At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Trading Robots
- Metatrader 4
- Expert Advisor MT4
Expert Advisor MT4
What is an Expert Advisor (EA) for MT4?
An Expert Advisor (EA) for MetaTrader 4 (MT4) is an automated trading system written in the MQL4 programming language. It allows traders to automate their trading strategies and execute trades without manual intervention. These EAs can analyze market conditions, open and close positions, and manage trading activities based on predefined criteria. Think of it as your personal trading butler, tirelessly working 24/7 without needing coffee breaks or sleep. ☕💼Key Features of Expert Advisors
- Automated Trading: Executes trades automatically based on predefined rules.
- Backtesting: Allows testing strategies on historical data to evaluate performance.
- Customizable: Traders can modify parameters to suit their trading style.
- Risk Management: Includes features like stop-loss, take-profit, and trailing stops.
- Multi-Currency Trading: Capable of trading multiple currency pairs simultaneously.
Types of Expert Advisors
- Trend Following EAs: These EAs identify and trade in the direction of the market trend. For example, the "MA Following" EA uses Moving Averages and Standard Deviation to make trading decisions.
- Grid Trading EAs: Implement a grid trading strategy by placing buy and sell orders at set intervals. The "Grid HLevel" EA is a semi-automatic grid trading system that requires manual level setting.
- Scalping EAs: Focus on making small profits from numerous trades throughout the day. The "Scalping Grid Trading Bot" is an example that uses grid trading for scalping.
- Martingale EAs: Increase the trade size after a loss to recover losses quickly. However, these can be risky. The "Boom Crash 500 Index" EA uses a martingale strategy with low drawdown.
Popular Expert Advisors
- Gold Coin M5: A robust EA designed for trading XAUUSD on the M5 timeframe. It uses a unique system to determine the best market entry points and is suitable for both beginners and professionals.
- Falcon Rig EA MT4: Known for its high tolerance to market noise and outliers, making it effective in various market conditions.
- RSI GridMaster: Utilizes the RSI indicator to execute trades in overbought and oversold conditions, aiming for consistent profits through position averaging.
Advantages of Using Expert Advisors
- Emotion-Free Trading: EAs eliminate emotional decision-making, sticking strictly to the strategy.
- 24/7 Market Monitoring: EAs can trade around the clock, capturing opportunities even when you are asleep. 😴
- Backtesting Capabilities: Test your strategies on historical data to fine-tune and optimize them before going live.
- Consistency: Ensures that the trading strategy is executed consistently without deviations.
Considerations When Using Expert Advisors
- VPS Hosting: For optimal performance, especially for high-frequency trading, consider using a Virtual Private Server (VPS).
- Regular Updates: Ensure your EA is regularly updated to adapt to changing market conditions.
- Risk Management: Always use proper risk management settings to protect your capital.
- Broker Compatibility: Verify that your broker supports the EA and provides the necessary trading conditions, such as low spreads and fast execution.
Conclusion
Expert Advisors for MT4 are powerful tools that can significantly enhance your trading efficiency and profitability. Whether you are a novice trader or a seasoned professional, there is an EA out there that can help you achieve your trading goals. So, why not let these tireless trading robots do the heavy lifting while you sit back and watch your profits grow? 🚀
Ah, the US Sniper EA! The latest freebie making waves in the Forex trading realm. It boasts no risky martingale or averaging strategies but claims to bring precision to the trading battlefield. But is it the knight in shining armor it claims to be? Or just another fairy tale? Let ...
Release Date: 29/10/2023
Welcome to the wild world of automated trading! Today, we delve into the curious case of PZ Super Trend EA—an expert advisor that promises a smooth ride on the Forex rollercoaster. With a sparkling 4.32 rating, one would expect this little gem to be a one-stop solution for all ...
Release Date: 29/01/2019
Is MyGrid Scalper the savior of your trading portfolio or just another pretty face in the crowded world of forex robots? Let’s dissect its claims, user experiences, and whether it truly performs under pressure. You’ll be surprised - or maybe horrified - by what we uncover. ...
