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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 2021, 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.

For the purpose of using our free bots, you will want to use MT4, as that’s the platform they run on.

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.

Your Robot Downlaod

Now you can download the software.

Download Free Forex Robot Click Here (Fireball Robot)

Free Forex Robot #2 (Fiverr Bot)

I’m always adding more free Forex robots as soon as I get my hands on them. So, if you get tired of the Fireball bot, then you are welcome to the Fiverr moving average, trailing stop EA.

Watch this video to learn about my experience with the Fiverr robot.

Download Free Fiverr Forex Robot Click Here

So now you have two free robots that you can select from and learn with. They can both be used in the same MT4 platform at the exact same time, so it doubles your opportunities.

Feel free to start with just one of these robots, and then come back to use the other when you get the free time.

Free Forex Robot to the Moon (VIDEO)

This video is the Part 2 of the Fiverr Bot video. See how my $1000 account is doing after two months with this free expert advisor.

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.

286 comments

  1. Hi Patrick, Can I run this bot on MT5? If not, how can I find one..

  2. I need to know if the .ex4 is the only file needed

    Do I need to download or create any other file because I was seeing something on .mql files

    I need to know please, already copied the file to where it’s supposed to be

  3. Please, through which link can i download the metatrader 4 finfx setup? i can’t find the exact one used in the tutorial. and also, how can i get the best robot to trade with in the live account.

  4. Hi I just joined the members area today I have done the robot before was called forex megadroid but stoped using it a few years ago I think its not running anymore anyways I like what I have read about forexsteam also have a Apple Mac computer so would need a VPN Server to run this never had one before is there one you could recommend so I could get this going?

    Thanks Mike

  5. Hi Ryan i would like to know if i can use a free robot for a live account

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

  7. 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.

    • Is there an advisors folder or anything similar? Feel free to go to the contact page and email me images.

    • Alternatively, if you are using MT4, open up the application. Then go to File — Open Data Folder. There, you will see a folder call MQL4. Open it up and you will see the ‘experts’ folder where you can copy and paste the EA. Good luck. Trying it out myself and will inform of results. Thanks to Patrick for the great work!

      • Thanks Inshan, hoping the Free robot helps you get started in the Forex markets.

        • Hi Patrick,

          Thanks very much. I applied the robot to three pairs – 4PM EST – USD/JPY, USD/CAD, AUD/USD and I was almost +1100 in profit. My question is can you take profit before the robot hits the S/L etc. For example, +$234 on the USD/JPY, can i close it off? And then re-enter the trade? I shudder to think what your recommended robots can do, lol.

          • Hi Inshan, you can certainly exit trades whenever you see fit. I’m glad you’re enjoying the free robot, I’ll have to throw some more tests up with it, showing the capabilities.

      • i did tried it but it didnt work

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

  9. 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

  10. 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…

  11. 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

  12. 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.

  13. 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?

  14. after setup, no need for signals provider?

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

  16. 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?

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

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

  19. 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.

  20. 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.

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

  22. Any .set files for this EA?

  23. i am not able to open document

  24. 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

  25. 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.

  26. 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.

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

  28. Cikizwa Cikizwa Pearl Giwu

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

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

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

  31. 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.

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

  33. 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

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

  35. 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.

  36. no download link

  37. 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?

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

  39. 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

  40. 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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