MyFxBots | Forex Day Trading Forex Robot Reviews

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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:

GPS Forex Robot v3

Last Reviewed On:

Tues, 12 May 2015

GPS Forex Robot independently takes all of the information from the market and calculates the necessary parameters for optimal trading. On the backtests the EA shows unbelievable stability and very good profit. Moreover, this robot is not sensitive to the spread. For example, with the EURUSD pair, for only one trading operation, the expert takes an average profit in 8 pips, while the average spread for this currency, for example on the Alpari UK or IamFX brokers, is only 0.6 pips.

4.83/5

793 total votes.

NFA Compatible

$ 149 Secure your Copy (Sold Out)

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Pivot Trader Pro

Last Reviewed On:

Mon, 20 Apr 2015

Pivot Trader Pro is a fully automated Forex robot, as its name suggests it trades pivot levels and its performance is like that of a professional trader.
Pivot levels are imaginary detectable landmarks on a chart that help to determine its support and resistance levels as the price action trends up and down.

4.71/5

17 total votes.

NFA No

A Sold-Out Expert Advisor!

Sold

Forex Venture Bot

Last Reviewed On:

Fri, 27 Mar 2015

A reversal trend trader that employs a well configured group of reliable indicators to predict the exact time of the trend impending death, momentum loss and the cutting edge of a new direction of that trend.
The next step before starting a trade is to compare such an opportunity to price action for verification, this confirms an impending reversal of the trend direction.
Then the trade entry becomes so favorable and that trade is highly promising and the system puts an order.

4.88/5

17 total votes.

NFA No

A Sold-Out Expert Advisor!

Sold

Fapturbo 2.0 v2.0

Last Reviewed On:

Fri, 6 Jun 2014

Fapturbo 2.0 trades 6 pairs with an extremely high trades frequency in addition to the crypto-currency Bitcoin, the electronic money that is making news.

4.89/5

500 total votes.

NFA No

A Sold-Out Expert Advisor!

Sold

Forex Megadroid v1.40

Last Reviewed On:

Sun, 1 Jun 2014

Forex Megadroid is an Asian session scalper, it resets its algorithm according to the current market conditions insuring your profits and minimizing your losses, it applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), it's able to trade without being detected by the broker.

4.67/5

461 total votes.

NFA Compatible

A Sold-Out Expert Advisor!

Sold

Forex Striker v1.2

Last Reviewed On:

Fri, 14 Feb 2014

Forex Striker is a scalping Forex robot, trading on the 5M timeframe, can run on accounts of as little as $500 - $1000, with a risk of only 3% per trade, the robot codes are simplified facilitating the control of memory overloads in the computer which can lead in PC crashes, the robot is able to adjust the trade's SL/TP values according to the market movements, it can also track floating spreads and execute them into the trading strategy.

4.8/5

559 total votes.

NFA No

A Sold-Out Expert Advisor!

Sold

PipJet Robot v1.02

Last Reviewed On:

Mon, 23 Dec 2013

PipJet Robot is an Asian session scalping.

4.89/5

628 total votes.

NFA Compatible

A Sold-Out Expert Advisor!

Sold

Joker EA vReborn

Last Reviewed On:

Sat, 14 Dec 2013

A scalping robot on trend pullbacks, resembling WallStreet Forex Robot. While its TP is set at 35 pips from the entry, it prefers to close most of the trades at 2-4 pips in profit and rarely keeps a trade running its full course. Its SL is set at 70 pips

4.7/5

764 total votes.

NFA No

A Sold-Out Expert Advisor!

Sold

FX Capitalist v1.1.7

Last Reviewed On:

Wed, 23 Oct 2013

FX Capitalist is a scalper all over the day with so tight stop loss (L version => 4 pips, S version => 2 pips) and a more higher take profit target (L version => 13 pips, S version => 11 pips). The losing trades are ordinary predominant, but the final result is still good.

4.6/5

514 total votes.

NFA No

A Sold-Out Expert Advisor!

Sold

Million Dollar Pips v1.6

Last Reviewed On:

Fri, 18 Oct 2013

Scalping, very short trade duration, multiple concurrent positions possible; due to the pips per trade low average number, this EA results will sure vary greatly from one broker to another. Scalping, very short trade duration, multiple concurrent positions possible; due to the pips per trade low average number, this EA results will sure vary greatly from one broker to another.

4.8/5

908 total votes.

NFA No

A Sold-Out Expert Advisor!

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.