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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
The strategy relies on the correlation between currency pairs to mitigate risks through multi-currency trading.
This fully automated expert advisor operates across 14 different currency pairs, deploying 28 robots on 28 charts each with small lot sizes to further minimize risk exposure.
For those looking to engage in trading all 14 pairs, the minimum deposit required is $800 for a standard account or 800 cents ($8) for a micro account, with trading conducted in increments of $0.01 lots relative to the deposit amount.
Standard account holders have the option to start with a lower deposit, although the number of robots utilized must be adjusted based on the deposited amount, as detailed in the accompanying table.
Potential profits can reach as high as 300% per month, depending on the prevailing market conditions, while ensuring that the maximum floating drawdown does not exceed 25%.
This structured approach allows for flexibility in trading strategies while maintaining a focus on risk management.
API Access
Has API
Yes
API Access
Has API
No
Screenshots View All
No images available
Integrations
MetaTrader 5
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
$219
Free Trial
No
Free Version
Yes
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
No
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
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)
Yes
Online Support
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
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
Signal2Forex
Founded
2010
Country
United States
Website
signal2forex.com
