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How to Use MyFxBots?
Automated Forex trading robots or Expert Advisors are Metatrader plugins that help execute trades based on pre-programmed strategies. To use them, you need to install the robot on the Metatrader platform, configure its settings, and test it on a demo account before using real money.
Welcome to MyFxBots! Our team of experts meticulously analyzes strategies, conducts rigorous backtesting, tests with real money, and provides comprehensive reviews. We aim to empower our valued traders with our wealth of experience and insights!
This page may contain paid affiliate links. If you buy or register through them, MyFxBots may earn a commission or referral fee. See our disclaimer for details.
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Get A Trading Account in a Good Broker
Choose a reputable broker that offers low fees, good customer support, and a user-friendly platform. Ensure the broker is regulated and has a good track record.
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Get Funded by a Prop Firm
Select a reputable proprietary trading firm that funds traders after they pass an evaluation or challenge; confirm the firm's rules, fee structure, payout split, and reputation.
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Get A Profitable Expert Advisor
An Expert Advisor (EA) is an automated trading system. Look for EAs with a proven track record of profitability, positive reviews, and back-tested results. Test the EA on a demo account before using it with real funds. Our reviews are below!
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Get A Fast Cheap VPS
A Virtual Private Server (VPS) hosts your trading software and provides low latency for faster trade execution. Look for VPS providers that offer good performance at an affordable price, and ensure they have reliable customer support.
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Get A Reliable CopyTrading
CopyTrading allows you to automatically replicate the trades of experienced traders. Choose a reliable platform that offers verified and profitable traders to copy, and ensure the platform has good security measures in place.
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Get A Reliable Trading Signals
Trading signals are in-time recommendations to buy or sell financial instruments. Choose a provider with a good reputation, transparent performance history, and a reasonable cost. Test the signals on a demo account before following them with real money.
Last Reviewed On:
Fri, 5 Jun 2015
Cyrus EA core strategy is the trend detection, it does not apply any grid trading, martingale trading or hedging at all.
Last Reviewed On:
Tues, 12 May 2015
GPS Forex Robot independently takes all of the information from the market and calculates the necessary parameters for optimal trading. On the backtests the EA shows unbelievable stability and very good profit. Moreover, this robot is not sensitive to the spread. For example, with the EURUSD pair, for only one trading operation, the expert takes an average profit in 8 pips, while the average spread for this currency, for example on the Alpari UK or IamFX brokers, is only 0.6 pips.
Last Reviewed On:
Mon, 20 Apr 2015
Pivot Trader Pro is a fully automated Forex robot, as its name suggests it trades pivot levels and its performance is like that of a professional trader.
Pivot levels are imaginary detectable landmarks on a chart that help to determine its support and resistance levels as the price action trends up and down.
Pivot levels are imaginary detectable landmarks on a chart that help to determine its support and resistance levels as the price action trends up and down.
Last Reviewed On:
Thurs, 2 Apr 2015
Forex IMBA uses a fixed lot size, doesn't use martingale in its trading, and has a drawdown control capability.
Last Reviewed On:
Fri, 27 Mar 2015
A reversal trend trader that employs a well configured group of reliable indicators to predict the exact time of the trend impending death, momentum loss and the cutting edge of a new direction of that trend.
The next step before starting a trade is to compare such an opportunity to price action for verification, this confirms an impending reversal of the trend direction.
Then the trade entry becomes so favorable and that trade is highly promising and the system puts an order.
The next step before starting a trade is to compare such an opportunity to price action for verification, this confirms an impending reversal of the trend direction.
Then the trade entry becomes so favorable and that trade is highly promising and the system puts an order.
Last Reviewed On:
Sat, 7 Feb 2015
By measuring market volatility and oscillation, accounting trends and tracking price action, the robot can use the resulting data and combine it perfectly with its settings and built in indicators as CCI, Moving Averages, WPR, and others to wipe out the majority of harmful and bad signals, what finally results in being a huge win rate system.
Vortex Trader PRO uses a MySQL database to broadcast trading signals, it trades around the clock as was proved by its live performance statements with an average win of 11 pips and average loss of 21 pips.
Vortex Trader PRO uses a MySQL database to broadcast trading signals, it trades around the clock as was proved by its live performance statements with an average win of 11 pips and average loss of 21 pips.
Last Reviewed On:
Sun, 14 Sep 2014
Arbitrage trading strategy where a certain currency positions are being opened depending on two different broker price feeds. It exploits differences in the price from each feed and profits from those discrepancies.
Last Reviewed On:
Fri, 12 Sep 2014
A super simple twist on Keltner Channels; a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created. This idea is based on a book called "How to Make Money in Commodities", by Chester Keltner. KeltnerPRO is entirely automated.
