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Free Forex Robots/Indicators/EA MT4 MT5 - Overview Daily

Low Risk Forex EA ?Free Expert Advisor for MT4

Trade safer and smarter with the Low Risk Forex EA, a free forex robot designed for stability, consistency, and minimal drawdowns.
MT4 compatible
Automated low-risk strategy
Free download
Download here: Low Risk Forex EA Free Download

#LowRiskForexEA #FreeForexEA #SafeTrading #MT4EA #ForexRobot #ForexCracked
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Free SuperTrend Oscillator Indicator for MT4 & MT5 (Trend + Strength Tool)

Traders,
Here抯 a free MT4/MT5 indicator I抳e been testing: SuperTrend Oscillator.
It gives clean trend direction, strength, and reversal signals without repainting.
Features include:
Trend strength visualisation
Momentum detection
Pullback confirmation
Works on any market/timeframe
Zero-lag histogram & signal line
Download:

https://www.forexcracked.com/forex-indicator/supertrend-oscillator-indicator-for-mt4-mt5-free-download/

Would love to hear different settings or strategies used with it.
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Just added a new EA update on the site ?Pharaoh Gold EA for MT4.
Attached Image (click to enlarge)
Click to Enlarge

Name: Pharaoh-Gold-EA-MT4-FREE-Download-ForexCracked.com_.jpg
Size: 73 KB



It抯 designed specifically for XAU/USD breakout and trend setups with built-in risk filters and momentum detection. Good option for traders who automate their gold strategies.
Free download is available here:
https://www.forexcracked.com/forex-e...free-download/
If anyone tests it, feel free to share your settings or feedback.
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[New Tool] Advanced Automated Forex Robot V12

Added a new adaptive grid system to the daily list.
Strategy Overview: This is not a standard "set and forget" grid. It uses a News Filter to pause execution during high-impact events. We noticed it performs best on EURUSD H1, specifically when capitalizing on the mean reversion during the US/Asian crossover.
Drawdown Warning: While the V12 update handles small trends well, please be careful with the 'Grid Step' parameter. The default settings are a bit aggressive for small accounts ($200). We recommend increasing the Step size to reduce trade frequency.


Link: https://www.forexcracked.com/forex-e...free-download/
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
New Review Added: Multi-Currency Grid Robot

We've added a new tool for those interested in Portfolio Gridding.

Technical Observation: The key advantage of this specific EA is the correlation management. By trading pairs like AUDCAD and NZDCHF (which often range) alongside majors, it offsets the drawdown when one pair trends.
Setup Tip: Be careful with the "Night Market" settings. On some brokers with high spreads at 23:00 GMT, the dynamic stop-loss might trigger prematurely. We recommend using a Raw Spread/ECN account to prevent this.

Pairs List: It is pre-configured for 17 pairs, but you can manually disable the volatile ones (like GBPUSD) in the inputs if you want a safer run.
Download: https://www.forexcracked.com/forex-e...free-download/
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Dual-Trendline Breakout Scalper (Gold Special)

We have added a new Price Action EA specifically for XAUUSD.
Strategy Logic: Instead of using lagging indicators, this EA draws dynamic trendlines (a fast one and a slow one). It looks for the moment price squeezes and breaks both lines simultaneously.
Performance Note (Crucial): The live data shows an 88% Win Rate, but be careful. The Risk:Reward is inverted (meaning stops are wider than targets). This requires a Low Spread Broker (Raw/ECN) to work effectively. If your spread on Gold is >20 points, the scalping logic will fail.
Download & Backtest: https://www.forexcracked.com/forex-e...free-download/
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Update: Extreme Spike MTF (Volatility Filter) Added

[New indicator] Extreme Spike MTF Indicator
We just archived a new volatility tool that is useful for spotting exhaustion wicks on Gold (XAUUSD) and Indices.
How it works: Unlike standard RSI/Stochastic which can stay overbought for hours, this indicator measures Price Velocity (speed of the move) relative to the mean. It prints a signal when price stretches "too far, too fast."
Best Use Case (False Breakouts): I've been testing this on the M15 timeframe to catch "Stop Hunts."

