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How MT5 strategy monitoring works

From installation to your first drift alert in under 5 minutes. No code changes. No broker API needed. Works with any MT5 broker.

1

2 minutes

Install the Monitor EA on MetaTrader 5

Drop the lightweight Monitor EA onto any MT5 chart. It runs alongside your trading strategies without interfering — streaming trade events and heartbeats to Algo Studio in real time.

Trade event capture

Every open, close, and modification is captured. Works with any Expert Advisor — scalpers, grid EAs, trend followers.

Health heartbeats

Periodic heartbeats confirm your terminal is online. You get alerted if your VPS or terminal goes offline unexpectedly.

2

Automatic

Strategies are discovered automatically

As trades arrive, Algo Studio groups them by symbol and magic number. Each unique combination becomes a strategy instance with its own identity, health score, and lifecycle state. No manual configuration needed.

3

30 seconds

Upload your backtest as baseline

Import your MT5 Strategy Tester HTML report. Algo Studio extracts win rate, drawdown, profit factor, and more — creating the performance benchmark that live trading is measured against.

Instant health scoring

Your backtest gets a 0-100 health score across profit factor, drawdown, expected payoff, Sharpe ratio, and recovery factor.

Monte Carlo simulation

1,000 randomized simulations reveal the full risk profile hiding behind a single backtest — survival probability and realistic outcome ranges.

4

Continuous

Live performance vs. backtest comparison

After every closed trade, Algo Studio compares your live results against the baseline. Five key metrics are tracked in real time.

ReturnVolatilityDrawdownWin rateTrade frequency
5

Statistical

CUSUM drift detection catches degradation early

Unlike simple threshold alerts, CUSUM statistical monitoring accumulates small deviations over time — catching gradual degradation weeks before it shows on your equity curve. Fewer false alarms, earlier real warnings.

6

Real-time

Get alerted — or auto-halt degrading strategies

When drift is detected, you get a Telegram or browser push notification. For hands-off protection, enable auto-halt: Algo Studio pauses the strategy before losses compound. Every intervention is logged in a tamper-evident audit trail.

Lifecycle governance

RUN, PAUSE, or STOP — each strategy has a clear state. Recommendations are based on statistical evidence, not guesswork.

Verified track record

Every trade is recorded in a cryptographic hash chain. Share your verified performance with a public link — independently auditable.

Install
Discover
Baseline
Monitor
Detect
Act

The complete strategy monitoring lifecycle.

Start monitoring your MT5 strategies

Free forever plan. All features included. No credit card required.