17 Best Expert Advisor for MT4 in 2023 +
MetaTrader 4 provides a wide range of Forex Expert Advisors to meet the requirements of all traders. Each type of EA has its own set of strengths and flaws, so selecting the right one for your trading strategy is critical.
Follow this comprehensive guide to the best expert advisor for MT4 to determine which choice is best for you:
1. Athena Expert Advisor
Athena is one of the finest Expert Advisors for MetaTrader 4. Athena, as presented by Chris Svorcik, is an automated system that assists traders in making informed and profitable investment choices. The Athena Forex EA is intended to handle EUR/USD pairs and a variety of securities such as stocks, options, and futures. The software is extremely straightforward to use and can be used by both novice and experienced traders. The software also includes risk management features to assist traders in protecting their assets.
2. Bonnitta EA MT5
Bonnitta EA was tested and has successfully passed the stress test with slippage and commission approximate to the real market conditions using real ticks with 99,9% quality in a period of 22 years. The Expert Advisor contains the algorithm of statistics collection and slippage control with complete statistics control; this information is used to protect you from broker’s tricks. Bonnitta EA controls the quality of the broker execution before placing an order and It also has successfully passed strict criteria in terms of historical data and Monte Carlo simulations of different data feeds.
3. Waka Waka EA MT5
Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make profit
Supported currency pairs: AUDCAD, AUDNZD, NZDCAD
4. Ultima Expert Advisor
Ultima EA is yet another excellent expert adviser for MetaTrader 4. It is a completely automated MetaTrader Expert Advisor that trades price channel breakouts. Ultima EA determines when to join and exit trades using a combination of different filters and MACD (Moving Average Convergence/Divergence). Ultima EA has been backtested and optimised on historical data, with 99.9% modelling precision and real variable spreads.
5. Zeus Expert Advisor
One of the finest Forex EAs, Zeus EA, can help you earn money while you sleep by automatically making and exiting trades based on predefined rules. Zeus EA is one of the market's most famous and profitable MetaTrader Expert Advisors. Zeus, created in 2019 by Russian trader Sergey Golubev, has been lucrative in backtesting and provides 5% to 15% monthly returns. This advisor has been voted the finest Forex EA of 2023 by a large number of users.
6. FX Fortnite Expert Advisor
FX Fortnite may be the ideal Expert Advisor for MT4 for you. It assists you in trading on the Forex market and provides trading signals that indicate when to purchase or sell a currency pair. FX Fortnite has demonstrated to be a valuable tool for making profitable trades. It has a distinct collection of features that distinguishes it as one of the most advanced EAs on the market. The settings of FX Fortnite can be changed to suit your trading style, and you can select any currency pair and time period.
7. 1000 Pip Climber Expert Advisor
Another top Forex EA on our roster is 1000 Pip Climber. 1000 Pip Climber is extremely popular because it is simple to install and configure and is appropriate for traders of all skill levels. 1000 Pip Climber uses a number of trading strategies that have been shown to be effective in the Forex market. It is continuously updated with the most recent news and trends.
8. Flex Expert Advisor
Flex EA is a sophisticated yet simple programming language used to create MT4 Expert Advisors. It uses virtual trades in the background and watches the market to select the best entry points, and it handles everything automatically. Flex Ea was designed to trade successfully in any market condition and enables you to create advanced trading algorithms without learning complex coding languages.
9. Forex Fury Expert Advisor
Forex Fury is a novel Forex EA that is quickly gaining popularity among traders. Several factors distinguish Forex Fury EA from the competitors. It is one of the easiest MT4 EAs to use on the market. It is simple to set up and use, and it includes installation instructions and videos, making it an excellent choice for new traders. The Forex Fury algorithm has been fine-tuned to produce excellent outcomes in today's volatile Forex market.
10. Odin Forex Robot
If you're searching for the best Forex EA to help you take your profits to the next level, Odin Forex Robot might be just what you're looking for. This Forex EA is intended to work with the MetaTrader 4 trading platform and includes features such as built-in risk management that can assist you in achieving success in the Forex market. The MT4 EA also has a number of settings that you can tweak to fit your trading style.
11. Happy Frequency Expert Advisor
Happy Frequency EA trades EUR/USD, USD/CAD, EUR/GBP, EUR/JPY, GBP/USD, AUD/USD, EUR/CHF, USD/CHF, and USD/JPY on MT4. Happy Frequency is a trend, grid, semi-martingale, and hedge strategy hybrid. Happy Frequency requires a VPS, which you can obtain from Cloudzy. This MT4 EA can be configured to trade in only one way, buy or sell, or both directions.
12. FX Classic Trader
FX Classic Trader is the best Forex EA on our list of best Expert Advisors for MT4 because it is an automated trading system for the MetaTrader 4 platform and is intended to trade with non-martingale strategies. FX Classic Trader is a dependable tool that can help you improve your trading profits by 335%.
13. Forex Gump
Forex Gump (appropriate pun intended!) is one of the most famous and effective Expert Advisors for MT4. For profitable Forex trading, this Forex EA employs daily trading and scalping trading tactics. Forex Gump has a 2200% profit margin, making it a dependable MetaTrader Expert Advisor.
14. Athena Expert Advisor
Athena is one of the finest Expert Advisors for MetaTrader 4. Athena, as presented by Chris Svorcik, is an automated system that assists traders in making informed and profitable investment choices. The Athena Forex EA is intended to handle EUR/USD pairs and a variety of securities such as stocks, options, and futures. The software is extremely straightforward to use and can be used by both novice and experienced traders. The software also includes risk management features to assist traders in protecting their assets.
