EA LAB

EA LAB

MT5 Robot Lab
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About

EA LAB (also known as MT5 Robot Lab) develops configurable Expert Advisors (EAs) for MetaTrader 5. Its robot library covers multiple rule-based trading approaches, with product pages describing strategy logic, entry and exit rules, filters, risk controls, configuration inputs, installation, licensing and product-specific limitations. Users can install an EA in MT5, adjust its settings, run historical tests in the MT5 Strategy Tester and review example reports before evaluating a configuration on demo. EA LAB also provides educational material about trading strategies, backtesting, optimization and risk. Features, release readiness, documentation and pricing differ by robot. EA LAB provides software and educational information; it does not manage trading accounts or promise returns. Trading involves risk, including loss of capital, and historical results do not guarantee future performance.

About

Forex Fury is a trading robot that's been on the market for over 7 years. During that time there have been numerous free updates, and there are nearly 10,000 clients. The software has changed drastically during the 7 years adding many new parameters. It can now be used in many different ways to help traders grow their trading accounts. What started off as a one man show years ago, now encompasses a full team of analysts and developers working to better it constantly. In a market where scams are abundant, the Forex Fury reviews are over 90% positive. The developers are able to keep a high rate of customer satisfaction by providing excellent support and regular free updates. Forex Fury is regularly highlighted in the Trade with Pat YouTube channel, and is ranked #1 by the top robot review websites. There are very few other robots in this market that are as consistent, and are willing to continue spending in the development of their software. A must have robot for traders.

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Supported
Linux Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

MetaTrader 5 users researching rule-based Expert Advisors, configurable automated trading strategies and independent backtesting.

Audience

Forex traders looking for a market edge, and to free up some of their time.

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

€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 Version Supported
Free Trial Not Supported

Pricing

$229.99 one-time payment
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 4.6 / 5
ease 4.6 / 5
features 4.3 / 5
design 4.1 / 5
support 4.2 / 5

Pros & Cons from Real Users

Pros

  • I use MT5, so platform compatibility was one of the first things I checked before buying an EA. Forex fury supports both MT4 and MT5, which meant I didn't have to completely change my setup just to use the robot. Once installed, I liked being able to let the EA handle the strategy execution while I continued using the platform normally.
  • What attracted me to Forex Fury was the number of settings available. You can adjust trade direction, risk per trade, stop loss, take profit, maximum orders, spread, slippage, trading days, and trading times. That makes it possible to build a setup around a particular account size and risk preference instead of using exactly the same configuration as everyone else.
  • The forex fury robot includes clear setup instructions hat simplify installation and configuration. The optimized preset files reduce unnecessary guesswork, while the documentation explains the core trading process in language that's easy to follow.
  • One of the features I would pay the most attention to with Forex Fury is its ability to operate with different risk configurations. That is useful because not every trader has the same tolerance for drawdown. A conservative setup makes more sense for someone prioritizing account preservation, while more aggressive settings can be considered by traders who understand the additional risk.
  • I originally purchased the robot but ended up getting a lot of value from the Discord community. Seeing how other traders managed risk, interpreted signals, and handled different market conditions gave me useful perspectives that I wouldn't have gained trading alone.

Cons

  • The platform isn't the only thing that matters. You still need a broker and account setup that makes sense for automated trading, particularly when spreads and execution are involved.
  • The number of settings can be overwhelming if you are completely new to Expert Advisors. I would not recommend changing several parameters at once because it becomes difficult to understand what actually affected the results.
  • I'd like to see additional advanced tutorials covering optimization techniques for experienced users. More educational videos would also be a valuable addition.
  • Higher-risk configurations can expose the account to substantially larger losses. Traders still need to monitor drawdown rather than assuming the EA will automatically protect the account.
  • Like any community, the quality of discussions varies depending on who is participating.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

MT5 Robot Lab
Poland
ea-lab.dev/

Company Information

Forex Fury
Founded: 2015
Canada
www.forexfury.com

Alternatives

Alternatives

BF Scalper PRO

BF Scalper PRO

FXautomater
Evening Scalper Pro

Evening Scalper Pro

ValeryTrading
GOLD Scalper PRO

GOLD Scalper PRO

FXautomater
Position Sizer

Position Sizer

EarnForex

Categories

Forex Robots Supported

Categories

AI Trading Bots Supported
Forex Robots Supported

Integrations

MetaTrader 5 Supported
HankoX Not Supported
MetaTrader 4 Not Supported

Integrations

MetaTrader 5 Supported
HankoX Supported
MetaTrader 4 Supported
Claim EA LAB and update features and information
Claim EA LAB and update features and information
Claim Forex Fury and update features and information
Claim Forex Fury and update features and information