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!
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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 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.
No indicators are used by FXConstant. Price movements are directly analyzed by the EA. Patterns are activated based on price movement specificity.
To a greater extent, a price in the Forex market has a certain amplitude of fluctuation - replacing an upward movement with a downward one.
Based on this principle, FXHelix collects recent data on price movements to find a deviation from the average rate of price movement during a certain period. When such a moment has been found, the EA with a high probability finds out which way the price will move, and after that begins to trade.
Money Tree has a win rate of about 90%, with no account exposure risk, and low Stop Loss. It's not a Hedging or Grid system
FXParabol uses a combination of two indicators in such a way as to detect a trend and determine the moment when to start trading in the direction of this trend.
Without using a grid, martingale, or hedging strategies, Fund Trader approaches the market via a dualistic (2-step) process to determine when to enter and exit the market with profit.
FXQuasar Expert Advisor does not use indicators.
It works directly with quotes and internal algorithms for analyzing the current market situation, as well as analyzing price movements over the past few days.
Based on the results obtained, it decides whether to open a trade or wait and in which direction to trade.
Forex Truck Expert Advisor has a special feature - it consists of two blocks that work together in addition to risk control.
The strategy and algorithms used in the EA made it possible to achieve full compatibility with any broker, so there is no need to select a broker with special trading conditions - any broker will do.
Stealth Trader is a low drawdown system, meaning it's designed to trade with very little loss while maximizing profits using NO martingale and NO grid strategy whatsoever. There will be opportunities to profit almost EVERY SINGLE DAY.
Quick Scalp Trader identifies the trend with optimized moving averages, then determines an entry based on fractals and candlestick movement.
The cornerstone principles for Power Trader take into account price action, market volatility, and short-term trending.
XFXEA calculates an entry point by evaluating a certain number of bars in a unique way and then forms a critical range. Based on this range, determines how and when to start trading.
All this is done without using the principle of Martingale.
The strategy of the Trader's Sun EA, embodied in the algorithm, is based on determining support and resistance levels, as well as identifying the behavior and direction of the Market’s movement, in order to assess the strength of the movement impulse and the probability of its continuation.
Trader's Moon EA is an Expert Advisor that uses the Martingale principle, but with a number of significant improvements and benefits.
Algorithmic Happy Brexit is a built system based on finding so-called "big fish" time movements; huge pips variations using a very low degree of drawdown.
Patterns are formations of pricing that provide us with a graphical representation of what’s going on behind the scenes in the market, Pattern Trader PRO can recognize them and make trades based on their analysis.
Happy Galaxy has new built-in methods for determining the trend direction, small grids, or loss recovery. As a bonus, News Filter is implemented to reduce drawdown at high market volatility.
News Action Trader utilizes real-time economic information from a reliable news source and automatically opens, manages, and closes trades.
FXDiverse allows traders to choose the kind of trading they prefer, how often they want to trade, profitability, currency pairs, and risks.
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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.