Release Date: 05/10/2022
Delve deep into the world of Hercules Gold, where promising performance collides with skepticism. Can this free scalping EA truly deliver? Join us as we dissect its strategies, user feedback, and pit it against top competitors. Prepare for revelations that could reshape your trad ...
Release Date: 26/03/2022
Curious about the 'Breakthrough Strategy'? With the charm of a double espresso and the subtle grace of a catwalk model, it promises the moon while navigating the forex battlefield. Can it live up to the hype or is it just another trading fairy tale? Let’s dive into the fairy-ta ...
Release Date: 25/05/2017
Is it time to have a heart-to-heart with your trading methods? Meet the PipFinite Trend Grid EA! A trading robot designed to ride the market trends like a surfer on a wave - except, instead of gnarly wipeouts, it aims for profit. Intrigued? Let’s dive into its mechanisms, celeb ...
Release Date: 28/09/2020
In the world of Forex trading, where every pip counts, 'The Genetic AI PreV' has emerged as a breath of fresh air to traders. But is it a miracle worker, or just another flashy EA? With promises of high win rates and loss recovery that sounds too good to be true, one might wonder ...
Release Date: 01/06/2024
Are you tired of the endless cycle of trading failures? It's about time you read this critical review of MyVolume Profile Scalper FV! We tackle its mechanism, decode user experiences, and put it to the test against the heavyweight champs of trading: the EASY Bots. Are you ready t ...
Release Date: 01/03/2024
Ah, the Forex market! A land where strategies bloom like spring flowers and traders chase profits like kids chasing ice cream trucks. Enter the Night Trader EA—a beacon of hope in the turbulence of nighttime trading. Is it a shining star among EAs or just another nightlight tha ...
Release Date: 28/09/2016
Ah, the FoxTrotTWO EA! It’s like that mysterious guest at a party—everyone raves about it, but nobody's quite sure where it came from. Is it the golden ticket to your trading dreams, or just another dance around the issues of volatility? In this piece, we'll unravel the enigm ...
Release Date: 25/03/2016
The Universal Breakout EA claims to be the golden ticket for traders looking to ride the waves of breakout opportunities. With a tantalizing price tag of $0, it’s like finding a unicorn, or perhaps just a well-groomed horse pretending to be one. Let’s peel back the layers of ...
Release Date: 29/07/2022
Ever felt like the Forex market is just a big, confusing riddle? Enter PTraderMAHigh, the latest system claiming to turn the chaos of trading into easy-peasy profits! But is it really the magic wand we’ve all been waiting for, or just another buzzword-filled sales pitch? Let's ...
Release Date: 02/04/2024
Dive into the intriguing world of PTimeFVG, a trading strategy that promises to exploit market gaps. But is it the holy grail you've been looking for? With a mix of excitement and skepticism, we explore its features, potential drawbacks, and what real users have to say. Buckle up ...
Release Date: 02/04/2024
Welcome to the enchanting world of the Cap RSI Trader EA, where trading feels as easy as pie—unless you've had a sugar rush from your broker's commissions. Let’s peel back its layers, expose its tricks, and see if this EA is the fairy godmother to your trading dreams or just ...
Release Date: 26/09/2019
Ah, the world of Forex—where dreams of electronic riches abound and every pip can fuel a new aspiration! Enter 'Hedge Zone Recovery,' the strategy poised to snatch those dreams right out of your hands or give them a second chance. Will this miraculous EA become your new best fr ...
Release Date: 02/06/2024
Oh great, another trading system promising to make you a millionaire overnight! Let's dive into the Gold buyer, a 'free' trading bot that targets gold traders. With its stellar rating of 1, I can hardly contain my excitement! Let’s see if it’s just a shiny facade or if there� ...
Release Date: 03/06/2024
Is 'Enter for me' the trading savior you've been waiting for or just another mirage? In this article, we critically analyze this automated trading system, revealing its real promise and perils. Get ready for insights that may even change how you trade forever! 1. The Concept O ...
