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.

Last Updated On: Wed, 3 Jul 2024

A Forex trading system that combines two completely different Forex Strategies, called CORE1 (Trend Following) and CORE2 (MA indicator). Both systems use powerful drawdown control systems.

Currency Pairs USDCAD and EURUSD
TimeFrame H1.
4.8/5
317 total votes.
Last Updated On: Sun, 30 Jun 2024

FX Quake algorithm is based on a grid strategy with a small lot increase and drawdown limiting system.

Currency Pairs AUDUSD, EURJPY, EURUSD, GBPUSD, ...
TimeFrame H1.
4.7/5
617 total votes.
Last Updated On: Thurs, 27 Jun 2024

Based on predefined gold scalping strategy rules, the SuperGold trading robot automatically executes trades on the MetaTrader platform, using a proprietary trading algorithm.

Currency Pairs XAUUSD
TimeFrame M1.
4.8/5
169 total votes.
Last Updated On: Mon, 24 Jun 2024

In Metatrader4, the US30 Turbo EA works only with the US30 index.

With its inner settings, it will analyze the market, collect all the market information, and place a trade based on that information.

As long as it trades only above 86% accuracy and if trades go into drawdown, it will use its smart grid to breakeven the trades without losing money.

Try it out on a demo account for better understanding.

Currency Pairs US30 Index
TimeFrame H1.
4.8/5
713 total votes.
Last Updated On: Sun, 23 Jun 2024

Gold Hitter EA only works on the XAUUSD pair on MetaTrader 4. An inside setting analyzes the market, gathers fundamental news, and places the trade based on that information. Trading is limited to 88% accuracy and if the trades go into drawdown, the smart grid will breakeven the trades without loss.

Currency Pairs XAUUSD
TimeFrame Any.
4.9/5
1249 total votes.
Last Updated On: Tues, 14 May 2024

The Target Trader system has a proven track record of delivering consistent results based on trend, volatility, and price action movements using intelligent, carefully selected trade entries. Besides that, it's designed to last for years without needing to be updated.

Currency Pairs Multi-Currency (17 Pairs)
TimeFrame Any.
4.9/5
517 total votes.
Last Updated On: Tues, 7 May 2024

Chat GPT and Gemini (developed by Google) are the two most powerful AI engines available. The Gemini AI handles real-time trading data better than Chat GPT. However, Chat GPT excels at managing complex conversation threads even though it is trained only on past data. Combining Chat GPT and Gemini AI leads to the most accurate and current trading forecasts.

AI alone, can't be reliable - a proven, solid strategy must back it up. FXAutomater deliver results that stand out with their AI-powered strategy Infinity Trader EA!

Currency Pairs AUDCAD, GBPUSD, and NZDCAD
TimeFrame M15.
4.9/5
136 total votes.
Last Updated On: Thurs, 18 Apr 2024
Forex Gold Investor trades by the use of precise entry and exit trading algorithms with drawdown protection system, intelligent money-management system, revolutionary "Go Long" trading system, and broker SPY module.
Currency Pairs XAUUSD
TimeFrame 15M.
4.88/5
68 total votes.
Last Updated 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).

Currency Pairs GBPUSD, EURUSD, and EURCHF are t ...
TimeFrame M5.
4.9/5
23 total votes.
Last Updated On: Mon, 12 Feb 2024

Perceptrader AI is a cutting-edge grid trading system that leverages the power of Artificial Intelligence, utilizing Deep Learning algorithms and Artificial Neural Networks (ANN) to analyze big amounts of market data at a high speed and detect high-potential trading opportunities to exploit.

Currency Pairs NZDUSD, USDCAD, AUDCAD, AUDNZD, ...
TimeFrame M5.
5/5
558 total votes.
Last Updated On: Mon, 12 Feb 2024

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, ...
TimeFrame M5.
4.8/5
53 total votes.
Last Updated On: Mon, 12 Feb 2024

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.
4.7/5
230 total votes.
Last Updated On: Mon, 12 Feb 2024

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.
4.81/5
72 total votes.
Last Updated On: Mon, 12 Feb 2024

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, ...
TimeFrame M5.
4.7/5
43 total votes.
Last Updated 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.

Last Updated On: Thurs, 11 Jan 2024

Power Growth Trader is a scalper EA with an intelligent money management system.

Currency Pairs AUDCAD, EURGBP, EURSGD, GBPAUD, ...
TimeFrame H1.
4.9/5
53 total votes.
Last Updated On: Wed, 22 Nov 2023

Using Trend Matrix EA, traders can identify and profit from market trends. It offers a safe and reliable way to navigate the forex market with its Next Generation Loss Recovery System and reliable risk management tools.

Currency Pairs AUDUSD, EURGBP, EURJPY, EURUSD, ...
TimeFrame H1.
5/5
516 total votes.
Last Updated On: Sun, 20 Aug 2023

Pips Master Pro has a Strong, pure and simple trading logic, Reasonable TP and SL levels, High spread, slippage and broker protection, Multiple currency pairs support, Low drawdown, and New, improved, highly effective exit logic.

Currency Pairs USDJPY, GBPUSD, and GBPJPY
TimeFrame H1.
4.7/5
33 total votes.
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