Free FXCM Expert Advisors

FXCM EAs · #1 (**permalink**) 03-24-2009, 11:46 AM

Free Technical Indicator EAs

Expert Advisor's (EA) are automated trading tools. The EAs below are offered to you as a free resource. FXCM does not however control or vouch for the accuracy or reliability provided by these EAs. Care should be taken to understand the technical indicator, which currency pairs it should be used for, and which market conditions are most ideal. Traders utilizing an EA do so at their own risk.

If you have questions about any of the strategies please visit our FXCM Programmers in the MT4 Strategy Consulting Forum.

The Awesome Indicator Oscillator trades long and short based upon the color of the Awesome Oscillator. If its increasing it trades long and if its decreasing it trades short. The strategy is designed to always be either long or short in the market. Given that it oscillates, neither stops nor limits are used in this Expert Advisor. CLICK HERE to download.
The Linear Weighted Moving Average Crossover EA trades long and short based upon 2 linear weighted moving averages crossing over each other. When the fast linear weighted moving average moves above the slow linear weighted moving average the strategy buys. When the fast linear weighted moving average moves below the slow linear weighted moving average it sells. The strategy is only in the market based upon 1 signal at a time. The strategy is designed to trigger and only be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The CCI Oscillator EA trades long and short based upon the color of the Awesome Oscillator. If its increasing it trades long and if its decreasing it trades short. The strategy is designed to always be either long or short in the market. Given that it oscillates, neither stops nor limits are used in this Expert Advisor. CLICK HERE to download.
The BollingerBands Range EA trades long and short based upon the Bid price on the graph moving above and below the Upper and Lower levels specified in the variables. The strategy is designed to only trigger and be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The EMA Crossover EA trades long and short based upon 2 EMAs crossing over each other. When the fast EMA moves above the slow EMA the strategy buys. When the fast EMA moves below the slow EMA it sells. The strategy is only in the market based upon 1 signal at a time. The strategy is designed to only trigger and be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The Three Moving Average Crossover EA trades long and short based upon the price action in relation to the position of three moving averages. If the price action moves bellow the three moving averages it trades long, and if the price action moves above the 3 moving averages it trades short. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The Parabolic SAR Oscillator EA trades long and short based upon the position of Parabolic SAR. If its below the bid it trades long and if its above the bid it trades short. The strategy is designed to always be either long or short in the market. Given that it oscillates, neither stops nor limits are used in this Expert Advisor. CLICK HERE to download.
The Two Moving Average with ADX Filter trades long and short based upon signals from crossing moving averages and an ADX filter. When the fast moving average crosses the slow moving average from above to bellow it shorts and when the fast moving averages crosses from bellow to above it longs. This EA uses the ADX indicator as a filter to prevent it from entering trades during range bound markets which are defined as ADX<25. Parameters such as ADX period, MA periods, Stops, and limits may be adjusted to optimize EA. CLICK HERE to download.
The MACD Crossover with ADX Filter is similar to the “MACD Crossover” and the only difference is that this one is not always in the market. This EA uses the ADX indicator as a filter to prevent it from entering trades during range bound markets which are defined as ADX<25. CLICK HERE to download.
The Parabolic SAR with Alligator Indicator is based upon signals from the Parabolic SAR and confirms entries with the Alligator indicator. The Parabolic SAR, which signals changes in market trends, is used to determine points of entry when it changes from bellow to above the price and vice versa. Whenever the Parabolic SAR changes from bellow to above the price it signals to short if Gator indicator confirms that we are moving into a bearish trend, and whenever the Parabolic SAR changes from above to bellow price it signals to long if Gator indicator confirms that we are moving into a bullish trend. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The Relative Vigor Index Crossover EA trades long and short based upon the RVI main and signal lines crossing over each other. When the main line moves above the signal the strategy buys. When the main line moves below the signal line it sells. The strategy is only in the market based upon 1 signal at a time. The strategy is designed to only trigger and be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The Bollinger Trending System with ADX Filter strategy buys when price breaks out above the second standard deviation bollinger band and confirms entries with the ADX index. It sells when price breaks below the bottom 2nd standard deviation band and confirms entries with the ADX index. When the strategy closes back across the first standard deviation the strategy exits the trade. It works best in trending markets. CLICK HERE to download.
