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Best ea for mt4

Simple one click trade panel, typically useful for scalpers and day traders.

Close all trades after reaching defined profit or loss

The program-simulator for sharpening strategy, run of indicators and trainings of trading skills in general.

AutoTStop EA does not work to open the orders, but only helps trader to use Trailing Stop.

Grid is a money maker in weak market, while a disaster in trending market. Maybe you can consider close all positions at some time, and run it totally again at another time, just like a fisher. This is AIGrid System With Manual Control.

Example of using optimization reports in an Expert Advisor.

Close all positions on a basket of currencies when the profit target has been reached.

Trade using Renko Boxes in MetaTrader 4.

The classic MT Sample EA updated for full/sub-pip accounts, also now handles ECN/STP brokers. Examples of setting trading hours, and added externals for StopLoss, MagicNumber and order comment.

The Renko chart has been created by the Japanese Traders. The main feature of the Renko Charts is that it doesn't use the time and volume.

Fibonoacci trading Expert Advisor for MetaTrader 4.

A practical EA for the intraday trading from 10:00 till 19:00. It works well on 5M EURUSD. The expected payoff is 40..60 pips per week on the forward testing.

The awo Holidays EA reports the status of the next day: working day, weekend or holiday.

Expert Advisor that closes orders after defined profit or loss.

The Expert Advisor shows the current values of World Stock Indices from Google Finance using WebRequest function.

The program-simulator v.2 for perfecting strategy, testing of indicators and trainings of trading skills.

A martingale strategy, an old EA that was rebuilt to be efficient.

This Expert Advisor trades every news event that is scheduled to release on www.dailyfx.com/calendar for the current week. The EA waits for the next news event to be released, compares the released economic data, determines which currency to trade and exe

This robot optimizes the values it uses for overbought and oversold based on what would have been profitable during the Optimization periods(bars) back. Using the strategy of selling when the index indicator crosses below overbought and buying when the index indicator crosses above oversold.

The Expert Advisor shows the properties of the signals, allows to modify the signal copy settings and subscribe or unsubscribe to the selected trade signal.

Template EA that downloads news without the use of DLL.

This is the Expert Advisor with Money Management and signal selection. You can add your own signals in this EA very easily by just adjusting the function signals.

A slightly optimized EA template from article MetaEditor: Templates as a Spot to Stand On

MACD and averages. A co-developing.

You can adjust SL/TP by dragging the lines drawn by the EA.

EA for Automatic StopLoss, Take Profit, Profit Lock, and Trailing Stop (With Special Methods). SL and TP could be hidden.

As I'm currently developing an Expert Advisor for Crude Oil and Brent, I wanted to get from ForexFactory.com the exact date and time of the 'Crude Oil Inventory' report. This report is typically issued on Wednesday's at 10:30am Eastern but when there's a holiday, the release date can change. As this is an important report for my EA, the only way was to check an online service to validate the release date.

It Is placing stop loss and take profit at a given distance. Displays the current status of open orders. For closing of the order it is enough to select and move the label to the left.

The Expert Advisor collects tick history for specified symbols into csv-files.

This Expert Advisor places Stop Loss and Take Profit for Buy, Sell, Buy Limit, Buy Stop, Sell Limit and Sell Stop orders.

Just draw Trend Up or Trend Down before the Expert Advisor "TrendMeLeaveMe" start. Set properties, run expert and go to sleep or work.

An EA template to add a simple trailing stop to your strategy.

Perfect solution for newcomers at coding. Allows to implement strategies with difficult stop-management. Yes, this thing need some "baking", i.e. editing, but you will like the result; especially if the strategy is already tested with hands.

Regression Channel Indicator and Expert Advisor

Opens orders using the martingale and a virtual trailing stop.

Here I propose a simple password verification scheme which uses MT4's built-in security engine providing DES/ECB encryption and does not require code re-compilation for each new customer.

This isn't an operating EA, but profit management EA.

