The OndaFX forex robot trades on a simple Bollinger bands breakout concept. A buy trade occurs when the price trades outside of the lower BB, similarly, a sell trade occurs when the price trades outside of the upper BB. Buy and sell trades will be closed at the middle Bollinger band. This EA takes market […]Continue reading
The JJN forex scalper robot is based on the original JJN scalping indicator. It works well with the default settings. It’s recommended to test this scalper on the 1 hour charts for the EUR/USD and GBP/USD currency pair. The EA uses ATR to calculate the stop-loss and take profit level. Strategy Tester Report Trading Preferences […]Continue reading
Here’s a free popular trend following forex trading robot that uses a fast moving average (MA21), slow moving average (MA89), RSI (14) and ADX (14) to trade the fx market automatically. The bot also uses some filters to trade or not to trade, for example, ADX must be greater than 27 to trade and the […]Continue reading
This is a real multiple strategy forex trading robot with a lot of features and useful functions. You can trade automatically with the following strategies: moving average cross-over strategy, MACD breakout strategy, Heiken Ashi strategy and Heiken + MACD strategy. You can fully modify the stop-loss, take profit and trailing stop levels. It’s a great […]Continue reading
This forex robot closes all your open trades at a predefined profit target or loss. You can use the EA inputs tab to set your preferred target levels for both take profit and stop-loss. The EA also shows the current profit of the open positions, the total number of open trades and the total lot […]Continue reading
This trading robot uses two 144 period EMA’s to initiate buy and sell trades. A trailing stop is used to lock in profits or reduce the trading risk for the open market position. As always, feel free to experiment with the EA input values until you find the optimal settings (take profit, trailing stop,…) that […]Continue reading
This EMA forex robot places long and short trades based upon the slope of an 11 period exponential moving average. The robot will go long when the slope is going up and short when the slope is going down. You can modify the EMA period, the slope, take profit and stop-loss level. Feel free to […]Continue reading
The free ADX forex robot trades upon the crossover of ADX+ and ADX-. It’s a trend following forex robot. The ADX trend strength itself is a filter to avoid trading extremely tight market ranges. Trading Signals Buy order: The ADX bot places a buy trade when ADX+ crosses above ADX- from below and the ADX […]Continue reading
The extreme CCI forex robot is based on two 85 period moving averages and extreme Commodity Channel Index (CCI) levels. The EA buys when the CCI reaches the -200 level + trend = up and sells at the 200 CCI level + trend = down. So, it follows the trend and opens a trade at […]Continue reading
The free RSI robot will open a buy order when the RSI (Relative Strength Index) reaches oversold levels (standard 30) and sells when the RSI reaches overbought levels (standard 70). You can modify both buy and sell levels. For example 20 and 80. The EA closes the buy order when a sell order becomes valid, […]Continue reading
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