Free Forex Advisors
Proven versions of robots for trading on Forex or the stock exchange, all advisors are tested and are fully functional. Thanks to this, you can evaluate the profitability of the work, as well as find out the purpose of the main script settings.
Forex advisors allow you to trade automatically, which makes it possible for even a novice investor to make money.
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.
Advisor Lucky 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
Advisor Aladdin is one of the oldest representatives of advisors, who was created almost simultaneously with such an expert as
Cheetah. Every year new versions of advisors are released, and I would like to note that all versions are radically different from each other. So, having downloaded any version of the expert, you are faced with a unique robot, and not with a regular modification.
Version 9.1 of the Expert Advisor turned out to be the most scandalous, as the creators were accused of plagiarism, claiming that the Expert Advisor was a remake of Integra. I never saw any clear evidence, so I decided to do an expert review.
Before working, the scalping advisor should be installed in the Meta Trader 4 terminal. To begin, download the advisor at the end of the article and place it through the data directory in a folder called expert. After restarting the terminal, the advisor will appear in the list of experts and to work, just drag it onto the screen and enable the command allow trading.
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 points of profit. The working time frame is M15.
Ilan 1.6 Dynamic
Ilan 1.6 Dynamic is probably the most popular trading expert that I have seen on the Forex market over the past seven years.
This robot first appeared in 2007, winning the Forex advisor competition.
Since then, the discussion of the advisor has not subsided, and every year new modifications appear, more functional and profitable. I have already posted a couple of modifications of this expert on the site.
For example, advisors SILENT ILAN, OBOS DIVERGENCE, SWB. All these advisors and hundreds of paid and free advisors that you know are simply modifications of the Ilan 1.6 Dynamic advisor.
unimillion advisor
Recently, the other day I decided to look for new products on the Forex forums and came across a discussion by the unimillion expert.
The first thing that surprised me was that the advisor comes from back in 2012, and its thread with discussions is still in the top. I met a lot of advisors along the way, but, as a rule, they lived no more than a year and became a thing of the past. Such long-term popularity of the adviser interested me, so I decided to conduct a detailed analysis of it.
Unimillion is a trend advisor that uses the indicators of the standard Parabolic SAR trend indicator to enter a position. It also turned out that the advisor uses martingale tactics.
In this Expert Advisor, averaging is approached from the other side and instead of increasing unprofitable orders, the Expert Advisor provides for reversing the position with doubling the lot.
Advisor for small deposits - "Squid"
Many beginners, switching from manual to automatic trading, are often faced with such a banal problem as simply a lack of funds. Of course, we can say that most brokers have cent accounts and with little risk you can try yourself in this field.
Unfortunately, sometimes not everything is so simple, sometimes you need to change broker, losing money on commissions, or simply trading conditions on classic accounts are much more favorable than on cent accounts.
Advisor for small deposits "Squid" is a unique trend advisor that enters on large trend movements. The advisor calculates the period using a certain formula and if the price exceeds it at some point by a certain number of points, then the advisor enters a position.
Trend Advisor Fxmath DailyTrader
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
For the first time, the advisor was posted on a domestic forum by one of the fans of Ilan advisors. As you probably guessed from the name, this expert is another modification of the well-known advisor Ilan.
An important difference between this advisor and its previous version is the entry using an indicator trading strategy, as well as many positive reviews. The product is not commercial, so the author created it the way it is. Thanks to him for that too.
The advisor itself, like its older counterpart, is a classic martingale or, as traders say: “Typical monkeys.” Of course, one can argue for a long time about the disadvantages of martingale, about how it can lead to the loss of an account, but still many people work with it and make good money. How long? That's another question.
Martingale Advisor - OBOS Divergence
OBOS Divergence is a profitable martingale with a unique news filter. I met the advisor back in 2013 on the Forex Factory forum, where this modification was posted in the thread on the SWB advisor about which I wrote earlier.
Back then, everyone avoided this expert, but the skillful hands of a domestic trader were able to not only revive it, but also make it more profitable.
For the EA to work properly, you need to install two more indicators: FFCal and Derivative Oscillator, which are in the archive with the EA itself. To do this, place the indicators in a folder called indicators, and the advisor itself in the expert folder.
Trio Dancer Advisor
Trio Dancer is one of the most famous advisors, which was created based on the readings of standard indicators. The advisor contains three different strategies, but during tests it turned out that two of them are very similar and orders are opened at a short distance from each other in the same direction. The third strategy is clearly counter-trend, since it almost always opens against the trend.
The strategies consist of two moving averages with a period of 9 and 5, Stochastic, RSI, CCI. As you can see, there is a fairly standard set of indicators that almost any novice trader is familiar with.
The Expert Advisor is multi-currency and can be configured to work on any currency pair. The author of the advisor recommends working on the pound/dollar and euro/dollar pairs. The time frame is at the discretion of the trader, but do not forget that the advisor is based on standard indicators, which give many false signals on small time frames.
SWB trading 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 .