It trades using baskets with a limited amount of trades achieving good profit on average 30+ pips, the positions are entered at the bar open with dynamic StopLoss and TakeProfit values.
It trades using baskets with a limited amount of trades achieving good profit on average 30+ pips, the positions are entered at the bar open with dynamic StopLoss and TakeProfit values.
Last Reviewed On:
Fri, 6 Jun 2014
Fapturbo 2.0 trades 6 pairs with an extremely high trades frequency in addition to the crypto-currency Bitcoin, the electronic money that is making news.
Last Reviewed On:
Sun, 1 Jun 2014
Forex Megadroid is an Asian session scalper, it resets its algorithm according to the current market conditions insuring your profits and minimizing your losses, it applies a new technology called RCTPA (Reverse Correlated Time And Price Analysis), it's able to trade without being detected by the broker.
Last Reviewed On:
Fri, 14 Feb 2014
Forex Striker is a scalping Forex robot, trading on the 5M timeframe, can run on accounts of as little as $500 - $1000, with a risk of only 3% per trade, the robot codes are simplified facilitating the control of memory overloads in the computer which can lead in PC crashes, the robot is able to adjust the trade's SL/TP values according to the market movements, it can also track floating spreads and execute them into the trading strategy.
Last Reviewed On:
Mon, 20 Jan 2014
A trend EA as its name suggests, Forex Growth Bot takes the trader term "cut your losses short, let your profits run" actually earnest. As it trades only the EURUSD on M15 and it's not such a feature-rich software, this review will probably be shorter than my other reviews.
Last Reviewed On:
Sat, 14 Dec 2013
A scalping robot on trend pullbacks, resembling WallStreet Forex Robot. While its TP is set at 35 pips from the entry, it prefers to close most of the trades at 2-4 pips in profit and rarely keeps a trade running its full course. Its SL is set at 70 pips
Last Reviewed On:
Sun, 8 Dec 2013
Drive Gold is an expert advisor trading gold using the grid basket strategy.
Last Reviewed On:
Sat, 9 Nov 2013
Iris Fx is mostly trend-following by using a trailing stop and entries limit orders
Last Reviewed On:
Sat, 2 Nov 2013
Forex Invest Bot opens multiple trades according to volatility with a fixed lot size trying to capture trend movements; it is the upgraded version of Forex Growth Bot with a similar trading style except for the more trades that might be opened by the Forex Invest Bot - it could exceed 20 simultaneous trades - and the improved entry & exit system being used.
Last Reviewed On:
Wed, 23 Oct 2013
FX Capitalist is a scalper all over the day with so tight stop loss (L version => 4 pips, S version => 2 pips) and a more higher take profit target (L version => 13 pips, S version => 11 pips). The losing trades are ordinary predominant, but the final result is still good.
Tags
Valery Trading
Tickmill
Algocrat AI
FXAutomater
WallStreet Forex Robot 3.0 Domination
Tick Data Suite
IC
StrategyQuant X
Waka Waka
Perceptrader AI
Forex Diamond
Volatility Factor Pro
RoboForex
XM
HF Markets
InstaForex
Alpari
FX Scalper X
Forex Combo System
GPS Forex Robot
Golden Pickaxe
Forex Trend Detector
GrandCapital
Automated Forex Tools
Omega Trend
Broker Arbitrage
TradingFX VPS
AMarkets
Telegram Signal Copier
SMRT Algo
EasyAlgos AI
Quant Analyzer
AlgoCloud
Forex Trend Hunter
FXVM
Forex Gold Investor
Binance
Infinity Trader
Gold Miner
Sentinel AI
RayBOT
Gold Scalper PRO
LeapFX Trading Academy
ForexSignals.com
FxPro
ACY Securities
Zone Hunter Robot
Elirox
FX-Builder
Quant Data Manager
Commercial Network Services
FXCharger
News Scope EA PRO
Happy Forex
FXTM
BlackBull Markets
Libertex
Smart Scalper PRO
Happy Bitcoin
Pump Trader Robot
WallStreet Recovery PRO
SlingShot
Dark Kronos
Vortex Trader PRO
Swing Trader PRO
Pepperstone
VPS Forex Trader
QHoster
FX Secret Club
Best Free Scalper Pro
Magnetic Exchange
Exness
StarTrader
Forex VPS
MTeletool
Trend Matrix EA
Telegram Copier
Forex Robot Academy
Forex Robot Factory (Expert Advisor Generator)
ByBit
Database Mart
Gold Breaker
DARKEAS
Quant Tekel Funded
XAUBOT
ChartPrime
easyVPS
EGPForex
Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
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