MyFxBots
Blog Posts
Featured EAs

 MyFxBots Forex Robots Trading Strategy Analysis, Exploring and Review

  1. Homepage

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.

New

The Gold Scalper PRO strategy's principle is to enter in a distinctive market impulse direction and follow correction. A principle that has been around for as long as the markets have existed.
Gold Scalper PRO is not a grid, martingale, or using any other risky strategies, it just employs a classical trading strategy by a textbook using reasonable Stop Loss levels and a prosperous entry and exit trading logic beside an optional money management ATR based algorithm.
NFA
Currency Pairs: XAUUSD
TimeFrame: M15
Updated On: Sun Jan 31st, 2021
5/5
13 total votes.
Combo

FX Secret Immortal runs three Forex trading strategies combined in one system with perfect synergism and harmonical interaction.
NFA
Currency Pairs: EURUSD
TimeFrame: Any
Updated On: Sat Jan 30th, 2021
4.9/5
333 total votes.
Bonus

Happy Market Hours is a scalper EA using identical 40 pips S/L and T/P limits with default maximum spread of 5 pips, basically designed for all types of traders in the Forex market including new users.
NFA
Currency Pairs: EURUSD, EURCHF, EURGBP, EURCAD, USDCAD, USDCHF, GBPUSD, GBPCAD, GBPCHF, CADCHF
TimeFrame: M15
Updated On: Fri Jan 22nd, 2021
4.78/5
252 total votes.
New

Fx Splitter is a basket trading expert advisor using martingale strategy.
NFA
Currency Pairs: AUDCAD, AUDNZD, CADCHF, EURGBP, EURJPY, EURUSD, GBPCHF, GBPUSD, NZDCAD, NZDJPY, NZDUSD, USDCHF and USDJPY
TimeFrame: H1
Updated On: Tue Jan 19th, 2021
4.27/5
21 total votes.
Discount

Forex Warrior is a Grid expert advisor, it remains in the market 24/7 opening long and short positions simultaneously applying a precisely selected martingale-based strategy.
NFA
Currency Pairs: GBPUSD, EURUSD, EURGBP, AUDUSD and NZDUSD
TimeFrame: H1
Updated On: Mon Jan 18th, 2021
4.78/5
258 total votes.
New

Auto ARB is an arbitrage based trading system coded and refined by LeapFX developers team that has a set of automated trading systems being reviewed in MyFxBots.
NFA
Currency Pairs: All
TimeFrame: Any
Updated On: Fri Jan 1st, 2021
4.75/5
24 total votes.

Easy Walker FX is a night multi-pair scalper that trades in the Asian session period during the market's minimal activity. It never uses martingale in its trading strategy but nevertheless profitable in real trading.
NFA
Currency Pairs: EURUSD, EURGBP, GBPCHF and GBPUSD
TimeFrame: M15
Updated On: Wed Dec 30th, 2020
4.13/5
16 total votes.
Discount

Omega Trend EA is designed on well-established rules that enable it to run both in up and down markets. Its core algorithm is based on the fundamental trading truism: Volatility equals profits.
NFA
Currency Pairs: GBPUSD, EURUSD, EURJPY
TimeFrame: H1
Updated On: Mon Dec 28th, 2020
4.68/5
225 total votes.
Discount

Forex Trade Cleaner is an advanced Forex system that manage to close open trades at specific day and time. It can also disable Expert Advisors and Close the whole MT4 terminal. Additional settings by which the trader may change and adapt the robot to his trading style also exist.
NFA
Currency Pairs: All Major Trading Instruments.
TimeFrame: Any
Updated On: Fri Dec 4th, 2020
4.58/5
32 total votes.
New

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 conform the difference between a winning and a losing trading systems, especially scalping strategy ones.
NFA
Currency Pairs: GBPUSD, EURUSD, EURCHF, EURAUD, EURCAD, GBPCAD, USDCAD, USDCHF and USDJPY
TimeFrame: M15
Updated On: Tue Nov 24th, 2020
4.45/5
8 total votes.
New

Auto News Trader is a fully automated Forex trading robot that opens trades depending on news releases. Trading news is an important Forex trading strategy that exists and being used by Forex traders a long time ago although special precautions should be taken to what could occur during and around Forex news releases like spreads increase and execution delay, what is called slippage in the trading industry.
NFA
Currency Pairs: AUDUSD, EURCAD, EURUSD, GBPUSD, NZDUSD, USDCAD, USDJPY and USDSEK
TimeFrame: Any
Updated On: Fri Nov 20th, 2020
4.8/5
91 total votes.

Funnel Trader EA strategy simply identifies short term trends and trades in their direction.
NFA
Currency Pairs: AUDJPY, AUDUSD, EURJPY, EURUSD, GBPJPY, GBPUSD, NZDJPY, NZDUSD and USDJPY
TimeFrame: M15
Updated On: Sat Nov 14th, 2020
4.77/5
87 total votes.
New

Forex Profit Defender an set Trailing Stops to any open trade/position and can trade manually or with other Forex robots that don't support Trailing Stops, moreover, it can generate trading signals and execute them automatically.
NFA
Currency Pairs: All Currency Pairs
TimeFrame: Any Time Frame
Updated On: Fri Nov 13th, 2020
4.51/5
15 total votes.
New

The base core of Professional Breakout Trading System is the market model Volatility Breakout, it opens and closes trades within one daily session. It captures large daily movements in the short-term trend direction that is determined by a built-in Trend Filter.
NFA
Currency Pairs: EURUSD
TimeFrame: H1
Updated On: Thu Nov 12th, 2020
4.8/5
372 total votes.
New

Z Trader FX is more of a long-term trading system, so it might not be suitable for those who prefer high rapid actions.
NFA
Currency Pairs: EURUSD
TimeFrame: Any
Updated On: Thu Nov 5th, 2020
4.43/5
7 total votes.
Bonus

WallStreet Forex Robot 2.0 Evolution 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.
NFA
Currency Pairs: GBPUSD, EURUSD and USDJPY are Recommended! USDCAD, USDCHF, AUDUSD, NZDUSD and EURJPY are Also Supported but Broker Spread Dependent!
TimeFrame: M15
Updated On: Sun Sep 13th, 2020
4.9/5
1238 total votes.
Bonus

Happy Gold uses a trend strategy with a modified ZigZag indicator, that best works on XAUUSD in the M30 chart.
NFA
Currency Pairs: XAUUSD (GOLD)
TimeFrame: M30
Updated On: Tue Aug 4th, 2020
4.9/5
5353 total votes.
New

ForexBot28 uses neural networks that help it to achieve impressive results.
NFA
Currency Pairs: 28 Different Currency Pairs.
TimeFrame: Any Timeframe.
Updated On: Thu Apr 4th, 2019
4.66/5
23 total votes.

User Profile

Sign Out