  1. If price spikes hard into a Support level AND the indicator prints a Blue Dot, it often signals a V-shape reversal (liquidity grab).
  2. MTF Feature: You can set the indicator to monitor H4 volatility while trading on M15, keeping you aligned with the higher timeframe trend.

Download & Guide: You can grab the ex4 file and read the full breakdown here: https://www.forexcracked.com/educati...mtf-indicator/
Note: For Gold, I recommend increasing the sensitivity setting slightly to ignore the small $2 noise.

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[New Archive] Forex Scalper EA - Non-Martingale Logic
We have archived a new H1 Scalper that focuses on capital preservation.
Technical Overview: Unlike the usual grid bots we see, this EA takes a "sniper" approach.

  1. Win Rate: ~80%
  2. Risk Profile: Negative R:R (Small wins, larger stops), but compensated by high accuracy.
  3. Drawdown: Maintained <13% during the test period.

Broker Warning: The average profit is only ~1.6 pips. This means it is strictly for Raw/ECN brokers. Do not attempt this on a Standard account.
Download: https://www.forexcracked.com/forex-e...free-download/

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[New Archive] Medici Forex EA - Audit Results

We've archived the Medici EA for Gold.

Technical Observation: Ignore the "Neural Network" marketing on the sales page. The input parameters confirm it is an RSI + ZigZag strategy.

Performance Note: In our backtest (Feb-Dec 2025), it showed a Max Drawdown of 7.69%, which is very low for a Martingale on XAUUSD. However, be aware that the default settings appear to be Short-Biased (it took 45 Shorts and 0 Longs).
Recommendation: Good for a "Bearish Gold" portfolio, but needs optimization to trade both ways.

Download: https://www.forexcracked.com/forex-e...ance-analysis/
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[Archive Update] Forex Real Profit EA (FRPEA)

We've added the latest build of FRPEA to the database.
For those asking about longevity: This is one of the few commercial EAs that has a verified Myfxbook spanning over a decade (Since ~2013).
Technical Note: It relies heavily on Cross-Pair Mean Reversion (EURAUD, EURCAD). In 2026, these pairs have been ranging nicely, which suits the logic.

  1. Warning: Do not run this on a Standard Account. The average take profit on some pairs is only 7-10 pips. Spread + Commission will kill the edge. Raw Spread only.

Download: https://www.forexcracked.com/forex-e...ance-analysis/

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[Archive Update] FXStabilizer Pro (Unlocked)

We've added the FXStabilizer Pro to the repository.
For those unfamiliar: This is the specific build that includes both Durable and Turbo modes.
Technical Note: The "Durable" mode on AUDUSD has historically been the most robust setting (live data since 2015). It uses a wider grid calculation than the EURUSD set.

  1. Value: The vendor charges ~$739 for this, which is steep for a Grid EA. We've unlocked it so you can backtest the claims yourself without the cost.

Download: https://www.forexcracked.com/forex-e...-739-for-free/

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[Archive Update] Gold Cycle Trader EA

We have uploaded the Gold Cycle Trader strategy.
Technical Overview: This EA attempts to apply Time/Volatility Cycle theory to XAUUSD.

  1. Observation: It seems to perform best during the London/NY Overlap, where cycles are most defined.
  2. Caveat: Be careful during the Asian session. Gold cycles often flatten (low liquidity), which can cause the EA to open "stale" trades that drag on.

Download: https://www.forexcracked.com/forex-e...gold-strategy/

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[Archive Update] Babe Blade Algo EA ($1,500 Unlocked)
We've added the Babe Blade Algo to the repository.
Technical Note: This falls under the "High-Ticket Scalper" category.

  1. Hypothesis: Based on the "Blade" naming convention, expect short hold times and tight stops.
  2. Broker Reqt: Do not even bother testing this on a Standard account. You need Raw/ECN spreads to beat the commission + spread cost on these types of entries.

