This collection consists of 36 Expert Advisors (EAs) operating on the H1 timeframe across six currency pairs: EURJPY, GBPJPY, GBPUSD, USDJPY, EURGBP, and EURUSD. Each pair is represented by 6 Expert Advisors. The Free EAs utilize a combination of Bollinger Bands, Moving Averages, RSI, ATR, and Williams’ %R to determine entry and exit points. The strategies fall into four primary categories: Mean Reversion, Momentum-Based, Breakout, and Hybrid (News Filtering). Here is an overview of the strategies:
- Lot Size: 0.01 (modifiable based on risk preference)
- Stop Loss: Ranges from 40 to 50 pips
- Take Profit: Typically set between 80 and 100 pips
- Trailing Stop: Enabled in some EAs
- Indicators Used across the Free EAs in the collection:
- Bollinger Bands (used for trend or reversal signals)
- Moving Averages (crossover-based strategies)
- RSI (momentum confirmation)
- ATR (volatility assessment for breakouts)
- Williams’ %R (overbought/oversold confirmation)
- Timeframe: H1 (Hourly)
- Currency Pairs: EURJPY, GBPJPY, GBPUSD, USDJPY, EURGBP, EURUSD
(A) Bollinger Bands & Williams’ %R Strategy (Mean Reversion)
- Pairs Used: EURJPY, GBPJPY, USDJPY
(B) Moving Average Cross & RSI Strategy (Momentum-Based)
- Pairs Used: GBPUSD, EURUSD
(C) Breakout Strategy with Bollinger Bands & ATR (Volatility-Based)
- Pairs Used: EURGBP
(D) Hybrid Strategy with News Filtering
- Pairs Used: Mixed across various EAs
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.
Disclaimer: This Collection is for educational purposes and is free to download. Get the Free EAs and test it on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.
