MetaTrader 5

MetaTrader 5 tools use compiled .ex5 files placed in MQL5/Experts or MQL5/Indicators. MT5 distinguishes netting accounts, where one position per symbol is aggregated, from hedging accounts that allow several. Every EA in this category states which account mode it supports, because grid and basket strategies usually require hedging. MT5's multi-threaded strategy tester with real-tick modelling makes it the better platform for validating scalping systems, and the products here include tester settings so you can repeat the vendor's tests on your own broker data. Minimum tested build for the listings below is 4000 or later.