Say what the EA should do
Describe your entries, exits, lot sizing and the drawdown you refuse to accept — in your own words, the way you would explain it to another trader.
For MetaTrader
Keep MetaTrader. Keep your broker, your charts and the Strategy Tester. Describe the strategy you want in plain English and QuantIDE writes the Expert Advisor — into the right folder, organised, ready to open.
6 MB · Windows, macOS, Linux · No credit card
Not the strategy — you already have that. It is everything between the idea and a compiled EA: learning MQL5, finding a data folder MetaTrader deliberately hides, and working out which subfolder a file belongs in. That is the part that gets handled.
Describe your entries, exits, lot sizing and the drawdown you refuse to accept — in your own words, the way you would explain it to another trader.
The one buried under AppData\Roaming\MetaQuotes\Terminal\ behind a 32-character hash. You do not have to locate it, and you do not have to know it exists.
The .mq5 is written straight into MQL5\Experts, with includes and indicators filed where they belong. Open MetaEditor and it is already there.
Run the Strategy Tester and ask what happened. It reads the report and tells you what the drawdown actually means, instead of leaving you to interpret it alone.
Your broker relationship, your terminal, your charts, your Strategy Tester — all unchanged. Nothing migrates and nothing is replaced. QuantIDE sits beside it and does the programming you were never going to do.
There is no list of supported languages or venues. MQL5 is simply what gets written when MetaTrader is where you trade. Move to a different broker or a different market and the same sentence produces whatever that one needs.
No. Describe the strategy in plain English and you get a working Expert Advisor. The MQL5 is real, readable code you can open and edit in MetaEditor if you want to — but you never have to write it, and you can ask what any part of it does.
Into your MetaTrader data folder — the one under AppData\Roaming\MetaQuotes\Terminal behind a long hash, which is why MetaTrader has a "Open Data Folder" menu item at all. QuantIDE finds it for you and writes the .mq5 into MQL5\Experts, keeping Include and Indicators organised alongside it.
Yes, and that is the point. This does not replace MetaTrader — you keep your broker, your charts, your terminal and the Strategy Tester. QuantIDE just removes the part where you had to become an MQL5 programmer first.
Yes. Run the Strategy Tester as normal, then ask about the result. It reads the report and explains it in plain language — and it will tell you when a Sharpe is modest or a drawdown is material rather than only showing you the good part.
No. MQL5 is one target among many. The same approach writes Python, JavaScript or whatever else a venue needs — there is no fixed list of supported languages or brokers, so you are not waiting on a roadmap to reach the platform you actually trade.
The app is free forever — a 6 MB download for Windows, macOS and Linux, with no credit card and no trial period. Paid tiers ($19.99 and $39 a month) only add hosted AI capacity; they do not unlock features.
The one you never wrote because it meant learning MQL5 first. Download QuantIDE, say it in a sentence, and open MetaEditor to find it waiting.
Download QuantIDE FreeWindows · macOS · Linux · No credit card