MyFxBots

Following popular trading styles as day trading, carry trade, buy and hold strategy, hedging, portfolio trading, spread trading, swing trading, order trading, and algorithmic trading is an important way to develop Forex trading strategies.

Understanding the strengths and weaknesses points is the cornerstone for the use and development of Forex trading strategies. The trader personality is an important factor that should be considered when developing a strategy that suits it and his behavior.

No one “right” way of trading exists; the right way for some may not suit others. This is called the trading style Forex strategies which was converted to automated strategies by some developers in Forex robots that proved to be successful as no personal interference exists in this case, below we've published reviews of some of them.

Best Free Scalper Pro is a powerful automated Forex scalping system, one of the FXAutomater family. A reputable ECN Forex broker with very tight spreads, low commissions, and minimal slippage is required as it can confirm the difference between a winning and losing trading system, especially scalping strategy ones.

Currency Pairs: GBPUSD, EURUSD, EURCHF, EURAUD, EURCAD, GBPCAD, USDCAD, USDCHF and USDJPY
TimeFrame: M15
Updated On: Tue May 17th, 2022
4.51/5
9 total votes.

No Grid, No Hedging, No Martingale, and No Massive StopLoss. But a strong evolved Money Management System.

Currency Pairs: GBPUSD
TimeFrame: Any
Updated On: Sun May 15th, 2022
4.7/5
19 total votes.

FXTrackPRO Expert Advisor works with 3 different types of indicators at once. The interesting thing is that the EA does not use them simultaneously to determine an entry point, it uses them based on a certain algorithm.

Currency Pairs: EURUSD, USDCAD, GBPUSD, EURJPY, USDJPY and CHFJPY.
TimeFrame: H1
Updated On: Sat May 14th, 2022
4.7/5
17 total votes.

Smart Scalper PRO is very simple, but it is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse after a reasonable correction is detected.

Currency Pairs: GBPUSD, EURUSD, USDCHF, USDJPY and USDCAD, plus optional GBPUSD high frequency - high profit settings.
TimeFrame: M15
Updated On: Fri May 13th, 2022
4.2/5
99 total votes.

Forex Fury follows a combination of time-restricted and scalping strategies. The robot opens all trades within one hour per day in less volatile marketing conditions.

Currency Pairs: Any Pair, Indices, or Crypto
TimeFrame: Any
Updated On: Wed May 11th, 2022
4.8/5
17 total votes.

News Scope EA PRO applies high impact news trading.

Currency Pairs: EURUSD, GBPUSD, AUDUSD, USDCAD and USDJPY/
TimeFrame: M1
Updated On: Sat May 7th, 2022
5/5
17 total votes.

With the help of its built-in Forex indicators, Atomic Trader uses its unique algorithm to identify when the market is supposed to go up or down, then enters or closes trades on your behalf while you live your regular day.

Currency Pairs: AUDUSD, GBPJPY, EURGBP, USDCAD, EURUSD, and USDJPY
TimeFrame: Any
Updated On: Sat May 7th, 2022
4.9/5
19 total votes.

Happy Algorithm PRO measures performance and deviations in the prices of a currency pair, shows the difference as a line and analyzes it to get an optimal hidden SL and TP.

Currency Pairs: EURUSD, and USDCHF
TimeFrame: D1
Updated On: Thu May 5th, 2022
4.58/5
6 total votes.

Strictly ruled grid-based trading technique with safety "high frequency" scalping element.

Currency Pairs: GBPUSD, and NZDCAD
TimeFrame: M15
Updated On: Thu May 5th, 2022
5/5
11 total votes.

Happy Frequency combines the concepts trend/grid/hedge/semi-martingale according to risk low/middle/high/combi EA files. The whole strategy is protected with a News filter.

Currency Pairs: USDCAD, EURUSD, EURGBP, EURJPY, EURCHF, GBPUSD, AUDUSD, USDCHF and USDJPY
TimeFrame: M5
Updated On: Wed May 4th, 2022
4.5/5
5 total votes.

FX Classic Trader swings between Support/Resistances with continuous indicators analysis & calculations by a really unique trade algorithm to decide when to close and open transactions.

Currency Pairs: EURGBP
TimeFrame: H1
Updated On: Wed May 4th, 2022
4/5
4 total votes.

As the name suggests, Forex Combo System is a collection of several subsystems, four to be clear. The most accurate description that fits it is "four different EAs joined together". The result of such an EA could be considered "Pleasant" as you will discover this yourself after some further reading, It's an easy-to-use EA and is one of the most solid automated trading systems that I've ever seen.
 

Currency Pairs: EURUSD, GBPUSD, EURAUD and EURCAD
TimeFrame: M15
Updated On: Wed Mar 16th, 2022
4.7/5
462 total votes.

WallStreet Forex Robot 3.0 Domination is a scalper EA that's not limited to the Asian session, opening positions around the clock with a fairly profitable outcome, a few indicators which are shipped with Metatrader are involved in a creative way, so the entry signals are determined. It has retry loops for opening/closing orders, denoting a certain degree of experience with automated live trading. Although the DLL programming is sometimes an obstacle for EAs running on multiple pairs with the same DLL, in this EA, this seems to be entirely thread-safe.

Currency Pairs: GBPUSD, EURUSD and USDJPY are Recommended! USDCAD, USDCHF, AUDUSD, NZDUSD and EURJPY are Also Supported but Broker Spread Dependent! BTCUSD and ETHUSD with WallStreet CRYPTO!
TimeFrame: M15
Updated On: Fri Mar 11th, 2022
4.9/5
1238 total votes.
The Gold Scalper PRO strategy's principle is to enter in a distinctive market impulse direction and follow correction. A principle that has been around for as long as the markets have existed.
Gold Scalper PRO is not a grid, martingale, or using any other risky strategies, it just employs a classical trading strategy by a textbook using reasonable Stop Loss levels and a prosperous entry and exit trading logic beside an optional money management ATR based algorithm.
Currency Pairs: XAUUSD
TimeFrame: M15
Updated On: Sun Jan 31st, 2021
5/5
13 total votes.
Happy Market Hours is a scalper EA using identical 40 pips S/L and T/P limits with default maximum spread of 5 pips, basically designed for all types of traders in the Forex market including new users.
Currency Pairs: EURUSD, EURCHF, EURGBP, EURCAD, USDCAD, USDCHF, GBPUSD, GBPCAD, GBPCHF, CADCHF
TimeFrame: M15
Updated On: Fri Jan 22nd, 2021
4.78/5
252 total votes.
Fx Splitter is a basket trading expert advisor using martingale strategy.
Currency Pairs: AUDCAD, AUDNZD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCHF and USDJPY
TimeFrame: H1
Updated On: Tue Jan 19th, 2021
4.27/5
21 total votes.
ForexBot28 uses neural networks that help it to achieve impressive results.
Currency Pairs: 28 Different Currency Pairs.
TimeFrame: Any Timeframe.
Updated On: Thu Apr 4th, 2019
4.66/5
23 total votes.