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.
| Feature | HorizonAI | Forex Robot Factory |
|---|---|---|
| MQL5/MT5 Generation | ||
| Pine Script Generation | ||
| AI-Powered Code Generation | ||
| Auto Strategy Generation | ||
| Built-in Knowledge Base | ||
| Free Forever Plan | ||
| Clean, Readable Code |
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.”
“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.”
“I started with Forex Robot Factory for MT5 but also wanted TradingView strategies. HorizonAI generates both from the same description.”
Describe 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.
Describe your strategy in plain English. Get clean MQL5 and Pine Script code. Start free today.
Free forever. MQL5 + Pine Script. No subscription.