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
- 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
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:
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.
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!
Hi Keabang, it works on demo and live accounts, though I generally don’t recommend using a free robot in live conditions. The reason for this, is that free robots don’t undergo frequent updates to stay in tune with recent market conditions.
So how can we get a not free robot from you?
Hi Ehsan, paid options can be found in my tests here https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/
Hi Patrick. Thanks for sharing your free robot. You’ve just teste this robot on EURUSD in 1M TF?
Regards,
Ehsan
Hi Ehsan, yes that’s correc.
Hi again and thanks for your respond. I wanna know if you test other exchanges or time frames.
Love you channel!
Question: I been chatting with a person that says if I deposit $1000 in a a broker named Forexais on a 20% to the trader on a 14 day timeframe I’ll make my part around $8000 .. is it a scam?
Hi Bo, yes that’s a scam. Nobody is going to flip $1000 into $8000 in 14 days. This person is trying to steal your money.
Hi again and Thanks for respond. I want to know if you test other exchanges and time frames.
Regards,
Ehsan
Thanks I’m happy to join you
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.
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.
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 ?
Hi Sai, I’m running it on the defaults in the video.
I didnt get you Ryan, running it on the defaults in the Video, what does that mean please
Hi Sai, this means when you install the software, I didn’t change any settings, so no need for a SET file.
Thank you for your quick answers. I am impressed. I have downloaded both your free Eas and set time frame to M1. I am leaving my pc on for 24 hours. Trading on XAU/USD and AUD/JPY and Eur/Cad. Typically, how many trades will the EA execute in a 24 hr span on M1 timeframe Ryan? Once I am convinced with the trades, I am buying immediately. Thnx
Hi Sai, these robots are completely fee, there is nothing to purchase on this page.
From some of the messages posted, it appears that the 2 eas are being used on real accounts also, like someone has written that H4 on Eur/usd is accurate. Although you have made it explicitly clear that this is to be used on demo accounts only, what if the free EAs perform well and if I want to purchase the same ? Is it available for purchase and what is the price of Kick Ass legal version please. Thanks
Hi Sai, these are two free EA’s. They are completely free. If you are interested in commercial robots that are more proven, tested and upgraded often, go here https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/
Kick Ass is really Kick Ass … USE TF H4 for EURUSD is Amazing Accuracy and Result. Nice EA.
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.
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
Try restarting the platform Emmanuel.
The free robot zip file is asking for password
That’s not possible, I never protected the zip files. You can show me via team@forexrobotnation.com if you like.
Hi Patrick, I followed the video and installed fireball on EurUsd M1 on a demo account and it’s been running for 2 days with no results and no trades
Check for errors in the experts / journals tab Doug. Make sure you’re leaving your computer running.
which TF is best to use for robot…
I’m running it on M1.
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
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
Hi how much do I have to deposit?
Nothing. You can trade all the free robots on demo accounts.
Hi Patrick, can I use the robot on a live account
You can do whatever you feel is best for you. I don’t generally recommend free robots on live accounts.
What about legeacy EA and fxscalerx EA are they reliable or just bubble plz tell more about these two also .
Are these free robots? I can look into it.
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 ?
How much I have deposit and how much can a day and month
Hi Joshua, with the free robot, I recommend just using on a demo account, seeing if you like it first.
It’s a good EA. How many currencies pairs do you think it can work for?
I generally start with 1 pair at a time with any bot, and then increase over time if I feel comfortable doing so.
send us a test result
A link to pay for EA that can work on my live account please
For live trading I recommend Forex Fury
how do i get the finfx file?
We don’t use FINFX any longer (sorry the installation video is a bit older). You can now use one of the other two options.
OspreyFX (US)
FXOpen (Worldwide)
Can the robot work on live account
Because i have tested it on demo account and it doesn’t trade .
Pls Sir..how do I use this on my mobile version of meta5 on my phone??
Hi, expert advisors / robots are built only for PC version of the metatrader platform. Not for phones.
Hi Patrick Ryan, can this EA be used for real accounts?. Thank you very much
Hi NPK, yes it can be, but I don’t recommend using free robots on live accounts, as they are not updated often.
Thank you for a great EA, I have tried the EA and it works better than some EA that i paid for. Thanks again.
Thanks NPK, I’ve got another new free EA / Indicator I spent a few thousand developing. I was going to sell it, but instead I’ll be giving it away here soon.
Thank you for free EA / Indicator in advance. I will be here to cheer you up.
Can you please send me demo demo acc
Hi Vusi, you can download the free robot from this page. There is nothing to send you, simply follow the video.
Hi.. How can I use the EA in MT5?
The free EA is exclusively for MT4. There is no MT5 version of this expert advisor.
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
Hi Jacky, the free robot can be used with any MT4 broker. If you need recommendations, please go here https://forexrobotnation.com/best-forex-brokers/
Hi Ryan, What do you mean this free EA cannot apply to the real account ? Is it this EA will burst the account if apply to real account ?
Hi Jacky, I cannot say that it will or will not. All I can say is that it’s free, so it’s not updated as often or worked on as diligently as a paid service. I believe this goes without saying.
Hi Patrick, Can I run this bot on MT5? If not, how can I find one..
Hi James, sorry this free robot is only for MT4, I’ll try and dig up a free robot for MT5 and add it here shortly. All of the top robots in my tests have MT4 & MT5 versions, https://forexrobotnation.com/best-forex-robot-and-expert-advisors-top-3-tested/
Thanks .please send to me your free ea.
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
Hi Sama, all you have to do is copy and paste the EX4, as shown in the video and the free robot will be in your MT4.
Free ea taking only sell trade why it’s not taking buy on demo account
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.
FINFX is no longer available. You can see which brokers I use here https://forexrobotnation.com/best-forex-brokers/ (all provide MT4)
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
Hi Mike, you can trade on a MAC, it’s just a bit more difficult to setup. Or you can use a VPS like you mentioned, see here https://forexrobotnation.com/interserver-forex-vps-review-1-rated/
Hi Ryan i would like to know if i can use a free robot for a live account
You can, but it’s generally not something I recommend.
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.
hi Patrick
IVe done everything required to make sure that the robot works.
now i have a few questions. will the robot open trades for me ? can it be used on other pairs like AUDCAD. NZDUSD etc. etc. and others like NASDAQ & SPX500
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.
Can you tell me it’s taking buy trade or not please try to reply me fast
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/