InstantEA Review

In this post I will review the InstantEA trading software from the LeapFX team. LeapFX have a number of automated and manual trading systems along with trading tools available to purchase through their website, including Funnel Trader, Trade Explorer, AX Trader, DynaScalp, News Action Trader, Jet Trader Pro, Gold Trader, Arbitron, Econ Power Trader, Automic Trader, Auto Arb, Fund Trader, Easy Money X-Ray Robot, Skilled Trader, Pattern Trader Pro, Trend Hunter Robot, The Money Tree Robot, Wave Scalper EA, Dax Day Trader, King Robot and Quick Scalp Trader EA.

You can tell from the vast number of forex products that they have available they certainly have some experience. Here we will take a look at the InstantEA, covering the trading strategy that it uses, along with analysing any backtests provided and most important, verified real results. Hopefully this will help you to decide if this forex software is suitable for your own trading goals.

As someone who has programmed over many years and had to learn so much during this time, I understand how difficult it may be for some to create a forex robot from scratch, that is where the InstantEA can potentially come in handy. The InstantEA is a tool that can convert technical indicators into automated trading robots without the user needing any specific programming knowledge. If you have an idea for a trading strategy that you want to turn into a trading robot or just want to experiment with a various combination of indicators to create something unique based on testing a combination of settings, this could be the tool for you.

InstantEA Review - Trading Indicator Signals
InstantEA Review – Trading Indicator Signals

InstantEA Features

The core purpose of the InstantEA is to attempt to convert your MetaTrader 4 and MetaTrader 5 indicators into fully automated trading systems that can be back tested in the strategy tester, fully customised and used on your real or demo trading accounts. Where the InstantEA is really useful is for those traders who have an established trading system that incorporates a sole technical indicator.

InstantEA Review - Back Testing
InstantEA Review – Back Testing

If you only use one indicator and religiously take its signals without any additional analysis, then the InstantEA can possibly automate this process for you. Thus, you will not always need to sit and watch multiple charts for signals to appear. Instead of looking at signals on your chart just run InstantEA with your indicator and it will automatically trade, manage, and close your trades.

It can also be useful if you want to test out how a particular indicator would perform historically as you can automate the indicators entries and back test them over historical data. Of course, back testing also has its own limitations and cannot be considered an accurate gauge of future performance.

As touched upon previously, it is limited due to the fact you cannot combine multiple indicators and the human analysis is removed from the equation.

Why use the InstantEA?

There are many instances in which someone would want to make use of the InstantEA software. These include but are not limited to:

  • Automating a custom trading strategy
  • Backtesting a combination of indicators
  • Finding a good combination of settings
  • Developing bespoke trading robots for personal or commercial purposes

Let’s say you have been trading a reversal strategy that looks to enter above the 14-period simple moving average when the relative strength index 21-period value falls below 30. You could use the InstantEA to automate the process of finding this particular setup on all of the trading instruments and chart timeframes that you are running your custom trading robot on. When it finds the signal, it can either place a trade for you and manage it according to your input settings, or it could send you a signal alert for you to act accordingly. This is just one quick example of the many automated trading strategies that you could develop with the InstantEA software.

The main advantage of the InstantEA software is that it can save you so much time from needing to constantly be monitoring the charts for your trading signal to appear. You could develop a customised trading robot that can simultaneously track lots of chart windows for signals, something that would be very difficult to do manually. Another key advantage from my perspective is that you can test all of the ideas that you have for trading strategies with a huge combination of indicator and settings to discover new trading systems.

The main disadvantage of the InstantEA is that it is limited in terms of the indicators that you can use. You may find it difficult to import and create custom indicators so the trading robots that you to develop may feel slightly restricted. Although it has a very user-friendly interface, it still has a learning curve that will take some time and patience to understand. Another core problem is that if you manage to build a unique automated system that looks good in back testing over historical data, there is no guarantee that it will produce good results moving forward.

InstantEA Summary

The InstantEA could be a useful trading tools for those who have always wanted to create their very own automated forex trading system but have not had the knowledge or money to hire a programmer. It is relatively easy to use and the back-testing feature is very good to test different trading system ideas over historical data.

Despite that, there are some limitations such as the inability to combine multiple indicators for a more complete system. In my opinion, it cannot compare to learning how to code trading systems using MQL in the MetaTrader editor. There is also lots of other trading software that does something similar but better and with more features.

Overall, I think this could be a good trading tool for anyone who already has some trading experience and wants to take the next step into the word of automated trading. However, I don’t think it is suitable for beginners and it does require some time to learn how to use it. This is not a set and forget type trading system, it is a tool to help you build your own.

The Instant EA comes with free updates and support for lifetime along with setup instructions and a money back guarantee.










  • MT4 & MT5 compatible
  • Create automated trading systems
  • Back test technical indicators
  • Detailed Instructions
  • Full Support
  • Free Updates
  • Money Back Guarantee
  • Any financial instrument


  • Requires User Input
  • Steep Learning Curve
  • Limited Functionality
  • Better Alternatives
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