Release Date: 18/10/2023
Are you ready to dive deep into the enigmatic world of automated trading? Discover the complexities of the SAAD TrendTracker, an EA that claims to scalper pips while managing trades with mathematical precision. Is it really a game-changer, or just another run-of-the-mill EA? Buck ...
Release Date: 11/11/2016
Are you ready to plunge into the depths of Forex trading with MACD Trend FREE? This system promises effortless gains, but will it actually deliver? With a rating of 5 and feedback that’s almost too good to be true, let’s sift through the glitter to see if this shiny robot is ...
Release Date: 22/06/2021
Welcome to the thrilling yet precarious world of MarSeFREE! Is it the holy grail of Forex trading or merely another disappointment wrapped in a shiny interface? Let's dive into this conundrum, shall we? With a rating of 4.19, many users seem to have found a diamond in the rough, ...
Release Date: 17/01/2017
Are you ready to turn your precious trading indicators into a semi-independent robot? Welcome to the world of the Indicator to EA Robot Converter! Imagine your favorite trading indicator slaving away 24/7, tirelessly executing trades without taking a coffee break or fretting over ...
Release Date: 04/07/2024
Ready to dive into the quirks of CAP Moving Average EA? This robot seems slick with its moving average magic, but does it deliver the goods? Grab your popcorn as we dissect its features—because trading should be fun, and maybe a little ridiculous. 🎢 Overview of CAP Moving ...
Release Date: 27/09/2019
So, Grid King, huh? The savior of all our grid trading hopes, right? With promises to tame the wild swings of the Forex market and keep our accounts safe – or so we’re told. But is it just another EA spinning tales, or does it truly deliver on its lofty claims? Join me on thi ...
Release Date: 10/11/2018
Have you ever wondered if grid trading systems are just elaborate ways to ‘catch a falling knife’? Enter the SRB Grid—this Expert Advisor is touted as a one-stop solution for those looking to automate their Forex trading while holding onto their sanity. But does it deliver, ...
Release Date: 28/09/2016
Curious about the 'RP FourThousand EA'? This article delves into its inner workings, exploring both the praise it's received and the criticisms against it. We’ll analyze user reviews, financial viability, and compare it with established competitors in the market. Get ready for ...
Release Date: 11/03/2022
Is Greedy Green MT4 the ultimate solution for Forex trading, or is it just another flashy EA? Dive deep into our critical analysis where no stone is left unturned. From its unique trading algorithms to real user feedback, discover whether this trading robot can genuinely help you ...
Release Date: 04/03/2024
Ah, Alpha Master Grid, the spatula of the Forex kitchen, flipping trades like pancakes. Designed by none other than Yuri Congia, this EA promises to turn your trading woes into triumphant tales. But does it really deliver? Let’s dissect this culinary creation while keeping our ...
Release Date: 05/06/2024
If only trading was as easy as training a pet goldfish! Meet 'Open Lock'—a system that promises to keep your losses not just at bay but locked up tighter than a safe in a heist movie. With impressive credentials from Sergey Likho backing it up, it's time to dive deep and see if ...
Release Date: 25/07/2017
Curious about the ‘EA Monster Multiple Strategies’? Well, you might want to strap in and grab some popcorn. This trading robot comes with a hefty promise of extensive functionality—but will it deliver the goods or leave you scratching your head in confusion? Spoiler alert: ...
Release Date: 12/04/2017
Are you entangled in the world of Forex trading? Meet your possible new best friend—the FIBO Trend EA mt4! In this article, we’ll dissect whether this EA is the knight in shining armor you’ve been waiting for, or just another overhyped product. Packed with features and prom ...
Release Date: 25/11/2020
Welcome to the fascinating circus of the Forex market, featuring the newest star on the block: CommunityPower MT4! Designed by the ever-ambitious Andrey Khatimlianskii, this trading tool is your golden ticket to creating and executing your own trading ideas. But wait—before you ...
Release Date: 15/04/2020
Welcome to the world of SIRR Smart AI Express 3 – a trading system that might just be your new best friend or your most confusing frenemy! With its flashy claims of advanced algorithms and deep-learning magic, you might wonder if this EA is the fairy tale solution to your tradi ...
