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About
EA31337 is a free and open-source Forex autonomous trading robot designed for the MetaTrader 4 and 5 (MT4/MT5) platforms.
EA31337 provides a comprehensive framework for traders to develop, test, and automate their trading strategies.
It leverages the capabilities of MetaTrader platforms, including the MQL programming language, backtesting, optimization, and automation features for executing trading robots.
The aim of the project is to implement a wide array of technical analysis strategies and custom indicators, facilitating the development of robust trading systems.
At its core, EA offers the simultaneous execution of hundreds of trading strategies across multiple timeframes analyzing the market based on the implemented technical indicators and trading conditions.
The project consists of four variants of Expert Advisors (EAs): Lite, Advanced, Rider and Elite, each with a distinct approach to market analysis and trading strategy.
While EA (Expert Advisor) algorithm aims to detect optimal market conditions for entries, no automated process can be perfect or account for evolving future conditions.
Traders can experiment with various combinations of technical indicators, risk management rules, and money management plans, tailoring the EA to their specific needs without needing to code everything from scratch.
This open-source project is freely available for education and research purposes.
The source code, compatible with both MQL4 and MQL5, allows for seamless operation on both MetaTrader 4 and 5 platforms. This compatibility makes robot a popular choice among retail traders and coding enthusiasts interested in researching and deploying automated Forex trading strategies.
Ongoing development continues to enhance EA's logic across long time horizons, but no automated system can be perfect or complete. There are always improvements to make and market dynamics shift over time.
It is an ongoing open-source project that invites contributions and enhancements from both coders and traders. This collaborative approach ensures continuous improvement and innovation in trading strategies.
Time invested understanding this tool can provide the knowledge to combine validated concepts with your own evolving methodology when deploying for live trading.
It is up to traders to apply, analyze, backtest, refine, and automate their own defined strategies.
We simply provide this project in good faith to support experienced traders on their ongoing journeys.
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