Best Free Forex Robots of 2024

Use the comparison tool below to compare the top Free Forex Robots on the market. You can filter results by user reviews, pricing, features, platform, region, support options, integrations, and more.

  • 1
    Position Sizer Reviews
    Position Sizer is an expert advisor for the trading panel that allows you to calculate the size of your trades according to your risk tolerance, your stop-loss and the trading instrument. The panel's keyboard shortcuts and interface allow you to execute trades. Position Sizer is available for MetaTrader 4 as well as MetaTrader 5. It offers multiple features such as risk calculation, margin calculation, swap calculation, and also a simple breakeven and trailing stop facility.
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    Auto Recovery EA Reviews
    MetaTrader hedging expert advisor can hedge an open trade, therefore: Avoid losses by placing a StopLoss order instead of a hedge order Profit BreakEven (or any amount) in close proximity to opposite orders Stop losing trades and track the winning trades on your chart RobotFX Auto Recovery is a Metatrader expert advisor designed to recover the loss of a losing trade by opening an opposite trade, or more, if it’s the case. If you are familiar with, this is one of the trade management part of the RobotFX Fluid EA, with less features (basically the HedgeZone). A very simple but effective way to hedge a losing trade so it will close in profit, at least at break-even. The automatic loss recovery algorithm used by this MT4 recovery zone EA is far better than using a stoploss and incomparable to a martingale trading strategy. This MT4 EA has been inspired by Joseph Nemeth's "zone recovery" trading strategy.
  • 3
    EA Builder Reviews

    EA Builder

    EA Builder

    $97 one-time payment
    EA Builder's best feature is its simplicity. You can transform your trading idea into an automated system in minutes without having to hire a programmer or know anything about programming. Even programmers can see the benefits of creating indicators or strategies in just a few clicks. MetaTrader 4, MetaTrader 5, and TradeStation are the most popular trading platforms. You can create strategies that trade any financial instrument. In just minutes, you can start creating your first strategy or indicator! There are no manuals to read. It's a web-based app so there is nothing to install. The creation process is simple and each feature comes with a popup-tip. This guide will help you navigate the features with a brief explanation. You can get notified by email, Audible, and print to output windows that trades have been executed, or new indicator arrows are available.
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    EA Pros Reviews
    Our service is designed to help you develop your Forex Robot and offer a free Forex Robot. You can check EA Pros results using tester MT4. Get our Forex Robot free of charge! Forex Robots are free software programs that generate trading signals. These robots are usually built using the MQL scripting language. This allows traders to place orders and manage trades. Free Forex Robot software comes with an algorithm. People trading are often heavily influenced by emotions and make decisions based on their intuitions. The Free Forex Robot is a better alternative to manual trading. It makes decisions based upon data, trends and statistics. You can open a standard account by following our link to one of our partners. EA Pros version X5 are TF M5, Best Pairs Eur/Usd, Gbp/Usd, Usd/Cad, Usd/Chf, Eur/Gbp, Eur/Cad.
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    FX Synergy Reviews

    FX Synergy

    FX Synergy

    $37 per month
    FX Synergy for MT4 is the best trade management software. Professional traders who wanted a better way of managing their trades on the MetaTrader platform. FX Synergy offers all the functionality you need to execute and manage your trades without the usual hassles. FX Synergy has many powerful and unique features and is designed to be easy to use. FX Synergy truly is one-of-a kind. There is no need to mess with different broker panels or lose time. FX Synergy should be used by serious Forex traders. It is very user-friendly and took me less than 10 minutes to get used to. FX Synergy is a great product that I would recommend to anyone. FX Synergy is a game changer for me. It allows me to manage my trades in a way I never could before. It allows me to make decisions in a matter of seconds. FX Synergy makes life easier and I don't want to leave it.
  • 6
    V-Power Day Trading System Reviews
    The V-Power system can be used for both day trading and long-term trading. The V-Power system has an additional benefit: you can trade this concept even if you have a job or are limited in time. You can make this possible thanks to the V-Power system's automation capabilities. The V-Power System will allow you to enter the next 3-day-cycle very early and with a high probability of success. The sideward accumulation phase is where the smart money actively accumulates its long position. The price cannot drop any longer. All short orders from the herd are absorbed by the smart money. This is covered by the smart money. The V-Power day trading system can be greatly improved if you choose only setups that are in the direction of the larger picture.
  • 7
    Signal2Forex Reviews

