MT5 Indicators & Expert Advisors, Tested and Documented

What AlgoToolbox is

AlgoToolbox publishes test results for MetaTrader 5 indicators and Expert Advisors. Some tools are made by other developers, free or commercial; others we coded ourselves. Every page is written by one MQL5 developer, Eko Martha Kusumah, after the tool has been installed and run in MetaTrader 5, and good and bad results are published the same way.

Test reports and our builds

Test reports cover tools by other developers. Commercial products are tested only from their free demo version in the MT5 Strategy Tester; we never host, sell or redistribute them, and every report links to the developer’s official page.

Our builds are MQL5 ports of published scripts and our own original tools. Ports credit the original author and follow the original licence.

How every tool is tested

Each page records the test bench: platform build, account type, symbol, timeframe, test period and tick mode, and for Expert Advisors the deposit, spread, commission and the resulting drawdown. Every input is explained, and the known limitations are listed before the download or product link, not hidden at the end. The full method is on How we test.

Scores without paid placements

Test reports can carry a score out of 5, averaged from five criteria: results, robustness, risk control, claims versus results, and usability. We do not score our own builds, because a site cannot fairly rate its own tool. There are no paid reviews or sponsored rankings; affiliate links are labelled and explained in the affiliate disclosure.

Browse by tool type

• MT5 indicators: Fibonacci levels, fair value gaps, reaction zones and regime filters.
• MT5 Expert Advisors: grid and scalping systems with Strategy Tester backtests.
• Everything we have tested: the full list, sortable by name and date.

Risk, licences and installing a build

A backtest describes the past and is not a promise of profit, and trading leveraged products carries a high risk of loss. Run any tool on a demo account first and read the risk disclaimer. Our builds are ready-to-use MT5 files under the licence terms: in MetaTrader 5 open File, then Open Data Folder, copy the file into MQL5/Indicators or MQL5/Experts and refresh the Navigator.

Questions, bugs and corrections

Found a bug, a wrong setting or a missing credit? Use the contact page. Credit and licence corrections from original authors are handled first, and developers of tested tools can send factual corrections to a report.