ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor 
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.
Contents
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
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.
Hi, Igbokwe, did you get the robot and did it serve the purpose
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.
Hi, I successfully did all installations but its not doing any trading. I want to test it on my live account with a little equity that i can part with
Are there any error messages in the experts or journals tabs? When did you install it?
I do this but is not working
Try checking for errors in your experts or journals tabs.
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
Hello sir i need this EA for Live account what can i do how much cost for real account
Hi Jams, I don’t recommend our free robot for live trading. This system is effective, but not tested thoroughly in live conditions. For live trading, paid robots with active development teams, and frequent updates are recommended.
how much does it cost?
Paid robots range from around $150-$300. You can see my testing of paid robots here https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/
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
Hi Ally, you can email me images and I can try to help.
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.
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
Hi Lewis, this is not possible. I don’t have any relationships with any telegram channels.
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.
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?
Hi Franko, I don’t use MAC, so I recommend doing some google searches or watching youtube videos for how to install expert advisors on a MAC.
after setup, no need for signals provider?
Hi Rico, robots like our free robot place the trades on your behalf. So, you don’t need signals, or trade alerts. You just put the robot on your MT4 chart, and wait for it to place trades.
thank you. but i leave it overnight no trade or order made.
Hi Rico, the markets are closed on the weekend so you won’t be getting any trades during this time.
hi admin please i need some support please..
regards
Tell me the support that you require so that we can provide it Naseem.
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?
Hi Rohan, free Forex robots are more for testing and learning. The issue with free systems is that they aren’t updated often and there’s no support for them. They are a great way to learn how to trade and get a basic understanding, but you will want to use a commercial robot when trading live. That’s when you want to move to the best Forex robots available.
Pls I need the commercial robot, how do I get it
Hello .. I Would Like To Know That how Do I Install The Robot On Mt4 ON android Please email Me Step To Step
Hi Anga, this isn’t possible. A computer either PC or MAC is required to run any free or paid robot.
Can this robot work with any broker or is there a specific broker to use
Hi Tavaris, it will work with any MT4 broker.
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.
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.
can we trade on this robot with 500$ equity?
Yes you can use the Free robot with any account size. That being said, we recommend more proven robots for live trading, like the ones you can find here https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/
its work on real account??
Hi Yu, yes the free robot can be used on any account type, but I recommend reading the last message that you are replying to.
Any .set files for this EA?
i am not able to open document
This is not a document that you open. It is an ex4 file that you copy and paste, as shown in the video on this page.
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
Stick to the proven robots on our best Forex robot page.
hi after odin is working but poor performance ,so i again bought gps robot for trading but it does not trade a single order,can you please suggest me
Yes, you can check out our top rated, reliable systems here https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/
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.
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.
How about those using Android phones to trade, how can the robot be installed on MT 5 app?
This isn’t possible. A phone is not powerful enough or compatible with trading robots.
Hi how can I get mt4 trading robot software or buy it and get licensed
You can follow the instructions here to download our free mt4 trading robot, or you can see the most effective Forex robots here.
does this bot even work on real accounts because im yet to see it excecute any trades , yet alone profitable ones??
Hi Lich, it’s a good bot for testing and learning. We don’t recommend any free system be utilized on a live account.
If I dowload it, it will work on a real account?
Hi Fabio, if you are looking to trade live, you will want to use a commercial software like Fury or Steam. Free robots are good for learning the ropes, but shouldn’t be relied upon for live trading.
I want to buy robot real automated
Hi Bhimsen, check out the best robot rankings here https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/
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.
Thanks for sharing your experience Marley. Glad we could introduce you to this market.
Hi
can I use your bot with 500plus
in New Zealand?
Works with all compatible MT4 brokers.
Can I use it only on a pc?
whats the use of lots in input because it changes nothing
Kaito, it’s just like any other EA. You have to set money management to false if you want the software to use the lot size you set instead.
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
Hi Alvin, click FILE > Open Data Folder > MQL4. You will find the folders there.
The file which one I have downloaded is nothing inside . so please advise?
Hi Jeerasak, that’s not possible. This system has been downloaded by thousands of traders.
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.
no download link
Hi, it’s on this page. Please look again.
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?
Hi Ronnel, the robot will make trades based on market conditions. So, I can’t predict when a trade is going to occur. Just be patient, and enjoy the process. The good thing about robots and expert advisors is that you don’t have to stare at the charts. You can walk away, and do something else while you wait.
Can I use this robot in other broker? I only use xm
You can use any broker you want.
Is there some text file or something to explain what the inputs mean? How changing one may effect results?
Not at this time Randy, I’ll see what I can do in the near future.
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
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.