Trading Style

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 Reviewed 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).

Visit News Catcher PRO Website
4.9/5
23 total votes.
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
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.
Visit Volatility Factor Pro Website
4.9/5
1002 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:
Thurs, 15 Dec 2022

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.

Visit Happy Fast Money Website
4.8/5
53 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.

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.