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!

  1. 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.

  2. 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!

  3. 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.

  4. 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.

  5. 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:
Sun, 15 Jan 2023

Happy Neuron contains several modules based on recurrent neural networks in order to determine market sentiment analysis with a news filter. As a result, the EA makes continuous profits and a constant number of trades.

4.8/5
17 total votes.
Last Reviewed On:
Fri, 13 Jan 2023
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.
Visit Forex Trend Hunter Website
4.18/5
49 total votes.
Last Reviewed On:
Wed, 11 Jan 2023

Jet Trader Pro's calculate is based on the EURUSD highs and lows, making it the ideal tool for profiting from this currency pair.

Visit Jet Trader Pro Website
4.8/5
9 total votes.
Last Reviewed On:
Wed, 11 Jan 2023

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

Visit Grid Master PRO Website
5/5
11 total votes.
Last Reviewed On:
Wed, 11 Jan 2023
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.
Visit Volatility Factor Pro Website
4.9/5
1002 total votes.
Last Reviewed On:
Wed, 11 Jan 2023
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.
Visit Forex Trend Detector Website
4.72/5
125 total votes.
Last Reviewed On:
Wed, 11 Jan 2023

WallStreet Forex Robot 3.0 Domination 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 that are shipped with Metatrader are involved creatively, 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.

Visit WallStreet Forex Robot 3.0 Domination Website
4.9/5
1238 total votes.
Last Reviewed On:
Wed, 11 Jan 2023
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.
Visit Gold Scalper PRO Website
5/5
13 total votes.
Last Reviewed On:
Sun, 25 Dec 2022

Happy Power comprises a market algorithm that is self-adaptive with reinforcement learning components that are part of the algorithm.

In contrast to supervised learning, reinforcement machine learning does not require labeled input/output pairs to be present in a model, and it does not require suboptimal actions to be explicitly corrected in order for it to work.

4.9/5
21 total votes.
Last Reviewed On:
Fri, 23 Dec 2022

Instead of looking at signals on your chart just run Instant EA with your indicator and it will automatically trade, manage, and close your trades.

Instant EA allows you to

  • Back-test your indicators rapidly, test settings, and optimize.
  • Run your indicators on live and demo accounts automatically (no more sitting in front of your computer for hours on end).
  • Convert your indicators into fully automated Forex robots.
  • And so much more.
Visit Instant EA Website
5/5
15 total votes.
Last Reviewed On:
Thurs, 22 Dec 2022

To put it bluntly, Econ Power Trader is a news straddle trader that has been designed for day traders. Econ Power Trader Never uses a grid, Never uses martingale, Never uses cost averaging, & Never over leverages.

Visit Econ Power Trader Website
4.9/5
13 total votes.
Last Reviewed On:
Wed, 21 Dec 2022

In order to spot trends in the markets, the Easy Money X Ray Robot makes use of a proprietary quad indicator system that is composed of four indicators that are used in combination to determine the best entry points.

Visit Easy Money X Ray Website
4.9/5
9 total votes.
Last Reviewed On:
Sun, 18 Dec 2022

Happy INDIcators PRO pack is a group of indicators that can determine a certain currency's future movement direction. This integrated mix of a variety of indicators can help to achieve stable profits in Forex trading.

4.75/5
67 total votes.
Last Reviewed On:
Thurs, 15 Dec 2022

Happy Fast Money basic idea is to open a transaction with buy and sell limits. new buy and sell limits are set when the executed transaction price has touched the limits set by the EA.

Visit Happy Fast Money Website
4.8/5
53 total votes.
Last Reviewed On:
Mon, 12 Dec 2022

FX Eternals Trading is based on Long-term profitability with the drawdown algorithm according to risk setting.

4.5/5
17 total votes.
Last Reviewed On:
Fri, 11 Nov 2022

Trend Hunter is an Auto Adapting Trend Trading Forex Robot.

Visit Trend Hunter Website
4.5/5
27 total votes.
Last Reviewed On:
Thurs, 10 Nov 2022

USDJPY pair is continuously scanned by the Happy Japanese Market's indicators all day for trading inputs based on the indicator methodology.

4.9/5
23 total votes.

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.