Software Alternatives & Startups

ShellNewHandler VS Twelora

Compare ShellNewHandler VS Twelora and see what are their differences

ShellNewHandler

SourceForge.net: ShellNewHandler details page

Rating
0 reviews
Twelora

A no-code MQL5 generator for MetaTrader 5: describe your strategy — entries, exits, filters, risk — and get the Expert Advisor as readable MQL5 source code. One-time payment, and the generated code is yours to publish or resell.

Rating
0 reviews
Pricing
Paid €79.99 / One-off (Lifetime licence · EUR 15 launch price until 30 Nov 2026)
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Based on our record, ShellNewHandler seems to be more popular. It has been mentioned 2 times since March 2021.

social mentions
2 vs 0
File Sharing popularity
100% vs 0%

Base details

Website, pricing, platforms and company facts side by side.

ShellNewHandler
Twelora
Website sourceforge.net twelora.com
Pricing —
Paid €79.99 / One-off (Lifetime licence · EUR 15 launch price until 30 Nov 2026) Official pricing
Platforms —
Windows Web Linux Mac +1
Listed in

About ShellNewHandler and Twelora

In their own words, as submitted to SaaSHub.

ShellNewHandler
Twelora

No description of ShellNewHandler yet.

Twelora is a no-code generator for MetaTrader 5. You describe the strategy — entries, exits, filters, risk — and Twelora writes the MQL5 source code for the Expert Advisor or indicator. No programming required. It builds Expert Advisors and custom indicators from 75 indicators across 5 families,...

Read more about Twelora

Features and specs

What each product offers, as listed by its team.

ShellNewHandler 0 features
Twelora 9 features

No features have been listed yet.

  • Code generation
    Writes MQL5 source code for Expert Advisors and custom indicators
  • Indicators
    75 across 5 families
  • Risk management
    Trailing stops, multi-stage pyramiding
  • Presets
    Save and export configurations as files
  • Code ownership
    Generated code belongs to the user, no revenue share, no attribution
  • Deployment
    Browser-based, plus a single offline HTML file
  • Interface languages
    15
  • Pattern visualisation
  • Licence
    One key for both, up to 5 instances

Analysis

An editorial look at what each product does well and who it suits.

ShellNewHandler
Twelora

Overall verdict

  • ShellNewHandler is a niche, lightweight utility hosted on SourceForge designed to give users more control over the Windows 'New' context menu (the ShellNew menu). It can be considered good for its specific narrow use case, but it is an older, minimally maintained tool that may not suit all users, especially those on modern Windows versions.

Why this product is good

  • Provides direct control over customizing the Windows right-click 'New' menu, allowing users to add or remove file type entries
  • Lightweight and free, without bundled bloatware typical of some other free utilities
  • Simple and focused in scope, making it easy to understand for its specific purpose
  • Open distribution via SourceForge allows transparency and no-cost access

Recommended for

  • Power users who want to declutter or customize the Windows New context menu
  • IT administrators managing standardized desktop environments across multiple machines
  • Users comfortable with older utility-style tools and Windows registry-related tweaks
  • Not recommended for casual users seeking modern, actively supported software with regular updates

No analysis of Twelora yet.

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
ShellNewHandler
Twelora
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

Questions & Answers

As answered by people managing ShellNewHandler and Twelora.

Why should a person choose your product over its competitors?

Twelora's answer:

Three things decide it: you own the generated code outright, there is no subscription, and the downloaded file keeps working without an internet connection — it runs offline for seven days at a time between licence checks.

If those matter to you, Twelora fits. If you want a hosted platform that also executes your trades, it does not — Twelora generates code and stops there.

What makes your product unique?

Twelora's answer:

Twelora writes the actual MQL5 source code, not a configuration file and not a locked binary. Every Expert Advisor it generates is readable .mq5 that compiles in MetaEditor, and it belongs to the person who generated it — to use, publish or resell, with no revenue share and no attribution required.

Because the output is a plain .mq5 file, a strategy goes into the MetaTrader 5 Strategy Tester directly, and trying a variation is a setting change away.

It is a one-time purchase, and it runs both in the browser and as a single HTML file you keep on your own machine.

How would you describe the primary audience of your product?

Twelora's answer:

Retail traders who use MetaTrader 5 and have a defined strategy but do not write MQL5 themselves. Having a single Expert Advisor built to order typically costs three figures and takes one to two weeks, and every further variation costs again — Twelora removes that step.

It also fits developers who want a working skeleton to edit by hand instead of starting from an empty file.

What's the story behind your product?

Twelora's answer:

Twelora is built by one person. I have worked with MQL5 and MetaTrader for years, and the same thing kept coming up: people have a clear idea of how they want to trade, and the only thing between them and testing it is that they cannot write the code.

That is the part Twelora removes. Once the .mq5 file exists it goes straight into the MetaTrader 5 Strategy Tester, so an idea can be tested without waiting for someone else to build it first — and trying a variation means changing a setting and generating again, rather than commissioning another job.

It is still a one-person product — every line of it, and every support email, comes from me.

Which are the primary technologies used for building your product?

Twelora's answer:

Plain HTML, CSS and JavaScript, no framework. The generator runs entirely in the browser, which is why the same file works online and offline. The output is MQL5 for MetaTrader 5.

User comments

Share your experience with using ShellNewHandler and Twelora. For example, how are they different and which one is better?

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Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

ShellNewHandler 2 mentions
Twelora 0 mentions
  • I recently got libreoffice, but now the new option in right click looks like a mess. Can someone help me get rid of them please?
    Use Shell New Handler. Run the portable app and simply untick the items you don't want to appear in your new context menu. Source: about 4 years ago
  • This menu should be easy to add/remove programs to... Who is really creating Access Databases from this menu often enough to keep it here? (Not me!) Is there an easy way to edit this?
    I've always used ShellNewHandler for this. It's a really simple portable utility that allows you to remove most of the items from that menu. Tested it out on Windows 11 and it's still compatible. Source: over 5 years ago

Tracking Twelora since Oct 2026.