Expert Advisor Studio (EA Studio) is Forex Software Ltd's latest software application for generating MT4-compatible Expert Advisors. It is a web-based application that runs within your browser. The software generates millions of candidate strategies by combining well-known and tested Forex indicators. Then, using a proprietary, real-time backtesting engine the software calculates statistics for each strategy and keeps only the best ones by adding them to a Collection. EA Studio also includes tools for advanced analysis and robustness testing -- e.g. Out of Sample, Monte Carlo and Multi-Market.
EA Studio is a ground-breaking tool that encourages us to make a dramatic shift in our trading paradigm. Rather than rely on a single Expert Advisor that can fail in real market conditions, EA Studio creates a portfolio of strategies that trade simultaneously. As a result, we no longer have to rely on a single EA or on a single market since we are no longer limited by our trading system.
You can try EA Studio below or learn more by visiting Forex Software Ltd's web site.