Free Forex Advisors
Verified versions of robots for Forex and stock trading. All advisors are tested and fully functional. This allows you to evaluate their profitability and learn the purpose of the script's key settings.
Forex advisors allow for automated trading, allowing even novice investors to profit.
Dynamic Pro Scalper Advisor
The Dynamic Pro Scalper trading expert is based on a scalping strategy and trades in the evening. I'm sure many have noticed that
night scalping has become increasingly popular recently. This is because during this time, after the end of the American trading session, the market becomes calmer and more predictable.
This market situation is very convenient for this type of advisor, so every year new experts appear who exploit this pattern in Forex.
To get started, you need to install the Expert Advisor in your trading terminal. Download the archive containing the Expert Advisor at the end of this article and place it in the "expert" folder in your terminal's data directory. Then, restart the terminal and drag the Expert Advisor from the list onto the screen.
The Expert Advisor is designed to work on nine major currency pairs. The preferred currency pairs are EUR/USD and GBP/USD. The working time frame is a 15-minute chart. The Expert Advisor can work on other time frames, but it will require some reconfiguration.
Lucky Advisor 2.4
Lucky 2.4 uses a highly effective scalping strategy, making it a legitimate scalper.
The robot was created back in 2006 for trading currency pairs such as the EUR/USD and GBP/USD.
The working time frame is considered to be m5, but the advisor can also work on other time frames.
To use the Expert Advisor, you need to install it in your terminal. To do this, download the archive with the Expert Advisor from the end of this article. In the open terminal, use the File menu to access the data directory. Place the Expert Advisor in a folder named Expert.
After restarting the terminal, the Expert Advisor should appear in the list. Then, simply drag the Expert Advisor onto the currency pair chart with an M5 time frame and enable it to trade.
Scalping Advisor Aladdin 9.1
Aladdin is one of the oldest advisors, created almost simultaneously with
the Gepard expert advisor. New versions of the advisors are released every year, and I'd like to point out that each version is fundamentally different from the other. So, when you download any version of the expert advisor, you're dealing with a unique robot, not a simple modification.
Expert 9.1 proved to be the most controversial, as its creators were accused of plagiarism, with claims that it was a reworking of Integra. I never saw any clear evidence, so I decided to review it.
Before using the scalping expert advisor, you need to install it in the Meta Trader 4 terminal. First, download the advisor from the end of the article and place it in the Expert folder from the data directory. After restarting the terminal, the advisor will appear in the list of experts. To use it, simply drag it onto the screen and enable the "Enable Trading" option.
Better Advisor
Sooner or later, every trader who works with Forex advisors begins to wonder about the volatility and
instability of this activity. This is because the market is rapidly changing, and its players are becoming more sophisticated and inventive.
After all, we must understand that we only gain when someone else loses. This constant battle leads to such progress that no advisor can survive even a year.
The Better advisor was a response to this rapidly evolving market. The concept behind the advisor is that if the market isn't stagnant, why shouldn't a trading expert advisor evolve?
This approach led to the need to create an advisor capable of self-learning. The advisor's developers based it on a neural network, thus giving the expert the ability to self-learn.
Wall Street Advisor
The Wall Street Advisor was developed in 2011 by a team of experts with over 30 years of experience in financial markets. Its distinguishing feature is its high stability. It's rare to find an advisor whose monitoring has been consistent and growing for four years. The advisor's average monthly profit is approximately 1.5%.
The advisor can rightfully be called multi-currency, because it works on 5 currency pairs, namely euro/dollar, pound/dollar, New Zealander/dollar, dollar/yen, Australian/dollar.
The advisor uses scalping tactics, entering positions with the trend and exiting with a couple of pips of profit. The working time frame is M15.
Ilan 1.6 Dynamic
Ilan 1.6 Dynamic is probably the most popular trading expert advisor I've encountered on the Forex market in the last seven years.
This robot first appeared in 2007, winning a Forex Expert Advisor competition.
Since then, discussion of the advisor has continued unabated, and new modifications appear every year, more functional and profitable. I've already posted a couple of modifications of this expert advisor on the website.
For example, the SILENT ILAN, OBOS DIVERGENCE, and SWB advisors. All of these advisors, along with hundreds of paid and free ones you know, are simply modifications of the Ilan 1.6 Dynamic advisor.
