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Latest Forex Robots Articles, News & Updates

Welcome to the Forex Robots section of MyFxBots, where automation meets innovation! Here, you'll find the latest updates, exclusive promotions, and insightful analyses dedicated to Metatrader expert advisors. Our content is crafted to boost your trading strategy and keep you ahead in the world of automated trading. Explore performance spikes, strategy breakdowns, and the newest trends in Forex robots, all tailored to elevate your trading experience. Stay tuned for in-depth reviews, special offers, and more as we navigate this exciting realm together!

Posted On: Fri, 26 Jan 2018

This is a Visual Backtest Conducted to Better Understand the Trading Style and Behavior of Volatility Factor Pro version 2.2. This Backtest was for Volatility Factor Pro version 2.2 keeping all of its settings as default, on GBPUSD using a spread of 4.0 in a 99.90% Modelling Quality Dukascopy Tick Data Via a Tickmill ECN-PRO Demo Account with the help of Tick Data Suite v2.2.10.0. Here is the recorded visual backtest report: Volatility Factor Pro version 2.2 GBPUSD 4 Months Backtest Summery View Full

Posted On: Sun, 28 May 2017
Backtesting a Forex robot or a trading strategy is to test its performance to get gives an idea about how it could react with the market in the past and if that reaction and performance was good, it should theoretically continue that in the future, hence the importance of backtesting is non-ignorable! To backtest, you must have saved tick data to your computer commonly obtained either via MT4 history center or Dukascopy, the historical data are free and you can get it easily via MT4 as we will
Posted On: Sun, 23 Apr 2017
The new Volatility Factor Pro version 7.2 has just been released! It is available in the members area for downloading! A small issue related to GMT settings was fixed in this new release. It's not so serious! At the end of last March, most of the brokerage companies have changed their GMT offset with +1 hour. So, it's strongly recommended to restart your MT4 terminals and ascertain that the robot has determined the right GMT offset of your broker. This can be found in the Volatility Factor Pro
Posted On: Wed, 5 Apr 2017

Time is an important element in the trading strategies and algorithms of the majority of Forex Robots and they may also employ News Filter during high impact news and events to avoid large losses. The right GMT offset is then necessary for these Forex Robots to exactly set the trading time and the incoming news and events time.


The Interesting Volatility Factor PRO News Filter Abilities During High Impact News and Events some traders prefer not to trade as some unexpected big movements could occur during these periods that's why an advanced News Filter has been integrated into Volatility Factor 2.0 Pro which can be enabled and configured in the way explained in this article.

[The official world]

Posted On: Thurs, 3 Nov 2016
FxAutomater, the best reputed and most trusted EA provider on the market who are still supporting all of their products, one of which was first released 7 years ago. They have just released their most sophisticated EA they've ever developed WallStreet 2.0 Evolution, it included a game changing tool “Broker Spy Module”, it's the first of its kind that can expose unethical brokers, it'll be an invaluable tool for every trader. The best of WallStreet Forex Robot logic is
Posted On: Thurs, 30 Jun 2016
This is a Visual Backtest Conducted to Better Understand the Trading Style and Behavior of Forex Trend Detector EA v3.0. This Backtest was for Forex Trend Detector EA v3.0 on EURUSD using a spread of 1.0 in a 99% Modelling Quality Dukascopy Tick Data Via a Tickmill ECN-PRO Demo Account with the help of Tick Data Suite v1.4.6. Here is the recorded visual backtest report: Forex Trend Detector EA v3.0 EURUSD 2
Posted On: Tues, 28 Jun 2016
This is a Visual Backtest Conducted to Better Understand the Trading Style and Behavior of RayBOT v4.0. This Backtest was for RayBOT v4.0 on EURUSD using a spread of 1.0 in a 99% Modelling Quality Dukascopy Tick Data Via a RoboForex ECN Real Account with the help of Tick Data Suite v1.4.6. Here is the recorded visual backtest report: RayBOT v4.0 EURUSD 8 Months Default Settings and Risk Backtest Summary View Full Backtest
Posted On: Fri, 24 Jun 2016

This is a Visual Backtest Conducted to Better Understand the Trading Style and Behavior of Volatility Factor Pro EA v7.1. This Backtest was for Volatility Factor Pro v7.1 on EURUSD using a spread of 1.0 in a 99% Modelling Quality Dukascopy Tick Data Via a Tickmill ECN-PRO Demo Account with the help of Tick Data Suite v1.4.6. Here is the recorded visual backtest report...

Posted On: Thurs, 19 May 2016

A new Version 7.1 of Volatility Factor Pro has just been released and can be downloaded for FREE by the licensed members at the official website client area, for those who are still didn't get their copy, they can get the latest version directly after purchasing of the EA. The new version is able to trade with any currency pair and make even bigger profits thanks to the new added advanced settings.

