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Your First Free Forex Robot

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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 Free Fiverr Robot, the two latest EA’s in my series of Free Forex Robots.

Scroll down to watch the installation and results videos.

Contents

The Free Forex Robot / EA for 2023

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 2023, 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 on HankoTrade below and fill in the information, you will be sent an email with your free 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 2023.

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 Download

Now you can download the software.

Download Free Forex Robot Click Here (Fireball Robot)

#1 Ranked Free Trading Robot on MQL5

So, here is another video I did using a free robot called Dark Venus EA. This is the #1 ranked free trading robot on the MQL5 website.

It’s a fun video, I took a $1000 live account, and ran the default settings.

Feel free to watch this to see how I did.. and watch the other videos below on more free robots that you can download, much love.

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.

Fiverr Forex Robot Video (1 Year Update)

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.

Free Forex Robot #3 FRN Scalping Bot

This new video is in conjunction with a profitable scalping strategy I put out recently.

After getting such incredible feedback from the Forex Robot Nation community, I decided to code the manual scalping strategy into a robot. There’s still a lot of testing to be done, but please learn more about this recent project here:

If you get a license issue, please use this link to re-download the free robot. I just resolved the issue.

Download the FRN Scalping Bot Click Here (Updated 9-23-2022)

Free Trading Robot vs Free Trading Robot

Download the two free scalping robots seen in this video (2023)

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 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.

503 comments

  1. Greetings Patrick and the Bot nation!

    thank you for the robot. Can i ask if it works on live account? I have tested it on demo and it works now i am wondering if it will work on live account or if it is just for demo account, Thank you!

  2. Hi Patrick. Thanks for sharing your free robot. You’ve just teste this robot on EURUSD in 1M TF?
    Regards,
    Ehsan

  3. Ryan, One more clarification please. I deployed the Kick Ass yesterday night and it was running the whole nnight. Some 7 to 10 trades had happened with lot size of 0.01. Overall it was at $2 profit. I am just getting a feel of how EA works, Felt happy, now since it is a demo account of $2500, I tried increasing lot size to 1 and see what it does, but it keeps taking trades only as 0.01. I stopped robot, saved changes and reloaded but still it is the same. Why is it going back to 0.01 lot size only ? Should I set max risk also as 1. What are the settings in the EA for slightly aggressive trades with higher profits ? When I open a real account, I want to fund it with $10000 and am prepared to risk 50 % of my capital too. Not an issue. I belong to the aggressive, risk taking category trader. Is it possible in the Flex EA 4.0 version which I intend to buy? Or which other robot can you suggest which you have in your basket? I am looking for more than 50% profit each month. Is this possible ? Can you inform settings for this please. And can you share your Email id so that I can mail you too my other queries. Thank you

    • Hi Sai, my name is Patrick. You can see exactly what I’ve done with the free robot in my two videos on this page. I have not made any customizations, and I’ve just been using it as is. I have not done any optimizations or backtests for the free robots. They are meant to introduce traders to the market. I do not rely on them in any of my large accounts.

  4. Asyraf Abdul Rahman

    hi ryan, from malaysia here.., thanks for the free EA, i already download that kick ass. today. but i have a question. did i have to turn on my pc while EA running, or i can shut it down, if i shut down my pc, EA still running or i have to buy vps to keep it running. thanks again bro…

    • Hi, I keep my PC on when EA’s are running. This free Forex EA uses trailing stop so it modifies orders, which means the PC should be running. There’s no reason to turn off a PC in 2021.

  5. Hi Ryan, I foound only two files when I extracted the Fiverr zip, viz. the Kickass.ex4 and the User manuel. I did not find the set files ?

  6. Kick Ass is really Kick Ass … USE TF H4 for EURUSD is Amazing Accuracy and Result. Nice EA.

    • Jerry Lillibridge

      Hi, I’m using Kick Ass, too but curious what kind of results are you getting? I’ve started with $1k Demo from 3/24/2021 to 4/21/2021 Current Bal: $82.47 Settings: M5 on 6 pairs (EURUSD, GBPUSD, USDCHF, USDJPY, NZDUSD and EURGBP) and 1 pair with M15 on USDCAD. Not sure if this EA can change the TF itself. I’m planning to make some changes to see if I can get a bigger yet safer profit per trade. I will change the TF H4 after 4/24/2021 to compare the results in terms of balance before I can start with LIVE account. Will keep you posted.

  7. Hello my name is emmanuel tau from south africa, i cant seem to load the free robot i do everything right but it does not appear in the expert file. I use deriv broker

  8. Jerry Lillibridge

    Hi Everyone,

    I would like to know what configurations / settings that you are using that working well on the 2 FREE robots that FRN has been offering.

    FireBall and FiveRR.

    Your comments are really appreciated.

    Thanks!

    Jerry

  9. hi ryan can you give me demo account add with rebort
    auto work i am watch robort working send brokar and user name password plzzz thnks

  10. Hi how much do I have to deposit?

  11. What about legeacy EA and fxscalerx EA are they reliable or just bubble plz tell more about these two also .

  12. What is the difference beween the 2 EAs ? I am using both but would be nice when they are trying to do ?
    Cheers

    • I meant would be nice to understand what they are trying to do.. what they are looking for ? When will they start a new trade ? Will they open more than one trade per chart ?

  13. How much I have deposit and how much can a day and month

  14. It’s a good EA. How many currencies pairs do you think it can work for?

  15. A link to pay for EA that can work on my live account please

  16. how do i get the finfx file?

  17. Pls Sir..how do I use this on my mobile version of meta5 on my phone??

  18. Hi Patrick Ryan, can this EA be used for real accounts?. Thank you very much

  19. Can you please send me demo demo acc

  20. Hi Patrick Ryan,
    Good day. May I ask u is it this free robot can attached to any broker house ? Also can be use in live account?Please advised, thank you.

    Regards,
    Jacky

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

  22. 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

  23. 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.

  24. 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

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

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

  27. 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

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

  29. 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

  30. 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…

  31. 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

  32. 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.

  33. 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?

  34. after setup, no need for signals provider?

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

  36. 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?

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

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

  39. 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.

  40. 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.

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

  42. Any .set files for this EA?

  43. i am not able to open document

  44. 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

  45. 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.

  46. 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.

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

  48. Cikizwa Cikizwa Pearl Giwu

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

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

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

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