The short answer
AlfaTactix is an alternative to EA Builder and EA Builder Pro for traders who want a guided form, not a free-form builder. You set the rules in a 7-step form, backtest them on the site on your own data and download one readable MQL5 Expert Advisor for MetaTrader 5 or a Pine Script v6 strategy for TradingView. AlfaTactix Free costs €0; paid plans cost €19, €39 or €79 a month. Both EA Builders stay the closer fit for MetaTrader 4.
EA Builder (eabuilder.com) and EA Builder Pro (eabuilderpro.com) have similar names but separate websites and separate plans. This page describes each only from its own pages, as of November 2026, with numbered sources; we did not test either of them. What the MetaTrader side of AlfaTactix writes is shown on the MT5 EA builder page.
EA Builder and EA Builder Pro in brief
As of November 2026, each product's own pages state the following.
EA Builder (eabuilder.com) is a web app for building indicators and strategies without programming [1]:
- Platforms: MetaTrader 4, MetaTrader 5 and TradeStation (EasyLanguage) [1].
- Price: indicators are free and unlimited; strategies (Expert Advisors) need a one-time payment of $97 for lifetime access [1].
- Building: point and click, with time-of-day and trade-count settings, custom indicators and custom functions; money management includes martingale and anti-martingale [1].
- Output: human-readable, commented code in a single file [1].
- Testing: its 15 video tutorials, made for MetaTrader 4 and TradeStation, show how to design, backtest and optimise a strategy [1].
EA Builder Pro (eabuilderpro.com) is a web-based no-code builder for MetaTrader 4 and MetaTrader 5 Expert Advisors [2]:
- Building: start from a template or ask its AI Agent to build the EA, then add indicators, entry and exit signals, strategy modules and money management, including martingale [2][4].
- Custom indicators: upload them as MQ4 or MQ5 files on every plan, or as EX4 or EX5 files on the paid plan [4].
- Testing: a cloud backtest on its site, with a report of orders and deals [2].
- Output: MQL4 or MQL5 source code, or a compiled EX4 or EX5 file [2].
- Free plan: 2 EAs, 3 cloud backtests a day and 10 compiled exports a day; source-code export and removing the watermark need Pro [3].
- Pro plan: €19.99 a month or €79.99 a year, shown to us in euros; you can cancel at any time, and exported EAs keep working after you cancel [3].
Who each tool suits
EA Builder suits you if you trade on MetaTrader 4 or TradeStation as well as MetaTrader 5, if you want free indicators with arrows and alerts, or if you would rather pay once for strategies [1]. Its custom indicators and custom functions, martingale money management and binary options on MetaTrader 4 cover needs a fixed form does not [1].
EA Builder Pro suits you if you want to start from a template or from its AI Agent, upload your own custom indicators, backtest in the cloud on its site and choose between source code and a compiled file [2][4]. It covers MetaTrader 4 as well as MetaTrader 5, and its free plan has no card requirement [2].
AlfaTactix suits you if you would rather state rules than assemble them: an entry, filters, exits and risk, each set in a fixed 7-step form. It also suits you if you trade on TradingView as well as MetaTrader 5, if you want to backtest on the site on your own data before you download anything, or if you want an AI to fill the form from your own words: Tactix Studio, in the paid plans, fills the same form you can fill by hand and never writes code. It does not suit you if you need MetaTrader 4, your own indicators, martingale or logic the form has no field for.
EA Builder, EA Builder Pro and AlfaTactix side by side
EA Builder and EA Builder Pro facts are as of November 2026, from their own pages. AlfaTactix facts are from our pricing page and the product.
| EA Builder | EA Builder Pro | AlfaTactix (ours) | |
|---|---|---|---|
| Price model | Indicators free; strategies with a one-time payment of $97 [1] | Free plan; Pro €19.99 a month or €79.99 a year, cancel any time [3] | Free €0 with no end date; Starter €19, Trader €39, Pro €79 a month, or a year for the price of 10 months; no automatic renewal |
| Free use | Unlimited indicators; no strategies [1] | 2 EAs, 3 cloud backtests a day, 10 compiled exports a day; no source-code export [3] | 1 saved strategy, 1 code download a month (readable source), 3 backtests a day, the 11 basic indicator types |
| Platforms | MetaTrader 4, MetaTrader 5, TradeStation [1] | MetaTrader 4, MetaTrader 5 [2] | MetaTrader 5 or TradingView, one platform per strategy, switched in Step 1 |
| How you set the rules | Point and click, with custom indicators and functions [1] | A template or the AI Agent, then indicators, signals and modules [2] | A 7-step form: 47 indicator types, up to 3 timeframes and up to 8 filters per strategy |
| AI | None described on the page we read [1] | An AI Agent that builds an EA for you [2][4] | Tactix Studio, in the paid plans, fills the form from your words; it never writes code |
| Output | Readable, commented code in one file [1] | MQL4/MQL5 source or compiled EX4/EX5 [2] | One readable .mq5 source file or one Pine Script v6 strategy; every indicator is written out in the code |
| Testing | Tutorials show backtests in MetaTrader 4 and TradeStation [1] | A cloud backtest on its site [2] | A backtest on the site on data you upload; then the platform's own tester |
AlfaTactix at a glance (our product)
A guided 7-step form that writes one readable
.mq5Expert Advisor for MetaTrader 5, or a Pine Script v6 strategy for TradingView from the same kind of rules. 47 indicator types, up to 3 timeframes and up to 8 filters per strategy. A backtest on the site, on your own data, with no MetaTrader 5 install. Tactix Studio, in the paid plans, fills the form from your words and never writes code. Free: €0, 1 saved strategy, 1 code download a month and 3 backtests a day. Starter €19, Trader €39, Pro €79 a month.