Advisor to Unimillion
Recently, I decided to search for new developments on Forex forums and came across a discussion about the Unimillion expert advisor. The first thing that
surprised me was that the advisor dates back to 2012, yet its discussion thread is still at the top. I've encountered many advisors along the way, but they usually lasted no more than a year before disappearing. This advisor's long-standing popularity intrigued me, so I decided to conduct a detailed analysis.
Unimillion is a trend-following expert advisor that uses the standard Parabolic SAR trend indicator for position entry. It also turns out that the advisor uses martingale trading strategies.
This expert advisor takes a different approach to averaging, and instead of increasing losing orders, it provides for a position reversal by doubling the lot.
Advisor for small deposits - "Squid"
Many beginners, switching from manual to automated trading, often encounter the simple problem of a lack of funds. Of course, most brokers offer cent accounts , and you can try your hand at this with a small risk.
Unfortunately, sometimes things aren't so simple. Sometimes you need to change brokers, losing money on commissions, or the trading conditions on classic accounts are simply much more favorable than on cent accounts.
The "Squid" advisor for small deposits is a unique trend-following advisor that enters a position during large trend movements. The advisor calculates a period using a specific formula, and if the price exceeds it by a certain number of points at any point, it enters a position.
Fxmath DailyTrader Trend Advisor
I recently visited a traders' forum and noticed a trend: almost all Forex robots use averaging. New ILAN modifications are churned out every day, but it's so hard to find a truly profitable advisor that doesn't use averaging, locks, or grids, but simply employs sound money management and is also profitable.
Many traders face this challenge, but only a few find anything worthwhile among this pile of junk. This search led me to a website where I discovered the Fxmath DailyTrader advisor.
The Fxmath DailyTrader Trend Advisor uses a trend-following trading strategy and enters positions after pullbacks.
The advisor's strategy consists of the well-known RSI , CCI, and Momentum oscillators.
Silent Ilan
The advisor was first posted on a domestic forum by a fan of Ilan advisors. As you might have guessed from the name, this expert advisor is yet another modification of the well-known Ilan advisor.
A key difference between this advisor and its previous version is its indicator-based trading strategy, as well as numerous positive reviews. The product is non-commercial, so the author created it as is. Thanks to him for that.
The advisor itself, like its older counterpart, is a classic martingale, or as traders say, "typical monkeys." Of course, one can debate at length about the shortcomings of martingale and how it can lead to account loss, but many traders still use it and earn good money. For how long? That's another question.
Martingale Advisor - OBOS Divergence
OBOS Divergence is a profitable martingale with a unique news filter. I first encountered this advisor back in 2013 on the Forex Factori forum, where this modification was posted
the SWB advisor Back then, everyone avoided this expert advisor, but the skillful hands of a local trader managed to not only revive it but also make it more profitable.
For the advisor to function properly, you need to install two additional indicators: FFCal and Derivative Oscillator, which are included in the EA archive. To do this, place the indicators in a folder named "indicators" and the advisor itself in the "expert" folder.
Trio Dancer Advisor
Trio Dancer is one of the most well-known expert advisors, based on standard indicator readings. The advisor includes three different strategies, but testing revealed that two of them are very similar, with orders opening close to each other in the same direction. The third strategy is clearly counter-trend, as it almost always opens against the trend.
The strategies consist of two moving averages with periods of 9 and 5, Stochastic Oscillator, RSI, and CCI. As you can see, this is a fairly standard set of indicators familiar to almost any novice trader.
The expert advisor is multi-currency and can be configured to work with any currency pair. The author recommends working with the GBP/USD and EUR/USD pairs. The time frame is at the trader's discretion, but it's important to remember that the expert advisor is based on standard indicators, which produce many false signals on short time frames.
SWB Trade Expert
The SWB Expert Advisor is based on the Martingale principle. I first encountered this expert advisor on a well-known English-language forum called Forex Factorii. There, in his thread, the author shared his experience with it for the first time. Many traders were captivated by this masterpiece, which led to the creation of numerous modifications and versions of this expert advisor.
The Expert Advisor is designed to work on the MT4 trading platform and any currency pair. The preferred pairs are the major ones, namely EUR/USD and GBP/USD. The time frame can also be any; I personally tested it on M5.
The advisor opens positions based on three indicators. The first indicator is Bollinger Bands with a period of 20. If the price touches the upper boundary of the channel, a sell position is opened. If the price touches the lower boundary of the channel, a buy position is opened. The second indicator is the well-known stochastic oscillator .