Release Date: 05/01/2024
Are you ready to uncover the secrets behind the Exp Swing trading system? With a rating of 4.18 and the creative flair of Vladislav Andruschenko, it's time to critically evaluate whether this EA can really harness the potential of the Forex market or if it's just another wannabe ...
Release Date: 24/12/2015
Trading during news events is like dancing with a bear — one slip and you're in big trouble! Yet, here comes News Robot MT4, promising to turn you from jittery manual trader into a calm, collected market maestro. You might wonder: can it really perform under pressure, or is it ...
Release Date: 08/07/2015
If you're diving into the world of Forex with the Grid EA Pro, prepare for a thrilling journey filled with potential pitfalls and profits alike. This isn't just another trading robot; it's a complex web of algorithms designed to maximize your gain while minimizing loss. But is it ...
Release Date: 21/11/2020
Is Dark Dione your next go-to trading bot, or just another fleeting trend? We delve into the intriguing world of this Expert Advisor, scrutinizing its mechanics, user feedback, and overall reputation in the trading community. Join us as we assess whether this tool is truly a gem ...
Release Date: 22/05/2021
Ah, the B4N1 New Wave! The trading tool that promises to surf the tides of the Forex market with the grace of a dolphin... or at least, that’s what the developers want you to believe. With a 4.5-star rating and a programming flair for advanced machine learning, it sounds like a ...
Release Date: 29/07/2021
So, you think automated trading is the golden ticket to riches? Enter BF Scalper PRO. With promises of low drawdowns and fancy ATR-based stop losses, it's hard to tell if it's a miracle worker or just cleverly marketed hype. Let's engage our sarcasm shields as we dissect this rob ...
Release Date: 06/02/2019
Ah, the 'Long Waiting MT4' strategy – it sounds like the perfect recipe for those who enjoy sipping their coffee while waiting for trades to plummet into their lap. But is the wait worth it? Or just a clever ruse for the developers to keep you glued to the screen? Let's explore ...
Release Date: 06/04/2021
Think you can ride the pulse of the market with news trading? Enter the realm of Forex Factory News EA! With its flashy promises of profits driven by rapid news reactions, this EA garners attention from both novice and experienced traders. But does it walk the talk or just genera ...
Release Date: 07/06/2016
Welcome aboard the rollercoaster of Forex trading! Buckle up as we dive into 'Yellow Free', a trading system that promises more excitement than your last date. Can it deliver on its promises, or is it just another indicator pretending to be the belle of the ball? Let’s dissect ...
Release Date: 21/09/2017
Ah, GOLD Edge! The trading system that promises to turn your dreams of gold into cold hard cash. But before you start envisioning yourself on a yacht, let’s dig into the grittier bits. Is it a hidden gem or just golden rhetoric? With a developer rating of 4.56 and a robust user ...
Release Date: 01/11/2021
As the CAP Gold Albatross EA takes flight in the crowded skies of automated trading, this article pulls back the curtain. Are its promises of profitability grounded in reality, or are traders soaring toward inevitable disappointment? With a critical examination of user reviews, t ...
Release Date: 05/04/2019
Are you ready to dive into the ambiguous world of automated trading systems? Dark Rea, developed by Marco Solito, claims to offer an edge through impulse trading techniques. But will this free EA truly deliver solid returns, or is it just another flash in the pan? Read on to unco ...
Release Date: 05/07/2021
Welcome, dear trader! If you're ready to dive into the world of recovery trading but aren't quite sure if the AW Recovery EA is your golden ticket or just another shiny gadget, stay with me. Spoiler alert: it’s like an emergency parachute for your financial skydiving adventures ...
Release Date: 13/05/2020
Feeling adventurous in the Forex jungle? Meet 'Sniperrr 007'—a bot as mysterious as it sounds! Equipped with a free version and a promise of profitability, it boldly steps into the ring against giants like EASY Trading bots. But can it withstand the scrutiny? Let’s dive in wi ...
