WrenFX EA is a free, AI-driven Forex Expert Advisor designed to analyze price movements and forecast short- to medium-term trends. By trading during specific hours, this EA accurately predicts price directions for the next few hours or days, allowing users to set custom risk levels and target profitability. The system generates consistent daily trades with strong profitability.
Key Features
Risk Management: Employs a low drawdown approach and avoids risky methods like martingale, grid, or HFT, making it effective even on smaller accounts.
Optimal Pairs and Time Frame: Best suited for EURUSD, USDCHF, EURCHF, and USDJPY on the 1-hour time frame.
Trend-Following Strategy: Operates on higher time frame trends while pinpointing reversal points on lower time frames for ideal entry.
Flexible Lot Sizing: Supports both fixed and auto lot sizing, adapting transaction sizes based on user criteria.
Recommendations for WrenFX EA
Minimum Account Balance: $200.
Optimal Currency Pairs: EURUSD, USDCHF, EURCHF, and USDJPY (compatible with any pair).
Best Time Frame: H1, though it can operate on any timeframe.
VPS Setup: To maintain 24/7 trading activity and stability, using a reliable VPS is recommended.
Broker Requirement: A low-spread ECN account enhances execution speed and reduces trading costs.
Recommend running this free forex EA on a VPS (Vultr)Low Spread ECN account is also recommended Icmarket and Exness