What's included
- Latest versionThe current build from the MQL5 Market
- Installed for youSet up in your MT5, usually within hours
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesAvailable instantly inside MT5, free
- Email supportHelp with setup and technical issues
What our customers say
Selected Trustpilot feedback about CheaperForex support, setup and service.
DAX Robot EA MT5
The matching MT4 version is available separately. MQL Tools’ wider catalogue on CheaperForex includes the customer-rated Scalping Robot Pro MT5 and several other established products.
- ✅ DAX H1 specialist for MT5 — runs on the modern MetaTrader 5 platform with the developer’s official setup guide included
- ✅ Three Trade Risk Levels — Low, Medium, and High configurable position-sizing modes documented in the included setup guide
- ✅ From an MQL Tools developer with positive CF reviews on sister products — including Scalping Robot Pro MT5
The MT5 release of DAX Robot with the developer’s official setup guide. Read our editorial review first.
Original price was: $1,499.00.$799.95Current price is: $799.95.
- Current developer build from the MQL5 Market. Every future update lands inside your MT5 the moment the developer releases it, at no extra cost.
- We install it into your MT5 for you, usually within hours of purchase. See how it works
- Change your mind? Full refund within 7 days, as long as the EA has not been activated.
What's included
- Latest versionThe current build from the MQL5 Market
- Installed for youSet up in your MT5, usually within hours
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesAvailable instantly inside MT5, free
- Email supportHelp with setup and technical issues
Quick Summary:
DAX Robot EA for MT5 is the MetaTrader 5 release of MQL Tools‘ Germany 40 (DE40) index trading system, operating on the H1 timeframe with three configurable Trade Risk Levels (Low, Medium, High). The MT5 buyer package includes the developer’s official setup guide — useful reference material for configuring the EA on different brokers and choosing the right risk level for your account. MQL Tools is the developer behind several established CheaperForex products with positive customer reviews, including Scalping Robot Pro MT5, providing developer-level trust context while DAX Robot accumulates its own review base. The MT4 version is available separately for traders on that platform.
Official MQL5 Listing:
DAX Robot EA — MQL5 Marketplace
Matching MT4 Version:
DAX Robot EA MT4 — same strategy compiled for MetaTrader 4
Full Editorial Review:
Read our DAX Robot EA editorial review
The MT5 Release Includes the Setup Guide
One specific advantage worth noting on the MT5 version: the package includes the developer’s official setup guide. The guide covers broker selection (DAX is listed variously as DE40, DAX40, GER40, or GERMANY40 across different brokers — the guide documents which name to look for on the major ones), recommended parameter starting points for each Trade Risk Level (Low, Medium, High), and operational best practices for running the EA on a VPS. For first-time buyers configuring an index EA on their preferred broker, that reference material removes some of the trial-and-error that usually accompanies new EA deployments.
Why DAX Robot EA on MT5
- Modern MetaTrader 5 platform — built natively for MT5’s execution model, more robust connection management than MT4, and better Strategy Tester capabilities for buyers who want to validate the system on their own data
- Includes the developer’s official setup guide — broker configuration documentation, recommended parameter ranges for each Trade Risk Level, and VPS deployment best practices
- DAX H1 specialist — designed exclusively for Germany 40 (DE40) trading rather than a generic multi-symbol EA repurposed for indices
- Three Trade Risk Levels — Low / Medium / High configurable position-sizing modes, with the included setup guide documenting the developer’s recommended ranges for each
- Visible on-chart panel — live spread, current session, volatility level, market status, daily pips and profit, and an integrated news event readout
- From an established MQL Tools developer — sister products Scalping Robot Pro MT5, AI Forex Robot, Big Forex Players and others carry positive CheaperForex customer review histories
The On-Chart Operational Panel
The panel surfaces operational context every index trader benefits from seeing in real time: daily pips and profit, current spread (which matters significantly for DAX where broker pricing varies materially), volatility classification (NORMAL/HIGH), the active trading session (the screenshot shows New York), news event status, and the current Trade Risk Level setting (visible as HIGH in this configuration — adjustable via the EA inputs).
