For MetaTrader
Expert Advisors, written and filed where MetaTrader looks.
Keep MetaTrader, your broker, your charts and the Strategy Tester. Describe the strategy and the Expert Advisor is written as readable MQL5, into the right folder, organised, and ready to open in MetaEditor.
The setup
The setup is the part that stops people.
Not the strategy; you already have that. It is everything between the idea and a compiled EA: MQL5, a data folder MetaTrader keeps out of sight, and which subfolder a file belongs in.
01Say what the EA should do
02It finds your data folder
03The EA lands where MetaTrader looks
04Then it reads the results back
Held to account
Not another platform to learn.
QuantIDE does not replace MetaTrader. It sits beside it and does the programming.
MetaTrader stays where it is
MQL5 is not a special case
Backtests read candidly
Due diligence
MetaTrader, the questions asked first.
Do I have to write MQL5?
No. Describe the strategy and you get a working Expert Advisor. The MQL5 is real, readable code you can open and edit in MetaEditor, but you do not have to write it, and you can ask what any part of it does.
Where does the Expert Advisor get saved?
Into your MetaTrader data folder, the one under AppData\Roaming\MetaQuotes\Terminal behind a long hash, which is why MetaTrader has an "Open Data Folder" menu item at all. The .mq5 is written into MQL5\Experts, with Include and Indicators kept organised alongside it.
Do I still need MetaTrader?
Yes, and that is the point. This does not replace MetaTrader: you keep your broker, your charts, your terminal and the Strategy Tester. QuantIDE removes the part where you had to become an MQL5 programmer first.
Can it help me read a backtest?
Yes. Run the Strategy Tester as normal, then ask about the result. The report is read and explained in plain language, and you will be told when a Sharpe is modest or a drawdown is material rather than shown only the good part.
Is it only MQL5?
No. MQL5 is one target among many. The same approach writes Python, TypeScript 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 trade.
What does it cost?
One monthly plan: no tiers and nothing to unlock. Current terms are shown before you download rather than printed here. It runs on Windows, macOS and Linux, and you can cancel anytime.