Neurotron EA is a free MT4 Expert Advisor designed to trade at the opening of the London session, leveraging classic indicators for market analysis. Although it claims to use neural network analysis and artificial intelligence, these features may be overstated. Here’s a closer look at what Neurotron EA actually offers.
Features of Neurotron EA
Focus on the London Session: Neurotron EA is programmed to capitalize on the increased volatility seen during the opening of the London trading session, a time known for early price reversals that can offer profitable trading opportunities.
Core Indicators: 
- Commodity Channel Index (CCI): Used to identify overbought and oversold market conditions, providing signals for potential reversals.
- Bollinger Bands: Applied to measure market volatility, this indicator helps to define high and low price levels, giving a clearer context for market entry.
Trading Mechanics of Neurotron EA
- Multiple Trades Per Cycle: Neurotron EA can initiate up to 7 trades per signal cycle on each currency pair, aiming to enhance profit potential. While this strategy could increase gains, it also brings added risk that traders should consider carefully.
- Individual Stop Loss for Each Trade: Every trade is secured with its own stop loss, helping to limit potential losses and adding an extra layer of safety.
Performance Considerations
The developers claim a high win rate due to its indicators and supposed AI capabilities. However, these claims should be treated with caution, as backtesting and independent verification are essential for a clear assessment of the EA’s performance.
Recommendations for Using Neurotron EA
Minimum Account Balance: A minimum balance of $500 is recommended to support Neurotron’s trading strategy.
Recommended Currency Pairs: It works best on GBPUSD and EURCHF, with set files available for these pairs, though it can be used with any currency pair.
Optimal Time Frame: The EA is optimized for the M15 time frame.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