On the MT5 platform specifically, this panel design integrates with MT5’s chart rendering more cleanly than the equivalent on MT4. The included setup guide explains how to adjust the panel positioning and the underlying parameters to suit your trading style.
EA Setup at a Glance (MT5)
- Platform: MetaTrader 5
- Instrument: DAX index (DE40, DAX40, GER40, or GERMANY40 — see the included setup guide for broker-specific symbol names)
- Timeframe: H1
- Account type: ECN or Raw Spread MT5 account with the DAX index available
- Leverage: Index leverage (typically 1:20 to 1:50, jurisdiction-dependent)
- Trade Risk Level: Setup guide recommends Low as the starting setting for evaluation, stepping up only after live behaviour on your own broker is validated
- VPS: Strongly recommended — European datacenter preferred given DAX’s primary trading hours
The MQL Tools Catalogue on CheaperForex
DAX Robot is MQL Tools’ DAX-index specialist. Their broader CheaperForex catalogue includes:
- Scalping Robot Pro MT5 and Scalping Robot Pro MT4 — forex scalping with positive customer reviews
- Scalping Robot EA MT4
- AI Forex Robot MT4 with editorial review
- Big Forex Players with editorial guide
- Forex Trading Bot AI MT4
- FX EURUSD Robot MT4
For buyers new to MQL Tools, reading the review history on the established sister products is the practical way to evaluate the developer’s general competence and the quality of their customer support before committing to the newer DAX-focused release.
What You Receive
- DAX Robot EA for MT5 — Latest Version
- The developer’s official setup guide (broker configuration, parameter ranges, VPS best practices)
- All future product updates via the marketplace
Risk Disclaimer
DAX is a major European equity index with significant intraday volatility, particularly around the European market open and US session overlap. Index spreads vary materially by broker and the strategy’s edge will be sensitive to execution quality. DAX Robot is a relatively new release without a long public live signal track record at the time of writing — the trust signal here comes from MQL Tools’ established CheaperForex catalogue performance on sister products, not from this specific product’s evidence base, which will mature over the coming months. The included setup guide is helpful reference material but cannot substitute for testing on your own broker first. Use the Low Trade Risk Level setting for evaluation, validate live behaviour for at least a few weeks before scaling, and never deploy capital you cannot afford to lose. Past performance — backtest or live — does not guarantee future results.
Full Editorial Review
📖 Read our complete DAX Robot EA editorial review →
The editorial review covers the developer-trust-based positive case, the operational architecture, the honest early-product caveats around limited live evidence, comparison with MQL Tools’ sister products, and our verdict.
FAQs
What is DAX Robot EA for MT5?
The MetaTrader 5 release of MQL Tools’ DAX index specialist Expert Advisor. It trades the Germany 40 (DE40) index on the H1 timeframe with an on-chart operational panel and three configurable Trade Risk Levels (Low, Medium, High). The MT5 version ships with the developer’s official setup guide covering broker configuration and the recommended parameter ranges.
What’s in the setup guide that comes with the MT5 version?
The developer’s official setup guide covers broker selection (which DAX symbol naming conventions to look for — DE40, DAX40, GER40, GERMANY40), recommended parameter starting points for each Trade Risk Level, and the operational best practices for running the EA on a VPS. Useful reference material for first-time buyers configuring the EA on their preferred broker.
Should I buy the MT4 or MT5 version?
Buy the version that matches the platform you actually trade on. If your broker only supports MT4 (or you prefer MT4 for habit and broker compatibility), the MT4 version is the natural choice. If you’re already on MT5 or your broker supports both, this MT5 release is the modern-platform option — and the setup guide bundled here is a useful addition for first-time buyers.
Which DAX broker symbol should I look for?
