EA Coder Overview
The EA coder was created by the inspirational programmer and entrepreneur Rimantas Petrauskas. Rimantas is one of the most well-known programmers in the Forex world. He has almost two decades of programming experience.
Rimantas is the creator of two of the most popular trader copiers for the MetaTrader 4 (MT4) platform – the Signal Magician and the Local Trade Copier.
EA Coder core mission is to create programs in automated forex trading software for the MetaTrader platform. The forex tools from EACoder are supposed to reduce the workload for the trader by copy trading and delivering trading signals.
The EA coder has a wide range of tools for the MT4. Here is an overview:
- Equity Sentry EA
- Trader on Chart
- MyMT4Book
- Trendline Trader
- Hedge EA
- Local Trade Copier
- Signal Magician (use to be Remote Trade Copier)
We will explain the value of each tool. But first, it is important to know that the EA Coder has an excellent rating in the trading community.
- Elite CurrenSea and EA Coder have known each other for years. The respect is mutual.
- Rimantas is a man of his word and he does what is best for his customers. For instance, a trader from the ECS community once ordered the wrong product. Rimantas made a full refund.
- EA Coder is a company that wants to prove that not all Forex businesses are bad. There are people and firms that are honest and legitimate.
- Other traders appreciate their hard work. Their rating on Forex Peace Army is a inspiring 4.9 stars out of max 5. They have 70 reviews from happy clients.
Here are some of the reviews:
I have been using this Local trade copier since January without having any challenges, very easy to use it and support is always available to assist. Thank you Mr. Rimantas for your endless effort.
There are currently two products I use from this developer: MyMT4Book and Equity Sentry EA. Both fantastic products, both absolutely needed for any MT4 auto-trader. The visibility provided by MyMT4Book and the control allowed by Equity Sentry EA will make your trading better. This is my honest and hands on opinion. Worth every penny and the developer, Rimantas Petrauskas is responsive and very helpful.
Summary:
EA coder is a company that offers value to the trading community. The main question is: how can it help you?
It’s time to review the products.
Seven Products from EA Coder
Let’s give a short introduction to each of the services.
#1. MyMT4Book
MyMT4Book gives you stats that MyFxBook cannot. It is a MT4 indicator.
It can analyse your trades in more depth. Simply said, it allows you to tune up your trading by pushing what works and getting rid of what does not.
Analyse hundreds or thousands of trades with a wide range of criteria:
- Profit factor
- Return/drawdown ratio
- Net profit
- Trade count
- And much more
The cool thing is that you can analyse your MT4 trading record with MyMT4Book instantly on the chart window without uploading it online.
#2. Equity Sentry EA
Equity Sentry EA is the safeguard and supervisor of your MT4 accounts. In many ways, it’s a protection of your deposits. This is the tool that allows you to sleep well during the night.
The EA allows you to automatically close all of your trades based on specific rules. This includes: open loss, open profit, money, percentage or pips won/lost, etc.
The Sentry EA also closes down other running Expert Advisors and prevents them from opening any trades. The EA coder calls this “close and stop”.
#3. Signal Magician (Remote Trader Copier)
This is the star product from Rimantas and his EA coder website. Signal Magician (SM) offers a unique trade copier software for the MT4 platform. It is fully remote, which means that SM copies trades to followers anywhere in the world automatically.
This is a great service for Forex or stock traders who want to offer their own independent copy trading signal service. It’s an all-in-one solution where you can manage your subscriptions and signals in a user friendly admin panel.
Last but not least, SM offers a white label solution so you can run your own branded service! Please let us know if you start one, we would love to hear from you.
#4. Local Trader Copier
This product is very similar to Signal Magician. The main difference is the Local Trader copier is a software for retail traders who want to duplicate trading positions on multiple accounts but on the same PC or VPS. This service is not for traders who want to copy trades to followers around the world. Local Trader Copier is local.
#5. Hedge EA
Elite CurrenSea (ECS) do not offer systems that are focused on hedging techniques. Our automated trading system (Ultima EA) does use hedging at times, but only if the system rules are confirmed.
