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.

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.
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 conform the difference between a winning and a losing trading systems, especially scalping strategy ones.
Currency Pairs: GBPUSD, EURUSD, EURCHF, EURAUD, EURCAD, GBPCAD, USDCAD, USDCHF and USDJPY
TimeFrame: M15
Updated On: Tue Nov 24th, 2020
4.45/5
8 total votes.
WallStreet Forex Robot 2.0 Evolution 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!
TimeFrame: M15
Updated On: Sun Sep 13th, 2020
4.9/5
1238 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.
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: Tue Sep 25th, 2018
4.5/5
462 total votes.

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