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.
Happy Market Hours v2.3
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.
Forex Enigma v1.2
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.
Wave Scalper is based on Elliot Wave theory.
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.
Quick Scalp Trader identifies the trend with optimized moving averages, then determines an entry based on fractals and candlestick movement.
Night Hunter PRO utilizes smart entry/exit algorithms to identify only the safest entry points during calm periods of the
market.
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).
Grid Master PRO v1.4
Strictly ruled grid-based trading technique with safety "high frequency" scalping element.
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.
Gold Scalper PRO v1.3
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.
DAX Day Trader is a Forex day trading volatility system.
Happy Fast Money v1.3.1
Happy Fast Money basic idea is to open a transaction with buy and sell limits. new buy and sell limits are set when the executed transaction price has touched the limits set by the EA.
DynaScalp is a Beginner friendly 100% Automated Super Scalper EA with News filter, No Grid, and No Martingale that closes trades on the same day.
Gold Trader runs completely automated and manages the GOLD investment by capitalizing on the volatility movements of GOLD.
Multi-strategy-based Scalping Expert advisor.
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.