TS based on the intersection of two MAs filtered by the CCI signals.

An EA that writes the time of disconnections from the server into a file.

Best Forex Robots For 2018 Performance Results

The table below is a list of all the most popular commercial forex robots that trade the forex market automatically, sorted by highest gain percentage by default. You can click each of the column headers to sort by each respectively. Please be sure to read any red warning indicators for each robot as some have manipulated results. While this may not be an absolute definitive list to find the best forex robot, it is a great place to start. Here you can quickly eliminate many robots that would other wise look rather appealing at first glance. Any robot with a red indicator warning should almost always be avoided. The chances of you replicating the kind of results they have are next to nil. These warnings will range from things like a scalper on a demo account, which is a guaranteed way to be tricked into buy a garbage EA. Another warning is a history of manipulated results like an EA vendor being in a partnership with a broker to give favorable results.

Right now the top performing EA is Forex Flex EA, which has held the spot for almost 2 year now which is impressive to say the least. It offers 12+ built in strategies that come pre-optimized that you just select and it trades. You can see some of these various strategies and their results in the table below. It also comes with a ton of settings for advanced users to create their own strategies if needed.

All of the ratings are user voted averages, which gives a great sense of what the public is experiencing with these top expert advisors. If there is an robot missing on this best forex robot table, please leave a comment naming it and I will do my best to have it added.

Terminology

Review – This column contains a link to the full review of each respective forex ea, and any potential warnings about it as a red exclamation mark.

Gain – The total overall gain in percentage the forex trading robot has achieved on it’s initial starting balance. This is obviously the first thing traders will look at when analyzing trade results of any forex trading bot.

Monthly – The average percentage you can expect to achieve from this forex robot. Be careful of new accounts with only a few months history and high gains, usually not sustainable. Also be wary of gains of 100% or higher per month, these kind of gains from any forex expert advisor are definitely not sustainable long term.

Daily – Same as above, but on a daily basis of how much each fx robot has done in forex trading on a live account, or demo account.

Drawdown – This is the biggest floating loss the forex robot has witnessed during the life of that account. If an account has a 60% max drawdown, that means if the account balance is $1000, then at one point the expert advisor had -$600 in losing trades open at once.

Trades per day – The average number of traders per day the fx robot opens.

Rating – The average rating based on user submitted reviews/ratings which is a good indicator for finding the top forex robot.

Chart – This is the equity growth the forex ea has achieved throughout the accounts life.

Forex Scalping / Scalper – This refers to scalping tiny little profits from the market trying to get in and out as quick as possible. The trouble with these strategies is they work great on demo accounts which vendors love to show, but when you run them on a live account, the results are completely different and much worse. This is due to higher variable spreads, swaps and commissions that you don’t see in demo accounts. A Scalper EA is one of the more popular used scams by vendors to show great demo results.

Forex Brokers – This is where you need to open an account, and fund it with real money in order to trade. Here is a list of the top MT4 forex brokers

Live Account – This refers to a real account with real money and real profit, not a demo account where fake money is traded and results are always more favorable. Trade results from forex expert advisors will always be better on demo accounts compared to live accounts.

Stop Loss – When to cut your losses on a trade. This usually refers to a pip based loss.

Take Profit – When to close your trade in profit. Again, this usually refers to pip based.

Trailing Stop – This means a stop loss that moves up as the price moves in favor of your position, so if the price does reverse, your stop loss is much less than originally set and possible even in profit at that point. Any good fx robot should have some sort of trailing stop feature.

Curreny Pairs – These are the pairs traded by each fx trading ea. Scalpers often trade low spread major pairs like EURUSD.

Forex Indicator – A forex indicator is used to interpret price data and patterns. Many popular forex ea’s will use a combination of forex indicators like moving average, bollinger bands, stochastics, forex trend detection and many many more.

For even more, check out ForexFBI’s Best Forex Robot comparison

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