Free Forex EA: Download 200+ Expert Advisor for Free

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The world of Forex automated trading is abuzz with the CrazyCTrader EA (Expert Advisor). It promises tantalizing returns, but like many things in the volatile FX markets, it’s crucial to ask: is it as good as it seems? This in-depth review will analyze CrazyCTrader EA’s strategy, performance, potential pitfalls, and help you decide if it’s the right tool for your trading journey. Let’s explore if this EA is your path to profits or a risky bet.

What is the CrazyCTrader EA?

CrazyCTrader EA is a Forex Expert Advisor designed for the popular MetaTrader 4 (MT4) platform. It utilizes a technical trading strategy – primarily scalping and likely some grid or martingale elements. The key points to understand are:

  • Scalping: Seeks small profits from frequent, rapid trades, often lasting seconds or minutes.
  • Potential for Grid/Martingale Elements: These riskier strategies can involve averaging down in losing positions, increasing trade sizes for recovery attempts.

CrazyCTrader EA Trading Strategy Explained

While the exact algorithms are proprietary, we can glean insights from its behavior:

  • Short-Term Focus: CrazyCTrader EA primarily targets brief price movements, making multiple trades within a day.
  • Technical Indicators: The EA likely relies on a combination of technical indicators to identify potential entry and exit points.
  • Potential for Risk: The combination of scalping with potentially grid or martingale elements introduces the possibility of amplified losses in unfavorable market conditions.

Does CrazyCTrader EA deliver on Promises?

It’s crucial to examine both advertised and real-world results:

Feature Advertised Key Considerations
Profitability High return potential Backtests can be manipulated. Real market conditions are dynamic.
Ease of Use Automated, user-friendly setup Understanding risk parameters and optimization is still essential.
Risk Management Features Stop-loss, potential take-profit mechanisms Risk depends on settings, market conditions, and the EA’s logic.

Setting Up and Optimizing the CrazyCTrader EA

  • Understanding Settings: Even with ‘automated’ trading, proper configuration of risk parameters, currency pairs, and timeframe selection is essential.
  • Backtesting: Always backtest EAs on reliable historical data to gauge potential, but be aware of past performance not guaranteeing future success.
  • Optimization: Backtesting helps you fine-tune parameters to try and align the EA with your risk appetite and market conditions.

Pros and Cons Table

Pros Cons
Potential for quick trading profits Potential for amplified losses, especially in volatile markets
Automated, can ‘trade while you sleep’ Requires a nuanced understanding of risk and optimization
Can remove some emotional trading elements Over-reliance on any EA can be detrimental

Is CrazyCTrader EA the Right Choice for You?

Consider these factors honestly:

  • Risk Tolerance: High-frequency trading with potential grid/martingale elements may not suit risk-averse traders.
  • Experience: Understanding technical trading and EA optimization concepts is beneficial.
  • Realistic Expectations: Forex trading is never a get-rich-quick scheme. Consistent results take time and discipline.

Conclusion:

CrazyCTrader EA holds potential but carries significant risk. It’s NOT a magic bullet, but rather a tool demanding careful use. Success depends on understanding its strategy, your risk profile, and realistic market expectations. If you are an experienced trader seeking a potentially aggressive short-term tool, CrazyCTrader EA may warrant further investigation with caution. For those less risk-tolerant or new to trading, alternative approaches may be more suitable.

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FEATURES

Automated System

Opens, manages, and closes the best trades for you. No need to lift a finger.

Great Trading Strategy

Plots chart price in real time to find the best entry and exit points with no lag.

Fully Optimized Settings

Comes loaded with optimized settings for all common forex pairs.

Real Time Broker Shieldâ„¢

Keeps shady brokers from trading against you by guarding your trade information.

Most Popular Forex Robot

The #1 choice of professional forex traders using expert advisors.

Simple To Setup And Use

Designed for any skill level. Get up and running in less than 5 minutes.

