Forex FalconF4
by Oleksii Ferbei · MT4
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Summary
Forex Factory News EA is an inexpensive MT4 expert advisor priced at $30 with a community rating of 4.09/5 and no verified live stats. Retail traders comparing it to alternatives should weigh platform compatibility, price, strategy type and broker rules. Several alternatives carry perfect 5/5 ratings but also higher prices and in some cases MT5-only builds. None of the listed products have verified public trading stats, so backtesting and small live trials are essential. FxRobotEasy independently reviews all products and recommends cautious testing under realistic spreads and risk controls.
Retail forex traders compare Forex Factory News EA with alternatives to balance cost, platform compatibility and strategy fit. News-driven and event EAs appeal to traders seeking automated reactions to macro releases, but differences in design, supported terminals and price can materially affect outcomes. Some alternatives are MT5 builds or have different risk profiles and pricetags, while the main product targets MT4 users at a bargain price. Because none of the listed products have verified live stats, comparison focuses on features, support and practical trade execution constraints. FxRobotEasy independently reviews each product to help traders decide objectively.
| Metric | Forex Factory News EAMain Product | Scalperology Ai Our bot | Forex FalconF4 | Forex Engine EA | Forex GOLD Investor | Forex Dream X |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | N/A | 0.0 | N/A |
| Price | $30 | $149 | $1299 | $745 | $167 | $1500 |
| ROI | -8.2% | N/A | N/A | N/A | N/A | N/A |
| Max Drawdown | 18.5% | 12.1% | N/A | N/A | N/A | N/A |
| Win Rate | 48.9% | 67.1% | N/A | N/A | N/A | N/A |
| Profit Factor | 1.46 | 2.13 | N/A | N/A | N/A | N/A |
| Total Trades | 19 | 884 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Forex Factory News EA, authored by Aleksei Moshkin, is a budget-friendly MT4 expert advisor priced at $30 with a community rating of 4.09/5. Strengths include affordability and MT4 compatibility for traders on that platform, and a design aimed at handling news-event trading. Weaknesses are the lack of verified live performance statistics and the risks inherent to news trading: fast spreads, slippage and sudden drawdowns during major releases. This EA suits traders who want a low-cost, MT4-compatible tool to automate event-based setups and who can test on a demo or small live account. Prospective buyers must consider broker constraints—many brokers widen spreads or impose execution limits around news—so realistic testing under your broker’s conditions is required. FxRobotEasy independently reviews this and other products so traders can compare features and limitations objectively.
by Oleksii Ferbei · MT4
by Pablo Salgado · MT4
by Lachezar Krastev · MT4
by Samir Arman · MT4
Forex Factory News EA is an affordable MT4 news-event EA with a solid community rating of 4.09/5, but it lacks verified live statistics. Its low price makes it attractive for MT4 users who want to experiment with automated news reactions, provided they accept higher execution risk around releases. Alternatives generally carry 5/5 ratings and higher price points, and several are MT5-only, so platform compatibility is a key decision factor. None of the compared products have verified public stats; FxRobotEasy independently reviews each product and recommends rigorous backtesting and small, controlled live trials before committing capital.
Forex Factory News EA is worth considering if you run MT4, want a low-cost entry to automated news trading, and accept the risks of event-driven strategies. It is priced at $30 with a 4.09/5 rating but has no verified live trading stats. Before buying, backtest extensively, demo it under your broker’s spreads, and run a small live trial to check slippage and drawdown in real news environments.
The best alternative depends on your platform and strategy preference. If you use MT5 and want structured reversal logic, PZ Stop And Reverse EA MT5 ($149, rating 5) could fit. For pivot strategy fans on MT5, EA Pivot SR mt5 ($95, rating 5) is an option. All alternatives listed have 5/5 community ratings but no verified live stats, so match platform compatibility and test before committing.
Broker rules, spreads, and execution quality materially affect EA results, especially for news or high-frequency strategies. Spreads often widen at news, increasing slippage and drawdown risk. Some brokers limit or re-quote during volatile events. Always test any EA under your broker’s real spreads and execution conditions, use realistic slippage parameters in backtests, and consider risk controls like maximum lot sizing and drawdown limits.
While evaluating Forex Factory News EA and its alternatives, consider Scalperology Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
12.1%
Max Drawdown
67%
Win Rate
884
Total Trades