FRZ No Nonsense Forex Strategy EA is based on the popular No Nonsense Forex Method (NNFX). NNFX is a strictly rule-based manual trading method with strict risk management techniques. We have created our own EA robot based on the NNFX method (subject to our own modifications) and we have decided on our algo/indicators and optimal settings after extensive back/forward testing. The EA can be used in any timeframe but M15 or higher recommended.
NB: We are NOT connected nor affiliated with NNFX creators and the indicators we use are decided by us based on our own research and there can be modifications to the original rules based on our testing and optimizations.
Salient Features:
- EURO FX VIX: EA will automatically access the 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.
- Ranging market identification – EA has a special algorithm inbuilt that can effectively identify the ranging markets and avoid trading in them.
- Avoiding related pairs – EA will not take concurrent trades from relatable pairs. For example, if a trade is opened on EURUSD, then the EA will not open another trade that has either USD or EUR.
Real Account on fxblue
Monthly Return %
EA Specs
| Product name | FRZ No Nonsense Forex EA |
| Current version | 13 |
| Platform supported | MT4 |
| Timeframes supported | Any (M5 or M15 recommended) |
| Recommended pairs | Any currency pair |
| Recommended broker | EA works with any forex broker. EA is FIFO compliant and supports US brokers as well. However, we can recommend ICMarkets. You can get 30% lifetime discount on spreads and commissions if you use our IB code: 23649 in ICMarkets new registrations or transferring existing accounts. However, if you want to join our VIP Club, then you need to use ICMarkets IB Code: 60207. FRZ No Nonsense Forex EA MT4 |
| Recommended deposit | $500 Minimum on 500:1 leverage. If leverage is less than this, you may have to increase the minimum deposit. Cent accounts can also be used. |
| License | The license quantity represent the no. of trading accounts that you can use the software simultaneously. You can download the software instantly after the payment but you need to inform us your account number/s for licensing for activation. The account licenses can be transferred to a different account on a nominal transfer fee. Existing customers are entitled for free updates subject to our terms. The full details on the licensing policy is given here. The full terms and conditions including the refund policy are given on this page. FRZ No Nonsense Forex EA MT4 |
| VPS requirement | You need to run the EA 24/7. VPS is recommended unless you can keep your PC running 24/7. We can recommend this provider as a VPS provider, which is fast and affordable. 4GB RAM VPS is enough for this EA. FRZ No Nonsense Forex EA MT4 |
| Support | Personalized support (remote desktop/providing set files) on first installation/automation (please request within 14 days of purchase). General live chat, support ticket and email support are available thereafter. However if you need personalized support (remote desktop/providing set files) for any installation/automation beyond this scope, you can always hire one of our experts at an additional fee. More details on support is given here. FRZ No Nonsense Forex EA MT4 |
A good VPS server is recommended for this EA as it needs to be running 24/7 on many charts.
How to Install:
- Go to MT4>Options>Expert Advisors and tick “Allow web requests for listed URL” and then add following URLs:
- http://ec.forexprostools.com/
- http://worldclockapi.com/
- https://barchart.com/
- Copy the EA to the Experts folder
- Load the EA to each of the charts
- Change settings if necessary as per the user manual
Full user manual is available in the knowledgebase.
Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
NB: We are NOT affiliated nor connected in any manner with the original creators of the NoNonsense Forex method and this product has NOT been endorsed by the original creators of the NoNonsense method 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 method subject to modifications based on our research and testing.
Gasto Muñoz –
Wow. Really good. never thought NNFX can be automated well done.
Yijun Sousa –
Great work, great support. doing well so far.
Hilario Haig –
Well done. It has captured all the NNFX rules. News filter works good. Running for one month. 7.8% return. Not bad for non-martingale EA. thanks for install support
Kanish Sharma –
Overall good. It doesnt make frequent trades but so far maintained around 65% winning rate. Good support team.
Daniel –
High winrate and small drawdow but infrequent trades. Good support.
Yenku H –
This is great. Good performance
Jenifer Lusino –
Works fine with 18% return last month; it doesn’t make trades every day; so you need to have more charts.
Helena Clerk –
well worth the cost. You need to be patient with this EA. It makes money for sure. Probably the best robot I ever purchased
Widan J. –
Worth the money. Its a slow but steady robot.
Henry K –
Really good investment. The new version is even better. Quite steady returns. Thank you for great support for installation
Ronald W Hoard –
I’ve had it on a demo account for the last month. Its doing about 10% return for August.
ForexRobotz –
congrats. And what is great that this is without using any risky strategies like martingale
Jaun Kueinra –
Very impressive. Doing good so far. What I like is the fact that it has no martingale, grids and stuff like that. So you are guaranteed that your account will not be blown over night. A slow but steady approach. Thank you for great support and advice.