Our limits
What AlfaTactix does not do, so you can rule it out quickly:
- No MetaTrader 4 and no TradeStation. The builder generates MQL5 for MetaTrader 5 and Pine Script v6 for TradingView.
- One platform per strategy. A strategy runs on one platform at a time; you switch it in Step 1, and the form first lists the settings that change.
- A fixed form, not free logic. If the form has no field for a rule, you cannot add one. EA Builder's custom functions give more freedom here.
- No custom indicators. You choose from 47 built-in indicator types; you cannot upload your own.
- No grid or martingale money management.
- No code import. AlfaTactix does not import MQL code, compiled files or another builder's projects; you set the rules again in the form.
- Tactix Studio is in the paid plans only. On Free you fill the form by hand.
- No news filters in this release.
- Backtests run on data you upload, on any timeframe down to one minute; how many days one run covers depends on your plan (Pricing).
When EA Builder or EA Builder Pro is the better choice
Choose one of them, or stay with it, if one of these is true for you:
- You trade on MetaTrader 4: both build for it [1][2].
- You trade on TradeStation: EA Builder writes EasyLanguage [1].
- You want unlimited free indicators with arrows and alerts, and one payment for strategies: EA Builder [1].
- You want to upload your own custom indicators: EA Builder Pro on every plan for MQ4 and MQ5 files [4].
- You want a compiled EX4 or EX5 file, or an AI Agent that builds the EA: EA Builder Pro [2].
- You want martingale money management: both offer it [1][2].
Compare more, or try it
For more MetaTrader 5 builders in one table, read the best MT5 EA builder, with fxDreema, EA Builder and StrategyQuant X compared and AI EA generators against visual builders in the Academy. If you also weigh a block builder, see the fxDreema alternative. If you build for TradingView instead, the Pineify alternative compares the Pine Script side.
To try AlfaTactix, create a free account: €0, no end date and no card. Or open the public demo and build a strategy without signing up.
Questions and answers
Does AlfaTactix Free let me download the MQL5 source code?
Yes. AlfaTactix Free includes 1 code download a month, and the download is the readable .mq5 source of your Expert Advisor, with every indicator written out in the code. Free also gives you 1 saved strategy, 3 backtests a day on your own data and the 11 basic indicator types, at €0 with no end date and no card. Compare the plans
Are EA Builder and EA Builder Pro the same product?
They are presented as two products, each on its own website with its own plans. EA Builder, at eabuilder.com, makes indicators free and sells strategies for a one-time payment. EA Builder Pro, at eabuilderpro.com, has a free plan and a Pro subscription. This page compares both with AlfaTactix and describes each one only from its own pages.
Can I use my own custom indicators in AlfaTactix?
No. AlfaTactix offers 47 built-in indicator types, and the form has no way to upload or add your own. Each indicator you choose is written out in the generated code, so you can read how it is calculated. If your strategy depends on a custom indicator, EA Builder and EA Builder Pro both let you add one.
Does AlfaTactix build Expert Advisors for MetaTrader 4 or TradeStation?
No. AlfaTactix writes MQL5 for MetaTrader 5 and Pine Script v6 for TradingView, nothing else. If your broker offers only MetaTrader 4, EA Builder and EA Builder Pro both build for it, and EA Builder also writes EasyLanguage for TradeStation. If your broker also offers MetaTrader 5, you can build the strategy in AlfaTactix and run it there.
Can I backtest an AlfaTactix strategy before I download the Expert Advisor?
Yes. The backtest runs on the site, before any download, on data you upload, on every plan, Free included, on any timeframe down to one minute; how many days one run covers depends on your plan. A backtest is not a forecast, so test the downloaded Expert Advisor in the MetaTrader 5 Strategy Tester and on a demo account as well. How the backtest works
Sources
The numbers in brackets in the text point to this list. Each page was read in November 2026; prices and plans change, so check the vendor's page before you buy.
- EA Builder: Expert Advisor Builder - Create indicators and strategies for MetaTrader 4 & 5 and TradeStation (opens in a new tab).
- EA Builder Pro: Free No-Code EA Builder: Build MT4 & MT5 Expert Advisors and Forex Robots | EA Builder Pro (opens in a new tab).
- EA Builder Pro: EA Builder Pricing: Free & Pro Plans | EA Builder Pro (opens in a new tab).
- EA Builder Pro: Frequently asked questions (FAQ) | EA Builder Pro (opens in a new tab).