Forex Alchemist FREE Download

Pankaj Bhaban the Most rated registered MQL developer since 2010, over 9.6 ratings since the start, completed more than 200+ strategies presents Fx Correlation EA Launched March 2014.
For all sizes of Forex Traders to gain the most out of all market conditions with fully automated trading.

Fx Correlation is a fully automated Expert Adviser with 1 click installation and 24X7* online Support


Correlation strategy used by many professional and bank traders for hedging position with its Correlated pairs to reduced exposure and risk while trading. Fx Correlation uses negatively Correlated pairs for pool execution which hedges each other to reduce and increase profits Eg. GBPUSD — EURGBP

Forex Alchemist FREE Download

Different Size of Accounts Yet same Performance, average monthly returns 30%

  • You are free to select the broker of your choice our EA works perfectly on all MT4 Supported brokers without any limitation, with balance 200$ whereas leverage 1:100 or higher recommended.
  • Our EA works on all types of accounts though mini, micro, ECN, STP whatsoever, runs with minimum PC hardware, VPS is recommended.
  • Fx Correlation EA takes consideration of all news times as well as high volatility also comes with hidden TakeProfit and StopLoss to avoid stop loss hunting making sure trades reach their targets.
  • All types of updates as well release are auto-updated in EA and notified too, all features updates come absolutely free with lifetime validity.

News Time – No problem Fx Correlation is made to withstand all kind of fundamental news and high volatility due to it , also it has kept TakeProfit and StopLoss hidden to avoid stop huntings.

Performance – With recommended settings a decent monthly 30% returns can be achieved, where as one can raise performance to even 200%+ by increasing Lot Size hence risk.

Account Size – Works with account size as low as 200$ & as big as 300,000$ generating over ~ 30% a month! Safety remains the same for all accounts.


  • Minimum account balance of 500$.
  • It’s a correlation strategy, Best settings for this EA are given below in How to Install.
  • Work Best on M15 Timeframe (any Timeframe)
  • To reach stable results, This Forex Correlation Robot should work 24/7 on VPS. So we Recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
  • Low Spread ECN account is also recommended (Find the Perfect Broker For You Here)
  • Open EURUSD, GBPUSD, and USDJPY charts only & set all of them to a 15M timeframe.
  • Attach “Fx Correlation update 1.3” EA to these 3 charts with the following settings
    • Lot =0.01 for each 500$
    • TakeProfit = 2.5 for each 0.01 lot for 0.04 lot use 10
    • StopLoss= 0 (EA will close order on reversal of entry signal)
    • Make sure all three EA has different magic numbers

EA input parameters “symbol1” & “symbol2” are different for different charts as follows.

  • EURUSD chart symbol1=EURUSD & symbol2=USDCAD
  • GBPUSD chart symbol1=GBPUSD & symbol2=EURGBP
  • USDJPY chart symbol1=USDJPY & symbol2=EURJPY

Note: In case of your broker has any suffix after pair name like EURUSDm, EURUSDecn, EURUSD…, EURUSDpro please enter the same in EA symbol inputs too.

Forex Alchemist FREE Download
Forex Alchemist FREE Download