MT5 EA Maker — $5.99 For Untested Robots

Verdict up front: MT5 Forex Auto Robot EA Maker charges $5.99 for an app that lets you “create as many Auto Trading EA you want everyday” — automated robots that will trade a live account. It publishes no backtest, no performance record and no risk warning, and has not been updated since June 2025.

A factory for robots nobody has tested

The pitch is three sentences long: “All you need to do is to send your Auto Trading EA to your PC then press compile after opening it… Helps you to Auto generate your Trading ideas using indicators, you can create as many Auto Trading EA you want everyday… with your name on it.”

Strip the wording and the product is a generator: pick two indicators, set a stop loss and a take profit, and it writes an Expert Advisor that will trade a live MetaTrader account automatically.

What it does not do is tell you whether the strategy works. There is no backtester, no walk-forward test, no equity curve, no sample, no statistics of any kind — and none in the listing either. The one thing that separates a trading strategy from a coin toss is evidence it has been tested, and that is the thing being left out.

“With your name on it”

The screenshots show an “Owner’s Name” field. The robots come branded, and the marketing frames include “Share with others”.

That is a product for producing things to sell or distribute, not just to use. Untested automated strategies, generated in seconds, carrying somebody’s name and passed on to other people — and the person who generated one knows no more about how it performs than the person who receives it.

The sibling app

The same developer, OkaTech, also publishes Forex Mobile Robot Maker at $2.99. Its store graphics read “Create the auto Trading robot using your phine” and “Easy and simple access to ‘how to’ vidoes” — two misspellings in the marketing copy of a paid financial app, sitting uncorrected on the store.

Stale since June 2025

Last updated 4 June 2025 — fifteen months before this check. MetaTrader, Android and broker APIs have all moved in that time. A paid tool that generates live trading code, untouched for over a year, is not being maintained.

What testing a strategy actually requires

Historical data across several years and several market regimes. Out-of-sample testing on data the strategy never saw. Realistic spread, slippage and commission. A record of the worst drawdown, not just the best run. Professional teams spend months on this before a strategy touches real money. An app that generates one in thirty seconds has done none of it — and neither have you.

Sources, checked 23 September 2026: Google Play listings for com.k.fxpillmt5 and com.eamaker.forexrobotmaker, read 23 September 2026 · developer OkaTech · price, description, screenshots, category and last-updated dates as displayed.