Download: https://www.forexcracked.com/forex-e...1500-for-free/

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
[Archive Update] Multipair Forex MT5 EA
We've added a dedicated MT5 Multipair tool to the list.
For the coders/techs: This utilizes the MT5 OnTradeTransaction and multi-symbol loop capabilities.

  1. Feature: It trades a basket of pairs from a single chart instance.
  2. Efficiency: Backtesting this in MT5 Strategy Tester allows you to see the interaction between pairs (portfolio backtest), which is impossible on standard MT4.

Download: https://www.forexcracked.com/forex-e...free-download/

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Just reviewed Dark EA in detail - wanted to share my findings.
Quick Summary:

  1. Platform: MT4
  2. Timeframe: M5
  3. Pairs: EURUSD, GBPUSD, GBPJPY, EURGBP, EURJPY

What I verified in the code:

  1. No Martingale - Confirmed. Uses fixed lot sizing.
  2. Uses unique "non-linear" entry logic, not standard indicator crossovers
  3. Aggressive trailing stop that locks profits quickly
  4. Spread filter pauses trading during high spreads

Pros:

  1. Low drawdown risk
  2. Profit-locking mechanism works well
  3. Spread protection is crucial for M5

Cons:

  1. Needs low-latency VPS
  2. ECN broker recommended
  3. Hard-coded parameters

Best for traders with VPS + ECN setup.
Full analysis: https://www.forexcracked.com/forex-e...free-download/
Anyone tested it live?

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
New indicator update

Just released the ForexCracked Trend Breath Indicator ?a free trend-following system for MT4.

What it does: ?Detects the current trend direction ?Generates arrow signals ONLY in the trend direction ?Non-repainting ?signals stay fixed after candle close ?Push, email & pop-up alerts included ?Works on all assets and timeframes ?Zero configuration ?attach and go
Best used as a directional filter combined with S/R levels. Like any trend tool, it lags slightly in ranging conditions.

Full review + free download: https://www.forexcracked.com/forex-i...free-download/
Feedback welcome as always.
ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Top 10 Free MT4 Indicators Reviewed ?Complete Strategies + Downloads


Hi traders,
I've completed an in-depth review of what I consider the top 10 free MT4 indicators available right now. Each one was tested for repainting, signal quality, and practical usability.
Selection Criteria: ?Non-repainting signals (verified) ?Clear entry/exit rules ?Works on current 2026 market conditions ?Free to download
The Top 10:

  1. TDI RT Alerts Divergence ?All-in-one RSI + MA + Volatility system
  2. TCL Super RSI ?Adaptive momentum oscillator
  3. Chandelier Exit ?ATR volatility-based exit/trailing stop
  4. SMI Ergodic Oscillator ?Smooth reversal signals
  5. TCL Boll Bands Trader ?Mean reversion system
  6. Wave Trend Oscillator ?The famous overbought/oversold tool
  7. Market Structure Oscillator ?BOS & CHoCH detection for SMC traders
  8. Opening Range with Breakouts ?Session trading tool
  9. Didi Index ?Brazilian breakout prediction method
  10. Super Signal Scalping ?Multi-confluence M5 system

My Favorite: TDI RT Alerts. It literally replaced my RSI, MA, and Bollinger Bands ?all in one subwindow. Much cleaner charts.
Best for Smart Money: Market Structure Oscillator. If you trade ICT concepts, this one auto-marks BOS/CHoCH.
Full review with strategies + downloads: https://www.forexcracked.com/forex-i...t4-indicators/
What's your #1 free MT4 indicator? Curious what everyone's using.

