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Your First Free Forex Robot

forex-fireball-official

Free Forex robot is now available, my newest and favorite creation is here to ignite your accounts. As you know I have promised to release another free system and all of you faithful Forex Robot Nation readers have been very patient.

This free Forex robot will auto trade for you 100%. In order to use it you will just have to place the software on the correct MetaTrader4 chart and the software will do the rest of the work.

The free download is available at the bottom of the post.

If this is your first time using an automated trading system don’t worry, I will walk you through the entire process step by step.

With that said, let me introduce you to Forex Fireball, the latest in my series of Free Forex Robots.

The Free Forex Robot / EA for 2021

With this new free Forex robot you can expect 10-15 trades per month with very low risk and a high winning percentage. The goal here is to give you something you can run along side your other systems without any interference or issue.

  • EURUSD Pair
  • M1 Timeframe
  • Stoploss 50
  • Takeprofit 50
  • 1 Trade at a Time

Now, it’s worth noting that in 2020, we haven’t spent too much time with the robot, as we have found much more success with commercial systems. While, this Free Forex robot is a great place to start trading, and get acquainted with automated trading, it’s not recommended for your live account.

This is a great robot, but it’s main purpose is to introduce you to automated trading. It isn’t meant to grow your trading account at a high rate. While it’s a free Forex ea that works, you shouldn’t rely on it, as it’s not tested to the same standards as commercial products.

If you truly want to earn in the Forex markets, you need to use a well known robot, from a reputable company that provides frequent updates, and verified trading results.

There are currently two robots that we utilize on a daily basis that meet all our expectations. These are not free, but we feel once you are done fooling around with a free system, you will want something more serious:

Getting MT4 or MT5 Installed

Step 1: If you don’t have MT4/MT5 you will need to download it now. MT4/MT5 is Free.

Click open a demo account and fill in the information, you will be sent an email with your link to install MT4/MT5.

MT4 Downloads

Both of these brokers offer MT4 and MT5, but for the current Free robot, your best bet is to start with MT4. Both of the platforms are similar, and work nearly the same. Some prefer MT4, some prefer MT5, but there’s no real benefit to either as it stands in 2021.

Free Setup Video

Using the software is as simple as setting it up and letting it run. In this video I will show you how to quickly and effectively take the free Forex fireball robot and get it working for you in no time.

If there is something you missed in the video you can easily pause as you follow through or rewind. For those of you who know how to install Forex robots already you probably don’t need to watch the entire video. So just download the zip file, put the free Forex robot file in the Metatrader4 experts folder and you will be up and running.

I will be producing another video shortly just updating the process, making it a bit easier to walk through and showing you some of the potential trade results as well. Thanks for spending the time to utilize my free robot, and I hope it helps you learn about automated trading while growing your trading accounts simultaneously.

So What Next?

Now you can download the software.

Download Free Forex Robot Click Here

Please make sure that if you like the content on Forex Robot Nation and the free offers we provide that you tell your friends. Don’t keep it all to yourself, thanks for coming by and shoot me an email if you have any questions.

Keep in mind, my system is free so it is a nice and helpful tool but if you’re looking to make larger gains you’re better off with a commercial software.  You can see which paid programs are the most successful here in my best Forex robot tests.

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

180 comments

  1. Hi, Igbokwe, did you get the robot and did it serve the purpose

  2. Using forex mt4 to try this demo. There is no experts folder and I can’t figure out how to add robot. Please help. Email is ok.

  3. Hello sir i need this EA for Live account what can i do how much cost for real account

  4. hi i hope this message will find you well i did download forex fireball robot but i can’t copy and paste it on my mql4 expert for please help sir

  5. Also!… Do you have ANY versions of the FIREBALL EA that are designed or suggested to be used on a LIVE/REAL account… Thank you again for attention these questions…

    • Hi Lewis, I do not. I spend all of my time / resources on making sure the top rated robots here are performing to expectations. The free robot can provide profit, but is used mainly as a way to get introduced to the market.

  6. Good Morning Mr. Ryan!.. I have a rather serious question to ask.. I purchased a EA/Robot from a group on the telegram channel, that claim to be partner with you and robot nation… Is this possible??
    A prompt response would be greatly appreicated

  7. Installed and fired up Free Robot yesterday. It’s running about 20 hours now, and so far $1000.00 profit, and $15.40 loss on MT4 demo account. Currently in a trade in profit of around $80.00, and TP is very far away. Very exciting, and impressive! I love what this bot is doing. Is there a way to adjust the TP to a much lower amount, like $150.00 – $200.00? I want to see how many times it can hit this, because this is how I want to normally trade on a live account.

