Free Forex Robot Results: Which ones I'm trading in 2024

In this video, we are diving into the performance of 5 free Forex robots sourced from the MQL 5 Marketplace. Despite the current negative balance, it's crucial to note that not all robots have underperformed. Through meticulous tracking on MyFxBook, we'll uncover the standout performers and discuss their potential for transitioning to live trading.

Let's start by reviewing the performance of each bot:

Shuttle Runner: Initially promising, but after incurring losses amounting to 4.56% or $456, it was withdrawn from the account. Remember, thorough testing on demo accounts is imperative before considering live trading.

BOTAGI: Despite an impressive initial surge, BOTAGI's strategy, marked by a large stop loss and small take profit, resulted in significant losses, with a single trade wiping over $1,000. Consequently, it's deemed unsuitable for live trading.

Stratos Bora: Showing potential with a modest profit of 0.46% or $46 within a short span, Stratos Bora's advanced features make it a candidate for further exploration. Stay tuned for a comprehensive guide on leveraging its capabilities.

Cadence FX: Cadence FX has demonstrated consistent profitability with two different sets of trades, one on USD/CAD and the other on AUD/CAD. Its low drawdown and impressive gains make it a strong contender for live trading, utilizing set files provided on YouTube and Patreon.

BF News Trader: Unfortunately, BF News Trader couldn't perform optimally due to limitations in the demo account environment, resulting in its removal from consideration.

If there are other robots you'd like us to explore, drop your suggestions in the comments below.

Channel Recommendations:

Thank you for watching and feel free to comment with any questions!
@sicforex

Risk Disclaimer:
All information in this video is for educational purposes only and does not constitute investment advice or a solicitation to buy or sell any financial instrument. Trading may expose you to a risk of loss greater than your deposits and is only suitable for experienced investors with sufficient financial means to bear such risk. Don't risk money that you are not willing to lose.

DISCLAIMER: Some links included in the description might be affiliate links. So I might receive a small commission if you use my links. But there is no additional charge for you! Thanks for supporting my channel.

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[sicforex]

Hey Traders, feel free to comment with any questions you might have about the robots featured in this video or any feedback you might have about trading them. Heinz

[lawrencel]

Thanks for the great insights. I have one question. Why is dark venus not one of the bots you would use ? Did it not perform well in live account?

[bigrichglynn]

Love your videos. Ran across neon shadow recently, back testing did very well over a three-year period with rather standard settings. Almost too good to be true.

[digitalarthype]

Ty for another great video Heinz :)
No Dark Venus or FRZ? :)

[NiloFlorido]

Do Cadence FX and Stratos Bora use averaging, grid and martingale? Thx

[leroylubisi]

I would like to know, did you get these results after you used your revised settings used in the Set Files you shared on other videos?

I'm asking because I recently discovered your channel and would like to test your settings on a Demo account.

If so then this video will have saved me months of backtesting.

So far I've been running your setting for the Cadence EA for two weeks and am quite happy.

[sergeydzhenganin]

Hi, Could you test Gold Edge EA, please.

[DianRomana-qnkv]

hello Sir. I am sorry, I request again for free EA. please review about gold gridscalping, that's very good on real account. I try that's EA for 1 month, very good results. Thank you

[kartikaymalhotra]

Hii from where we can buy ur patreon subscription and one more tbing im from india there is no paypal