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Crow 2016 MT4 FOREX expert advisor

This expert can be used to rapidly test setups for standard black crows and white soldiers forex strategy. By adding MACD as trend filter, success rate was increased. Expert doesn't produce very impressive results and we were able to find profitable setting in 4H chart.

Crow 2016 MT4 FOREX expert advisor

Used indicators:

Bollinger bands: Breakout of outside tunnel boundaries coupled with three consecutive bullish/bearish candles is considered an entry signal, if confirmed by the MACD trend filter.

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Crow 2016 MT4 FOREX expert advisor

MACD trend filter: Short trades entered only if MACD histogram is less than zero. Buy trade is entered only if MACD trends above zero.

Crow 2016 MT4 FOREX expert advisor

Three consecutive bullish candles – buy signal.

Three consecutive bearish candles – sell signal.

It is possible to increase take profit in inputs (add to profit input).

Notes to input:

Crow 2016 MT4 FOREX expert advisor

  1. Expert advisor is provided freely as it is.

  2. For your own benefit, test is both on historical data and forward demo data.

  3. Live use only on your own risk.

  4. Is this expert advisor working as described ?

  5. Was it helpfull?

  6. Please let us know in the comments !


We recommend you to use this forex strategy with one of our trusted forex brokers (STP/ECN with MT4 bridge).

To win you must trade with broker on your side.

Dislaimer: Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer.

TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.



“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 


Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of

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