  8. Can this be used on Mac?

    • Hi Franko, yes all robots can be used on a MAC. You just need the MT4 on MAC platform.

      • Its a bit different on mine. First in MT4 folder does not have experts in the folder. It has content, inside the content it has info.plist, MacOs (starwine), Resources and inside resources i have credits.html, English.Iproj, icon.icns, Wine.bundle, wineprefix and winetricks. In which content should i paste the forex-fireball?

  9. after setup, no need for signals provider?

  10. hi admin please i need some support please..
    regards

  11. Hello sir,I want to ask you what is the minimum amount of deposit that I could start with using your free forex robot?Will your free robot be able to trade for me and make profit without any risk of losses?And what is the drawdown rate of your free robot?

  12. Hello .. I Would Like To Know That how Do I Install The Robot On Mt4 ON android Please email Me Step To Step

  13. Can this robot work with any broker or is there a specific broker to use

  14. It will work if i turn off my pc

    • Hi Logan, robots, or really any Forex software for that matter will never work without your PC on. There is no reason to turn a PC off in 2020, as PC’s have been built to be left on since the early 2000s. If for some reason you can’t use your PC 24 hours, then you can always get a VPS instead, where you can run the robot.

  15. Can you trade with small account like 20 dollars?

    • This is possible, but with our Free robot or any other expert advisor, you will always want to start trading on demo first. This will help you understand how it works, and get you to a level of comfort required in order to be successful.

  16. can we trade on this robot with 500$ equity?

  17. Any .set files for this EA?

  18. i am not able to open document

  19. Thangjam Chinglen

    hi admin, i bought odin robot but it donot work as the reviewers replied i lost everytime it does not take profit , so should i pay for setting more or else other to buy effecient robot ,pliz guide me and link me if any better has

  20. Hi,
    where do I change trailing stop loss ? I have installed fireball today, It did a trade and the result was great but it didn’t reached the take profit at 50 pips but because ,I think, there is a trailing stop loss it close the trade in positive..
    I look forward to hearing from you.
    Bye

    • Hi Nicola, I recommend playing around with the robot to see what you prefer. The main purpose of the free robot is to help you understand how to trade, before going live with more proven systems.

  21. I am going to use it on a demo account and ill tell you the result
    i will see the DD and if it is a martingale or not thank you

    • This free Forex robot is perfect for learning how to use the platform and getting started with trading. We don’t recommend relying on it in the long term for live accounts.

  22. How about those using Android phones to trade, how can the robot be installed on MT 5 app?

  23. Cikizwa Cikizwa Pearl Giwu

    Hi how can I get mt4 trading robot software or buy it and get licensed

  24. does this bot even work on real accounts because im yet to see it excecute any trades , yet alone profitable ones??

  25. If I dowload it, it will work on a real account?

  26. Really happy with the Free Forex Fireball robot.

    It showed me how easy automated trading is, and now I’m switching over to the top rated commercial products.

    Just signed up with Fury, and won my first 25 trades.

  27. whats the use of lots in input because it changes nothing

  28. Hi I couldn’t find the expert folder in the MT4 directory.

    I installed the MT4 from FXopen (worldwide) link you provide in this post but also can’t find the expert folder.

    Possible to help please

    Thanks

  29. The file which one I have downloaded is nothing inside . so please advise?

  30. Backtest on mt4 strat tester shows about 40% loss over time

    • Backtesting is an old an antiquated model. Any system we use here at FRN or provide uses live data that can’t be reproduced in backtests. The best way to test in 2020 and beyond is via demo trading.

  31. no download link

  32. hello admin, i was installed just now this ea. can you please advise when this robot make some trade? is there parameters to be accomplish before it was create an open trade?

  33. Is there some text file or something to explain what the inputs mean? How changing one may effect results?

  34. Im testing the free robot om my demo account.
    What is the purpose of lots setting just underneath the magic number.
    Playing with that field I cannot see any difference. My min lot and max lot is set at min .001 and max 1.0.

    Can you please explain?

    Pete

  35. can i use your free robot in my live account?

    • Hi Ginoshan, yes you can, but you should always test on demo first. This is always the case though. Even if you purchase a Forex robot, you should always demo test for at least a few weeks.

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