MyFxBots

 MyFxBots Forex Robots Trading Strategy Analysis, Exploring and Review Page 2

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.

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: Tue Aug 4th, 2020
4.9/5
5353 total votes.
ForexBot28 uses neural networks that help it to achieve impressive results.
Currency Pairs: 28 Different Currency Pairs.
TimeFrame: Any Timeframe.
Updated On: Thu Apr 4th, 2019
4.66/5
23 total votes.
FxStabilizer precisely computes the most suitable situation to open a trade and then perform every ability to close it in profit. It is also packed with an absolute trading security mechanism as a last resort where the loss will be stopped at a preset percentage of the deposit the trader is ready to risk.
Currency Pairs: EURUSD and AUDUSD
TimeFrame: H1
Updated On: Tue Mar 26th, 2019
4.14/5
42 total votes.
Forex Kore EA is one of the best Asian scalpers on the market.
Currency Pairs: GBPUSD, USDJPY, GBPCHF, GBPCAD, EURGBP, EURCAD, EURCHF, USDCAD and USDCHF.
TimeFrame: M15
Updated On: Thu Feb 21st, 2019
4.68/5
24 total votes.
As the name suggests, Forex Combo System is a collection of several subsystems, four to be clear. The most accurate description that fits it is "four different EAs joined together". The result of such an EA could be considered "Pleasant" as you will discover this yourself after some further reading, It's an easy to use EA and is one of the most solid automated trading systems that I've ever seen.
Currency Pairs: EURUSD, GBPUSD, EURAUD and EURCAD
TimeFrame: M15
Updated On: Tue Sep 25th, 2018
4.5/5
462 total votes.
No matter they were good or bad, Happy News EA trades important Forex news automatically.
Currency Pairs: EURUSD, GBPUSD, AUDUSD and USDJPY
TimeFrame: M15
Updated On: Fri Sep 7th, 2018
4.55/5
39 total votes.
Forex Trend Hunter is a trend following, long term profiting Forex Robot. It's not an Asian scalper as the broker trading conditions or spread widening have no rule over its performance.
Currency Pairs: EURUSD, GBPJPY, EURJPY, USDJPY and USDCAD
TimeFrame: H1
Updated On: Sat Aug 25th, 2018
4.18/5
49 total votes.
The trading strategy of Forex Impulse Trader main idea is detecting the impulse then opening two trades at the same time and direction.
Currency Pairs: EURUSD, GBPUSD, EURAUD, USDJPY, USDCHF and EURJPY
TimeFrame: M15
Updated On: Tue Jul 24th, 2018
4.79/5
60 total votes.
FxCharger is designed to open trades every day. Each order has a unique Takeprofit as the EA adjusts it to the current Market condition. Each trade has a unique Stoploss.
Currency Pairs: EURUSD Only in the Basic Version and EURUSD, AUDUSD and EURGBP in the Max Version
TimeFrame: H1
Updated On: Fri Jul 13th, 2018
4.76/5
46 total votes.
Forex Spectre is a trend follower EA coded with 3 different strategies but with many similar behavior aspects. Although proved profitable, further descriptive data about those strategies were not revealed by the EA developers and are still vague.
Currency Pairs: EURUSD
TimeFrame: 5M
Updated On: Fri Jun 22nd, 2018
4.77/5
33 total votes.
Happy Trend trades on high volatility including a News Filter. No martingale, no hedging, and no grid are included in its trading algorithm.
Currency Pairs: AUDUSD, EURUSD, GBPUSD, USDCHF and USDJPY
TimeFrame: H1
Updated On: Thu Jun 14th, 2018
4.8/5
25 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: Wed Mar 28th, 2018
4.72/5
125 total votes.
FxMath Stochastic Trader employs multiple trading strategies working together, basically the trend / swing strategy.
Currency Pairs: EURUSD, GBPUSD, EURJPY, USDCAD, USDCHF & USDJPY
TimeFrame: H1
Updated On: Tue Mar 13th, 2018
4.94/5
194 total votes.
Forex Pulse Detector is a scalper and grid trader with multiple built in indicator sets for market reversal precise detection and special algorithms for the highest accuracy on its compatible low timeframe (M15) causing higher trading activity with faster profits as in the backtests and live trading performance results.
Currency Pairs: GBPUSD and EURGBP
TimeFrame: M15
Updated On: Fri Jan 12th, 2018
4.76/5
78 total votes.
Ray Scalper core trading strategy is the concept of Ray Tracing on M15 / H1 trading range channels & Fibonacci levels. It never performs martingale nor pyramiding neither pending orders.
Currency Pairs: EURUSD
TimeFrame: M15, H1
Updated On: Mon Jan 1st, 2018
4.79/5
252 total votes.
Volatility Factor Pro trades by opening a basket of 4 positions maximum depending on market volatility, taking profit at 20 pips with hard StopLoss of 50 pips, this means that touching the SL for the 4 basket trades would mean a drawdown (4 * 50 = 200), this is a so much safer if compared to the older version which drawdowns could be in excess of 1500 pips of (380 * 4 = 1520) pips.
Currency Pairs: GBPUSD, EURUSD and it also trades other unsupported pairs.
TimeFrame: M15
Updated On: Thu Dec 28th, 2017
4.9/5
1002 total votes.
Professional Trading Portfolio is a merge of both Professional Breakout Trading System and Professional Reversal Trading System to work together, they are totally automated Forex systems coded for Metatrader4 platform.
Currency Pairs: EURUSD
TimeFrame: H1
Updated On: Wed Dec 20th, 2017
4.78/5
242 total votes.
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
Updated On: Tue Oct 31st, 2017
4.88/5
68 total votes.

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