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Bollinger Bands Trader ?Free MT4 Mean Reversion System with Trend Filter


Hi everyone,
Sharing a review of an interesting free MT4 indicator ?the Bollinger Bands Trader by TradeCodeLabs.
What it does differently from standard Bollinger Bands:

  1. Dual-deviation bands ?Plots 2.0 SD and 3.0 SD bands simultaneously. Level 1 entries on the 2.0 band, Level 2 entries on the 3.0 band (rare 3-sigma events).
  2. Trend filter ?Before any signal, the indicator checks three conditions: 50 EMA direction, RSI(14) momentum, and MACD confirmation. If all three confirm a strong trend, counter-trend signals are blocked. This prevents the classic "catching a falling knife" problem.
  3. Dynamic take-profit ?TP adjusts to the Middle Band (20 SMA) instead of a fixed pip target.
  4. On-chart dashboard ?Displays trend status, signal level, calculated SL, and TP.

Non-repainting. Works on all assets and timeframes. 100% free.
The trend filter is the most interesting part. In strong trends, you only get signals WITH the trend (mean reversion toward the trend). In ranging markets, you get signals in both directions.
Full review and download: https://www.forexcracked.com/forex-i...wnload-review/
Feedback welcome. Curious how this compares to your BB setups.

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Free Gold Scalping EA ?ForexCracked Gold Vortex EA (Verified Live Signal: 196% Growth)

Hey traders,
We're sharing the ForexCracked Gold Vortex EA ?a free automated gold scalper for MT4 with verified live results.
Quick Stats:

  1. Pair: XAUUSD only
  2. Timeframe: H1
  3. Growth: 196% in ~6 months (verified live signal)
  4. Win rate: 63.21%
  5. Profit factor: 2.07
  6. Max DD: 21.23%
  7. Avg trade: 23 minutes

Strategy: Controlled martingale + averaging grid with HARD stop-loss on every trade. This is not a naked grid ?every position is protected.
What we like: Hard SL on all trades 2.07 profit factor Recovery factor 4.14 FIFO compliant (US brokers OK)
What to watch out for: Martingale mechanics ?inherent risk 71% long bias ?works great in gold uptrend, questionable in bear market "AI" marketing is cosmetic ?actual strategy is traditional grid
Minimum requirements:

  1. Balance: $1,000+
  2. Leverage: 1:100+ recommended
  3. Broker: ECN with low gold spreads
  4. VPS: Strongly recommended

Free download + full review: https://www.forexcracked.com/forex-e...free-download/
Feel free to share your results if you test it.

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download
Gold Prop Firm Robot ?Free Breakout EA for XAUUSD (Verified Live Signal: 190% Growth)

Hey traders,
Sharing a review of the Gold Prop Firm Robot ?a free automated XAUUSD breakout EA for MT4 with verified live results.
Quick Stats:

  1. Pair: XAUUSD only
  2. Platform: MT4
  3. Growth: 190% in 16+ months (verified live signal)
  4. Trades: 643
  5. Win rate: 71.7%
  6. Profit factor: 2.47
  7. Recovery factor: 9.02
  8. Max DD: 16.05%
  9. Max deposit load: 4.77%
  10. Avg hold time: ~5 hours

Strategy: Breakout entries at key support/resistance with multi-timeframe confirmation. Hard stop-loss AND take-profit on every trade. No martingale, no grid, no averaging.
What we like:

  1. Non-martingale with hard SL/TP ?genuinely safe structure
  2. 2.47 profit factor ?well above sustainability threshold
  3. 16% max DD ?prop firm compliant
  4. Built-in news filter
  5. Dynamic lot sizing based on account balance and DD limits
  6. Trailing SL and TP

What to watch out for:

  1. 69% long bias ?great in gold uptrend, untested in sustained sell-off
  2. Average profit ≈ average loss ($10.50 vs $10.76)
  3. Some monthly volatility (Feb 2025: -6.67%)
  4. Only 16 months of live data

Minimum requirements:

  1. Balance: $200+ (recommended $500+)
  2. Leverage: 1:100+
  3. Broker: ECN with low gold spreads
  4. VPS: Recommended for 24/7

Free download + full review with signal analysis: https://www.forexcracked.com/forex-e...free-download/
Feel free to share your results if you test it. Always demo first!

ForexCracked.com - Free Forex EAs & Indicators for MT4/MT5 Download