Other EAs are fully focused on hedging as one of their main pillars. Although ECS believes that hedging only strategies will not work in the long run, there are plenty of traders that still try these techniques. From the reviews that we have read, the Hedge EA can help manage the hedging approach significantly.
If you are heavily into hedging, then this could be a great solution for you. If you are not into hedging, then we recommend not to start 🙂
#6. Trendline trader
Trend lines are magical. Most technical traders are big fans of the simple yet powerful trend line. Trading a trend line break, however, does take time and effort. And manual work is always vulnerable to mistakes and missed opportunities.
The Trendline trader is a wonderful tool that allows you to trade trend line breakouts… with much less time. Skip the hours of waiting in front of the PC. The Trendline trader scans your trend lines continuously. As soon as your trend line breaks, the Trendline trader will enter the market.
The cool thing is the Smart Breakout Technology. It helps you avoid false breakouts by automatically adjusting the trend lines if price fails to break. Excited? A must for all technical traders.
#7. Trader on Chart
Looking to enter quickly? This is the best solution for instantly calculating the correct lot size.
Most traders want to use proper risk management… unfortunately, calculating the correct lot size based on your stop loss placement, trading capital, and risk percentage is not easy.
Before you have the chance to calculate the correct lot size, the market price has already moved away from your entry!
Trader on Chart is the solution:
- Setup the stop loss and take profit beforehand
- Use pips or an exact price
- Add the risk and account capital
- Calculate the lot size with 1 click
- Simple trading panel
- Allows market and pending orders
- Place straddle pending orders and OCO (one cancels the other) function
The Man Behind EA Coder: Rimantas Petrauskas
A trader, programmer, and entrepreneur. The dynamic Rimantas is a well known name in the Forex industry. And justly so.
Besides being a talented programmer and trading robot builder, Rimantas runs several websites that offer his quality products, such as EA Coder, Signal Magician, Equity Sentry EA, Trader on Chart, and MT4 Copier. Rimantas is also a talented automated trading systems expert, webinar speak, and author.
Rimantas envisions more financial freedom and opportunities for traders to shape their own lives. We at Elite CurrenSea could not agree more and share the same vision with Rimantas. People deserve to have more input and opportunities in their lives. Elite CurrenSea and EA Coder are ready to help the trading community to their best of abilities.
As Rimantas says: “Believe in yourself, take the plunge and get to first base. From there things will be easier.”
What Do Traders Think?
Praise and more praise. Everyone is happy with EA Coder and Trade Copier.
Traders mention the quality products. And also the excellent service and customer care. Also, Rimantas is almost always thanked in a special separate message. Impressive.
EA Coder has managed to build a business that offers 5 star products with 5 star service, knowledge, and customer care. Well, I guess it cannot get better than that.
What do you think of EA Coder? Let us know in the comment section if you had good experiences like the rest? Or were you perhaps disappointed in something but shy to tell Rimantas? Let us know by writing a comment!
Are There Any Disadvantages?
Not really!
What about prices? Prices are fair when considering the quality service and products.
What if we are forced to name one disadvantage?
Well, there are multiple websites and a long list of products. It might take some time to understand all of the products. Especially if you are new to the trading world.
The good thing is that you can always reach out to EA Coder and ask them for help. Just make sure to review the products beforehand. It is best to get an idea of what you need before making a final decision.
This is one of the reasons why we made this review and guide for you. It offers a quick overview and summary of the main services so you can choose with more wisdom.
If you are not sure, then feel free to write us an email (info (at) elitecurrensea.com) or drop a note in the comments!
Summary
Rimantas from EA Coder is an inspirational trader, programmer, and entrepreneur with a strong vision of helping traders. EA Coder and Elite CurrenSea have been longtime allies with a common goal: creating better tools and traders.
The MT4 Copier, Trader on Chart and Signal Magician are excellent products with first class service and customer care. If you are looking to share signals on your own PC (MT4 Copier) or around the globe (Signal Magician) or for a simple risk management tool (Trader on Chart), the look no further. EA coder has it all.
The trading community is giving Rimantas and EA coder excellent ratings for their products, service, and support. EA Coder is the place to be for online Forex tools.
