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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:
Fri, 29 Apr 2016
As its name suggests, Ichi is a scalper robot, taking advantage of AUDUSD while it's bound in a range and not trending high values before some retracement.
Last Reviewed On:
Wed, 6 Apr 2016
As its name suggests, Hedge Track Trader uses a hedge trading strategy that appears to be a safe one with low risk and it could yield high profits. Its integrated algorithm is designed to adapt to the continuously changing market conditions and intelligently managing trades and risk, lock-in profits and strictly limit drawdowns.
Last Reviewed On:
Sun, 20 Mar 2016
Forex Seven EA trades on 20 different currency pairs till a sufficient total equity profit is reached, then it closes profitable trades. It's a highly reliable system with strict control over drawdown providing a high degree of protection to the account being traded.
Last Reviewed On:
Sun, 7 Feb 2016
No Grid Trading, Martingale Strategies and no High Risk Techniques Of Any Kind.
Swing trading methods could hold positions for days or weeks making reliable gains for months, then chaos strikes suddenly, MaxScalper is not a swing trading EA.
Short term scalpers can clip a handful of pips on each win but they are too small to accommodate for their losses due to inaccuracies of the current new trading environment, MaxScalper isn't that type of EAs too.
Swing trading methods could hold positions for days or weeks making reliable gains for months, then chaos strikes suddenly, MaxScalper is not a swing trading EA.
Short term scalpers can clip a handful of pips on each win but they are too small to accommodate for their losses due to inaccuracies of the current new trading environment, MaxScalper isn't that type of EAs too.
Last Reviewed On:
Tues, 2 Feb 2016
Benefit EA automatically sets TP on a minimum number of points of the price without being discovered by the broker until all trades are closed with the ability to open the next series order manually then the EA will calculate the potentially profitable TP for the entire series and continue to work according to its core algorithm.
Last Reviewed On:
Wed, 9 Dec 2015
Scalp Trader PRO monitors and detects trends on the MT4 chart using moving averages, price action, and some other powerful tools ignoring weak trends and looking only for the strong ones.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
Last Reviewed On:
Sat, 26 Sep 2015
Based on a special statistics concept, Swing Trader PRO keeps a linear model track of trading price action, what's called Linear Regression that determines the price action bouncing range and its flowing direction. This is very similar to trend trading, but much more sophisticated, and highly precise.
Last Reviewed On:
Thurs, 24 Sep 2015
REV Trader PRO is not a martingale or a grid strategy-based robot. It monitors the vertical pattern swings and determines the highs and lows and uses the data to make an entry on the reversal of market movement. It employs built-in unique brilliant filters to detect false trade signals.
It trades in baskets of up to 3 orders with won: lost pips per trade ratio of almost 1:1 and it exits using a trailing stop.
It trades in baskets of up to 3 orders with won: lost pips per trade ratio of almost 1:1 and it exits using a trailing stop.
Last Reviewed On:
Sat, 19 Sep 2015
Dynamic Pro Scalper is an Asian session scalper with a unique and high-efficient trading strategy and dynamic volatility entry and exit levels.
Last Reviewed On:
Sat, 22 Aug 2015
A scalper EA mostly an Asian session but extends through out the day via multiple different TP and SL targets for every pair of its 11 tradable pairs. It also uses a unique filter to wipe out potentially dangerous conditions. It doesn't use a martingale system or recovery mode.
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.
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.
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.
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.
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.
Last Reviewed On:
Fri, 12 Sep 2014
A super simple twist on Keltner Channels; a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created. This idea is based on a book called "How to Make Money in Commodities", by Chester Keltner. KeltnerPRO is entirely automated.
It trades using baskets with a limited amount of trades achieving good profit on average 30+ pips, the positions are entered at the bar open with dynamic StopLoss and TakeProfit values.
It trades using baskets with a limited amount of trades achieving good profit on average 30+ pips, the positions are entered at the bar open with dynamic StopLoss and TakeProfit values.
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.
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.
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.
Tags
Valery Trading
Tickmill
FXAutomater
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
Algocrat AI
IC Markets
FBS
Perceptrader AI
RoboForex
HF Markets
Forex Diamond
Volatility Factor Pro
XM
Waka Waka
Traders Academy Club
InstaForex
Alpari
Forex Combo System
GPS Forex Robot
StrategyQuant X
GrandCapital
Forex Trend Detector
Broker Arbitrage
Golden Pickaxe
IronFX
AMarkets
Telegram Signal Copier
Omega Trend
FX Scalper
SMRT Algo
Quant Analyzer
FXVM
Binance
ACY Securities
AlgoWizard
FxPro
Forex Gold Investor
TradingFX VPS
RayBOT
ForexSignals.com
Libertex
LeapFX Trading Academy
FX-Builder
Gold Scalper PRO
ForexTime
News Scope EA PRO
Quant Data Manager
Pump Trader Robot
Smart Scalper PRO
FX Choice
BlackBull Markets
FXCharger
Commercial Network Services
VPS Forex Trader
Happy Forex
ByBit
Vortex Trader PRO
Best Free Scalper Pro
QHoster
StarTrader
DARKEAS
Forex VPS
Happy Bitcoin
Magnetic Exchange
MTeletool
Telegram Copier
Gold Miner
FX Secret Club
Forex Robot Academy
Swing Trader PRO
Forex Robot Factory (Expert Advisor Generator)
Evening Scalper PRO
EGPForex
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.
