Crypto Expert Advisors

How do Expert Advisors work?

An Expert Advisor, or 'EA' as it's often called, is just a coded set of instructions on how to trade. So it's the rules of strategy coded in Metatrader's programming language called 'MQL4' or 'MQL5'. A basic example would be instructions to place a BUY trade once a week on a Monday morning. The EA script is loaded onto a chart in Metatrader (on ETHUSD for example), fill out the settings, then it will run automatically.

What is the best expert advisor?

The averaging strategy on this site of course! It's great because of its robustness at handling wild market volatility. It's actually designed to profit from volatilty. Many strategies on the internet are trying to predict a perfect condition to place a trade order, but no one can predict the future so this often fails in the long run. The 'Averaging' strategy on this site doesn't need to predict anything. It just uses the overall market sentiment which for cryptocurrencies is sideways/upward, then it keeps placing small orders until a profit is made. When the market goes down, it just buys at a better price which is a good thing. The live results speak for themselves!

Are Expert Advisors profitable?

The wrong EA can be a complete waste of money. Avoid EA's that only have backtests but no live trading results. Backtests are just a guide and have some issues with data integrity, so don't give perfect results. Backtests are also very prone to over optimisation which means software was used to test 1000's of combinations of settings until really great profitability is achieved. This will fail in the live market. Over-optimisation can either be because lack of knowledge by the EA creator, or done maliciously to mislead the prospective buyer. A backtest only has some meaning if settings are created for say Jan to Sep, then forward tested on Oct to Dec. If both pass, it has some statistical robustness. Another robustness test is to run it in reverse chronolical order over a few months, so the software simulates reversing time. The EA available on this site was designed with backtesting, forward testing, reverse testing, and finally live market testing.

What is EA trading?

An Expert Advisor, or 'EA' as it's often called, is just a coded set of instructions on how to trade. So it's the rules of strategy coded in Metatrader's programming language called 'MQL4' or 'MQL5'. A basic example would be instructions to place a BUY trade once a week on a Monday morning. The EA script is loaded onto a chart in Metatrader (on ETHUSD for example), fill out the settings, then it will run automatically.

How robust are your strategies?

They're quite robust. Robustness comes from removing sensitivity to assets and timeframes, and design principals that reflect actual trading conditions. Examples include non-repainting, closed bars, no over-optimising, ability to take market blows, and script stablity. The EA available on this site was designed with backtesting, forward testing, reverse testing, and finally live market testing.

What qualifies you?

I'm a professional programmer and have been forex trading for 5 years. Actions speak louder than words, so I offer full transparency and live trading results.

Are your strategies over optimized?

No. We stay aware of curve fitting data. The strategies are robust meaning not overly sensitive to input changes. An over-optimized strategy fails hard with changes in inputs.

Do you have a refund policy on the Expert Advisors?

Yes. However we ask that you properly forward test on atleast a demo account for 2 months first.

Are expert advisors worth it?

Yes they are, but only if they've been tested on the real market - not just backtesting. The EA available on this site was designed with backtesting, forward testing, reverse testing, and finally live market testing.

Tell me more about your statistical testing?

Montecarlo and 'risk of ruin' calculations. This takes the win rate, average win, average loss then mathematically projects forward say 10,000 trades to determine probabilty of drawdowns.

Are your strategies suitable on all timeframes?

There is no one-size-fits-all as different timeframes have different volatility ranges. However, you can test new settings with backtesting and forward testing on demo accounts. We advise passing a 12 month backtest, and 2 months on a demo account.

Are your strategies suitable on all assets?

There is no one-size-fits-all as different assets have different volatility ranges and spreads. However, you can test new settings with backtesting and forward testing on demo accounts. We advise passing a 12 month backtest, and 2 months on a demo account. The strategies on this site have been backtested and live tested on ETHUSD, BTCUSD, ADAUSD, DOGEUSD, XRPUSD, DOTUSD.

Do forex robots make money?

The 'Averaging' EA on this site is very profitable. The live test results over approx 8 months have resulted in 10%+ per month ROI.

Can I trade forex with $100?

You could, but $100 doesn't give flexibility to use all assets and strategies. The minimum capital is generally closer to $200.

How much does a forex robot cost?

The profitable 'Averaging' EA is only $249. You'll get payback very fast.

Can you use MetaTrader for cryptocurrency?

Yes. Forex brokers such IC Markets offer cryptocurrencies under the category of 'Digital currencies'. See link here

Can I buy crypto on MT4?

Yes, but it's worth noting that its a derivative called a CFD, not technically the underlying cryptocurrency. Think of it like a cash equivalent. This is how trade brokers work and it's totally reliable. Forex brokers such IC Markets offer cryptocurrencies under the category of 'Digital currencies'. See link here

What crypto can you trade on MT4?

IC Markets offers Bitcoin, Bitcoin Cash, Ethereum, Dash, Litecoin, Ripple, EOS, Emercoin, NameCoin, Peercoin, Polkadot, Stellar, Chainlink, Dogecoin, Tezos, Uniswap, Cardano, and Binance coin. See link here

Can MT4 be used for cryptocurrency?

Yes, but it's worth noting that its a derivative called a CFD, not technically the underlying cryptocurrency. Think of it like a cash equivalent. This is how trade brokers work and it's totally reliable. Forex brokers such IC Markets offer cryptocurrencies under the category of 'Digital currencies'. See link here

How do I add crypto to MT4?

You can add cryptos by first opening the 'Market Watch' window and right-clicking on it then selecting 'Show all'. Now cryptos will be available to add a chart.

What's the difference between MetaTrader 4 and 5?

Metatrader 5 can trade some additional assets like stocks. MT5 has some extra tools for backtesting strategies also.

Metatrader Expert Advisors for Cryptocurrencies.