EA Builder Review 2023
|By: Jeremy Biberdorf||Feb 16, 2023|
In a nutshell: EA Builder is an intuitive tool that enables traders to develop their own automated trading systems without any programming expertise. It is designed to work with popular trading platforms such as MetaTrader 4, MetaTrader 5, and TradeStation, which are often used by speculative forex traders.
The customization options on EA Builder are rather impressive and mean that you can set up just about any kind of trading idea in a matter of minutes. Other handy features include custom alerts and the ability to trade more than just Forex, including stocks, commodities, ETFs, and indices.
While EA Builder is a robust tool that will work well for many traders, it’s not for everyone. Keep reading for our full EA Builder review to see if it’s right for you.
|Free Option (Limited) | $0|
Unlimited Option | $97 (one-time fee)
|CFD automated trading system||None|
- Free and paid options
- Intuitive interface
- No programming knowledge required
- Deep customization possibilities
- Internet and browser required
- The paid version is fairly costly (depending on your budget)
- Complex for beginners
EA Builder Review 2023 | Is EA Builder Right for Me?
EA Builder is a great option to consider for forex traders looking to automate their trading ideas. While you might figure that automating your forex trades would require programming, EA Builder makes it rather simple.
Although it might be complex at first, and there’s a bit of a learning curve, EA Builder’s Expert Advisor Builder is a tool that just about anyone can master with time.
So, if you would like to start automating your forex trading ideas in a matter of minutes without any programming expertise, EA Builder could be a great option. Keep reading to learn more and see if it fits what you’re looking for!
Learn More About EA Builder
What Is EA Builder?
The “EA” in EA Builder stands for Expert Advisor. In essence, you use it to create your own forex robot so you can completely automate any forex trading ideas you might have. Since many people don’t have the programming knowledge to do this on their own, EA Builder makes it a matter of a few clicks.
EA Builder works with three very popular forex trading platforms; TradeStation and MetaTrader 4 and 5. When you use EA Builder, you generate code that is easy to read and well formatted. All of it comes in a single file, and you don’t even need to understand it. Simply download it and put it to work in one of the trading platforms mentioned above.
How Does EA Builder Work?
EA Builder works by letting you automate your trading ideas. The free option allows you to create indicators, but you will need to upgrade to set up your own expert advisors.
With EA Builder you can turn your trading ideas into arrows or alerts as well as automate any given trading system. You can develop EAs and indicators for a variety of instruments, from stocks and commodities to currency pairs and more.
Although there’s somewhat of a learning curve, EA Builder boasts an intuitive interface that is pretty much “point and click.” It is highly customizable as well, so you can set entries and exits, stop losses, take profits, trailing stops, etc. You’ll find just about any customizable features that you would expect.
EA Builder Pricing & Plans
One great thing about EA Builder is you can try it out for free. While the free option is limited, it’s still relatively robust. You can create arrows and indicators without opening your wallet or taking on any risk.
There’s also the paid option. Compared to many trading tools, which are subscription-based, EA Builder is a one-time payment. Although some people may prefer a subscription, others may find it refreshing to have a one-and-done payment structure. The paid option is also very robust. Considering that it saves you from having to learn any programming, it provides a great value at just under $100.
Is EA Builder Worth It?
Imagine spending weeks or even months testing your own manual forex trading system. Lots of people already have, maybe even yourself. But what if you could automate it and test it in MetaTrader in the space of an hour or two (or even less)?
This is what EA Builder delivers, so it is definitely worth checking out if you’re considering a tool to automate your forex trading ideas. Plus, it offers great value since it covers all currencies, offers tech and trading support, and even a 60-day money-back guarantee.
The main thing to remember is that EA Builder may still take you some time to get comfortable with. It may simplify programming, but it isn’t necessarily simple. And it definitely doesn’t mean you’ll get rich overnight. It’s simply a tool, and like all tools, it’s about how you use it.
If EA Builder sounds like it could help you out, click here to try it out today.