MyFxBots

Algorithmic trading, the so-called, automated Forex trading, is a way to gather and coordinate the ideas and principles of one or more of the other manual Forex trading strategies into one computer application that runs on a trading platform like MT4 to give orders to it according to its programming conditions to buy or sell a certain amount of a currency pair at a specific time frame.

As mentioned, this kind of computer program is based on signals derived from technical analysis strategies, this is done by adding instructions to the software to search for certain signals and determine the way of interpreting them. Highly developed advanced platforms as NetTradeX, MetaTrader 4, and MetaTrader 5 come with complementary integrated platforms that allow for such algorithmic trading.

Developing a Forex trading strategy by robots and programs mainly aims to avoid the emotional aspect of manual trading, as it is believed that the psychological interaction with trades prevents them from being reasonable and often impacts trades negatively.

FXParabol uses a combination of two indicators in such a way as to detect a trend and determine the moment when to start trading in the direction of this trend.

Currency Pairs: USDJPY, USDCHF, & EURUSD
TimeFrame: M1
Updated On: Sat Apr 1st, 2023
4.9/5
21 total votes.

Without using a grid, martingale, or hedging strategies, Fund Trader approaches the market via a dualistic (2-step) process to determine when to enter and exit the market with profit.

Currency Pairs: Up to 18 currency pairs.
TimeFrame: Any
Updated On: Thu Mar 30th, 2023
4.8/5
43 total votes.

FXQuasar Expert Advisor does not use indicators.

It works directly with quotes and internal algorithms for analyzing the current market situation, as well as analyzing price movements over the past few days.

Based on the results obtained, it decides whether to open a trade or wait and in which direction to trade.

Currency Pairs: AUDUSD
TimeFrame: H1
Updated On: Tue Mar 28th, 2023
4.8/5
9 total votes.

Forex Truck Expert Advisor has a special feature - it consists of two blocks that work together in addition to risk control.

The strategy and algorithms used in the EA made it possible to achieve full compatibility with any broker, so there is no need to select a broker with special trading conditions - any broker will do.

Currency Pairs: USDCAD
TimeFrame: H1
Updated On: Sun Mar 26th, 2023
4.6/5
11 total votes.

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.

Currency Pairs: GBPJPY
TimeFrame: M5
Updated On: Fri Mar 24th, 2023
5/5
67 total votes.

The highest-performing gold EAs all share the same common logic: grid trading.

Valery Trading EA developers team have developed the #1 ranked grid trading EA, called Waka Waka, and then they have applied many of the algorithmic principles from Waka Waka to this gold EA, and the results have been mind-blowing: Golden Pickaxe performs even better than Waka Waka.

Currency Pairs: XAUUSD
TimeFrame: M1
Updated On: Wed Mar 22nd, 2023
4.8/5
21 total votes.

Quick Scalp Trader identifies the trend with optimized moving averages, then determines an entry based on fractals and candlestick movement.

Currency Pairs: Multiple pairs, best on EURUSD and GBPUSD.
TimeFrame: H1
Updated On: Mon Mar 20th, 2023
4.8/5
27 total votes.

The cornerstone principles for Power Trader take into account price action, market volatility, and short-term trending.

Currency Pairs: Multiple.
TimeFrame: Any
Updated On: Sat Mar 18th, 2023
4.9/5
13 total votes.

Waka Waka is a professionally developed grid system with built-in risk settings that you can choose from, ranging from Low to High.

Currency Pairs: AUDCAD, AUDNZD, & NZDCAD.
TimeFrame: M15
Updated On: Fri Mar 17th, 2023
4.7/5
23 total votes.

XFXEA calculates an entry point by evaluating a certain number of bars in a unique way and then forms a critical range. Based on this range, determines how and when to start trading.

All this is done without using the principle of Martingale.

Currency Pairs: AUDUSD and EURUSD
TimeFrame: H1
Updated On: Tue Mar 7th, 2023
5/5
27 total votes.

The strategy of the Trader's Sun EA, embodied in the algorithm, is based on determining support and resistance levels, as well as identifying the behavior and direction of the Market’s movement, in order to assess the strength of the movement impulse and the probability of its continuation.

Trader's Moon EA is an Expert Advisor that uses the Martingale principle, but with a number of significant improvements and benefits.

Currency Pairs: Trader's Dun: EURUSD, USDJPY, EURCHF, AUDCAD, and USDCAD - Trader's Moon: AUDCAD, GBPAUD, AUDNZD, NZDCAD, EURCHF, EURGBP, EURSGD, and GBPCAD
TimeFrame: H1
Updated On: Sun Mar 5th, 2023
5/5
47 total votes.

Night Hunter PRO utilizes smart entry/exit algorithms to identify only the safest entry points during calm periods of the
market.

Currency Pairs: AUDCAD, CHFJPY, EURAUD, EURCAD, EURCHF, EURUSD, GBPUSD, USDCAD, & USDCHF.
TimeFrame: M5
Updated On: Thu Feb 23rd, 2023
4.2/5
3 total votes.

Evening Scalper PRO uses an original & compelling trading logic on cross pairs that have a solid mean-reverting tendency with high-profit targets (unlike most night scalpers).

Currency Pairs: AUDCAD, AUDNZD, EURAUD, EURGBP, EURNZD, GBPAUD, GBPCAD, & NZDCAD.
TimeFrame: M5
Updated On: Wed Feb 22nd, 2023
4/5
4 total votes.

FX Scalper X Forex robots allow the automation of analytical and trading processes. They can open and close trades based on certain criteria or calculations that it has been programmed to do.

Currency Pairs: More than 15 different currency pairs.
TimeFrame: Any
Updated On: Thu Feb 16th, 2023
5/5
65 total votes.

Algorithmic Happy Brexit is a built system based on finding so-called "big fish" time movements; huge pips variations using a very low degree of drawdown.

Currency Pairs: EURGBP
TimeFrame: H4
Updated On: Thu Feb 9th, 2023
4.9/5
43 total votes.

Patterns are formations of pricing that provide us with a graphical representation of what’s going on behind the scenes in the market, Pattern Trader PRO can recognize them and make trades based on their analysis.

Currency Pairs: Over 30 Different Currency Pairs.
TimeFrame: Any
Updated On: Mon Jan 23rd, 2023
4.9/5
53 total votes.

Happy Galaxy has new built-in methods for determining the trend direction, small grids, or loss recovery. As a bonus, News Filter is implemented to reduce drawdown at high market volatility.

Currency Pairs: Aggressive currency pairs: EURUSD, GBPUSD, USDCHF, EURGBP and EURCHF - Conservative currency pairs: GBPCHF, CADCHF, USDCAD, EURCHF and AUDNZD
TimeFrame: H1
Updated On: Sat Jan 21st, 2023
4.9/5
31 total votes.

News Action Trader utilizes real-time economic information from a reliable news source and automatically opens, manages, and closes trades.

Currency Pairs: AUDJPY, AUDUSD, NZDUSD, XAUUSD, GBPUSD, & USDCAD
TimeFrame: Any
Updated On: Thu Jan 19th, 2023
4.9/5
43 total votes.