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FRZ No Nonsense Forex Strategy EA Robot

Signal based on this EA: https://www.mql5.com/en/signals/805695

Important Instructions:

  • Make sure you download the necessary indicators from here or here and place those indicators directly under the indicators folder of your MT4 (You don’t need to run them but just keep them)
  • Make sure you set "Enable Indicator Monitoring" as "True" when you run the EA otherwise it will not work correctly
  • Back testing may not produce accurate results as news are not tracked and some logics used in EA do not work properly in back testing.
  • Please follow the installation procedure given here: https://youtu.be/p-C2w8jxmtM

FRZ No Nonsense Forex Strategy EA is based on the popular NoNonsense Forex Strategy (NNFX) introduced by VP.  NNFX is a strictly rule-based manual strategy with strict risk management techniques to be used on daily charts. We have fully automated the NNFX strategy and our EA can take both initial and continuation trades. 

We have tested many different indicators and settings and decided on our algo/indicators and optimal settings after extensive back/forward testing. You can always do a DEMO test before moving to a real account.

The EA uses no martingale, grids, hedging, averaging or anything such. Just one trade per chart at any given time with pre-defined SL & TP.  EA may take few or more trades a week. It is recommended to have as many charts as possible to increase trading. Please use a VPS with sufficient resources.

Other features:

  • EURO FX VIX: EA will automatically access EURO FX VIX index from barchart.com and take that figure in deciding on the trading pattern/continuation trades.
  • Inbuilt news filter: EA will automatically access upcoming news from investing.com and avoid trading during news times. It also features a news spike guard where SL is tightened during news events if there are on-going trades.
  • Week-end fluctuation guard –  Trades that stay over the week end will also be subject to tightened SL to reduce the risk of large fluctuations during the weekend.
  • Related pair avoidance – EA will recognize co-related pairs and avoid having concurrent trades in related pairs in order to reduce the duplication of risks.
  • Ranging market identification – EA has a special algorithm inbuilt that can effectively identify the ranging markets and avoid trading in them.

Disclaimer:

We are NOT affiliated in anyway with the original creators of NoNonsense Forex Strategy and this product has NOT been endorsed by the original creators of NoNonsense Strategy in any manner. This EA is simply based on our own research on the possible indicators and settings in accordance with rules introduced under the so-called NoNonsense Forex Strategy.


NB: We recommend ICMarkets as a broker. If you like, you may use our Introducing Broker (IB) code "23649" in ICMarkets registration or transferring existing accounts to receive a life time discounts on broker commissions and spreads.

  • For Raw Spread accounts, ICMarkets normal commission rate is $7 per lot but if you are under our IB code, you are charged only $5.5 per lot forever. You save $1.5 per lot forever (And spread will remain the same as before).
  • For Standard Accounts, you get a 0.3 pips discount on the normal spread on each trade forever. 

If you are already an ICMarkets customer, you can simply ask ICMarkets to transfer the existing account under our IB code. This discount will be automatically given to you immediately after you have registered or transferred your account under our IB code. There is no catch here. Your other terms and conditions remain the same as before. You can get out of our IB any time by informing ICMarkets.

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BuySellProf
Yurij Batura
Multipurpose expert. The issue of choosing a target is solved - the direction of price movement. Locking and hedging is the main principle of this advisor. According to the law of harmonic oscillations, the price always returns to its original position sooner or later, and the forex market is no exception. Balancing simultaneously multi-directional orders.   The expert is very effective in conditions of high volatility (lack of certainty of the direction of price movement, news output).  In the
2 500 USD
DYJ TrendWave EA
Daying Cao
DYJTRENDWAVE features an advanced algorithm that detects new trends and current trend continuations for use as an entry strategy. DYJTRENDWAVE's volatility is based on the power of buyers and sellers, it grabs total body size of candles and identifies the battle between buyers and sellers as a percentage of the total volume, like Sellers: (-)100% and Buyers: (+)100%. This information can be used for any entry and exit strategy. For bullish/Long Pin bar it is below the price line, for bearish/Sho
12 500 USD
GerFX QuantFlow Scalper
Exler Consulting GmbH
Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore do not give a realistic prediction of future profitability. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss, but stil
900 USD
Ultimate Scalper Expert Advisor
Hemant Agarwal
This EA detects fast moving trend and opens and closes buy/sell position in jest few seconds only. Life of a trade is of only few seconds, that's why it is called Ultimate True Scalper EA. Recommendations for this EA: Please use given .Set (preset) file for better results from this EA. EA default settings may not be optimum so preset file must be used. You may find this .Set file in Comments section. EA gives best results on GBPUSD, Minutes-15 time frame. Broker should be 5-dgits. Broker shou
899 USD
EuroScalperPro
Tran Tan Phuoc
1. It works on 1 minute chart, but you can attach to any chart. 2. It just needs 100 USD to start. Better leave it alone for 6 months or 1 year then check the account for a surprise. The leverage should be from 300. 3. It does not open regular trades, and does not trade everyday. It trades in special circumstances when there is the intervention of big players like banks or financial institutions. 4. You cannot expect it to make all profits, but after 1 year, you can expect a surprise. Backtest
1 000 USD
Flicker Signature
How Si Xiang
Telegram:   https://bit.ly/350iiJd Discord:   https://bit.ly/3kPaBvG Designed for FTMO Server only ; Minimum $25,000. Start when Market opens for the day on Monday  (@6:00AM +8GMT). 25K Challenge:  https://bit.ly/3iQDvKr Current Trial:  https://bit.ly/33IBUSE INTRODUCTION Flicker is a trend-based Expert Advisor, strictly using only Moving Averages which user can fine-tune according to one’s liking. Flicker was created with the hope of solving the following issues: 1.   Flicker can set Trend o
1 999 USD
EA Genetic Generation
Alexander Ivanov
Автоматически торгующий советник, в нем заложен генетический алгоритм саморазвития советника, в ходе торговли накопляет информацию о рынке и результатах торговли, и рассчитывает дальнейшее развитие рынка. И постепенно развивает генетический алгоритм адаптируясь на рынка. При получении сигнала открывает ордер BUY или SELL, сделки выходят со стоплоссом и тейкрофитом, при получении профита включается трейлингстоп. Нет мартингейл, нет хеджирования. Тестирование провел на валютных парах GBPNZD, GBPA
1 000 USD
EasyTrading Reversal Expert
Camille Huot
O Expert AlwaysWin é um robô totalmente automatizado que abre/fecha ordens no mercado para você , ele tem uma configuração muito simples, em que você o mantêm em total сontrole . O que é Forex? O que é um Expert? Forex significa Foreign Exchange. Você pode trocar dinheiro (dólares, euros, ienes, libras ...) e lucrar com suas variações. Para negociar Forex, você simplesmente precisa de uma conta Forex, que pode ser aberta a partir de muitas corretoras de Forex disponíveis. Eu tenho contas em mu
997 USD
Banking FX
Alexey Gudima
A multicurrency Expert Advisor trading a balanced portfolio consisting of nine currency pairs. Trading Strategy The strategy is based on a trend following principle. It joins the medium-term trend during completion of the rollback. A trading position for each instrument is formed gradually - it may consist of several trades in the same direction. All deals are protected by stop loss orders. Profit is locked in by take profit orders. The EA trades around the clock, five days a week. The volume
1 200 USD
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