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.

Last Updated On: Thurs, 14 Mar 2024

Investing in intraday seasonal volatility patterns driven by news events is the goal of News Catcher PRO, which is a sophisticated mean-reversion trading strategy.

News Catcher PRO does not use martingale or grid by default (optional grid is available).

Currency Pairs GBPUSD, EURUSD, and EURCHF are t ...
TimeFrame M5.
4.9/5
23 total votes.
Last Updated On: Mon, 12 Feb 2024

Night Hunter PRO utilizes smart entry/exit algorithms to identify only the safest entry points during calm periods of the
market.

Currency Pairs AUDCAD, CHFJPY, EURAUD, EURCAD, ...
TimeFrame M5.
4.8/5
53 total votes.
Last Updated On: Mon, 12 Feb 2024

Evening Scalper PRO uses an original & compelling trading logic on cross pairs that have a solid mean-reverting tendency with high-profit targets (unlike most night scalpers).

Currency Pairs AUDCAD, AUDNZD, EURAUD, EURGBP, ...
TimeFrame M5.
4.7/5
43 total votes.
Last Updated On: Mon, 29 Jan 2024

GOLDUXE mainly applies intraday trading strategy, it opens and closes trades within the same day, exploiting the daily volatility of gold prices. It does not use martingale-style trading.

Last Updated On: Thurs, 11 Jan 2024

Power Growth Trader is a scalper EA with an intelligent money management system.

Currency Pairs AUDCAD, EURGBP, EURSGD, GBPAUD, ...
TimeFrame H1.
4.9/5
53 total votes.
Last Updated On: Mon, 12 Jun 2023
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.
Last Updated On: Fri, 2 Jun 2023

The King Robot is a high-growth scalper with no grid, and as its developers ensure, the EA can get 10% to 100% profit per month with a high frequency of trades.

Currency Pairs AUDUSD, EURUSD, GBPUSD, USDCAD, ...
TimeFrame Any.
4.9/5
13 total votes.
Last Updated On: Wed, 19 Apr 2023

Forex Enigma is a 3x innovative trading strategy in one algorithm (Scalp, Trend, and Half Grid) with a News Filter which greatly improves the efficiency of trade.

Currency Pairs One pair EURCHF or multi pairs ( ...
TimeFrame H1.
4.8/5
19 total votes.
Last Updated On: Mon, 17 Apr 2023

Wave Scalper is based on Elliot Wave theory.

Currency Pairs Multiple while GBPUSD and USDJPY ...
TimeFrame M15.
5/5
35 total votes.
Last Updated On: Fri, 24 Mar 2023

Stealth Trader is a low drawdown system, meaning it's designed to trade with very little loss while maximizing profits using NO martingale and NO grid strategy whatsoever. There will be opportunities to profit almost EVERY SINGLE DAY.

Last Updated On: Mon, 20 Mar 2023

Quick Scalp Trader identifies the trend with optimized moving averages, then determines an entry based on fractals and candlestick movement.

Currency Pairs Multiple pairs, best on EURUSD a ...
TimeFrame H1.
4.8/5
27 total votes.
Last Updated On: Wed, 11 Jan 2023

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

Currency Pairs GBPUSD, and NZDCAD
TimeFrame M15.
5/5
11 total votes.
Last Updated On: Wed, 11 Jan 2023
Volatility Factor Pro trades by opening a basket of 4 positions maximum depending on market volatility, taking profit at 20 pips with hard StopLoss of 50 pips, this means that touching the SL for the 4 basket trades would mean a drawdown (4 * 50 = 200), this is a so much safer if compared to the older version which drawdowns could be in excess of 1500 pips of (380 * 4 = 1520) pips.
Currency Pairs GBPUSD, EURUSD and it also trade ...
TimeFrame M15.
4.9/5
1002 total votes.
Last Updated On: Wed, 11 Jan 2023

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.

Last Updated On: Wed, 11 Jan 2023
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.
5/5
13 total votes.
Last Updated On: Mon, 19 Dec 2022

DAX Day Trader is a Forex day trading volatility system.

Currency Pairs GER30., US30, US30.S, & USDCHF
TimeFrame Any.
5/5
23 total votes.