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:
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, 4 May 2022

Happy Frequency combines the concepts trend/grid/hedge/semi-martingale according to risk low/middle/high/combi EA files. The whole strategy is protected with a News filter.

Visit Happy Frequency Website
4.5/5
5 total votes.
Last Reviewed On:
Wed, 4 May 2022

FX Classic Trader swings between Support/Resistances with continuous indicators analysis & calculations by a really unique trade algorithm to decide when to close and open transactions.

Visit FX Classic Trader Website
4/5
4 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.
Last Reviewed On:
Sun, 7 Feb 2021
The Onyx Scalper has an integrated trading algorithm combining a number of technical indicators that reveal data on currency charts to form an easy to read and handle trader's dashboard with distinct color-differentiated buy and sell trading signals that generate alerts sent via the trading platform pop-ups, SMS, and email.
Visit Onyx Scalper Website
5/5
17 total votes.
Last Reviewed On:
Tues, 19 Jan 2021
Fx Splitter is a basket trading expert advisor using martingale strategy.
4.27/5
21 total votes.
Last Reviewed On:
Wed, 30 Dec 2020
Easy Walker FX is a night multi-pair scalper that trades in the Asian session period during the market's minimal activity. It never uses martingale in its trading strategy but nevertheless profitable in real trading.
4.13/5
16 total votes.
Last Reviewed On:
Thurs, 4 Apr 2019
ForexBot28 uses neural networks that help it to achieve impressive results.
Visit ForexBot28 Website
4.66/5
23 total votes.
Last Reviewed On:
Thurs, 21 Feb 2019
Forex Kore EA is one of the best Asian scalpers on the market.
Visit Forex Kore EA Website
4.68/5
24 total votes.
Last Reviewed On:
Fri, 22 Jun 2018
Forex Spectre is a trend follower EA coded with 3 different strategies but with many similar behavior aspects. Although proved profitable, further descriptive data about those strategies were not revealed by the EA developers and are still vague.
4.77/5
33 total votes.
Last Reviewed On:
Tues, 13 Mar 2018
FxMath Stochastic Trader employs multiple trading strategies working together, basically the trend / swing strategy.
Visit FxMath Stochastic Trader Website
4.94/5
194 total votes.
Last Reviewed On:
Fri, 12 Jan 2018
Forex Pulse Detector is a scalper and grid trader with multiple built in indicator sets for market reversal precise detection and special algorithms for the highest accuracy on its compatible low timeframe (M15) causing higher trading activity with faster profits as in the backtests and live trading performance results.
Visit Forex Pulse Detector Website
4.76/5
78 total votes.
Last Reviewed On:
Mon, 1 Jan 2018
Ray Scalper core trading strategy is the concept of Ray Tracing on M15 / H1 trading range channels & Fibonacci levels. It never performs martingale nor pyramiding neither pending orders.
Visit Ray Scalper EA Website
4.79/5
252 total votes.
Last Reviewed On:
Tues, 8 Aug 2017
Forex Earth Robot incorporates a powerful money management strategy and tends to look for high-quality available positions around the clock conserving optimum gains supported by minimum risk, it works will any MT4 platform no matter what the broker is.
Visit Forex Earth Robot Website
4.56/5
324 total votes.
Last Reviewed On:
Thurs, 19 Jan 2017
Einstein Trader is a price action frequent scalper, an automated Forex system with safety filters, no high stop loss, quick – in and out trades, no grid trading and no martingale.
Visit Einstein Trader Website
4.81/5
258 total votes.
Last Reviewed On:
Thurs, 17 Nov 2016
The old-style of FAPTurbo works as an Asian session scalper including a long-term advanced strategy trading around the clock on EURUSD with high SL & TP targets.
Starting from FAPTurbo 2.0 and of course FAPTurbo 3.0 the EA could trade 8 different pairs with an extremely high trades frequency in addition to the crypto-currency Bitcoin, the electronic money that is making news.
Visit FAPTurbo Website
4.85/5
437 total votes.
Last Reviewed On:
Thurs, 23 Jun 2016
As a non-Grid, non-Martingale system, RayBOT relies for its trading on price swings between Support / Resistance levels. It is a frequent trader achieving a trading rate of about 5 to 10 trades a week on each currency pair.
Visit RayBOT Website
4.54/5
44 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.