MyFxBots

 MyFxBots Forex Robots Trading Strategy Analysis, Exploring and Review

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.

Trend Hunter is an Auto Adapting Trend Trading Forex Robot.

Currency Pairs: EURAUD, EURCAD, EURGBP, EURNZD, EURUSD, UK100I, and USDMXN
TimeFrame: Any
Updated On: Fri Nov 11th, 2022
4.5/5
27 total votes.

USDJPY pair is continuously scanned by the Happy Japanese Market's indicators all day for trading inputs based on the indicator methodology.

Currency Pairs: USDJPY
TimeFrame: D1
Updated On: Thu Nov 10th, 2022
4.9/5
23 total votes.

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.

Currency Pairs: AUDCAD, AUDUSD, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, USDCAD, USDCHF, USDJPY, and XAUUSD.
TimeFrame: M15
Updated On: Wed Sep 28th, 2022
4.7/5
15 total votes.

Gold Trader runs completely automated and manages the GOLD investment by capitalizing on the volatility movements of GOLD.

Currency Pairs: XAUUSD
TimeFrame: Any
Updated On: Wed Sep 21st, 2022
4.3/5
17 total votes.

No grid, No hedging, No arbitrage, and No martingale.

Currency Pairs: EURUSD, GBPUSD, USDJPY, GBPJPY, and EURJPY
TimeFrame: M30 / H1
Updated On: Wed Sep 21st, 2022
3.8/5
13 total votes.
Happy Gold uses a trend strategy with a modified ZigZag indicator, that best works on XAUUSD in the M30 chart.
Currency Pairs: XAUUSD (GOLD)
TimeFrame: M30
Updated On: Wed Aug 24th, 2022
4.9/5
5353 total votes.

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 which are shipped with Metatrader are involved in a creative way, 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.

Currency Pairs: GBPUSD, EURUSD and USDJPY are Recommended! USDCAD, USDCHF, AUDUSD, NZDUSD and EURJPY are Also Supported but Broker Spread Dependent! BTCUSD and ETHUSD with WallStreet CRYPTO!
TimeFrame: M15
Updated On: Sat Aug 20th, 2022
4.9/5
1238 total votes.

Multi-strategy-based Scalping Expert advisor.

Currency Pairs: 28 Currency Pairs (Enable Major pairs first, then try minors).
TimeFrame: Any (according to the set file given).
Updated On: Sat Jul 30th, 2022
4.8/5
298 total votes.

Best Free Scalper Pro is a powerful automated Forex scalping system, one of the FXAutomater family. A reputable ECN Forex broker with very tight spreads, low commissions, and minimal slippage is required as it can confirm the difference between a winning and losing trading system, especially scalping strategy ones.

Currency Pairs: GBPUSD, EURUSD, EURCHF, EURAUD, EURCAD, GBPCAD, USDCAD, USDCHF and USDJPY
TimeFrame: M15
Updated On: Tue May 17th, 2022
4.51/5
9 total votes.

HappyWay doesn't use any indicator and its advantage is that it uses reinsurance positions (grid strategy) without increasing lots (no martingale).

Currency Pairs: USDCAD, AUDUSD, AUDCAD, CADCHF, and AUDCHF
TimeFrame: H1
Updated On: Mon May 16th, 2022
4.8/5
6 total votes.

No Grid, No Hedging, No Martingale, and No Massive StopLoss. But a strong evolved Money Management System.

Currency Pairs: GBPUSD
TimeFrame: Any
Updated On: Sun May 15th, 2022
4.7/5
19 total votes.

FXTrackPRO Expert Advisor works with 3 different types of indicators at once. The interesting thing is that the EA does not use them simultaneously to determine an entry point, it uses them based on a certain algorithm.

Currency Pairs: EURUSD, USDCAD, GBPUSD, EURJPY, USDJPY and CHFJPY.
TimeFrame: H1
Updated On: Sat May 14th, 2022
4.7/5
17 total votes.

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.

Currency Pairs: GBPUSD, EURUSD, USDCHF, USDJPY and USDCAD, plus optional GBPUSD high frequency - high profit settings.
TimeFrame: M15
Updated On: Fri May 13th, 2022
4.2/5
99 total votes.

AX Trader is a High-Frequency Currency Trading Forex Robot coded with a unique hybrid strategy that utilizes Fibonacci and trend following.

Currency Pairs: AUDUSD, GBPUSD, USDCHF, EURUSD, USDCAD, and USDJPY
TimeFrame: Any
Updated On: Thu May 12th, 2022
3.9/5
35 total votes.

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.

Currency Pairs: Any Pair, Indices, or Crypto
TimeFrame: Any
Updated On: Wed May 11th, 2022
4.8/5
17 total votes.

Happy Forex secures positions using grid strategy without increasing lots (no martingale). It also uses technical analysis (indicator) for safe entry into the market with a News filter.

Currency Pairs: Using Settings 1: GBPUSD, and AUDUSD
Using Settings 2: GBPUSD, EURUSD, and AUDUSD
Using Settings 3: EURCHF, and AUDUSD
TimeFrame: H1
Updated On: Mon May 9th, 2022
5/5
2366 total votes.

News Scope EA PRO applies high impact news trading.

Currency Pairs: EURUSD, GBPUSD, AUDUSD, USDCAD and USDJPY/
TimeFrame: M1
Updated On: Sat May 7th, 2022
5/5
17 total votes.