Learn: guides to MT4, MT5 and expert advisors
Clear, practical guides to automated trading in MetaTrader 4 and 5, from installing your first expert advisor to managing risk across several. No hype and no promised returns.
Getting started
What expert advisors are, which platform to use and how to keep them running.
What is an expert advisor (EA)? How forex robots workHow EAs read the market, place trades and manage risk.6 min read MT4 vs MT5: the differences that matter to tradersWhich platform to use and why tools don't cross over.10 min read How to install an expert advisor or indicator in MT4 and MT5Copy the files, refresh MetaTrader and switch on Algo Trading.3 min read How to run an EA 24/7 on a forex VPSKeep your EAs running when your computer is off.10 min read
Testing and choosing tools
Backtest properly, read the numbers and spot the red flags before you buy.
How to backtest an EA in the MT4 and MT5 strategy testerRun a backtest you can trust and read the report.12 min read How to evaluate an expert advisor before you trade itThe metrics and red flags that matter before you buy.9 min read Repainting indicators explained: how to spot themWhy some signals change after the fact, and how to check.9 min read Grid and martingale EAs: how they work and the real risksWhy smooth equity curves can hide large risks.9 min read
Risk and trading
Size positions, limit drawdowns and adapt to gold and prop firm rules.
Risk management for EA trading: sizing, drawdown and limitsA practical risk plan for running EAs.11 min read Trading gold (XAUUSD) with EAs: what's differentContract size, spreads and volatility on XAUUSD.10 min read Prop firm challenges and EAs: rules to check firstDrawdown limits and EA rules to read before a challenge.11 min read
Reference
Terms and tools you'll come back to.