In simple English
This is an automated program that buys and sells foreign currencies for you. It runs inside the MetaTrader trading platforms. You can choose from many pre-built trading strategies or write your own. It costs nothing to download, but trading with real money always carries financial risk. You need time to test and configure the settings before running it on a live account.
What it is
EA31337 is an open-source autonomous trading robot for MetaTrader 4 and MetaTrader 5 (MT4 and MT5). It provides a framework with technical indicators, risk controls, and pre-optimized settings for currency pairs.
What it is good for
Traders who want to automate their Forex strategies and test them against historical market data without starting from scratch.
- Includes dozens of pre-built technical analysis strategies.
- Built-in risk management rules to set stop limits and position sizes.
- Open-source code under the GNU GPLv3 licence so you can audit or modify it.
- Requires the MetaTrader 4 or 5 desktop software and familiarity with its ecosystem.
- Backtesting results do not guarantee future performance in live markets.
- Financial risk of losing money if strategies are not properly tested.
manual currency trading
MetaTrader
- ccxt/ccxt45k stars
Connects to crypto exchanges for trading, while this focuses on MetaTrader platforms for Forex.
- freqtrade/freqtrade56k stars
An open-source crypto trading bot, while this is built for MetaTrader Forex platforms.
- jesse-ai/jesse8.7k stars
A Python framework for writing crypto trading strategies, testing them against past prices, and running them live.
- hummingbot/hummingbot20k stars
A free framework for writing and running automated trading programs on cryptocurrency exchanges.
- lballabio/QuantLib7.7k stars
The long-established free library for pricing and risk-managing financial instruments.
Download the compiled release files from GitHub, then place the folder into the Experts directory inside your MetaTrader platform's MQL folder.