The SMA Crossover EA trades long and short based upon 2 simple moving averages crossing over each other. When the fast SMA moves above the slow SMA the strategy buys. When the fast SMA moves below the slow SMA it sells. The strategy is only in the market based upon 1 signal at a time. The strategy is designed to trigger and only be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The Parabolic SAR with ADX Filter is based upon signals from the Parabolic SAR and confirms entries with the ADX index. The Parabolic SAR, which signals changes in market trends, is used to determine points of entry when it changes from bellow to above the price and vice versa. Whenever the Parabolic SAR changes from bellow to above the price it signals to short if ADX filter confirms that we are in a trend which is defined as ADX>25. And whenever the Parabolic SAR changes from above to bellow price it signals to long if ADX filter confirms that we are in a trend which is defined as ADX>25. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The RSI Crossover with ADX Filter is based upon momentum signals from the Relative Strength Index to identify overbought and oversold conditions. When there are overbought conditions it trades short if the ADX confirms that we are in a trending market which is defined as ADX>25. And when there are oversold conditions it trades long if the ADX confirms this. We use the ADX as a filter to make sure we don't enter trades when there are range bound and choppy market conditions. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The Stochastic Crossover with ADX Filter strategy looks to range trade by buying when the stochastic oscillator is oversold and selling when it is overbought. This strategy works best when the market is range bound. The ADX filter is there to limit trading as much as possible when the market is trending. CLICK HERE to download.
The Relative Vigor Index Oscillator EA trades long and short based upon the level of RVI. If RVI main is above the TVI signal it trades long and if its below the RVI signal it trades short. The strategy is designed to always be either long or short in the market. Given that it oscillates, neither stops nor limits are used in this Expert Advisor. CLICK HERE to download.
The Smoothed Moving Average Crossover EA trades long and short based upon 2 smoothed moving averages crossing over each other. When the fast smoothed moving average moves above the slow smoothed moving average the strategy buys. When the fast smoothed moving average moves below the slow smoothed moving average it sells. The strategy is only in the market based upon 1 signal at a time. The strategy is designed to trigger and only be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The ATR Trending System strategy uses ATR based volatility channels. It looks for break-outs above the top channel and breaks below the bottom channel. This system works best in trending markets. The trades exit when the candle closes back across the moving average price. CLICK HERE to download.
The Bollinger Trending System strategy buys when price breaks out above the second standard deviation bollinger band and sells when price breaks below the bottom 2nd standard deviation band. When the strategy closes back across the first standard deviation the strategy exits the trade. Similar to the ATR trending system it works best in trending markets. CLICK HERE to download.
The RSI Oscillator EA trades long and short based upon the level of RSI. If RSI is above the upper level it trades long and if its below the lower level it trades short. The strategy is designed to always be either long or short in the market. Given that it oscillates, neither stops nor limits are used in this Expert Advisor. CLICK HERE to download.
The MACD Crossover EA trades long and short based upon the MACD main and signal lines crossing over each other. When the main line moves above the signal the strategy buys. When the main line moves below the signal line it sells. The strategy is only in the market based upon 1 signal at a time. The strategy is designed to only trigger and be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The BollingerBands Range with ADX Filter EA trades long and short based upon the Bid price on the graph moving above and below the Upper and Lower levels specified in the variables when ADX is in agreement. The strategy is designed to only trigger and be in the market part of the time. There are adjustable stops and limits that you may set to control your exits. CLICK HERE to download.
The Awesome Oscillator Crossover EA trades long and short based upon the change in color of the Awesome Oscillator. If its increasing it trades long and if its decreasing it trades short. The strategy has stops and limits to alter in order to control your exits from the market. CLICK HERE to download.
The Williams Percent Range Oscillator EA trades long and short based upon the level of Williams Percent Range. If WPR is above the upper level it trades long and if its below the lower level it trades short. The strategy is designed to always be either long or short in the market. Given that it oscillates, neither stops nor limits are used in this Expert Advisor. CLICK HERE to download.