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.

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.

With the help of its built-in Forex indicators, Atomic Trader uses its unique algorithm to identify when the market is supposed to go up or down, then enters or closes trades on your behalf while you live your regular day.

Currency Pairs: AUDUSD, GBPJPY, EURGBP, USDCAD, EURUSD, and USDJPY
TimeFrame: Any
Updated On: Sat May 7th, 2022
4.9/5
19 total votes.

StrikeFX is a multicurrency martingale Expert Advisor of a new generation that doesn't settle for too long, gains stable earnings, cuts losses early before they grow, and absorbs the losses. In other words, "Martingale without diapers" is the motto of this EA.

Currency Pairs: EURUSD, AUDUSD, NZDUSD, EURGBP, EURAUD, GBPCAD, GBPCHF and AUDNZD
TimeFrame: H1
Updated On: Fri May 6th, 2022
4.6/5
27 total votes.

Happy Algorithm PRO measures performance and deviations in the prices of a currency pair, shows the difference as a line and analyzes it to get an optimal hidden SL and TP.

Currency Pairs: EURUSD, and USDCHF
TimeFrame: D1
Updated On: Thu May 5th, 2022
4.58/5
6 total votes.

Strictly ruled grid-based trading technique with safety "high frequency" scalping element.

Currency Pairs: GBPUSD, and NZDCAD
TimeFrame: M15
Updated On: Thu May 5th, 2022
5/5
11 total votes.

Arbitrage Trading is a method that's not predicting the future market movement but tries to identify where the market will go on a broker based on another price feed and profiting from those differences.

Currency Pairs: All Major Forex & CFD Pairs
TimeFrame: M1
Updated On: Thu May 5th, 2022
4.7/5
21 total votes.

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.

Currency Pairs: USDCAD, EURUSD, EURGBP, EURJPY, EURCHF, GBPUSD, AUDUSD, USDCHF and USDJPY
TimeFrame: M5
Updated On: Wed May 4th, 2022
4.5/5
5 total votes.

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.

Currency Pairs: EURGBP
TimeFrame: H1
Updated On: Wed May 4th, 2022
4/5
4 total votes.
No exotic or speculative techniques are applied in Forex Trend Detector and it's not a slippage or spread dependent.
It detects the final moments of a volatile market trend or session, identifies the volatility limits below which the dominant market trend is, and don't ignore the special situations when those volatility limits occur near important market levels, predict price levels that should capitalize when the market is readjusted after the volatility breakout has occurred, and finally it sets an order based on that prediction.
Currency Pairs: EURUSD, GBPUSD
TimeFrame: M5
Updated On: Mon May 2nd, 2022
4.72/5
125 total votes.