Posted On: Mon, 9 May 2016
BTC & FAPTv2.4 Combo; the latest version of the legendary FapTurbo Forex robot has been released about 6 months ago, and as its developers promised to keep it always up to date for the market, they have just completed the 2016 summer months optimized settings for this version after a hard work since it was released. These updated settings should be available on their official sever and as this version has an auto-update capability, the existing users just need to restart their MetaTrader,
Posted On: Thurs, 7 Apr 2016
In One Day at the end of the last month - Mar 2016 - Forex Trend Detector could pay its lucky traders back with a profit of +$602! It has gained +927 pips; a sum of +$1245 in 18 consecutive profitable trades Just in 3 Days of live trading on the EA developers Official Real Money Account verified by MyfxBook! I think that it's the right time now to get Forex Trend Detector into action and that those who attended that event are now celebrating their huge success! FXAutomater, the vendor and
Posted On: Sun, 3 Apr 2016
In the last week we have started engaging RayBOT on a RoboForex real account, it was performing well over the last half of that week after we've just started our test. On Fri, 1st April, all the currencies traded by the EA which are AUDUSD, EURUSD and USDCAD had their prices suddenly into a high jump, and our hero was there! On both of AUDUSD and USDCAD pairs, it has passed the first arm of the jump but reaped good pips from its rebound that followed in wonderful chart top to bottom trade
Posted On: Thurs, 31 Mar 2016
A few days ago these Tick Data backtests to Live trading results comparison charts were released by Phibase, the vendors and developers of the new amazing RayBOT EA. These results are spanning from the 1st Feb to the 18th March 2016 and here they are (to enlarge an image, left click on it): Comparison Results For AUDUSD Comparison Results for EURUSD Comparison Results for USDCAD Brief Analysis of RayBot Backtest / Live Comparison The backtests used for this comparison were performed using tick
Posted On: Mon, 30 Nov 2015
As FxAutomater; the developers of Forex Diamond EA, have received numerous requests from their customers over the last few months, they have finally added a News Filter to their decent EA. This will be favored by trades who prefer to avoid trading during high-impact news events, this was included in a new version 5.0 of the EA with other interesting new features. Visual Risk Level Indication This is to make it easier to define the risk level to be used in trading, so: Low Risk is considered if
Posted On: Fri, 20 Nov 2015
Sometimes it's hard to decide whether to trade manually or to employ some automated trading tool. Automated trading is preferred by some over manual trading due to the feel of reassurance acquired for that automated tool being created and tested before by some professional trader. On the other hand, manual trading is preferred by those having better market anticipation and prefer the sense of adventure and triumph employing their own trading strategies after a comprehensive research and
Posted On: Fri, 23 Oct 2015
After the release of Forex Trend Detector, it had some bad luck until yesterday when the drawdown was fully compensated in one single amazing profitable day. And as a result, it has ascended the Top Forex Robots rank from 21 up to 17, just yesterday! I guess that the traders using it are now celebrating and waiting for gains resumption in the next week! During the sudden EURUSD slump of yesterday, The EA could generate +664 pips in 14 trades - a sum of more than $930 pure profit on the MyfxBook
Posted On: Fri, 2 Oct 2015
FXAutomater, the developers of the WallStreet Forex Robot, the well known widely used Forex robot among the most professional Forex traders over many years until now, have just published the new 1.4 version of their latest released WallStreet ASIA, and it's now available for download in their member area for all of their customers. They have added to this new version one new parameter and a have fixed one problem that appeared in the previous one: The New Added Parameter MaxDailyRange This
Posted On: Tues, 30 Jun 2015
Currency Pair Volatility and Volatility Breakpoints? Currency Pair Volatility is the price change rate of that pair over a certain period of time, expressed as a percentage and calculated using the standard deviation or the variance between returns from that pair. Commonly the higher the volatility, the riskier the market. Here is an example table showing different currency pairs with their price changes and volatility percentage over a period of time: Volatility Breakpoint is that point where
Posted On: Sat, 6 Jun 2015
As a continuation of the refining and improvement of Cyrus EA, the robot developers have announced today the release of the new and most stable version 1.3 build 21 in the members' area, so if you were an existing user of the EA you should update your version now for free and if you weren't, you should take advantage of that opportunity and download the latest promising version of the robot. Updates Applied to the New Version: Some few modifications in the EA logic. Optimization of the
Posted On: Wed, 13 May 2015
Mark Larsen, the creator of the widely used and highly profitable automated Forex trading software has just released the latest version 3 of GPS Forex robot, that was developed for a private closed group of traders in the past, and now it's making about 30% profit a month backed up with a live documented 3rd party verified proof. Historical Overview About 4 years ago, Mark has come up with an idea of a robot that can remain stable against the market condition changes and since then it

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.