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FX EA & Auto Trading Blog

126 articles + 20 guides — EA operation, backtesting, and broker selection know-how, explained without hype

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2026-10-12

Dark Algo MT5 Review: PF 2.08, Max DD 35.05%

We backtested the MQL5 EA Dark Algo MT5 under…

EA TestingCompetitor EA ReviewMT5

2026-10-12

Daytrade Pro Algo MT5 Review: PF 2.51, Max DD 1.25%

We backtested the MQL5 EA Daytrade Pro Algo MT5…

EA TestingCompetitor EA ReviewMT5

2026-10-12

News Catcher Pro MT5 Review: PF 8.34, Max DD 0.68%

We backtested the MQL5 EA News Catcher Pro MT5…

EA TestingCompetitor EA ReviewMT5

2026-10-12

Price action auto trade bot Review: PF 1.72, Max DD 34.83%

We backtested the MQL5 EA Price action auto…

EA TestingCompetitor EA ReviewMT5

2026-10-12

The art of Forex MT5 Review: PF 1.91, Max DD 30.35%

We backtested the MQL5 EA The art of Forex MT5…

EA TestingCompetitor EA ReviewMT5

2026-10-12

Yearly Breakdown: Spotting EAs Reliant on One Lucky Year

Even when the full-period equity curve climbs…

BacktestingEA SelectionValidation Methods

2026-10-11

Low Expected Payoff EAs: Profit Buried by Costs

An EA with a small Expected Payoff can see its…

Choosing an EABacktestTrading Costs

2026-10-11

What Is an MT5 EA? How It Works and How to Choose One

An MT5 EA (Expert Advisor) is a program that…

Choosing an EAMT5 BasicsBeginners

2026-10-11

312 MQL5 EAs Tested: Real Ticks Cut Median PF 2.46→0.92

We mass-backtested 312 paid EAs from the MQL5…

EA TestingCompetitor EA ReviewGold EA

2026-10-10

What Is the Recovery Factor? Measuring Drawdown Recovery

The recovery factor is net profit divided by…

EA evaluationmetricsdrawdown

2026-10-10

Is the Sharpe Ratio Reliable for Low-Frequency EAs?

The Sharpe ratio is a handy risk-adjusted…

Sharpe ratioEA evaluationbacktest

2026-10-02

XAUUSD EA Settings Guide

Complete guide to configuring XAUUSD Expert…

XAUUSDEA SettingsGold EA

2026-10-02

MT5 EA Daily Monitoring Checklist

Once your MT5 EA is running on VPS, daily…

EA OperationMT5VPS

2026-10-02

SomaGold EA Review: PF 4.58, 3.7% Max DD over 11.5 Years

We tested the MQL5 gold EA SomaGold in our…

EA TestingCompetitor EA ReviewGold EA

2026-10-02

The Gold Reaper Review: PF 2.24, 17.8% DD over 11.5 Years

We tested the popular MQL5 gold EA The Gold…

EA TestingCompetitor EA ReviewGold EA

2026-10-02

ArtQuant Gold Review: Blown Up with 96.5% DD in 11.5 Years

We tested the MQL5 gold EA ArtQuant Gold in our…

EA TestingCompetitor EA ReviewGold EA

2026-10-02

What Is the Asia Range Breakout Strategy?

Learn how to measure the Asian session range…

EAGoldStrategy Breakdown

2026-10-02

How Much Capital Do You Need to Run an EA?

Learn the minimum capital needed to safely run…

money managementmarginlot calculation

2026-10-02

What Is a Realistic Monthly Return Target for EA Trading?

Learn what monthly and annual return targets…

Risk ManagementBeginnersEA Trading

2026-10-02

Genetic algorithm optimisation in MT5 EAs

Learn how to use MT5 Strategy Tester's genetic…

MT5EAOptimization

2026-10-02

Complete Guide to Installing and Configuring an EA in MT5

Step-by-step guide to installing, configuring,…

MT5EA SetupBeginner

2026-10-02

Diversifying Your EA Across Multiple Brokers

Learn the pros and cons of running the same FX…

diversificationbrokerrisk management

2026-10-02

Walk-Forward Analysis

A step-by-step guide to walk-forward analysis…

Walk-ForwardOptimizationCurve Fitting

2026-10-01

Forward Results Sep 2026: Profit Came from 3 BTC Trades

September 2026 results for the FXEA365 forward…

Forward TestResults ReportMonthly

Know-how & Guides

How to Run a Backtest with MT5 Strategy Tester

A detailed guide to configuring, running, and reading the results of a backtest using MT5's Strategy Tester.

