Forex Robot Factory lets you build EAs with a point-and-click interface. HorizonAI uses AI to generate clean MQL5 AND Pine Script from plain English — faster, more flexible, and with built-in learning.
Forex Robot Factory is a web-based EA generator for MetaTrader with auto-generation and backtesting. It's subscription-based and MetaTrader-only. HorizonAI uses AI to generate both MQL5 and Pine Script from plain English — free, simple, and dual-platform.
Forex Robot Factory (also known as EA Studio or FSB Pro) is a web-based platform for generating and backtesting Expert Advisors for MetaTrader. It uses a point-and-click strategy builder and can auto-generate EAs based on backtesting criteria.
Forex Robot Factory offers subscription-based pricing. Plans typically range from around $15-30/month depending on features. Some versions may have different pricing structures.
Forex Robot Factory only generates MetaTrader code. HorizonAI generates both MQL5 AND Pine Script from the same description — perfect for multi-platform traders.
Instead of clicking through menus and settings, describe your EA in plain English. HorizonAI's AI generates clean code instantly.
Forex Robot Factory charges a monthly subscription. HorizonAI has a free forever plan with generous limits — no recurring costs to worry about.
Forex Robot Factory's auto-generated code can be opaque. HorizonAI generates clean, commented code you understand and can modify freely.
HorizonAI's knowledge base teaches you MQL5 as you generate code. Forex Robot Factory doesn't offer learning resources.
“Forex Robot Factory's generated EAs worked but I couldn't customize them. HorizonAI generates code I can actually understand and modify.”
Pavel S.
Forex trader · Switched from Forex Robot Factory
Customizable, understandable code“Paying $25/month for Forex Robot Factory seemed reasonable until I found HorizonAI's free plan. Same quality EAs plus Pine Script support. No-brainer switch.”
Sandra T.
Part-time trader · Switched from Forex Robot Factory
Saving $300/year“I started with Forex Robot Factory for MT5 but also wanted TradingView strategies. HorizonAI generates both from the same description.”
Kevin O.
Multi-platform trader · Switched from Forex Robot Factory
MQL5 + Pine Script from one toolDescribe your strategy in plain English. Get clean code for MetaTrader AND TradingView.
Create your HorizonAI account. No subscription, no credit card — free forever.
Instead of configuring settings in Forex Robot Factory, describe your idea: "Create a Bollinger Band squeeze EA with MACD confirmation."
HorizonAI generates readable, commented MQL5 code. Paste it into MetaEditor and compile.
Want to test on TradingView? Generate the Pine Script version too — Forex Robot Factory can't do this.
Get MQL5 and Pine Script generation free forever. No monthly subscription needed.
Forex Robot Factory's subscription costs $180-360/year. HorizonAI's free plan provides MQL5 AND Pine Script generation — saving you hundreds annually.
Forex Robot Factory auto-generates EAs for MetaTrader using a point-and-click interface. HorizonAI uses AI to generate both MQL5 AND Pine Script from plain English descriptions. HorizonAI is free, produces cleaner code, and supports TradingView.
Yes. HorizonAI generates complete MQL5 Expert Advisors from plain English descriptions. You also get Pine Script versions for TradingView — something Forex Robot Factory doesn't offer.
HorizonAI. Its plain English interface and built-in knowledge base are more beginner-friendly than Forex Robot Factory's point-and-click system, which still requires understanding technical analysis concepts without guidance.
Yes! HorizonAI offers a free forever plan that lets you generate Pine Script and MQL5 code without paying anything. You can upgrade to Pro when you need more features like unlimited generations, priority support, and advanced features.
No. HorizonAI is a code generation tool — you don't connect exchange API keys. You simply describe your trading idea in plain English, and HorizonAI generates the Pine Script or MQL5 code for you. You can then paste that code into TradingView or MetaTrader 5.
HorizonAI helps you create better code faster, but trading results depend on your strategy, risk management, and market conditions. What HorizonAI guarantees is error-free, well-structured code that follows best practices — so you're starting with a solid foundation.
Describe your strategy in plain English. Get clean MQL5 and Pine Script code. Start free today.
Start Generating EAs — FreeFree forever. MQL5 + Pine Script. No subscription.