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TradeSmithy

Freemium

Summary

Most traders building MetaTrader EAs stitch together a visual builder, a separate backtester, a spreadsheet for results, and a forum thread to sell — four tools, four contexts, four places for the workflow to break. TradeSmithy collapses that into a single canvas.

The core loop runs inside one account: drag nodes onto a canvas to wire up a strategy, ask the AI assistant to modify the graph in plain English, queue a backtest against historical data without opening MetaTrader, export clean MQL4 or MQL5 source, and list the finished EA in a built-in marketplace. The AI edits the graph directly — adding nodes and rewiring connections — rather than just suggesting changes you have to apply yourself. Backtests run on separate servers and continue whether or not your browser tab is open. The ceiling arrives when strategies grow complex: the node-graph model handles linear logic well but offers precious little support for conditional branching across multiple indicators that interact at runtime.

Bottom line: Pick TradeSmithy to take a single-indicator idea from canvas to compiled EA without touching MQL; plan a different path when your strategy requires conditional logic too tangled for a node graph to express without a parallel code layer.

Pricing Plans

Subscription
Free Tier
3 projects, 1 code export per 30 days, no AI chat or backtests

Free

Free

Up to 3 projects, 1 code export per month, marketplace browsing

  • 3 projects
  • 1 export/month
  • No AI messages
  • No backtests

Premium

$49per month

Unlimited projects, 1200 AI messages, 300 exports, 200 backtests, 5% marketplace commission

  • Unlimited projects
  • 1200 AI messages/30 days
  • 300 exports/30 days
  • 200 backtests/30 days
  • 5% commission

View full pricing on tradesmithy.com →

Pricing may have changed since last verified. Check the official site for current plans.

Community Performance Report Card

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Best For: MetaTrader traders seeking no-code automation, Users who want an integrated build-test-sell workflow, Traders publishing and monetizing strategies
  • All 38 built-in MetaTrader indicators are mapped to their actual MQL functions with typed parameters, so the exported source compiles in MetaEditor without manual correction of indicator calls.
  • The AI assistant edits the node graph directly on request — adding nodes and rewiring connections — so a strategy change takes one instruction instead of a manual drag-and-drop sequence.
  • Backtests run on separate servers and continue when the browser tab closes, which means a long historical run does not require keeping a session open or a local terminal running.
  • A built-in marketplace with wallet integration means a finished strategy can generate revenue without setting up a separate storefront, payment processor, or distribution channel.
  • Twenty prebuilt strategy templates open as editable graphs rather than locked presets, so you start from working logic and modify it rather than building indicator chains from scratch.
  • The node-graph model handles linear indicator-to-order logic cleanly, but strategies requiring multi-condition branching — where the path depends on the interaction of two or more indicator states — hit the canvas's expressive ceiling fast. Teams that need that depth add a manual MQL5 editing pass after export, which means maintaining the graph and the source file as two separate representations of the same strategy.
  • Backtesting and all Global Parameter adjustments are paid-only features, so a free-tier user cannot validate a strategy against history before exporting it. The build-test loop that defines the platform's value proposition is unavailable until a paid tier is active.
  • There is no API and no self-hosted option, which means the platform cannot be integrated into an external CI pipeline or strategy version-control workflow. Teams that need audit trails, automated regression testing, or source management outside a browser switch to MQL5 development in MetaEditor or a code-first framework instead.

About

Platforms
Web
API Available
No
Self-Hosted
No
Last Updated
2026-09-09T06:56:56.694Z

Best For

Who it's for

  • MetaTrader traders seeking no-code automation
  • Users who want an integrated build-test-sell workflow
  • Traders publishing and monetizing strategies

What it does well

  • Creating custom MetaTrader EAs from trading ideas without coding
  • Iterating strategies with AI-assisted graph edits
  • Backtesting and exporting EAs for live MT4/MT5 use
  • Selling completed strategies in a built-in marketplace

Integrations

MetaTrader 4MetaTrader 5
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Frequently Asked Questions

Is TradeSmithy free?
TradeSmithy has a permanent free tier alongside paid upgrades. You can keep using a baseline version indefinitely without paying.
Is TradeSmithy open source?
No — TradeSmithy is a closed-source tool. Source code is not publicly available.
What platforms does TradeSmithy support?
TradeSmithy is available on: Web.
TradeSmithy

The fragmented EA workflow

Most traders building MetaTrader EAs stitch together a visual builder, a separate backtester, a spreadsheet for results, and a forum thread to sell — four tools, four contexts, four places for the workflow to break. TradeSmithy collapses that into a single canvas.

How the loop works

The core loop runs inside one account: drag nodes onto a canvas to wire up a strategy, ask the AI assistant to modify the graph in plain English, queue a backtest against historical data without opening MetaTrader, export clean MQL4 or MQL5 source, and list the finished EA in a built-in marketplace. The AI edits the graph directly — adding nodes and rewiring connections — rather than just suggesting changes you have to apply yourself. Backtests run on separate servers and continue whether or not your browser tab is open.

Indicator mapping and limits

All 38 built-in MetaTrader indicators are mapped to their actual MQL functions with typed parameters, so the exported source compiles in MetaEditor without manual correction of indicator calls. The node-graph model handles linear indicator-to-order logic cleanly, but strategies requiring multi-condition branching hit the canvas’s expressive ceiling fast. Backtesting and all Global Parameter adjustments are paid-only features.

Pricing and access

Pricing model is subscription. Free tier limits are 3 projects, 1 code export per 30 days, no AI chat or backtests. Platforms supported are Web with integrations for MetaTrader 4 and MetaTrader 5.

Who it is for / who should skip it

TradeSmithy suits MetaTrader traders seeking no-code automation, an integrated build-test-sell workflow, and traders publishing and monetizing strategies. Skip it if strategies need multi-condition branching or if free-tier validation against history is required before export.