Backtest

How to Optimize EA Parameters and What to Watch Out For

A guide to optimizing EA parameters with MT5's optimization feature and precautions for avoiding overfitting.

Optimization

EA Portfolio Strategy — Risk Diversification with Multiple EAs

Learn the portfolio theory behind combining low-correlation EAs to smooth drawdowns. Covers correlation coefficients, lot allocation, and practical risk management.

Portfolio

What is Forward Testing? vs Backtest

Understand the difference between backtesting and forward testing. Learn how to read forward test results and use them to validate your EA in live market conditions.

Forward Test

Walk-Forward Analysis and Detecting Over-Optimization

A validation method that separates EAs with genuine edge from those merely curve-fitted to historical data. Covers in-sample/out-of-sample splitting and how to interpret Walk-Forward Efficiency.

Walk-Forward

How to Spot Scam and Low-Quality EAs

Unlimited martingale, no stop-loss, backtest-blocking DRM, compound-interest hype, and reselling the same EA under a new name — a checklist of red flags to check before you spend any money.

EA Selection

VPS Setup and 24/7 MT5 Trading Environment

How to choose a VPS and set up MT5 so your EA never stops. Covers required specs, the difference between broker-provided free VPS and commercial VPS, and daily checks for stable around-the-clock operation.

VPS & Operations

Backtest Pitfalls — What Only Live Testing Can Reveal

An honest look at why backtest results often look better than reality. Covers modeling quality, frequently overlooked costs, and why multi-period and live forward testing matter.

Backtesting

EA Risk & Money Management — How to Calculate Lot Size and Set Your Risk %

How to set your per-trade risk %, calculate lot sizes, understand the difference between compounding and fixed-lot trading, and the basics of margin levels. Essential knowledge for protecting your account while running EAs.

Money Management

Evaluating the Risk of Nanpin/Martingale EAs

How to properly assess high-risk EAs designed to eventually blow up. Covers survival rate, cumulative withdrawal amount, Monte Carlo simulation, daily withdrawal strategies, and other key operating rules.

Nanpin

How to Read Backtest Performance Metrics

How to correctly interpret the numbers in a backtest report — profit factor, expected payoff, recovery factor, maximum consecutive losses, Sharpe Ratio — from the perspectives of profitability, risk, and stability.

Performance Metrics

Handling Drawdown — Surviving Losing Streaks

How to deal with the drawdowns that inevitably come with running EAs. Covers the asymmetry of recovery, what not to do during a losing streak, and how to set a stop-trading line.

Drawdown

MT5 Error Codes — Why Your EA Stops Trading and How to Fix It

Common error codes and causes when an EA stops executing trades, along with step-by-step troubleshooting. Covers how to read the Journal and Expert tabs in MT5.

Troubleshooting

Setting Up the Economic News Filter — Protecting Your Account from Volatile Moves

Why trading around news releases is risky, which high-impact events to avoid, how to configure the filter parameters, and how to decide whether your EA needs one.

Economic News

Moving from Demo to Live — Before You Run Your EA on Real Money

What to verify on demo, the criteria for switching to a live account, how to size your initial lot, and the key differences between demo and live environments.

Account Migration

Running Multiple EAs at Once — MagicNumber and Interference Prevention

How MagicNumber manages position ownership, preventing EAs from interfering with each other, thinking about combined risk, and how many EAs one MT5 instance can handle.

Multi-EA Operation

Choosing a Broker for Your EA — Your Broker Affects Your EA's Performance

A practical guide to how spread, execution method, and slippage affect EA performance, the differences between account types, and how to verify compatibility between an EA and a broker.

Broker Selection

Swap and Trading Costs — The Silent Drain on EA Profits

How the four trading costs — spread, slippage, commission, and swap — affect EA performance, how swap works, and practical strategies for keeping costs under control.

Trading Costs

EA & Automated Trading Profits and Taxes — What You Must Check in Your Country

A country-neutral overview of principles that apply everywhere: EA profits may be taxable, the types of taxation, the importance of keeping trading records, and why consulting a professional matters.

Taxes

EA Lifespan and the Retirement Decision — Recognizing When an EA Has Stopped Working

Why EAs stop working as market conditions change, how to tell the difference between performance deterioration and a normal drawdown, and the criteria and steps for retiring an EA.

EA Lifespan

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