Forex Day

Day trading strategy simply means buying and selling a security within the same day, that is a day trader cannot hold any open trading position for the next day.

Day trading strategies include scalping, fading, daily pivots, and momentum trading, in all of which several trades can be carried out within a day but all the trading positions should liquidate before the market closure as the longer a position is on hold, the higher the risk of losing it could yield. Depending on the trading style type, the price target may change. Below are reviews of some automated Forex robots using day trading strategies in their algorithms coded and refined by expert Forex developers and proved to be profitable and most safe:

Last Reviewed 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.

4.9/5
17 total votes.
Last Reviewed 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.
Visit Happy Market Hours Website
4.78/5
252 total votes.
Last Reviewed 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.

4.8/5
19 total votes.
Last Reviewed On:
Mon, 17 Apr 2023

Wave Scalper is based on Elliot Wave theory.

Visit Wave Scalper Website
5/5
35 total votes.
Last Reviewed 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.

Visit Stealth Trader Website
5/5
67 total votes.
Last Reviewed 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.

Visit Quick Scalp Trader Website
4.8/5
27 total votes.
Last Reviewed On:
Wed, 11 Jan 2023

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

Visit Grid Master PRO Website
5/5
11 total votes.
Last Reviewed 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 that are shipped with Metatrader are involved creatively, 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.

Visit WallStreet Forex Robot 3.0 Domination Website
4.9/5
1238 total votes.
Last Reviewed 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.
 

Visit Gold Scalper PRO Website
4.96/5
648 total votes.
Last Reviewed On:
Wed, 28 Sep 2022

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.

Visit DynaScalp Website
4.7/5
15 total votes.
Last Reviewed On:
Wed, 21 Sep 2022

Gold Trader runs completely automated and manages the GOLD investment by capitalizing on the volatility movements of GOLD.

Visit Gold Trader Website
4.3/5
17 total votes.
Last Reviewed On:
Sat, 30 Jul 2022

Multi-strategy-based Scalping Expert advisor.

Visit Vision Scalper Website
4.8/5
298 total votes.
Last Reviewed On:
Sun, 15 May 2022

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

Visit Bounce Trader Website
4.7/5
19 total votes.
Last Reviewed On:
Fri, 13 May 2022

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.

Visit Smart Scalper PRO Website
4.2/5
99 total votes.
Last Reviewed On:
Wed, 11 May 2022

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.

Visit Forex Fury Website
4.8/5
17 total votes.
Last Reviewed On:
Wed, 16 Mar 2022

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.
 

Visit Forex Combo System Website
4.7/5
462 total votes.

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.