Release Date: 10/01/2024
Have you ever felt like trading Forex is more of a guessing game than a strategy? Well, enter LT Gzeta EA MT4 – the EA that makes you wonder if algorithms really do have better luck than humans! But don’t be fooled by its free price tag; it claims to harness the mysteries of ...
Release Date: 11/01/2024
Welcome to the automated future of Forex trading with Stratos Zephyr! Strap in as we explore a trading robot that claims to turn your wildest dreams of market profits into reality. There's a fascinating mix of sophisticated strategies and the unbeatable RSI indicator lurking behi ...
Release Date: 12/03/2024
Buckle up, traders! If you're ready to dive into the world of automated trading, then look no further than EA Sapphire. Yes, it's advertised as the shining beacon in the sea of EAs, but is it really? Let's explore its capabilities, user experiences, and whether it's just another ...
Release Date: 06/09/2018
Ready to delve into the complexities of Loss Recovery Trader? This article will dissect how it operates, the factors influencing its success, and whether it’s really worth the investment. We’ll scrutinize user feedback and deeply evaluate its position against other leading sy ...
Release Date: 08/01/2015
Ever thought about making automated trading as easy as flipping a pancake? Enter Trader Novus, where the pendulum of fortune might just swing your way—or crash like a soufflé. This is an overview of a Forex trading system that’s winning hearts yet still dodges the bullet of ...
Release Date: 24/03/2022
Welcome to the world of SAADSCALPER, where every pip counts, and so does your sanity! This automated trading system, designed by Adnan Iqbal, promises to turn your forex trading into an 'automatic profit machine.' Or at least that's the plan—let's see how this adventure unfolds ...
Release Date: 27/08/2015
Welcome to the wild world of Forex trading, where fortunes are forged, and disasters await just around the corner! Today, we dive into the enigma of the CAP Zone Recovery EA PRO. Is it a miraculous toolkit for turning losers into winners, or just another flashy gadget that promis ...
Release Date: 29/12/2016
Welcome to the wild world of Forex with RangeBreakout EA! Ever wondered if a trading robot could be your new best friend or just another cash-sucking vampire? Spoiler alert: it might depend on whether you set it to break into the morning breakout party or let it snooze through th ...
Release Date: 16/02/2024
Welcome to the epic saga of Dark Mimas! Watch as this 'fully automatic Expert Advisor' wades through a sea of trading opportunities while you sip coffee in absolute zen. Will it lift your profits, or just raise eyebrows? Buckle up as we sift through this EA's claims with a sprink ...
Release Date: 03/05/2021
Are you really ready to dive into the world of Forex with an Expert Advisor that claims a legacy of success? Let's dissect FrankoScalp, the trading bot that's been making waves since 2016. Is it a diamond in the rough or just another overpriced piece of software? Join me as we un ...
Release Date: 02/08/2016
Are you ready to dive deep into the enigmatic world of 'VirtualDealer'? This supposed cutting-edge trading bot is stirring excitement, but is it all it's cracked up to be? Join us as we dissect its functionalities, explore real user reviews, and compare it to the best of the best ...
Release Date: 17/04/2024
Ever wondered if the magical Forex trading robot really exists, or if it's just another trader's fairy tale? Welcome to the realm of 'Advanced Scalper,' the robot said to bring sacred profits to those brave enough to use it. But before you empty your wallet, let's explore how thi ...
Release Date: 26/07/2017
Are you ready to dive into the wild world of Forex trading with Sunan Giri? This trading system, created by the mastermind Victor Adhitya, promises a thrill ride reminiscent of a rollercoaster—but with a more predictable twist (hopefully). From hidden stop losses to a slow-burn ...
Release Date: 18/04/2024
Are you tired of trading systems that promise the sky but deliver a cloudy mess? Enter VR Smart Grid, an Expert Advisor that claims to close multiple positions in batches with pocket-sized profits. But is it really the savvy trading companion it claims to be, or is it just anothe ...
Release Date: 27/03/2018