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Based on regulation, award recognition, mainstream credibility, and overwhelmingly positive client feedback, these six brokers stand out for their sterling reputations:

NoBrokerMin. DepositPlatformsAccount TypesGet Offer
1.RoboForex$10MT4, MT5, RTraderStandard, Cent, Zero SpreadWelcome Bonus $30
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7.FXTM$10MT4, MT5Standard, Micro, Zero SpreadWelcome Bonus $50
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10.TradingViewFreeTradingViewN/ABest Trading Platform

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FREQUENTLY ASKED QUESTIONS

The foreign exchange market (forex, FX, or currency market) is a worldwide decentralized over-the-counter financial market for the trading of currencies. The foreign exchange market is the largest and most liquid financial market in the world. Traders include large banks, central banks, currency speculators, corporations, governments, and other financial institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Daily turnover was reported to be over US $3.98 trillion in April 2010 by the Bank for International Settlements.

Expert Advisors (EA) / Forex Robot are used to render the trading process automatic allowing to exempt the trader from continuous watching the market. Many professional traders have a big amount of trading systems allowing them to work in different markets and under different conditions. EA is robotic script written in MQ4 language. It can work in the Metatrader 4 trading platform.

Yes it is easy to use. Forex Robot is based on a new generation technology that allows you with a few clicks to install, run and start earning money. No need to be professional. Everyone can do it. It is completely hands free and the whole process is 100% automated.

Yes it is too easy. Just a few steps and you will be ready to use Forex Robot. You will also get a guide when you purchase any Forex Robot, it will help you to install EA. If you still need any help please contact with us.

Yes Forex Robot can work 24 hours per day from the market opening on Monday to the market closing on Friday. You don’t need to monitor you trades. Our Forex Robot will do it for you. It will monitor the trades, open and close positions automatically.

MT4 is a free trading platform. You can download it from the official web sites of your broker. Here is the list of most popular brokers.

First you need a computer with a minimal hardware configuration and a stable internet connection. Second you need to install Metatrader 4 trading platform. You don’t need to have any additional Forex knowledge.

You can use any broker that offers the Metatrader 4 trading platform. But for Best Result we suggest you to trade with most popular brokers.

You can use Forex Robot with Multiple Accounts. There is no restrictions.

You don’t need to trade yourself. Just turn on Forex Robot and let it trade using your account to bring some profit for you. Of course you can trade manually too. But we recommend that you use only Forex Robot to avoid any loss.

Yes we offer free updates of our robot. Our development team will not stop improving of the Forex Robot and make it competitive on the market under actual market conditions.

We know that the money is the main question. We know well that many people don’t have much money to get started. Our robot is made to be able to trade with a minimum amount of money. The minimum amount depends to your brokerage company too. You can start trading with a small amount as $50.

Every Forex Robot is unique. Please check the guide before trading. If you don’t understand which one is suitable please contact us.

Yes we provide customer support. Our support team is working 24/7 for you. If you have any questions about our robot don’t hesitate to contact us.

Yes you can use. Please Backtest before using it in a real trading. Or use Demo Trade for at least one month with your broker spread and proper balance. Never use in live trading with any pair without demo testing. It is always better to invest time before losing any money.

We recommend to have a stable internet connection and computer hardware, working without interruptions 24 hours a day from the Forex market opening on Monday to the market closing on Friday. Crypto market is open everyday 24×7.

If you can’t keep your PC / Laptop on 24 hours a day so better choice is to get a vps service.

Robot will stop working. You must have to start the robot as soon as possible. Otherwise your running trades will not be closed and it may occur big draw down.

We accept payments by Neteller, Skrill, Bitcoin, Perfect Money, Paypal, MasterCard & Visa. If you don’t have any Paypal you can select custom method during checkout & pay manually.

You have to fulfill only three easy steps to get special discount. Please check the details here.

After completing the successful payment, you will get instant download option from the Dashboard. Please click here to get your download link.

How to Place Order

In order to do download any of our premium trading tools,
Proceed to the Product page;
Scroll down to see the ADD TO CART button, click on it and proceed to the checkout page.

In checkout page;
First apply your discount code if you have any; then fill out the form.
Then select your payment method.
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Tick Terms & Conditions Box & Click Place Order.

Complete the payment.

 

How To Download

After Completing the Payment you will be able to download Expert Advisor and Indicator from dashboard. Please check Download Folder. If you paid manually please contact immediately. Admin will update the order and then you will get download option in the dashboard.

How To Install EA

After completing the download in your computer or laptop you have to extract the file using WinZip software. Please check How do I Install an Expert Advisor on MT4 article or check the following video.

 

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