EAs on MetaTrader-4 and MetaTrader-5.