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 created based on a scalping strategy and trades in the evening.
I think many people have noticed that lately night scalpers have become very popular. This is due to the fact that during this period of time, after the end of the American trading session, the market becomes calmer and more predictable.
This market state is very convenient for advisors of this kind, so every year new experts appear who use this pattern in Forex.
To start working, the advisor must be installed in the trading terminal. Download the archive with the advisor inside at the end of the article and place it in the expert folder through the data directory in your terminal. Next, you should restart the terminal and drag the advisor from the list onto the screen.
The advisor is designed to work on nine major currency pairs. It is preferable to work with currency pairs such as euro/dollar, pound/dollar. The working time frame is a fifteen-minute chart. The Expert Advisor can work on other time frames, but you will have to reconfigure it.
Advisor Lucky 2.4
The Lucky 2.4 advisor uses a highly effective scalping strategy, so the advisor can rightfully be considered a scalper.
The robot was created back in 2006 to trade on currency pairs such as euro/dollar, pound/dollar.
The working time frame is considered to be M5, but the advisor can work on other time frames.
To work with the advisor, you need to install it in your terminal. To do this, download the archive with the advisor at the end of the article. In an open terminal, use the file menu to enter the data directory. Place the advisor in a folder called expert.
After restarting the terminal, the advisor should appear in the list. Next, just drag the advisor onto the chart of the currency pair with the M5 time frame and allow 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 advisors on the Forex market begins to think about the impermanence and
instability of this type of activity. This is due to the fact that the market is rapidly changing, and the players who participate in it are becoming more cunning and inventive.
After all, we must understand that we earn when someone else loses. Such a constant battle leads to such progress that not one adviser can survive even a year.
Better Advisor was the answer to such a fast-growing market. The concept of the advisor is that if the market does not stand still, then why should the trading expert not develop?
This formulation of questions led to the fact that the advisor needs to be created in such a way that it can learn on its own. The developers of the advisor created it based on a neural network, thus giving the expert the opportunity to self-learn.
Wall Street Advisor
The Wall Street Advisor was developed in 2011 by a team of specialists who have been working with financial markets for over 30 years. A distinctive feature is the advisor's high stability. It is very difficult to find an advisor whose monitoring has been living and growing for four years. The average monthly profit of the advisor 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 Zealand/dollar, dollar/yen, Australian/dollar.
The advisor uses scalping tactics, entering a position following the trend and exiting with a couple of points of profit. The working time frame is considered to be 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 went to a traders forum and noticed a trend that almost all Forex robots use averaging. Every day new modifications of Ilans are being produced, but it is so difficult to find a truly profitable advisor that does not use averaging, all sorts of locks, grids, but simply uses competent money management and is also profitable.
Many traders face this task, but only a small number find something worthwhile among this pile of rubbish. This search led me to one site, where I met the Fxmath DailyTrader advisor.
The Fxmath DailyTrader Trend Advisor uses a trend trading strategy and enters a position after pullbacks.
The advisor's strategy consists of the well-known oscillator RSI , CCI, Momentum.
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 advisor is based on the martingale principle. I first met this expert on such a well-known English-language forum as Forex Factories. There, in his thread, the author first shared his experience of working with him. Many traders were then hooked by this masterpiece, which led to the creation of many modifications and versions of this expert.
The Expert Advisor is designed to work on the MT4 trading platform on any currency pair. The preferred pairs are the main ones, namely eur/usd and gbp/usd. The time frame can also be any, I personally conducted tests on M5.
The advisor opens its positions based on the readings of three indicators. The first indicator is Bolinger bands with a period of 20. If the price touches the upper border of the channel, a sell position is opened. If the price touches the lower border of the channel, a buy position is opened. The second indicator is the well-known stochastic .