EA Builder Reviews

Navigating the complex world of trading can be tough, especially for beginners who want to start their journey. There are a lot of concepts or terminologies that one cannot simply understand just by looking. But what if there’s a tool that can help you navigate and even automate your trading journey?

There are countless trading software tools out there and EA Builder is just one of many. They claim to have simplified the strategy development process for traders of all skill levels and many more features that will be discussed in this review.

Can these features set out a competitive advantage amongst their competitors? Is trading still viable in today’s generation? These are some of the questions that will be answered here, right now. 

But before getting into the review…

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What is EA Builder?

EA Builder

EA Builder, also known as Expert Advisor Builder, is a software tool made to guide traders on how to create custom automated trading strategies for MetaTrader platforms (MetaTrader 4 & 5 compatible) without the need to write any code themselves. Expert Advisors are programs that automatically execute trading decisions based on predefined rules, allowing traders to automate their trading strategies.

With the help of EA Builder, you can visually design your trading strategies by drag-and-drop method, choosing components such as technical indicators, entry and exit conditions, money management rules and other parameters. 

After you’ve made your predefined rules, the software tool then generates the necessary code for the Expert Advisor that you can use in MetaTrader platforms stated above for live trading or backtesting purposes.

The tool can allow you to quickly prototype, test and deploy trading strategies even without having extensive programming knowledge. And once you’ve created the perfect ingredient, a smooth sailing automated trading process awaits you. 

EA Coder?

EA Coder is a leading software development company specializing in creating innovative tools and solutions for traders in the financial markets. They’ve earned a stellar reputation for its commitment to empowering traders through automation and customization.

EA Builder is one of their creations, a user-friendly platform that enables traders to create custom automated trading strategies without the need of doing complex programming. And beyond EA Builder, they also provide a range of expert advisors, indicators and scripts made for different trading assets such as forex, stocks,commodities and cryptocurrencies. 

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The Founder?

Rimantas Petrauskas

Rimantas Petrauskas is the founder of EA Coder, hence he’s also the one responsible for creating the EA Builder software tool. He is from Lithuania and has been in the trading industry starting with Forex since 2010, giving him more than a decade of experience. 

He is known for his expertise in developing innovative tools and algorithms aimed at enhancing a trader’s efficiency and profitability. And he made the EA Coder as the bridge to give traders access to his software tools and equip traders with the knowledge and skills needed to navigate the dynamic trading market successfully. 

Rimantas also likes joining marathons, making him an exception to the norm that most programmers are not fit, due to the image that they’re always in front of their computers, sitting for long hours without any exercise and such.

EA Builder Features

Inside EA Builder

User-Friendly Interface

EA builder provides a visually intuitive approach, allowing you to design automated trading strategies without needing to write any code. The drag-and-drop functionality that it offers simplifies the process, making the software accessible to traders with varying levels of programming knowledge. 

Customizable Strategy Components

You can customize your strategies by selecting from a wide range of technical indicators, entry and exit conditions, money management rules, and other parameters. This flexibility will enable you to tailor your strategies to your specific preferences and trading styles.

Backtesting Functionality

This feature allows you to assess the performance of your strategies using historical data. By simulating your trades under past market conditions, you can evaluate the effectiveness of your strategies and help you identify areas that need improvement or change.

Optimization Tools

EA Builder offers optimization tools that enable you to fine-tune your strategies for better performance. By adjusting different parameters and running optimization tests, you can look for ways on how to maximize your profits while minimizing the risks involved.

MetaTrader Compatibility

The software tool generates Expert Advisor files compatible with MetaTrader platforms such as MetaTrader 4 and MetaTrader 5. This feature of easy integration allows you to deploy your automated strategies directly onto your preferred trading platform.

No Coding Required

Due to the drag-and-drop nature, you are not required to write a code yourself. Once you’ve chosen your preferred parameters for your automated strategy, EA Builder will generate you a human-readable, well-commented and neatly formatted code.

Binary Options

There is what we call Binary Options trading that you can engage with alongside the traditional market and pending orders. You don’t really need to buy and sell assets in Binary Options, instead, you’ll be predicting the price movement of underlying assets within a predetermined time frame.

Knowing how this works will give you more edge and allow you to make data-driven decisions when making your trades. To understand more of this, EA Builder provided a concise video tutorial to guide you through the process of accessing and utilizing this new feature. 

Alerts

These alerts serve as a valuable tool for traders that provides them convenient means of staying informed about key developments in their trading activities. From audible alerts, email notifications and output window printing, you can receive timely notifications about your executed trades or the appearance of new indicator signals.

You can monitor your trading strategies effectively with these alerts even when you’re not actively observing the market itself. With these alerts, you can enhance your decision-making process and respond promptly to market opportunities or changes in trading conditions.

Video Tutorials

If you’re one of the aspiring traders wanting to know the complexities of the trading industry, EA Builder offers a comprehensive learning experience through a series of 15 video tutorials, each of them has a play time between 2 to 7 minutes long. 

They are carefully crafted to help you understand and empower you in unlocking the full potential of the software tool, applicable in both MetaTrader 4 and TradeStation platforms. It comes with clear, easy to follow demonstrations to guide you through the process, boosting your confidence to the point that you can almost do it yourself in the future even if you’re a complete beginner now. 

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EA Builder Cost

EA Builder offers free access where you can tweak or get used to the indicators that you can use when dealing with their software, and once you’ve decided that it’s for you and you can utilize and leverage it to your advantage, you can then use it to create strategies with a one-time payment of $97. 

Since it will be you, who will use the software and as it only requires one-time payment, it doesn’t need to have a refund policy. You can keep the software and choose to use or not to use it at your own discretion. 

Advantages and Disadvantages

The software system is user-friendly, hence it is also highly accessible especially for those who will buy the product. Its drag and drop nature allows people to simply organize their thoughts, make a strategy out of it, and the software will just generate a code that you can use in different MetaTrader platforms such as MetaTrader 4 and 5, and TradeStation. 

The backtesting capabilities is what stands out the most for me as it allows you to test your currently formulated strategies on past historical market data. This can help you assess the performance of your current strategy and help you make informed decisions on how you will tackle refinement and optimization.

Some backlashes of the EA Builder are if we’re talking about the learning capacities of each individual. Even if they offer several video tutorials, others might still need to find other courses that can help them fully understand concepts and terminologies about trading. 

The drag-and-drop option also has its cons as it only has limited flexibility only to those functionalities that the software offers. There are most likely more functionalities and features available in other software tools aside from EA Builder. 

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Conclusion

To conclude the information that we have gathered in this review, EA Builder offers a comprehensive and user-friendly software tool for both beginners and experienced traders wanting to automate their trades. 

You can familiarize yourself with stock, forex trading and other trading assets with the help of EA Builder and it can be your foundation into learning more about the trading industry.

There’s never an easy path into the complexities of the trading industry, you just need to be as versatile as the market demands in order for you to follow through with its dynamic landscape.

Before leaving…

If you are serious about starting your own online business, I highly recommend you to check out my #1 recommendation.

This is simply the BEST business to start right now and it made me $30,391 in the last month alone. (*and sky’s the limit*)

Go here to start leasing leads to small business owners and become a digital landlord

 Best Business To Start >>