Forex news trading ea free

Here are some free Forex news trading EA (Expert Advisor) options:

  1. News Trader EA: This EA is designed to trade based on news events and uses a combination of technical and fundamental analysis to make trading decisions. It's available for free download on the MQL5 website.
  2. News Trader Pro: This EA is a more advanced version of the previous one and includes features such as risk management and position sizing. It's also available for free download on the MQL5 website.
  3. Forex News Trader: This EA uses a combination of news events and technical indicators to make trading decisions. It's available for free download on the Forex Factory website.
  4. News Trader MT4: This EA is designed specifically for the MetaTrader 4 platform and uses news events to make trading decisions. It's available for free download on the Forex Peace Army website.
  5. FX News Trader: This EA uses a combination of news events and market sentiment to make trading decisions. It's available for free download on the FXStreet website.

Please note that while these EA's are free, they may not be as effective as commercial EA's and may require some tweaking to optimize their performance. Additionally, trading with EA's carries risks and it's essential to do your own research and testing before using them in live markets.

Here are some tips to keep in mind when using news trading EA's:

  1. Understand the news events: Make sure you understand the news events that the EA is reacting to and how they may impact the market.
  2. Set realistic expectations: News trading EA's are not a get-rich-quick scheme and may not generate consistent profits.
  3. Use proper risk management: Set stop-losses and take-profits to limit your potential losses and lock in profits.
  4. Monitor and adjust: Monitor the EA's performance and adjust its settings as needed to optimize its performance.
  5. Use a demo account first: Before using a news trading EA in live markets, test it on a demo account to ensure it's working as expected.

Remember, trading with EA's carries risks and it's essential to do your own research and testing before using them in live markets.