EA LAB

EA LAB

MT5 Robot Lab
News EA

News EA

RobotFX
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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

This Metatrader News trading expert advisor that can trade the forex news using a one-cancels-others (OCO) approach, and trail the price of the winning trades. News (oco) main functions: Places a defined number of opposite pending orders below (short) and above (long) the price, just before the news release. Deletes the opposite orders as soon as the price hits a pending order (oco means one cancels others). Places stop-loss, take-profit, trail, break-even etc. The News expert advisor was designed to trade news events in an OCO approach. OCO stands for one cancels other and refers to the EA’s ability to close a pending order (or more) once the price triggers an opposite pending order. This is an important feature in news trading. Traders trading the news usually place two pending orders right before an important news event - that is the most known and profitable way to trade forex news - a buy-stop and a sell-stop.

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 Not Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Supported

Audience

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

Audience

Forex traders

Support

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

Support

Phone Support Supported
24/7 Live Support Supported
Online Supported

API

Offers API Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

No images available

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

$49
Free Version Supported
Free Trial Supported

Reviews/Ratings

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

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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:

Review this Software

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

RobotFX
Founded: 2006
www.robotfx.org/p/news.html

Alternatives

Alternatives

Categories

Forex Robots Supported

Categories

Forex Robots Supported

Integrations

MetaTrader 4 Not Supported
MetaTrader 5 Supported

Integrations

MetaTrader 4 Supported
MetaTrader 5 Not Supported
Claim EA LAB and update features and information
Claim EA LAB and update features and information
Claim News EA and update features and information
Claim News EA and update features and information