DAX is listed variously by different brokers — DE40, DAX40, GER40, GERMANY40 are all common variants of the same instrument. The included setup guide documents the symbol-naming conventions across major brokers. Most tier-one brokers (IC Markets, Vantage, FP Markets, Pepperstone, ICTrading) offer it; verify your broker’s exact symbol name and configure the EA accordingly.
How do the three Trade Risk Levels behave differently?
The Trade Risk Level setting (Low / Medium / High) adjusts position sizing relative to your account equity. Low is the appropriate starting setting — once live behaviour is validated on your own broker over at least a few weeks, you can consider stepping up. The setup guide provides the developer’s recommended parameter ranges for each level.
How does it relate to MQL Tools’ other CF products?
MQL Tools publishes several products on CheaperForex, with their forex-focused releases including the customer-rated Scalping Robot Pro MT5, Scalping Robot Pro MT4, AI Forex Robot, and Big Forex Players. DAX Robot is their dedicated index specialist — different instrument focus from the forex products, but built by the same team using comparable development practices.
Do I need a VPS for the MT5 version?
Strongly recommended, particularly for the DAX which trades through European market hours into the US session overlap. A stable 24/5 low-latency VPS near your broker’s server is the right setup, and a VPS in a European datacenter is typically preferable for DAX-specialist EAs. MT5’s connection management is generally more robust than MT4’s, but a VPS is still the right call for automated trading.
Why is the MT5 version cheaper at CheaperForex?
The product is identical — same EA, same future updates from the developer through the marketplace, same setup guide. You pay significantly less. For a newer product where reviews are still accumulating, paying less to test it on demo and validate before scaling is the practical approach. Our editorial review covers the architectural strengths and the honest early-product caveats.
How buying from us works
Genuine build, installed for you, refund if you change your mind
CheaperForex buys the current build from the developer's live MQL5 Market listing and installs it on your machine through a CheaperForex-managed MQL5 account. That is why the price is lower than buying direct: you get one managed installation on one Windows PC or VPS, rather than a purchase recorded in your own MQL5 account.
- 1Order and pay
Card, Apple Pay, Google Pay or crypto, with 20% off for crypto at checkout.
- 2We arrange the installation
We connect to your Windows PC or VPS at a time that suits you and set the EA up inside MT5, usually within hours of purchase.
- 3Activate on one machine
The EA runs on that PC or VPS, in up to 10 MT5 terminals, with no subscription. The managed MQL5 account stays signed in there.
- 4Every update, instantly
Each new version the developer publishes appears inside your MT5 straight away, at no extra cost. Setup help is available by email and Telegram whenever you need it.
Not happy, or decided you would rather not have us connect to your machine? Ask within 7 days of purchase and, as long as the EA has not been activated, you get a full refund. Once activated, the license is assigned to that machine and cannot be refunded.
The purchase is not added to your personal MQL5 account and does not appear in your MQL5 purchase history. The managed account stays signed in on the activated machine, so moving or reinstalling the EA is done with our help, which is included.
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Frequently Asked Questions
Yes! All products listed on our site are in stock and ready for immediate activation.
No waiting periods, no group buys. Purchase today, get it activated today.
Yes — this is a lifetime license. Once activated, it's yours permanently with no expiry, no renewals and no ongoing fees.
Each purchase covers a single computer activation. On that machine you can run it across multiple MT5 terminals and use it with as many broker accounts as you like. If you need it on a second computer, you'd need a second license.
Most customers install on a VPS they'll run for years and never need to think about it again. It's the trade-off for getting the same official product at a fraction of the MQL5 price.
You receive the official MQL5 license activated directly in your MT5 terminal, lifetime updates from the developer delivered automatically, and fast support from our team via Telegram and email.
If the developer provides any official user guides, presets or set files, we'll get them from the developer and send them straight to you. If the EA has an official community group, we'll do our best to get you access to that too.