    Signal2Forex

    Signal2Forex

    $219
    It uses a currency pairs correlation strategy to reduce risks when trading multi-currency. Fully automated EA trades on 14 currencies pairs with 28 robots and 28 charts. Small lots are used to reduce risk. Standard account minimum deposit is $800, micro account minimum deposit is 800cs ($8) if you use all 14 pairs. Trades will only be allowed with $0.01 lots or such a deposit. Standard accounts allow you to make smaller deposits, but the quantity of robots you can use must be reduced according to deposit (see the table). Depending on market activity, you could make up to 30% per month. Maximum floating DD not more than 25%
  • 8
    News EA Reviews

    News EA

    RobotFX

    $49
    This Metatrader News expert advisor can trade forex news using an one-cancels–others (OCO), approach and track the price of winning trades. News (oco), main functions Places a specified number of opposite pending order below (short) or above (long), the price, just prior to the news release. You can delete the orders opposite as soon as the price reaches a pending order (oco is one cancels other). Places stop-loss, take-profit, trail, break-even etc. The News expert advisor is designed to trade news events using an OCO approach. OCO stands for one cancels another and refers to an EA's ability close a pending or more orders once the price triggers a opposite pending order. This is an important feature of news trading. Traders who trade news often place two pending orders just before an important news event. This is the most profitable and well-known way to trade forex news: a buy-stop or a sell-stop.
  • 9
    Heiken Ashi EA Reviews
    Metatrader Heiken Ashi expert advisor allows you to trade with the trend and enter/exit trades using the Heiken Ashi indicator. You can also track the price of winning trades by percentage, ATR, MA. PSAR, Heiken Ashi. Heiken Ashi main functions You can detect the trend using the RobotFX Heiken Ashi indicator for multi-timeframes (trend detector can also be disabled). Follow the Heiken Ashi trading strategy. Open/Close trades are based on the Heiken Ashi color change. You can track the winning trades using a variety of methods such as the Heiken Aki candles, moving average indicator and PSAR, ATR, and fractals indicators. Manage trades by placing StopLoss and TakeProfit, TrailingStop, BreakEven, TrailingStop, TrailingStop, BreakEven, etc. This RobotFX Heiken Ashi strategy allows traders to trade with the trend.
  • 10
    Renko EA Reviews

    Renko EA

    RobotFX

    $98
    Renko Expert Advisors are a set of two Metatrader advisors that (Renko Chart EA), build renko charts, and (Renko Trader EA), trade on these renko bricks charts. Renko EA's main functions You can create offline Renko charts using custom (M) names such as M2,M3, M4 (but NOT the default M1,M5, M15, or M30). These Renko charts should be kept updated so that traders can trade manually or attach expert advisors that trade automatically. Trade with the (PSAR), open/close trades based upon Renko brick color. The Renko Charts EA, a MetaTrader expert advisor, allows you to create and use Renko bars charts in Metatrader. You probably know by now that the MT4 does not have Renko bars. Instead, it uses candlesticks, lines, and bar charts. The Renko Trader EA, a Metatrader expert adviser that can trade Renko bricks, is called the Renko Trader EA. This EA can be used to detect trends and can be instructed either to buy in an uptrend or to sell in an downtrend.
  • 11
    Golduxe EA Reviews
    The Gold Standard of Trading Systems The Leading Gold Trading Expert Advisor is the best way to embrace the future of trading. Razor Sharp Algorithms can take your trading to a whole new level.
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